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Fintech innovation and startups

Disruption, destruction, harmony and creation; Fintech’s new frontier – a place to discuss the cutting edge of innovation.

Retired Member

Retired Member 

My First Algo in Python

Last week I mentioned my efforts to produce an algorithm on CloudQuant.com. As a reminder, they are a strategy incubator that provides historical data going back to 2011. If you can produce a trading or investment strategy that produces decent results they will license the algo from you and pay you a portion of the profits from that strategy. You...

Abhishek Chatterjee

Abhishek Chatterjee Managing Partner at Gartner Inc.

How banks can engage, expand and innovate with new market entrants?

Post financial crisis, FS institutes are mainly focusing on improving cost income ratio (reduce cost base), leverage ratios (improve quality of assets and comply with regulations) and return on equity (improve profitability). While banks were busy running a tight ship, there is a parallel ecosystem of fintech and other startups came along and start...

/startups

Retired Member

Retired Member 

An Incubator for Trading Strategies

GLG Partners has hired a head of machine learning. Financial News reports that this is a new role entirely. The article points out that the volume of data that GLG is utilizing is growing. A similar article reports that BlackRock is putting a greater emphasis on computer models. Algos have been around for a while. So these moves make sense. But ho...

Retired Member

Retired Member 

Why EBA hasn’t understood PSD 2!

On Monday 27 March 2017 the European Parliament’s Committee on Economic and Monetary Affairs held a Scrutiny Session on the Final Report on Draft Regulatory Technical Standards on Strong Customer Authentication and common and secure communication under Article 98 of Directive 2015/2366 (PSD2). The scrutiny session is an opportunity for Members of ...

/retail

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Real Time Economy for EU - How?

Previous posts have aimed at describing the big picture: •https://www.finextra.com/blogposting/13835/real-time-economy-for-eu---big-picture The very compelling Why - the Mission •https://www.finextra.com/blogposting/13836/real-time-economy-for-eu---why The What - the targets in the Vision •https://www.finextra.com/blogposting/13847/real-time-econo...

Retired Member

Retired Member 

What are the Barriers to FinTech Investment?

Is 2017 truly a year of investment for fintech innovation as has been suggested? A report at the end of last year by law firm, Mayer Brown, suggested that financial services firms are keen to make an investment, yet they remain cautious due to the complications presented by strict and changing industry regulation. The report highlights the eager...

/regulation

Michael Pearson

Michael Pearson Founder at Clarus Investments

Assessing the Value Created by Fintech Investment

The amount of investment in venture capital backed fintech companies is well documented but how much value is being created and how does that relate to the value of established financial services companies? There are various sources of data on fintech investment levels but the one we have used is from CB Insights. According to this source, the tota...

/startups

Michael Pearson

Michael Pearson Founder at Clarus Investments

Innovative Start-Ups: A Comparison of Metro Bank and Funding Circle

If you were investing in a new financial services business in 2010, would you have chosen to invest in a multichannel bank or a disruptive fintech? Metro Bank and Funding Circle from the UK provide us with an interesting comparison. Both companies are regarded as a success, although only one so far has realised any value for investors. You can rev...

/startups

Retired Member

Retired Member 

Tap-n-PIN mystery

Calling payment industry experts for help, as I am at a loss here. Overseas cardholders from several countries can do “tap & PIN” in the UK to make payment transactions above the contactless floor limit. I can do “tap & PIN” in some EU countries with my UK-issued contactless bank card to make a payment above the contactless floor limit. But...

/payments

Henry Hilska

Henry Hilska Managing Principal at Convexity Solutions

PSD2: Challenges and promises for the future of banking

So, what happened to banking and how did it go from being among the leaders in the development and implementation of technology to the image of being too big and too clumsy and the target of many, smaller and nimbler tech start-ups? There are a few explanations for this including that the image that is portraited in much of the tech media is neit...

/payments

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