Trends in Financial Services

A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.

Retired Member 

The regulation vs competition debate: Is it time for new business models?

As Autumn turned to Winter and the Christmas tree went up, I’ve found myself daydreaming of a European holiday somewhere sunny. Maybe it’s the Instagram feed full of friends on a sojourn to Italy, France, or Germany, or the constant barrage of Premier League adverts on the NBC Networks (Let’s Go Gunners!), but earlier this year it was something el...

18 December 2018 /payments /regulation

Retired Member 

Invisible PFM Will Transform Banking As You Know It

Personal Financial Management (PFM) has evolved greatly since its birth in the early eighties. Originally developed to bring money management into what was then a widespread technological shift to the nascent personal computer age, PFM has since become a sophisticated means of managing your money. But in its current “visible” guise, PFM is not ne...

14 December 2018 /retail

Sam Goffman Business analyst at Forex

Security Token Offering: analysis, problems and prospects

Considering the increasingly strict approach of regulators to tokens and cryptocurrencies in recent years, attracting investments through Security Token Offering (STO) is the next logical step for the industry as a whole and determines the course of its development towards a more civilized and transparent market. Security Token Offering involves ...

13 December 2018 /regulation

Retired Member 

How can innovative technology bring an end to the global late payment epidemic?

Late payments are a perennial problem for businesses. They have a pernicious effect on global supply chains, placing undue constraints on smaller suppliers and even putting them at risk of going bankrupt. Research has found that late payments are putting one in four companies at risk of insolvency, and a culture of paying late can even devastate l...

07 December 2018 /payments

Bob Lyddon Consultant at Lyddon Consulting Services

BoE fears for UK stability due to Italian banking crisis. Unicredit needs EUR35bn more capital

The Bank of England recently woke up and issued its Financial Stability Report and Stress Test results - November 2018. In it the Bank warned that a “further deterioration in Italy’s financial outlook could result in material spillovers to the euro area and the UK”. In its more detailed comments the Bank noted that Italian Non-performing loans (NP...

07 December 2018 /wholesale

Sheza Gary Project Strategiest at Self Employed

Brexit Vote Fallout: Here’s What It Could Mean for the Pound

After shocking the global community in 2016 with a referendum to leave the European Union, the United Kingdom is nearing its departure date from the EU. Now, more than two years after the initial vote, Prime Minister Theresa May and the EU have come to an agreement for the terms of a such a divorce. However, back in London, UK Parliament is still ...

07 December 2018

Retired Member 

Using travel to establish a brand at the heart of a customer’s affections

The travel industry is bracing itself for a rough ride this year as uncertainties around Brexit are impacting consumer confidence. Euromonitor International has predicted that Brexit could drastically affect the number of outbound holidays booked over the next three years and increase staycations. With travel habits changing, could this have a ...

22 November 2018

Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene

The war on cash: National Banks Strike Back

Last week I blogged about contactless cards. The title started with “The war on cash”. This confused quite some readers, according to the comments when discussing my blog of last week. Interesting stuff, and good inspiration for a new blog. My new post will be dig deeps in these comments and concerns on the increasing digitization of payments. What...

16 November 2018 /payments

Retired Member 

Migration & Remittance: Inextricably linked cogs in the wheel of the global remittance industry

In the year 2000, statistics revealed that 173 million people lived as migrants across the world while in 2017 there were 258 million migrants living in different parts of the world. In 17 years, migrant population increased by 49%. As a logical consequence of increase in migration there has been a stupendous rise in global remittance flows. In...

05 November 2018 /payments /inclusion

Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank

Data Science, AI and Hype cycles

When in industry more than 50% of new roles are driven towards a specific skill set and when projections from various recruiting companies shows the world being short of certain skilled people and employers are scrambling to find certain type of resources in the market and are willing to pay a premium to get them on-board then it is a clear sign t...

05 October 2018 /ai