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Fintech discussions and conversations around the development of fintech.
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Peter Barcak CEO & Co-Founder at Credolab
The 2022 post-pandemic year was arguably one of the most challenging for fintech. The economic downturn has hit the industry hard, changing the motivation of investors, consumers and startups. However, any crisis always opens up new opportunities. Despite the current downbeat pessimism on many sides, the fintech industry is not at the 'end of hist...
19 December 2022 /startups /predictions
Retired Member
Innovation is enabling new types of payments and creating a truly dynamic ecosystem. Yet in order to create a market where new schemes like account-to-account payments can compete, regulation must play a central role. Payments modernisation is a hot topic right now—and for good reason. New and innovative digital payment technologies and instruments...
16 December 2022 /payments /regulation
Nick Green Director at Purple Patch Broking Ltd
Today, consumers can easily apply for credit online through innovative credit solutions like buy now pay later (BNPL). But consumers need to know what they are signing up for and how much they eventually have to repay. This is what’s sparked regulatory reviews. To bring more clarity to consumer credit, the Council and European Parliament have re...
16 December 2022 /regulation /retail
The digital revolution is showing no signs of slowing. Today, more and more industries, including real estate, music, healthcare, banking, and even gold and silver are adopting digitization to meet user needs. In modern society, the transition to a fully-digital world is well underway. In the next year, it’s forecasted that 93 percent of people wi...
14 December 2022 /payments /crypto
Mukund Rao Co-founder at muvin
The year 2022 saw digitization cementing its roots further, which in turn continued to transform its financial industry and saw new-age banking emerging. The velocity of digital banking and contactless payments in the country ensued a subsequent shift towards wallets, contactless cards, digital payment apps and varied other financial products. ...
14 December 2022 /predictions
The FCA wants to see a higher quality of credit information and is taking steps to improve the sector. In light of this, the FCA recently published the long-awaited interim findings from its credit information market study. But is the report addressing the key challenges originally identified? What’s fallen through the cracks so far? And is the fu...
13 December 2022 /regulation /retail
James Monaghan Senior Director at Pegasystems Inc.
Congratulations. You have decided to implement some software and want it to be successful. Will it be Agile or Waterfall or Lean or Scrum or something else entirely. While a successful project implementation has its own requirements for running it, there are numerous things one should consider before kick off. Has the Target Operating Model been a...
07 December 2022
Congratulations. You have a problem, a project, a budget and a deadline. Instead of throwing bodies at it, software is the solution but now you need to decide to build or to buy, that is the question. Or is it? I’m not so sure it’s a clear cut decision anymore. Build used to refer to hiring in house programmers to code whatever system was necessar...
Recent industry activity and the key indicators behind digital asset adoption rates for 2023. Digital assets are more prevalent and accessible than ever before, but, right now, the industry is locked within a state of winter, particularly following the collapse of FTX and Alameda. While a period of sustained lower costs may be of concern to some, ...
06 December 2022 /payments /crypto
Galit Shani-Michel VP Payments at Forter
The PSD2 regulation came into force in the UK on 14 March 2022, a full two years after it was implemented in France, Germany, Spain and Italy. Central to the directive is the requirement for merchants to conduct Strong Customer Authentication (SCA) unless an exemption or exclusion can be granted. However, although this, in theory, means less fraud...
05 December 2022 /payments /regulation
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