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Fintech discussions and conversations around the development of fintech.
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Financial institutions are well aware of the importance of transparency around risk. They need to be ready at any moment to respond speedily to regulatory requests, able to demonstrate at the press of a button their operational resilience from a capital adequacy point of view. It is becoming increasingly desirable that they should be able to repli...
19 July 2022 /regulation
Nick Green Director at Purple Patch Broking Ltd
Cost savings for fintechs have always been important but in the current economic climate and in the wake of the COVID-19 pandemic, it has become increasingly important to save costs where possible. Fintechs who can effectively save costs without impacting customer experience will have the ability to compete on price and value with competitors whil...
14 July 2022 /regulation /retail
Colin Neil Managing Director Adyen U.K. at Adyen
Today’s operating environment for retailers is incredibly challenging. Covid cases are increasing, the cost of living is affecting shopper habits and experiences in the supply chain and impact on inflation continues to impact prices. Businesses that made digital transformation investments during the pandemic fared better when they were faced wit...
05 July 2022 /payments
Chermaine Hu CFO & Co-Founder at Episode Six
Despite being around since the 20th century, card payments are set to grow at just 4% per year between now and 2030. Why? Because there are new ways to pay. Whether its Buy Now, Pay Later (BNPL) or contactless payments, consumers are finding new preferences for payments and maintaining pace for financial institutions (FIs) is a challenge. Aging S...
30 June 2022 /payments /crypto
Yulia Gavrilova Consultant at Serokell
Banks play a crucial role in the financial system, so it’s necessary to timely assess the risks and opportunities that Fintech solutions actually represent for them. The Fintech revolution is often said to have disrupted traditional banking, however, there are also professionals who say that it has only strengthened the portfolio of existing banki...
29 June 2022 /retail /crypto
Ivan Aleksandrov CSO | Fintech Licensing, Core banking & BaaS at Advapay
The Dutch regulator (De Nederlandsche Bank, DNB) is one of the most active in the EEA in terms of the number of Payment Institution (PI) and E-money Institution (EMI) licences that is issues. In 2021, the regulator issued 14 PI and EMI licences, more than any other EEA country including Lithuania. In total, now (as of 22 June, 2022) 74 Payment Ins...
22 June 2022 /payments /regulation
Kartik Swaminathan Author - 3F: Future Fintech Framework & Founder at Fintastech (Fintech Consulting & Coaching)
Fintech is a highly regulated sector, and thereby many (or most) of the Innovation and new business models / propositions, depends on policies and norms from regulators. Historically financial regulators have been better focussed in terms of the policies on Financial Risks. Then with retail banking and branches, some focus started to come on Operat...
22 June 2022 /regulation /predictions
In 2009, former Fed chair, Paul Volcker, said that the ATM has been the only useful innovation in banking over the previous 20 years. How much innovation have banks done since? Does the current market downturn create an opportunity for them to catch up? I would argue so, yes. If they want to of course. Brendan Greeley, wrote in the FT over the wee...
22 June 2022 /startups /markets
Fahmid Kabir Product Evangelist at Protopia AI
Fraud: The New Language of Love Falling in love, for most people, can be the most exhilarating feeling in the world. But love also asks a lot of us, requiring the needs of others to be put before our own—a task that takes commitment, courage, and sometimes hardest of all: vulnerability. But what if someone abused that vulnerability? What if th
14 June 2022 /payments /crime
Pavlo Farb Security Engineer at Cossack Labs
You can often hear from me and my colleagues security engineers about the defense in depth approach to protecting the user data. Does this mean putting as many tools and security controls in your code or system as the whole market suggests? By no means. When speaking about defence in depth we mean that carefully chosen tools, controls, security po...
07 June 2022 /security /crypto
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