Crusade against cash

I have written 380 blogs in Finextra since I was invited to join in 2008. Mostly about themes like e-banking, e-invoicing, e-id, e-salary, payments, the Single Market and lately more about the data-dr...

Payments strategies 2015-2020-2030

Using 'nudge' to boost bank loyalty campaigns

Can we leverage behavioral nudge in designing loyalty campaigns in banks? As a known fact, retaining existing customers cost almost a fifth of acquiring new ones. Quite evidently, banks are always ver...

Strengthening Financial Security with Biometrics

Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditi

Biometrics

Cash use prior to the 23rd century

Natalie Ceeney’s recently published UK Access to Cash review asks us to consider the implications of a society where physical cash doesn’t exist. It got me thinking of a video clip I used to open a re...

Financial Supply Chain

How to Estimate Your Utility Costs

Moving into a new place can be a stressful ordeal in many ways, especially if it’s an upgrade from your previous one and you’re not used to the new standard yet. As long as you’re careful and know wha...

Personal Finance

You might have missed it: another Bitcoin funeral and a 100 billion USD market

BitPay CEO Stephen Peir believes that the cost of digital money will increase significantly after it is actively used, the world's youngest cryptomillionaire ErikFinman wrote the “obituary” of Bitcoin...

Fintech

IS IT TIME TO REVISIT THE MATURE, MANUAL PROCESSING OF CORPORATE ACTIONS?

The management of corporate actions is an old problem. It is, however, still a major challenge and an area of significant risk for many wealth managers who have not invested in automation. Historical

Innovation in Financial Services

Real Time Economy on EU top agenda

Loud and clear - Timmerman's horizontal responsibility (see page 40) https://ec.europa.eu/info/sites/info/files/refit-platform-opinions-v26november2018_en.pdf With GDPR and MyData.org gearing up we w...

Fintech innovation and startups

FinTech Guide for Global Citizens

With traditional providers slow to cater to global citizens, FinTechs have been quick to fill the space, launching innovative solutions to meet global citizens’ banking, remittance and payments needs....

Personal Finance

Facts speak for themselves: a lack of innovation in financial services is failing society

As you may have read, recently published findings from consumer charity Which? have revealed consumers are not happy about the number of bank branch and ATM closures we’re seeing. Key findings show t...

Banking Strategy, Digital and Transformation

Kenya tackles headwinds backed by robust remittances

Kenya’s economy is largely driven by agriculture and tourism. Struck by a drought in 2017, Kenya was grappling with headwinds in order to sustain its economy. The Kenyan shilling took a severe beating...

Financial Risk Management

The worst month for Bitcoin in seven years and ICO problems

On Saturday, December 1, the cost of Bitcoin rose to the level of $4,300. Then it dropped again: today, December 5, the cryptocurrency is trading at $ 3,850. Last weekend, several events occurred at o...

Financial Services Regulation