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MiFID II is going to boost transparency in financial markets and improve and broaden best execution standards for the buy side, but not everyone is prepared to handle all the data. Last month, the Eur...
As of today banking industry has been experiencing most challenging times in its history because of Digital Disruption. Every banker agrees that there is a great risk of losing market share against ne...
It’s been fascinating having the equivalent of a ringside seat for the London and New York rounds of the Barclays Techstars Accelerator. The two cities have some of the most innovative FinTech start...
Nobody disputes that it’s tough to succeed in today’s retail banking industry. Some would argue that only a magic bullet could transform the fortunes of ‘traditional’ banking in the post-Google and Am...
Recently published World Payments Report 2015 talked about the contribution of prepaid cards/wallets in Singapore’s journey towards Cashless economy. Over the period of time prepaid instruments have b...
Figures from the Bank of England suggest that we have an ongoing attachment to cash. Indeed, the value of bank notes in circulation increased by six per cent last year with the £20 note representing ...
In the digital banking business, we love to complain about how hard it is to find the right balance between security and usability. Today's users are tech-savvy. They are connected 24/7, spending lots...
News of branch closures seems to be inevitable as more and more people are turning to other channels for their banking activities resulting in less branch footfall. I've noticed that this type of news...
Now that I find myself running an accelerator in the FinTech space I get asked a lot of questions. What is the value for the startups? What do the banks get out of it? Are any real projects complete...
It was circa March 1999 and I was working in a small software company (CITIL – Citicorp Information Technology Industries Limited) which was specializing in core banking products. This company went t
For months and years I have been facing questions from friends, colleagues, CxOs of my clients in banking, retail and other industries, my B-school friends, my E-school friends and even family members...
As startup mentors will tell you, a successful entrepreneur needs to: Take risks Move fast but be patient Thrive on ambiguity Online banking is a great way to develop these skills. Here's why: #1. T...