Should private companies be able to create currency?

Ever since Facebook’s Libra was first announced, this question has been plaguing quite a lot of lawmakers not only in the United States but all over the world. Corporations have started asking these q...

Innovation in Financial Services

Traditional banks face up up-hill struggle with business customers

A businesses strategic success is often underpinned by the services and reliability of the bank that serves their organisation. Until now, traditional banks have continued to lead the way. In fact, ...

Trends in Financial Services

3 Major HR Challenges Fintech Companies will Have to Face in the Future

Human resources is probably the most enigmatic function of any company, and the most difficult to predict. The current environment is becoming even more challenging for HR professionals, as demographi...

Fintech

20022 after 2020

SWIFT payments and related messages are changing to ISO 20022 standard in the coming three years and these changes will be market mandatory over the medium term. At this point the key action item is ...

Payments strategies 2015-2020-2030

The misplaced fear of digital

Every year there is a new buzzword that dominates the conversations in the financial services industry. A few years ago it was Big Data, then omnichannel. After that, it was Blockchain and now Open Ba...

Open Banking

Forget the funnel: Financial marketing must become a virtuous circle

Digital-first challengers have disrupted the old, cosy club of High Street banks, harnessing the power of customer data to deliver tailored financial products, services and customer interaction. What’...

Path to the Data-driven Economy

What does a Data-driven Economy mission mean? In short: better service, mega-shift in productivity, sustainability through less waste and CO2, fact-based decisions, true single European market, globa...

Open Innovation Ecosystems

PSD2: Regulation, Strategy, and Innovation

Strong Customer Authentication Across the European Union (EU) the original revised Payment Services Directive (PSD2) Strong Customer Authentication (SCA) final implementation date of 14th September 20...

The future of Payments in Europe

Transforming organization and culture to scale digital

For implementing digital in any Bank/Financial Industry/organization, there has to be shift in the organization culture. Leaders in every department have to move out of the comfortable glass door and ...

Banking Strategy, Digital and Transformation

Uber Can Learn From Walmart’s Employee Mobile Wallet Experience

Uber could well be the next uber employer to be offering employees access to a payroll-based mobile wallet that provides financial benefits, including financial loans. Recently, the listed ride-hailin...

Fintech

Regulatory compliance. Let's start at the desktop!

New regulations arrive regularly, and there are a few common themes we see across financial services. Regulations are political creations, implemented in law and thus tend to be light on detail of HOW...

3 Advantages of Online Banking over Mobile banking

These days, Mobile apps seem to be the go-to Banking channel. Payments, Onboarding, and even Advertising takes a mobile-first appraoch. In my previous blog, I explored Why Online Banking is Still Rele...

Online Banking