1137 Results from 2015
Retired Member
We are in the midst of interplay of disparate technology solutions in an enterprise. It is always comfortable to sit back and strategise to clean up existing ones and have a compact set of solutions that make life a lot easier. This is purely academic utopia. The reality is the old and the new will have to coexist and one must find the indifferenc...
18 August 2015 Innovation in Financial Services
One important benefit from Digital Currencies (DCs) is in its immunity to exchange rate fluctuations and control excercised that one sees in fiat currencies. A simple scenario will illustrate my view point. A seller, of good valued at 100 units of DC, given a 30 day payment term will receive 100 units on the date the payment is due. The assumption...
17 August 2015 Innovation in Financial Services
Over the past 18 months there has been a lot of (maybe too much) discussion and hype about the rise and imminent takeover of the ‘robo advisor’ within the wealth management market. This hasn’t fully materialised yet so Will Smith can rest easy for a while longer, but whilst there is undoubtedly a market for an automated online service, it is also ...
17 August 2015
Based on several discussions with many banks I had in the last 11 months in the region I found that more and more banks are interested mainly in mobile banking solutions and online banking solutions only come after that. It is not a surprise after all as in the region the mobile penetration is booming similarly to the global trend. Out of 7.219 bil...
17 August 2015 /retail
FinTech Investments Quadruple , UBS Is Spending Big Money on Fintech Startups , A listing of 1208 fintech startup, The 7 hottest Fintech companies in the silicon valley - These are some of the recent articles I've read related to fintech startups. If you're on social media (Twitter, LinkedIn, etc.) and follow this space, you'll know how vibrant...
16 August 2015 /startups
Robert Siciliano Security Analyst at Safr.me
When you subscribe to an online service, be careful of how much information you give out about yourself. Most businesses in their terms and conditions, say they “respect your privacy.” But what if these companies go under or are sold? An article from the online New York Times explores this concept. Today’s market-data-hungry-businesses can gather l...
14 August 2015 /security
Stanley Epstein Associate at Citadel Advantage Group
Have you ever noticed how we move through phases? Looking back over my long career in the world of banking and banking technology, there were always those ‘new’ technologies that kept popping up. They would be the toast of the banking technology world for a while (in those far gone days we did not have names or concepts like ‘fintech’) and then as...
14 August 2015 Innovation in Financial Services
The insurance industry has always had an estranged relationship with its customers, but most firms have come round to the fact that they need to be totally customer focused if they want them to stay. However, it's not just companies' service manner that needs to be reconstructed – customers expect an increasing variety of communications methods an...
14 August 2015
Keith Stanton International Product Manager (Fraud & Risk) at FIS
There have been a number of news reports this month in the UK around incidents of internal fraud within banks and other corporations. Coincidently, a number of research establishments and industry bodies have produced reports this year detailing the level of internal fraud that occurs. So where is the impact seen? From the news items seen this mon...
14 August 2015 /payments /regulation
The digital disruption affecting banking and other financial services is likely to accelerate with the growing success of London’s Fintech industry. I use the term ‘Fintech’ here not just to mean a company that competes with banks but from a wider perspective; an economic industry composed of companies that use technology to make financial systems...
14 August 2015 /startups
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