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Tuesday, May 22, 2018
FinTech

FinTech

FinTech’s next big stop: Corporate banking

Fintech Commercial Banking
When looking at innovation in fintech, many commentators fail to realise that the financial services industry comprises a diverse set of sectors. These are subject to differing levels of innovation, competitive pressures and market regulation. The most consumer-facing (for example, retail banking or insurance)...

Banking 2018: Trends & Conclusions

The past year has witnessed great change in the landscape of the banking sector, with the decrease in deal volume and the proliferation of alternative sources of financing continuing to affect the market. Traditional lenders have also faced the challenges brought by the rise...

Bank Negara kicks off fintech sandbox

Bank Negara
Bank Negara has approved four firms to operate within its “regulatory sandbox”, marking a significant milestone in the growth of financial technology (fintech) in Malaysia. Bank Negara opened applications for parties intending to create innovative ways to improve the quality, efficiency and accessibility of financial...

FinTech and the rise of collaboration rather than competition

FinTech Collaboration
Disruptive technology - or fintech - has been garnering tremendous interest in the financial services sphere. The potential impact of fintech on conventional business models can be huge, at least in theory. Fintech was included in Investopedia's Top 10 Terms of 2015 and the industry...

What is FinTech and why Google and Facebook could be the banks of the future

Uk Fintech
Earlier this month, Chancellor Philip Hammond appeared at the inaugural International FinTech Conference. “We are on the brink of yet another industrial revolution,” he announced to a crowd of avid listeners. “FinTech will transform the way we live and do business. “Whether it is cashless transactions between...

The First Bangladesh Financial Innovation Forum: Five Findings

Financial Innovation Forum
In the fast moving, rapidly changing financial services landscape of Bangladesh, where the regulators are holding all institutions to a world standard of risk mitigation and transparency, a highly unlikely event happened this week. The top leaders of many of the largest financial services providers...

Collaboration Is The Way Forward For Banks And FinTech

Banks & FinTech
Much has been said and writtenabout the impending doom of banking, as customers begin to flock over to Fintech products and services. However, the claim that Fintech will kill banking is still an overstatement. Banking, as we know it, is changing because of Fintech,...

Fintech partnerships reveal innovation insecurities

Fintech partnerships reveal innovation insecurities
The world's banks have poured billions of dollars into new technologies but many say their innovation strategies are falling short as concerns about cyber security, intellectual property rights and procurement hinder partnerships with fintech firms. That is according to a study conducted by the law...

PwC: ‘FinTech and financial services are competing less and coming together’

PwC on FinTech Collaboration
PwC says the financial services establishment has moved from viewing fintech startups as an amusing aside to seeing them as crucial collaborators, with a huge proportion hoping to partner with new innovators in the future. In its latest Global Fintech Report, published on Thursday, PwC...

Is regtech the new fintech?

Is regtech the new fintech?
With mobile apps, banking automation and blockchain already transforming financial services, financial institutions are now looking to regulation technology, or regtech, to meet compliance requirements. But technology has been used to address regulatory requirements for some time now, so what’s new and exciting about regtech?...
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