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Tuesday, May 22, 2018
FinTech

FinTech

Fintech could be bigger than ATMs, PayPal, and Bitcoin combined

FinTech could be bigger
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs. No firm is immune from the coming disruption and every company must have a strategy to harness the powerful advantages of the...

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...

Banks and FinTech startups see more value in cooperation than in rivalry

Bank FinTech Collaboration
In 2011, ICICI Bank was confronted with a unique problem. Most of the frontend staff of India’s largest private sector bank by consolidated assets were reasonably fresh, and had to be quickly trained to interact online with customers. A lot of time was wasted...

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...

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)...

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...

Financial Services and the Digitization Race

Financial Services and the Digitization Race
As one of the earliest adopters of information technology, financial institutions used to be at the forefront of technology waves, from mainframes to client server, from branches to ATMs, from passbooks to cards. However, the rate of change in consumer technology is such that...

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...

5 hottest trends in FinTech

5 hottest trends in FinTech
The term “Fintech” has ubiquitously entered the arena of the financial industry and certainly looks as if it’s a term that is here to stay. While technology isn’t by any stretch something new to the financial industry, the “fintech” trend more accurately refers to...

Online Small-Business Lending Is Set to Bounce Back

Online Small-Business Lending Is Set to Bounce Back
For online business lenders, 2016 was a rough year. Two prominent fintech companies saw their market valuations drop. One small-business lender abruptly stopped issuing loans temporarily due to performance issues, while another was forced to shut down. The industry as a whole faced heightened skepticism...
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