Fintech operations will inevitably face the restraints of legislation and banking regulation, says Igor Dubovoy.
Although it is clear to everyone that the financial services industry is finally transforming itself, said transformation means different things to different people.
The emergence of new technologies and fintech start-ups is having a direct impact on the business models of most banks. While this transformation can be a threat, there is also an opportunity for innovation and collaboration with these new players.
There are many interesting technologies out there and I haven’t blogged much about one of them: tokenization. Why am I talking about tokenization today? Because it was referred to many times by Visa, MasterCard and the card processing firms at Money2020 last week as the key to future transaction security.
Financial groups race to harness the power of the bitcoin infrastructure to slash costs.
In the continually evolving mobile payments landscape, banks are at something of a crossroads. As new players emerge in the space seemingly by the week, banks and credit unions are figuring out how they should get involved and to what extent.
Switzerland has everything it takes to advance to the leading finTech nations. First-class financial institutions such as UBS or CS, leading banking software manufacturers such as Avaloq or Finnova and research departments of ICT heavyweights such as Google and IBM call Switzerland their home.
Digital disruption has become an unavoidable reality for various industries. The Global Center for Digital Business Transformation, a joint initiative of Cisco and IMD, conducted a research to understand the nature and speed of this global disruption that took place in April and May of 2015. The survey was aimed to give an understanding of the impact, timing and means of disruption predicted for their industries and companies over the next five years.
This is like furniture that you assemble at home that comes with instructions that tell you that you will need:
Michael Bumann has been in Nairobi, Kenya for several months updating himself on the tech scene there. He noticed the widespread popularity of feature-phone enabled M-Pesa fiat transfers, and realized that by combining a few open-source tools into a bot, he could send Bitcoin through a messenger to deposit fiat directly into his cab driver's M-Pesa account.
A documentary film looking at the growth of the global FinTech industry. is in the making. Watch the trailer and numerous preview clips. In this hour-long, high-quality documentary, we are traveling around the world to speak with the people who are shaping the FinTech industry at this pivotal moment.