We missed the “Back to the Future” hype, didn't we? Still, here's a bit of the future of fintech for you: This week's issue #44 covers future trends in banking, the fintech revolution in China and a glance into the crystal ball to see what payment will be like in 2024. Take a look at the conferences. You'll be able to meet us at FinTech Connect Live next week and if you are quick you can get one of the free tickets. Let us know if you want to talk to us – we would love to get in touch. Michael and the FinTech Weekly team.
In his annual letter to shareholders, JPMorgan CEO Jamie Dimon had warned investors and those in the banking industry that the “Silicon Valley is coming.”
Predicting the future of cash and card payment volumes is arguably a fool's errand — but Payments U.K., Britain's new trade organization for the industry, is in a good place to have a go at guessing what's to come. So what does the forecast tell us about how consumers in the U.K. will be making payments in less than 10 years?
We are happy to tell you that we will give away 20 Free Visitor Passes by courtesy of FinTech Connect Live. To register visit the website, click ‘Visitor Passes’ and enter promo code FTCLF4. Once these free passes have been allocated a 15% discount can be applied to published rates using the same code.
Chris Skinner offers a timeline that predicts and asserts adoption of technology practices for the banking industry, governed by the waterfall effect.
“We don’t consider banks as enemies. However, without any doubt, Kantox came about as an alternative to the bad practices of the oligopoly of traditional banking.”
Compared to running a startup, being Chief Financial Officer of Citigroup or president of the Bank of America's wealth management division is a "breeze."
Stephen Greer outlines three primary strategies banks can employ to kickstart a change in mindset and keep up with digital trends.
Social has transformed the way businesses engage with their customers and potential customers, and that’s as true in financial services as any other industry.
The Internet of Everything, an emerging multi trillion dollar trend that embues a world where everything is connected to everything else and where inert ‘Dumb’ materials and products are embedded with technologies and sensors that make them ‘Smart’ isn’t ordinarily a trend that is associated with the Financial Services industry. Today the most connected financial services product is arguably the NFC enabled contactless credit or debit card.
Much like male deer, to be competitive a financial services organisation must prove it is more reliable, has stronger stock and can provide the best possible experience for its followers...
[german only] Heute noch einmal ein Podcast zum 2. Bankathon. Ein Recap mit Gästen. Eigentlich waren drei vorgesehen, doch leider hat einer der Gäste ohne Stimme absagen müssen – schade Björn! Dabei waren neben Jochen und mir dieses mal Mariusz Bodek von der comdirect und Mirko Paul von SAP. Beide waren in verschiedenen Rollen Teil des Bankathons und daher war das Ziel ihrer Erfahrungen als Sponsor, Challenge-Geber und Teilnehmer mit uns zu teilen.