[Sponsored] We spoke with 3 senior digital banking executives from JPMorgan Chase, Santander and Moven to understand how they manage their mobile strategy and what they think the future of the digital payments industry will be. Questions answered in this Whitepaper are around partnerships between banks and fintechs, omnichannel customer experience, digital transactions, data and behavioral analytics and gamifying finance.
Vaishali Naroola looks at the misunderstood risks associated with the crowdfunding sector in an attempt to avoid the mistakes that led to the global financial crisis in 2008.
Since the 2008 financial crisis, the sector has looked to repair reputational damage, lock down compliance in the system and rapidly innovate to serve a new generation.
BarCampBankLondon is an informal event for FinTech practitioners in and around London [that includes Kraków and New York]. The first events were an offshot of BarCampBankParis and held in 2008. After a brief hiatus we're back! BCBL gives practitioners a chance to discuss and socialise with other knowledgeable professionals. Escape the permissioned vs. permission-less blockchain debate for a day and come to a place that understands your pain when the CSV file isn't escaped properly and it's not clear what the comma in the FCA handbook really means.
Join us for a complete tour of financial innovation in the heart of Silicon Valley. Attend site visits to leading fintech companies and incubators, participate in world class workshops, mingle with the finalists of LATAM’s Fintech Award and finish off with a highly curated agenda program.
A full list of conferences and events is available via our website https://www.fintechweekly.com/fintech-conferences
A few years ago, marketplace lending platforms quickly gained steam and emerged as Wall Street darlings, promising to bring greater access, speed and efficiencies to all parties involved in the borrowing process – borrowers (small businesses and consumers), the marketplace lenders themselves, and secondary investors.
We are all pretty much unanimous that the once IT buzz word “big data” is no longer the awe-inspiring complex beast which can be tamed only by expensive databases and superlative data analytics platforms. Cloud architecture and collaborative open source software brought big data processing within the reach of pretty much all enterprises. Analytics domain has reached a stage where big data is now just normal data.
Great interview with Oscar A Jofre Jr. recently ranked #7 on the Top 100 FinTech influencers list.
At Celent we’ve long said that banks must become better at partnering. And Fintechs have come around to the realization that it’s going to be the rare beast that can compete head-on with incumbent financial institutions – most will fare better by figuring a way to cooperate with them instead.
Europe is lumbered with too many banks trying to do too much in an unfavourable environment made more uncertain by Brexit, according to a study by PwC. The auditor further warns that time is running out for them to re-engineer their business models and processes to meet the challenge posed by fintech.
Combining demographics with account level insight, transaction history and locational data can make your mobile banking app your most effective and efficient sales channel.
We’ve heard the sensationalism before – That the unbridled array of opportunities in Africa are either being “squandered”, “exploited” or just now seeping to the surface for globalization to capitalize on the ‘Rising Continent’ in timely fashion.
We’re moving towards a hybrid, real-time payments model, says Tom Hay, who outlines two recent ‘convergence events’.