Fintech News Issue #84 September 7th, 2016

There is an interesting term describing a certain type of relationship between FinTech and banks called ‘rent-a-charter’ – a model when banks backstop or formally provide services behind FinTech websites. With the evolving relationships between startups and institutional players, this has become an often cited scenario, especially in lending, bringing certain scrutiny for everyone involved.

Consumers and businesses alike will often consider a company’s reputation before entering an agreement with them. After all, why would anyone choose an organisation which has history of letting its customers down, over another with a spotless track record?

It is not news here, or anywhere else, but bankers and fintech entrepreneurs are from different planets. They are just wired differently.

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The conference, will focus on bringing together financial institutions, investment and trading experts with those at the cutting edge of #Fintech development in the cryptocurrency world.

In the last four years, venture capital investment in fintech has increased more than 600%. Is this exponential growth a sign of a new bubble, or the beginning of the end of banking as we know it? At Silicon Valley Innovation Center, Palo Alto, CA, USA

The everyday customer experience is always changing, but IoT will have a lot do with it.

In mythology, unicorn sightings are blessed events. In fintech world, they might be increasingly ill-fated.

Digital transformation is challenging in insurance, where change must happen without interrupting the flow of daily business. Here’s how savvy leaders are taking on the challenge.

Despite wanting to improve the digital consumer experience, research finds that the banking industry still can't fully support key stages of the digital customer journey.

Innovation in the United States could be at risk due to a recent patent rulings having a detrimental effect on patent enforcement efforts and obtaining patents on business methods including financial technologies.

With the recent CMA report driving further competition in banking, the historical hold that established banks have had on customers is diminishing. Furthermore, the continuous growth of significant FinTechs such as Monzo, Starling, Atom, Transferwise and Revolut, is proving that digital disruption is not going anywhere.

As the demand for faster and more sophisticated financial trading tools increase it is envisaged that future trading platforms will need to adapt in terms of functionality and flexibility.

With all the fascination around artificial intelligence (AI) as an immense part of the future, there is an underestimation of how firmly AI is rooted in the present already.

In a recent report EY point out that the big advantage the UK has in “Fintech” is it’s progressive policy from Government and Regulators.