Challenger banks step forward
When Tom Blomfield, CEO of Monzo, told bobsguide “If we do our job right, we’ll make some of the high street banks extinct”, it sounded like a gutsy gauntlet to throw. Originally published on bobsguide.
Banking
FinTalk Podcast: Mobile Solutions for India’s Unbanked
This episode features a conversation with Harold Montgomery, Chairman & CEO of MoneyOnMobile, dicusscing how digital services are helping to provide greater financial inclusion for the unbanked and underbanked of India.
What the HSBC news means for the SWIFT vs Ripple debate
Hailed as a “game-changer” by Lars Sjögren, global head of transaction banking at Danske Bank, the development comes at a time when correspondent banking is seeing something of a reshuffle as cross-border payment fintechs go commercial and challenge the incumbent heavyweight, SWIFT.
HSBC: “SWIFT gpi is a natural step for us”
On Tuesday (April 24th) HSBC announced they had gone live with SWIFT's global payments innovation (gpi) service.
Banks must prepare for API unknowns
A lack of clarity over the potential products and services spawning from the open banking revolution will make it difficult for the industry to prepare for how the market will change.
Denizen CEO: Borderless approach key to post-Brexit financial services
While Brexit deliberations remain the overbearing concern for the financial services industry BBVA-backed fintech Denizen is attempting to calm those nerves by looking at maintaining that today’s markets are international in nature, transgressing the political arena.
Survey reveals Brits are aware of digital banks, but aren’t convinced
While 60% of Brits are aware of at least one digital bank, two in five wouldn’t trust them with their financial data.
Behavioural analytics: leveraging the weakest link
The world of fraud is quickly evolving, as are the ways in which fraudsters access compromised personal and financial information of unsuspecting customers. However, as quickly as the world of fraud is changing, one truth remains: humans are the weakest link in stopping fraud. By Luke Reynolds, Chief Product Officer, Featurespace.
Banks are not the answer: How blockchain can bank the unbanked
While the unbanked is a long way off from having easy, cost-effective access to financial services, blockchain is promising to empower these population segments with greater financial services access. By James Stickland, CEO, Veridium.
Why structured data is the key to AI for banks and insurers
While financial institutions are still in the early stages of adopting AI technologies, intelligent machines are expected to become the most defining tech for the future of institutions in the financial services and insurance industries. By Pamela Cytron.
