FINTECH ARTICLES OF THE WEEK 2/13/2017 Chatbots in banking, the banks that do APIs well, and the rise of open banking. This week's FinTech links provide a look at the shifts in technology that can move banks away from consumers and provide consumers a way to gain greater control over their banking experience. And then there's the genuine coin of the realm, in the form of … [Read more...] about Bots!
Banking
THE BLOCKCHAIN WATCH 11/06/16
Wall Street’s blockchain obsession hasn’t produced a global revolution so far, just a lot more consulting work After all the hype surrounding blockchain over the past couple years, the actual application possibilities for banks and consumers remains to be seen. So far, says Joon Ian Wong, the hype has only brought big consulting bucks from banks. Blockchain is solution … [Read more...] about THE BLOCKCHAIN WATCH 11/06/16
Survey Surprise: Security an Important Issue for Banking Millennials
When it comes to their money, millennials are playing it closer to the vest than most financial analysts expected. A recent report from VocaLink, a builder and operator of payment systems, revealed 25 percent of millennials have stopped using their smartphones to make mobile payments due to security concerns. Money must be on their minds. Mobile payments are used by 52 … [Read more...] about Survey Surprise: Security an Important Issue for Banking Millennials
Release: Survey Reveals FinTech Firms and Regional Banks are Teaming Up
Survey Reveals FinTech Firms and Regional Banks are Teaming Up Consumers have spoken, and a great deal of them want their banking needs to be met digitally via computers, smartphones and tablets. In turn, thousands of regional and community banks are clambering to meet such demands by turning to FinTech, according to a recent report from Manatt, Phelps & Phillips, one … [Read more...] about Release: Survey Reveals FinTech Firms and Regional Banks are Teaming Up
Digital Denial, Market Advantages
When Chris Skinner talks about the forthcoming challenges that are ready to greet banks and financial institutions, most people in the industry know to listen up. Skinner, author of Digital Banking a regular commentator on BBC News, CNBC and Bloomberg, recently spoke at the Money20/20 FinTech conference and exhibition in Las Vegas. "Banks are in denial,” Skinner said. … [Read more...] about Digital Denial, Market Advantages
Questioning Banking
FINTECH ARTICLES OF THE WEEK 10/01/16 Bankers have accepted that FinTech is here, reports The Daily FinTech in its SIBOS 2016 wrap-up story. Realism in FinTech among both banks and startups, the move to realtime payment, and (naturally) semi-real blockchain topped its list of takeaways. It may be a long leap from last week's conversations on banking, cybercrime, and … [Read more...] about Questioning Banking