Chris Skinner

APRIL 23, 2018

The first is a translation of an announcement from the People’s Daily, the most official newspaper of the Chinese Communist Party, discussing digital currencies.

Marketing 273

Marketing Digital Banking blockchain Innovation 273

Chris Skinner

MARCH 16, 2017

Then, in the 2000s, Yodlee and aggregators appeared and everyone thought that this would kill the bank relationship with the customer. At the conferences, many a keynote would stand up and say technologies like data aggregation are going to disintermediate the banks from the markets. Nothing happened.

Fintech 226

Fintech Conference Mobile Technology 226

William Mills

SEPTEMBER 25, 2018

And of course, SMB lending has been a huge focus for fintech. While this is true everywhere, this is a particular challenge in a market like India. MuniRisk solves information fragmentation for municipal market participants. The municipal bond market has always been pretty low on the radar for most firms. Unsung heroes?

Mobile 78

Mobile Customer Experience Lending Analytics 78

Insights on Business

FEBRUARY 13, 2019

Banks continue their digital transformation journey to create new business models to satisfy today’s demanding customers. How do banks prepare for this new reality? For Bradesco, a large Brazilian bank, NEXT is the answer. Next is a digital bank, completely disassociated from the Bradesco brand.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

Chris Skinner

MARCH 17, 2020

I’m getting a lot of people asking questions about what I think the coronavirus will mean long-term in the financial markets, so I’ve tried to jump forward to look back. Conferences, events, … The post The rush to digitalisation post-pandemic appeared first on Chris Skinner's blog.

Conference 446

Conference Meeting Marketing Digital Banking 446

Chris Skinner

FEBRUARY 16, 2017

This is based upon apps, APIs and analytics, with banks having the opportunity to be better positioned to be the digital platform that allows open marketplaces to operate using these technologies. Banks have the opportunity to be the digital platforms that run the marketplaces, but only if they open up.

Marketing 233

Marketing social media Analytics Mobile 233

Chris Skinner

MAY 12, 2017

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. Chris Skinner: The world’s leading-edge regulatory bodies are creating lighter regulations than one required for a full banking license.

Regulation 255

Regulation Capital Fintech Innovation 255

Accenture

MARCH 11, 2021

This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. It’s time to turn to the situation facing banks in the third of our three segments – Restructure to Survive. The post Restructure to Survive: How to turn around the weakest banks appeared first on Accenture Banking Blog.

How To 231

How To Marketing System Analytics 231

PYMNTS

DECEMBER 26, 2018

“The end of this year reflects our efforts and experience of the past few years in actively developing a FinTech-conducive ecosystem in Lithuania. Our regulatory environment and the benefits it offers have been acknowledged by both startups and world-class FinTech companies,” said Board Member Marius Jurgilas, according to Finextra.

Google 217

Google Fintech Lending Payments 217

FICO

MAY 6, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are completing our series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Read my post: 11 Commandments of Digital Banking: The Customer Journey.

Digital Banking 52

Digital Banking System Data Customer Experience 52

PYMNTS

SEPTEMBER 3, 2019

PayPal, Augmentum Fintech, International Airlines Group and Investec’s INVC Fund also participated in the round. The company said in a blog post, “We live in a world increasingly reliant on digital and contactless payments. The company said it has more than 1.4 as well as France.

Fintech 129

Fintech Apple National Mobile 129

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. There’s nothing wrong with making it fun!

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

William Mills

SEPTEMBER 12, 2017

William Mills Agency will be live blogging at FinovateFall 2017. Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution.

Samsung 69

Samsung Mobile User Experience Google 69

Accenture

JUNE 24, 2020

We all know the industry is rapidly moving to digital. Evidence from our banking market research—and echoed by the current pandemic environment—suggests that we have indeed moved into a period of volatility and industry change, and that digital maturity is at least one of the factors that will separate future winners from losers.

Technology 291

Technology Industry Marketing Digital Banking 291

PYMNTS

JANUARY 14, 2021

FinTech startup Marqeta has been tapped by Goldman Sachs to power digital checking accounts for Marcus. Marqeta said that Goldman Sachs “will leverage our modern card issuing platform” to introduce digital checking accounts to Marcus customers, according to a Marqeta blog post on Thursday (Jan.

Cards 207

Cards Tools Fintech US 207

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. Digital Banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Chris Skinner

JULY 26, 2017

And for an industry that impacts each and every one of our lives in such an important way, it’s worth understanding how this shift is changing banking as we know it — and the future of banking overall. On the emergence of FinTech “We can’t have an Internet of Things without some form of the underlying Internet of value exchange.

Analytics 283

Analytics Fintech Industry Digital Banking 283

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? banks collected $15.47

Fintech 52

Fintech Millennials Lending Tools 52

Chris Skinner

JUNE 11, 2017

This week’s main blog headlines are … Digital banks are Copernicus banks (incumbents are with the Flat Earth society) Twenty years ago, I was working on re-engineering projects.

Google 178

Google Meeting Innovation Maine 178

Chris Skinner

SEPTEMBER 28, 2016

I find it a little amusing to see the noise being made by banks about FinTech. There are a few exceptions, but the majority seem to be tackling FinTech as more of a marketing requirement than an active cultural … The post As traders leave, the developers arrive appeared first on Chris Skinner's blog.

Fintech 150

Fintech Marketing Digital Banking Technology 150

Chris Skinner

DECEMBER 8, 2019

Building on my blog post last week, showing the views of 1997, it was clear years ago that banking was under siege. Tesco thought that most banks were “a bunch of clowns”, but never cracked the market and still have not. appeared first on Chris Skinner's blog. However, that siege never happened.

Marketing 251

Marketing Digital Banking Fintech 251

Accenture

JUNE 17, 2019

To optimize and simplify their operations for agility to capture opportunities driven by market change. Collectively, Open Banking technologies, data-access methods and development methods allow simpler transformation of bank operations where modern systems can be built and executed on top of legacy systems. Read the report.

Customer Experience 153

Customer Experience Operations System Software 153

Chris Skinner

SEPTEMBER 17, 2018

The report is focused upon how blockchain is changing the financial services markets around the world, with the aim of establishing the position of major financial institutions with regards to cryptocurrencies and the use of blockchain … The post A third of banks expect to hold cryptocurrencies on their balance sheets appeared first on Chris (..)

cryptocurrency 303

cryptocurrency blockchain Report Marketing 303

Chris Skinner

MARCH 27, 2018

I was quite taken by a headline in yesterday’s news where Marcus Schenck, Deutsche Bank’s Co-Head of Corporate and Investment Banking, forecast that deposit accounts might disappear in the not too distant future. appeared first on Chris Skinner's blog.

Capital 312

Capital Marketing Digital Banking Innovation 312

PYMNTS

JUNE 4, 2019

Tink , the Swedish company that enables FinTechs to access customers’ financial data, has received an $11.2 Reuters , citing the companies, reported proceeds from the investment will be used for Tink to expand its team, develop new products and connect more banks. Tink isn’t the only one eyeing the European market.

NV 128

NV Fintech Data Capital 128

PYMNTS

JANUARY 15, 2021

But it was an embedded finance FinTech that took home more than half of the funding announced. Reports in e27 said MAA Group provided the investment, which microLEAP plans to use for marketing, new staff hires and technological enhancements. B2B payments FinTech Qolo has announced a $3.8 In total, Qolo has now raised $6.8

Capital 167

Capital Fintech Operations Technology 167

Chris Skinner

SEPTEMBER 15, 2016

Market stall holders gather to meet with prospective clients, and the digital version of the marketplace is the focal point for many FinTech … The post The Banking Bazaar and the Bizarre Banker appeared first on Chris Skinner's blog. A marketplace is the bazaar.

Lending 150

Lending Meeting Fintech Marketing 150

PYMNTS

FEBRUARY 8, 2019

FinTech that has been growing at a rapid pace, was forced to acknowledge it made up stats for a recent advertising campaign. However, Revolut didn’t really know that because — like the other banks and FinTechs in the U.K. — However, Revolut didn’t really know that because — like the other banks and FinTechs in the U.K. —

Fintech 140

Fintech Data Digital Banking Regulation 140

Lars Markull

JUNE 6, 2020

However, IBANs were an important step not just to reduce the errors in transfer but were also the ground work to speed up international transfers: Online bank transfers within SEPA have to arrive at the recipients bank account within one bank working day. Fintech challenges with IBAN.

Fintech 90

Fintech US Regulation Examples 90

Chris Skinner

MAY 24, 2017

Banks must ensure that they simulate their financial innovations properly in the future if we are to avoid another meltdown.BANK: Fintech startups and technology firms are introducing new banking innovations regularly – from mobile payments to app-only virtual banks.

Innovation 260

Innovation Fintech Regulation Course 260

CFPB Monitor

NOVEMBER 7, 2022

Over the past few months, Mr. Hsu frequently has shared concerns about the need for the OCC to develop in-depth understanding of the technologies banks are adopting, including in the context of bank-fintech partnerships and bank involvement with cryptocurrency products.

Financial Technology 78

Financial Technology Technology Fintech Innovation 78

Chris Skinner

JULY 7, 2017

Building on yesterday’s blog, Money2020 has an official Money Magazine to go with the European show, produced by Norfico. Anywho, for blog purposes, I thought I would record the final interview notes and share for those interested. Sørensen Chris Skinner needs no introduction in the fintech and banking space.

America 223

America Maine Trends Innovation 223

PYMNTS

MAY 29, 2019

Plaid, the FinTech that enables apps to access consumers’ financial information, announced it is entering the European market, starting with the U.K. In a blog post , Plaid said it chose the U.K. as its first foray in Europe because it has a thriving FinTech market and is among the fastest-growing sectors.

Fintech 115

Fintech Marketing Strategies Policies Strategy 115

PYMNTS

OCTOBER 17, 2019

Lemon Way’s target market is booming: B2C, B2B and financial online marketplaces are emerging all over Europe and are expected to continue their strong growth trajectory,” added George Koulouris, partner at Toscafund. In July , Toscafund helped fund Atom , a banking startup in the U.K. that caters to millennials.

Fintech 100

Fintech Capital Millennials US 100

Chris Skinner

MARCH 28, 2018

I was reading about banks being average to poor at marketing, and wondered about it. Banks’ advertising generally is about either being cool or in love with you. Here are a few examples from British banks. appeared first on Chris Skinner's blog.

Examples 234

Examples Marketing Case Study Study 234

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. Previously, when the bank called customers the average response rate was 25 percent.

Fraud 52

Fraud Technology social media Innovation 52

PYMNTS

DECEMBER 16, 2018

Robinhood , the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from that, removing any mention of checking and savings from the product. However, we realize the announcement may have caused some confusion.”

FDIC 191

FDIC Fintech Regulation Report 191