Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 2 When evaluating a fintech partnership, ask how the vendor will help with integration, training, and ongoing success.

Fintech 195

Fintech How To Innovation System 195

Chris Skinner

FEBRUARY 13, 2020

A decade ago, we talked about the financial crisis, technology, regulations and compliance.

Technology 501

Technology Compliance Regulation Digital Banking 501

Accenture

JUNE 24, 2020

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. The question….

Technology 291

Technology Industry Marketing Digital Banking 291

Chris Skinner

FEBRUARY 21, 2019

Another interesting nuance of the FinTech Bank is the integration of business and technology. I’ve referenced this a few times, but wanted to be explicit that these banks think technology is business and business is technology.

Technology 157

Technology Compliance Fintech Digital Banking 157

Chris Skinner

OCTOBER 21, 2018

Someone told me I should start a travel blog, as I fly more than most pigeons do. But I’m not sure my travel blog would be read so much. Some countries are still reliant on cash whilst others are … The post Is the world being democratised through technology? appeared first on Chris Skinner's blog.

Technology 311

Technology Digital Banking Fintech 311

Chris Skinner

NOVEMBER 8, 2017

The … The post Throwing technology over the wall appeared first on Chris Skinner's blog. Old cars were made of metal and welded together into a solid machine where, if any part breaks, you have to replace the whole machine.

Technology 250

Technology Digital Banking Innovation Fintech 250

Chris Skinner

MARCH 28, 2019

I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. Today, I hardly blog about it at all.

blockchain 419

blockchain Fintech Technology Digital Banking 419

Chris Skinner

JULY 21, 2017

They want to get to the nirvana of new technologies, but are stuck in a spaghetti of old systems. What we are seeing is many new companies launching capabilities built upon the latest internet-enabled technologies. It is almost like banking in an apps store.

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Fintech System Apple Technology 361

Chris Skinner

MARCH 5, 2019

I’ve talked a little about TechFin in the past but, in my presentations, I talk more and more about TechFin versus FinTech. FinTech is doing what we’ve always done, cheaper and faster and better with technology. TechFin is reimagining everything with no idea of what’s been before with technology.

Fintech 391

Fintech Technology Digital Banking 391

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

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Fintech Lending Community Payments 197

CFPB Monitor

NOVEMBER 7, 2022

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

Financial Technology 78

Financial Technology Technology Fintech Innovation 78

Chris Skinner

JULY 11, 2017

After the global financial crisis, they all jumped off it again, and most global, universal banks ambitions are now clipped back to purely being able to support their global corporate clients’ needs. But I was equally struck by a banker who laughs at the idea of a global currency that circumvents banks. They are also succeeding.

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Fintech Bitcoin Regulation Analytics 327

Chris Skinner

FEBRUARY 19, 2019

That realisation is a simple but important one, and it is this: dealing with technology is very different to dealing with money; furthermore, dealing with money through technology is very different to dealing with technology through … The post Are you in banking or technology?

Technology 150

Technology Digital Banking Fintech 150

FICO

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! Be fascinated by your customers, not your technology. Digital Lift-and-Shift Is Not a Digital Banking Strategy. Respect the data.

Digital Banking 98

Digital Banking Customer Experience eBook UX 98

Chris Skinner

OCTOBER 12, 2017

All well and good, you would think, but several surveys point to it not being … The post Don’t be so blasé about people loving FinTech appeared first on Chris Skinner's blog. The push is for data sharing with trusted third parties with user consent.

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Fintech Survey Regulation Data 258

Chris Skinner

JUNE 4, 2019

I had an interesting discussion about hiring technology people into banks the other day. You could join a hot FinTech unicorn like Monzo, SoFi, Stripe, Ant Financial, Ping … The post The war for (banking tech) talent appeared first on Chris Skinner's blog.

Fintech 407

Fintech Technology Digital Banking 407

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

Chris Skinner

JUNE 9, 2017

I could go on, but there are very strong reasons for reimagining the bank through a digital transformation project right now, one of which is that the 1000s of start-ups who are focused on doing just one thing really well through an API are companies they could partner with.

Digital Banking 277

Digital Banking Software System Technology 277

Chris Skinner

JUNE 30, 2016

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

Fintech 292

Fintech Maine Strategy Groups 292

Insights on Business

APRIL 28, 2017

Traditionally, banking was a conservative industry with relatively high barriers to entry. Banking products and services were defined and controlled by the bank. At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry.

Digital Banking 171

Digital Banking User Experience Branding social media 171

Chris Skinner

OCTOBER 10, 2016

I was thinking about not sharing this info but hey, as you are good enough to read my blog … here’s the bottom-line on digital disruption (ed: oh no, Chris said the D-word!). There’s a slide that’s been doing the circuit for a while.

Digital Banking 150

Digital Banking Technology Fintech 150

Chris Skinner

MARCH 13, 2019

The first is the FinTech camp. This camp sit around the campfire and go “down with banks, down with banks”. They believe banks are out-dated legacy firms who have no idea about the modern age of technology. They believe banks are money-grabbing Shylocks, purely … The post Which camp are you in?

Fintech 339

Fintech Technology Digital Banking 339

Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security.

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Fintech blockchain Fraud United States 129

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. Currently, Dock has 250 clients that use FICO technologies to fight fraud.

Fraud 52

Fraud Technology social media Innovation 52

Chris Skinner

AUGUST 18, 2017

I was talking with a few FinTech firms the other day. They are all fully licensed banks, and are less than 15 years old. What I mean by this is that they talk about technology in a very different way … The post How often does your bank refresh its apps and architecture? appeared first on Chris Skinner's blog.

Fintech 309

Fintech Technology Digital Banking Innovation 309

Chris Skinner

APRIL 8, 2019

During the weekend I presented the trends on FinTech and Tech Fin, my two favourite subjects. The … The post The challenge of transforming into “Banks of the Future” (research) appeared first on Chris Skinner's blog.

Conference 368

Conference Study Trends Fintech 368

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

Abrigo

JANUARY 25, 2022

Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . Takeaway 1 Financial institution executives seek additional advances in digitalization that have helped them through the pandemic. .

Management 195

Management Software Survey Fintech 195

William Mills

SEPTEMBER 25, 2018

And of course, SMB lending has been a huge focus for fintech. This is a digital bank based in Russia and today they are demoing their mobile banking offering. William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018. Tweet #Finovate.

Mobile 78

Mobile Customer Experience Lending Analytics 78

Chris Skinner

DECEMBER 11, 2017

Despite there being many capable women in banking, finance and technology, it is surprising how few are at the top of the companies I talk about. Most FinTech start-ups I refer to are run by young men, whilst most banks are run by old men. appeared first on Chris Skinner's blog. Where are all the women?

Fintech 258

Fintech Technology Company Digital Banking 258

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.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Chris Skinner

JUNE 20, 2017

Anyways, one little moment stood out enough for me to blog about, and it was the presentation from Capco’s FinTech lead Jeff Tijssen. Jeff threw some slides up, including some that were attributed to me (which helps when you want some blog coverage!), I liked his slides too, so asked Jeff if he could ping them over to me.

Innovation 407

Innovation Conference Regulation Fintech 407

FICO

MARCH 1, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes. Digital lift-and-shift is not a strategy! Be fascinated by your customers, not your technology. Respect the data.

Digital Banking 52

Digital Banking Data Customer Experience eBook 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.

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Fintech Apple National Mobile 129

Chris Skinner

APRIL 15, 2019

I picked up an interesting article from Reuters, about how Asian technology firms are moving into banking in a different way to Europe or America.

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America Google Technology Digital Banking 419

Chris Skinner

OCTOBER 30, 2018

I got this headline today: Most banks will be made irrelevant by 2030 – Gartner Within 12 years time, 80% of financial firms will either go out of business or be rendered irrelevant by new competition, changing customer behaviour and advancements in technology, according to forecasts by Gartner.

Technology 412

Technology Digital Banking Fintech 412

Chris Skinner

MAY 25, 2016

I’ve been presenting a summary of Digital Bank and ValueWeb for a few months now. It is the story of the origins of moneykind and, as many have now heard the story, I thought it’s about time to share this on the blog. If you have half an hour free, then you can watch the presentation.

Digital Banking 279

Digital Banking blockchain Innovation Technology 279