Chris Skinner

OCTOBER 4, 2017

I get lots of input from many sources, and one of the ones I like is the innovation survey of banking produced annually by EFMA with Accenture.

Trends 305

Trends Innovation Retail Survey 305

Chris Skinner

APRIL 6, 2017

I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive. They were referring to Clayton Christensen’s innovator’s dilemma discussions, where Professor Christensen points to different markets that were destroyed by disruptors.

Innovation 271

Innovation Marketing Industry Regulation 271

Bank Innovation

DECEMBER 6, 2016

Fiserv, a leading banking technology company, has signed on as the headline Diamond sponsor of Bank Innovation 2017. Bank Innovation 2017 is this blog’s annual gathering on ideas and opportunities in fintech.

Innovation 150

Innovation Fintech Technology Company 150

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. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.

Fintech 361

Fintech System Apple Technology 361

Chris Skinner

MARCH 23, 2017

They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. Could you please tell us a bit about banking sector in Turkey?

Innovation 196

Innovation Cards Trends System 196

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

Abrigo

APRIL 19, 2016

The Office of the Comptroller of Currency, recognizing the sweeping changes in technology and business practices that are affecting financial institutions, is recommending U.S. banks incorporate “responsible innovation” as they adapt quickly to these advances, but what exactly does that mean? Support responsible innovation.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

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

PYMNTS

MAY 22, 2019

A new service launched Wednesday (May 22) called Plaid Direct enables “two-way connectivity across the financial ecosystem and makes it easier for consumers to move money between their accounts — whether it’s in a neobank, FinTech, or big box bank account,” according to a statement from Plaid.

Innovation 190

Innovation Fintech Strategy Data 190

Chris Skinner

AUGUST 24, 2017

For the second time in the last decade, I have been invited as a Contributing Subject Matter Expert to join in research by the World Economic Forum about how technology is changing banking. Therefore, I take the content … The post FinTech hasn’t changed much … yet appeared first on Chris Skinner's blog.

Fintech 210

Fintech Technology Innovation 210

Chris Skinner

JULY 19, 2017

I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world. Using the application simplifies trade finance for SMEs as the DTC links all parties – buyer, seller and the … The post Five financial innovations you may have missed appeared first on Chris Skinner's blog.

Innovation 298

Innovation Capital Conference Customer Experience 298

Chris Skinner

JANUARY 30, 2018

I was recently recorded on Roger Edwards’ podcast talking about FinTech, cryptocurrency and corporate change. You can checkout his website here, and here’s the low-down of our chat: On the show this week, I … The post FinTech, cryptocurrency and corporate change appeared first on Chris Skinner's blog.

cryptocurrency 213

cryptocurrency Fintech Industry Marketing 213

Insights on Business

JANUARY 25, 2019

It is that time of year when we do an annual review of the blogs our readers viewed the most on our Insights on Banking blog. Looking at the top five blog entries of 2018, we see that using technology to meet the ever-increasing scale and rate of regulatory change is top of mind for financial service organizations.

Marketing 79

Marketing blockchain Compliance Innovation 79

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. “Our members tell us Brexit has had a chilling effect on investment,” Innovate Finance chief executive Lawrence Wintermeyer told the BBC. . Flight to safety?

Fintech 150

Fintech Capital Innovation US 150

Chris Skinner

FEBRUARY 11, 2019

Last week we had our first meetings of Nordic Finance Innovation, the largest networking group in the Nordic region for people involved in finance and technology which I happen to chair. It was an interesting meet-up … The post AI, machine learning, data and Nordic banks appeared first on Chris Skinner's blog.

Data 404

Data Meeting Regional Analytics 404

PYMNTS

NOVEMBER 4, 2020

Spend management FinTech Pleo has rolled out a new platform for users' mobile devices aimed at consolidating data from spend on Pleo credit cards. Commercial payments technology firm FLEETCOR is reportedly looking to continue its merger and acquisition spree, reinvigorated by the pandemic that has accelerated the digitization of B2B payments.

Cards 162

Cards Innovation Management ATM 162

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost.

Data 161

Data Fintech Cards Software 161

Chris Skinner

SEPTEMBER 21, 2016

During recent months, I’ve enjoyed a real ding-dong of conversations between Europeans, Asians, Americans and Brits about FinTech and, to be more specific, RegTech. RegTech is a couple of years in catch-up with FinTech, and is all about how to use technologies to make regulations more efficient and effective.

Fintech 150

Fintech Regulation How To Technology 150

PYMNTS

OCTOBER 6, 2016

All of this has occurred as the company has continued to expand the pilot phase of its global payments innovation (gpi) initiative, thus far signing on dozens of major financial institutions to an effort aimed at streamlining cross-border payments. ” The FinTech boom is loud and growing louder. .

Innovation 188

Innovation Payments Fintech New York 188

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

Abrigo

JUNE 14, 2017

Many banks and credit unions have found a path to growth via partnerships with fintechs. Technology partners offer much more than just software to banks; a fintech partnership provides delivery channels, convenience, corporate governance , advisory services, and industry data.

Fintech 170

Fintech Software Lending Millennials 170

Chris Skinner

MARCH 1, 2017

I was reflecting on a friend of mine who runs a FinTech start-up. But it gives you an insight into how hard starting a new firm is, FinTech or Tech or any really. How many of those are there in FinTech? America is still big on FinTech. Asia is big on FinTech. Their company was on a funding round, and struggling.

Fintech 150

Fintech America Lending Community 150

Abrigo

OCTOBER 4, 2022

Takeaway 3 Innovation and continued digital transformation are necessary to pull ahead of your competition and take full advantage of rising rates. Additionally, technology has made it easier to move money than ever before. Lean on innovation. Use technology to get ahead of the pack. Text from a blog. 5 rate hikes.

Strategy 195

Strategy eBook Security Management 195

Chris Skinner

APRIL 21, 2017

I’ve blogged about how I see leadership in the developing (developed now) economies of China and India, and the new innovation models of emerging economies in Sub-Saharan Africa, but not quite in the way in which I see them now. For these reasons, I see the Fintech in China and India as demonstrating growth economies characteristics.

Fintech 268

Fintech America Leadership Innovation 268

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Over the past couple of. Read more.

Compliance 190

Compliance Innovation Fintech Technology 190

Chris Skinner

OCTOBER 19, 2017

I was at a large bank’s wealth management conference recently, where the CEO was being quizzed about various areas including a lot about technology and FinTech. In particular, … The post Why bankers only see horses and technologists are creating cars appeared first on Chris Skinner's blog.

Conference 372

Conference Fintech Management Technology 372

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

PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

Fintech 104

Fintech Regional Resources blockchain 104

Chris Skinner

MARCH 22, 2017

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system. Interestingly that third one claims that Jack Ma, some guy from China, coined the term first, ten months after my blog entry.

Company 350

Company Payments System Fintech 350

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. He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga.

Regulation 255

Regulation Capital Fintech Innovation 255

Accenture

JULY 15, 2020

Given the power of open data technologies and the speed at which fintech…. The post Five examples of open data as a force for good during COVID-19 appeared first on Accenture Banking Blog. Now I want to highlight some of the ways it has already been a force for good.

Examples 221

Examples Data Fintech US 221

Chris Skinner

AUGUST 18, 2017

I was talking with a few FinTech firms the other day. 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. appeared first on Chris Skinner's blog.

Fintech 309

Fintech Technology Digital Banking Innovation 309

Insights on Business

JUNE 18, 2019

In this series of blogs, we will focus on four transformative technologies with emerging risk applications that can help banks and financial institutions grow profitability and protect the enterprise. Each technology is at the start of an enormous adoption growth curve, and has been the subject of intense discussion.

Risk Management 185

Risk Management Technology Management Big Data 185

Chris Skinner

MAY 23, 2017

The first is the Innovate Finance research into Industry Sandboxes. Lawrence believes that industry-led regulatory Sandboxes will accelerate the development and implementation of Fintech by improving transparency and reducing risk. The post Money Sandboxes Research appeared first on Chris Skinner's blog.

Fintech 202

Fintech Innovation Compliance Industry 202

CFPB Monitor

JUNE 5, 2019

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). Arizona was the first state to create a fintech sandbox and we will soon be publishing a blog post about Utah’s new fintech sandbox.)

Wyoming 60

Wyoming Fintech Arizona Financial Technology 60

William Mills

MAY 17, 2018

The conference offered 24 breakout sessions, more than 100 speakers and the popular Innovation Alley, which showcased innovative fintech products and services from over 60 start-up companies, partners and exhibitors. and co-chair TAG Fintech ADVANCE Awards. and co-chair TAG Fintech ADVANCE Awards.

Georgia 40

Georgia Technology Fintech Atlanta 40

PYMNTS

NOVEMBER 15, 2019

It’s unclear how this focus on more mature tech startups will impact investment in the B2B FinTech market, but as the latest VC roundup below shows, late-stage funding does indeed seem to be a focal point, with Series C, D, and even H rounds. million in new funding, according to an announcement on the company blog. DadeSystems.

Fintech 101

Fintech Capital Software Management 101