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Why FinTech start-ups think they can beat the banks

Chris Skinner

The problem is that old systems and legacy technologies stop the bank moving forward into the nimble and agile future on offer today, and this is exactly what FinTech start-ups believe they can exploit as it is clearly a weakness for the large banks. Some call them legacy, others call them handcuffs, but whatever they are is a problem.

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Aussie FinTech Douugh Introduces ‘Savings Jar’ With Mastercard Debit

PYMNTS

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. Accelerate 2.0

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Philippines Payments Platform Closes $120M Investment Deal

PYMNTS

Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement from Voyager. Voyager Innovations runs the payments platform PayMaya Philippines. The FinTech firm is taking meetings with new strategic and financial partners.

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The legacy clock is ticking

Chris Skinner

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.

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Chartis RiskTech100 Awards Rank FICO #1 in Innovation and #1 in AI Solutions

FICO

Every year, the financial technology industry eagerly awaits the Chartis Research RiskTech100. This prestigious ranking of the top 100 players in risk technology is determined by Chartis Research , the leading provider of research and analysis on the global market for risk and finance technology. What an honor!

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The BaaS Gold Rush is On

Gonzobanker

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. BaaS is an opportunity to replace dissipating revenue streams – but it can come at a cost.

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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

11:FS CEO David Brear talks to him about why ‘Monzonauts’ are so crazy devoted to the brand. [You And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. I think the word FinTech wasn’t yet around.

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