PYMNTS

FEBRUARY 26, 2020

Back then, FinTechs asked for forgiveness instead of permission, rushing headlong into markets, disrupting them and operating in newly invented spheres of finance that regulators barely understood. The debate around data privacy is getting a new boost as discussions of open banking get real. Now, they’re laying down the law.

Regulation 130

Regulation Case Study Fraud Study 130

Celent Banking

APRIL 18, 2016

In addition, the program includes keynote speeches from industry leaders and Celent analysts, plenty of opportunities to network with peers, and even to experience some of the latest technologies first hand, courtesy of our sponsors. Celent Model Bank 2016 winners are: Model Bank 2016 Categories. Digital Banking Transformation.

US 100

US Case Study Risk Management America 100

Chris Skinner

JUNE 8, 2017

As Nick pointed out, historically clearing payments through BACS, CHAPS and the other national networks were controlled by a range of banks but, through consolidation, mergers and acquisitions, we have ended up in a position where only the Big 4 banks offer clearing services.

Branding 206

Branding Meeting System Regulation 206

Chris Skinner

JUNE 19, 2017

And Derek made clear that “these core capabilities need to be inside the organisation at the C-Suite level”, something I regularly underline on this blog.

Big Data 270

Big Data Mobile Customer Experience Analytics 270

Fintech Labs Insights

OCTOBER 2, 2020

From the outside anyway, Envel looks to be a case study in leveraging partners’ technology to stitch together world-class features without building in house. They have said they are working with BaaS provider Cambr and Q2 for digital banking technology. The company has publically announced $2.7M

Fintech 15

Fintech Kansas City Boston UX 15

Chris Skinner

SEPTEMBER 9, 2016

Building on yesterday’s blog (Do bank’s need a CIO?) , the key misunderstanding is the role. Most banks thing the CIO is there to run the technology. First and foremost, the person leading technology developments in any incumbent bank of … The post The developer-driven bank appeared first on Chris Skinner's blog.

Technology 150

Technology Case Study Study Digital Banking 150

Chris Skinner

MARCH 30, 2017

Just a few weeks ago, I was in Bahrain, talking at a conference about FinTech as usual. What struck me is the interest and excitement about FinTech in both countries. I’ve just returned from the United Arab Emirates (UAE) where there were a number of events.

Regional 150

Regional Fintech Conference Maine 150

Insights on Business

SEPTEMBER 13, 2018

From pipes to platforms, banks need to be redesigned as a set of business components in support of marketplace and digital banking. Instead, banks need to adopt a flexible, platform model where banks provide an “open banking” approach that aligns with a customer’s journey rather than just at a moment in time.

Operations 184

Operations Case Study Customer Experience Analytics 184

Chris Skinner

FEBRUARY 22, 2017

The industries targeted to use those technologies were those that had high frequency of contact with the customer – banks, retailers, telco’s – and the whole idea was to get an in-depth analysis of the customer data to cross-sell and leverage knowledge of their needs and habits.

America 262

America Data Analysis Course 262

Chris Skinner

JULY 19, 2017

Robot “Pepper” from Mizuho Bank Early last year, IBM researchers developed new technologies for Mizuho Bank’s Robotics platform, tapping into Watson’s natural language and other cognitive capabilities to facilitate smoother human-to-robot interaction and to enable collaboration between two or more robots.

Innovation 298

Innovation Capital Conference Customer Experience 298

Insights on Business

AUGUST 15, 2017

In the world of digital banking, bigger isn’t always necessarily better. Australian digital-only bank UBank is aiming to disrupt the banking industry to deliver a simpler, better, smarter customer experience. Read the case study or check out the press release for more details about RoboChat.

Leadership 87

Leadership Case Study Innovation Online 87

Insights on Business

AUGUST 15, 2017

In the world of digital banking, bigger isn’t always necessarily better. Australian digital-only bank UBank is aiming to disrupt the banking industry to deliver a simpler, better, smarter customer experience. Read the case study or check out the press release for more details about RoboChat.

Leadership 79

Leadership Case Study Innovation Online 79

Chris Skinner

SEPTEMBER 10, 2018

I enjoyed the LendIt conference in Shanghai, and wrote a few notes. In particular, I enjoyed hearing the story of XWBank as told by Jiang Hai, the Vice Chairman. His presentation was in Chinese but, from the simultaneous translation and slides, I picked up some interesting stats.

Conference 292

Conference Case Study Study Digital Banking 292

Chris Skinner

AUGUST 25, 2017

What will happen when Amazon opens a bank. … The post Is Amazon About to Burst Banks? I get press releases all the time and generally ignore them. In fact, I don’t know why they email me, as I never post them on the blog. I just got one that I’m posting on the blog. Floodgates opening.

Case Study 340

Case Study Study Digital Banking Technology 340

Chris Skinner

SEPTEMBER 11, 2017

I’m making a presentation on cybersecurity this week at our Nordic Finance Innovation meetings. This meant preparing a few new slides from scratch as I don’t have a set deck for cybercrime, and sat and started ideas just as the news dropped about the Equifax breach.

Meeting 295

Meeting Innovation Case Study Study 295

Chris Skinner

FEBRUARY 6, 2018

I spotted two stories about BBVA that appeared yesterday. The first was in the Financial Times with BBVA Chairman Francisco Gonzalez asking the G20 to take action against the big internet firms, saying “authorities [need] to bring order to this massive change” that could “pose risks to financial stability”.

Case Study 232

Case Study Study Digital Banking Innovation 232

Chris Skinner

OCTOBER 19, 2016

My presentations change every day, but I got a great new slide to illustrate the burning platform that banks sit upon. But there is a burning platform in all banks, and it’s … The post Banks’ burning platform is obvious appeared first on Chris Skinner's blog.

Case Study 150

Case Study Study Digital Banking Innovation 150

Chris Skinner

MAY 11, 2016

A core part of this is focused upon building a cheap shared ledger structure for digital identity and digital currencies and guess what? ValueWeb makes the contention that you cannot have an internet of things without a real-time and cheap internet of value.

blockchain 150

blockchain Case Study Study Digital Banking 150

Chris Skinner

MARCH 30, 2016

Two are full banks with banking … There are a number of hotbeds for innovation in finance – London, Singapore, Tel Aviv, Silicon Valley – may all spring to mind to begin with … but what about Berlin and Munich? Yes, Berlin is showing some interesting true colours with three standout start-ups: Fidor, NUMBER26 and solaris.

Innovation 150

Innovation Case Study Study Digital Banking 150

Lex Sokolin

MAY 25, 2020

There are, all of a sudden, a lot of deals being done across financial technology. Let’s use Goldman Sachs as our case study and our frame of mind. Because apparently, Goldman Sachs is considering buying up Wells Fargo, PNC, or US Bancorp to accelerate its transformation into a consumer banking brand. But I digress.

Strategy 52

Strategy Fintech Capital Case Study 52

Celent Banking

MAY 20, 2016

Celent profiles two award-winning banks who have modelled excellence in their use of risk management technologies across their banks. Left to right, Martin Pilecky, CIO Alfa-Bank; Gary McAlum, SVP Enterprise Security Group USAA; Joan McGowan, Senior Analyst Celent). They demonstrated: Degree of innovation.

Security 113

Security Fraud Case Study Risk Management 113

Celent Banking

JANUARY 23, 2017

Over its ten years of existence, Celent’s Model Bank programme has always changed and evolved. In the last few years we have been awarding multiple initiatives in a small number of categories – for example, last year we had four winners in Digital Banking Transformation, the busiest of seven categories.

Risk Management 100

Risk Management Innovation Case Study Boston 100

Chris Skinner

JULY 14, 2017

It is a laudable ambition and, building upon my blog earlier this week about global FinTech specialist players partnering, Ant Financial is already a long way down that route. Well, the overall focus is upon inclusivity and to bring the 4.5

Analysis 258

Analysis Innovation Fintech Mobile 258

Fintech Labs Insights

AUGUST 16, 2016

Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, case studies, and tutorials at FinDEVr Silicon Valley 2016. Financial Apps uses an API-led development platform that helps fintech companies achieve rapid scale.

Analytics 12

Analytics Data Fintech Case Study 12

Chris Skinner

MARCH 17, 2017

On Wednesday the American Office of the Comptroller of the Currency (OCC)* followed up on its promise last December to introduce a national bank charter for Fintech bank startups by issuing a white paper on how to apply for a licence, the evaluation process and what will be involved.

Apple 307

Apple Innovation Fintech United States 307

Chris Skinner

JULY 27, 2017

I was struck by some commentary with John Cryan, the CEO of Deutsche Bank, over on Bloomberg. The article is talking about the wild ride he has had since taking over the helm of the bank which had formerly been run by two CEOs (Juergen Fitschen and Anshu Jain).

System 284

System Taxes Analysis Case Study 284