Independent Banker

JANUARY 31, 2022

ICBA has a growing network of people and resources community banks can tap into as they continue their innovation journeys. The ThinkTECH Accelerator is one of several initiatives underway this year to foster community bank-enabled fintech partnerships. How do we attract new talent to further our innovation goals and objectives?

Community Bank 143

Community Bank Georgia Community Resources 143

Insights on Business

FEBRUARY 23, 2019

Three years ago, banks were looking at fintechs with a wary eye. Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators. Leaders who come together across business lines and IT functions to overcome the challenges presented by siloed, legacy technologies.

Innovation 125

Innovation New York City Training Case Study 125

PYMNTS

OCTOBER 25, 2019

New Zealand is a country that can be easy to overlook when it comes to FinTech. But the story of how payments are evolving there can offer lessons for the rest of the globe, along with glimpses of how the relevant technology might play out in the 2020s. Open Banking will create the infrastructure for innovation,” van Dam said.

Fintech 111

Fintech Case Study Maine Innovation 111

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The topics were perfect, and there were some great case studies, but the substance was standard, bordering on underwhelming.

Conference 221

Conference Las Vegas Fraud Case Study 221

Gonzobanker

FEBRUARY 26, 2019

Luckily for the banks, there are many more of the latter than the former.” – Bank Innovation. Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. So here’s the follow-the-money skinny on recent fintech deals—and what it says about what’s likely to come next. Money talks.

Fintech 104

Fintech Analytics Lending Case Study 104

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. The more I think about it, we have three major FinTech models, each with their own unique blend of thinking.

Fintech 268

Fintech America Leadership Innovation 268

Insights on Business

JULY 23, 2018

CxOs are somewhat divided about whether the innovation focus will be on new or established markets. Previously, they thought open innovation would predominate, but now a growing number of these executives anticipate more internal-driven innovation. Learn more about IBM Bank Banking & Financial Markets Technology here.

Innovation 96

Innovation Security Case Study Strategy 96

Chris Skinner

FEBRUARY 2, 2018

I’ve written a lot about Ant Financial – they’re a 30,000 word case study in my new book – mainly because they are the first payments platform to focus upon global reach for financial inclusion.

Case Study 196

Case Study Study Maine Payments 196

Chris Skinner

MARCH 30, 2016

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. Two are full banks with banking …

Innovation 150

Innovation Case Study Study Digital Banking 150

Fintech Labs Insights

MARCH 15, 2024

In the fintech space, only Fintech Meetup , launched in 2021, has reached critical mass this decade. Last week’s event in Las Vegas attracted a self-reported 4,000 attendees and was the talk of the fintech pods and Substacks the last few weeks. The pandemic slowed the introduction of new events.

Conference 15

Conference Las Vegas Fintech Case Study 15

Alex Jimenez

AUGUST 28, 2018

What is Fintech? Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report.

Fintech 40

Fintech Case Study Study Millennials 40

Chris Skinner

MAY 18, 2017

The first says: “It’s great working for a FinTech start-up as I get to travel the world. Banking and innovation doesn’t go together. Innovation creates risk and risk is unacceptable in a financial marketplace. The idea is to innovate outside the markets. Three people are chatting in a bar. Something like that anyway.

Innovation 261

Innovation Financial Technology Marketing Examples 261

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 party always ends, however, and governments have caught up to all that wild innovation. Now, they’re laying down the law.

Regulation 130

Regulation Case Study Fraud Study 130

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. TechFin is to rebuild the system with technology. What we want to do is to solve the problem of a lack of inclusiveness.” Whatever.

Company 350

Company Payments System Fintech 350

Filene

JANUARY 8, 2018

And what emerging technology is available to help credit unions better manage these responsibilities? This paper introduces the fintech category of regtech , and the role and promise it holds for credit unions. The author then presents a case study on how a number of different credit unions manage their regulatory responsibilities.

Innovation 47

Innovation Case Study Study Policies 47

Chris Skinner

MARCH 24, 2017

I recently was hauled up over saying that Western Union (WU) was being disrupted by FinTech. Equally, they point out that FinTech has yet to disrupt anything in the financial inclusion area. That’s why much media dislikes the WU model and hopes that FinTech firms like TransferWise and ABRA will disrupt that model.

Fintech 250

Fintech Bitcoin blockchain Mobile 250

Chris Skinner

MAY 30, 2017

Here is how he saw things … Fintech in Rwanda: the place where Telcos are surpassing Banks in the financial sector Telcos dominate in the financial sector of Rwanda Last week I participated in the leading fintech conference in Africa “Dot Finance”, which took place in Kigali, capital of Rwanda.

Mobile 334

Mobile ATM Fintech Conference 334

Chris Skinner

JUNE 8, 2017

I recently hosted Nick Ogden, the founder of WorldPay and serial entrepreneur, at our Nordic Finance Innovation meetings in Stockholm and Oslo. Nick is now launching the first new UK clearing bank for over 250 years called ClearBank.

Branding 206

Branding Meeting System Regulation 206

Tomorrow's Transactions

DECEMBER 3, 2014

What’s the big picture around banking, payments and innovation? Maybe the new paradigm will be the bank as facilitator of innovation rather than innovator. From Co-Dependence Between Banks and Their Technologists: Hampering Innovation — Payments Views from Glenbrook Partners ]. This set the dynamic for innovation.

Innovation 63

Innovation Case Study Payments Leadership 63

Chris Skinner

FEBRUARY 21, 2017

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. GoCardless was a business that helped other businesses collect money. What really stands Monzo apart?

Study 283

Study Training Fintech Digital Banking 283

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

Celent Banking

APRIL 18, 2016

Last week many of us at Celent were in New York attending our Innovation and Insight Day on April 13th. 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.

US 100

US Case Study Risk Management America 100

Celent Banking

MARCH 4, 2017

Process Automation – for the most effective deployment of technology to automate business processes or decision-making. A common theme across this year’s submissions for the above categories is the importance of agile technology, digital process automation, and consistent and focused practices across the organizations.

Risk Management 100

Risk Management Fraud Management Case Study 100

Chris Skinner

MARCH 14, 2017

Similarly, the high fees of Western Union and other remittance providers were fairly punishing … until FinTech came along. Interestingly, the most expensive choice would be a FinTech! Quite often, it wouldn’t arrive. Even if it did arrive, ti would often cost 25% or more. Now those costs are dropping rapidly.

Comparison 311

Comparison Fintech Conference Mobile 311

Chris Skinner

JULY 25, 2017

Housed at the World Bank, CGAP’s mission is to improve the lives of poor people by spurring innovations and advancing knowledge and solutions that promote responsible, sustainable, inclusive financial markets. Avoiding intermediaries to access this basic infrastructure brings operational savings, ultimately lowering costs.

ATM 274

ATM Bitcoin Retail blockchain 274

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

AUGUST 1, 2018

To achieve this, Techcombank needed to not only transform its IT infrastructure, but they needed the new infrastructure to change the mindset of their IT department, including how they thought about and worked with technology. This new technology also helped bring about a shift in the mindset of Techcombank’s IT department.

System 135

System Case Study Study Meeting 135

Chris Skinner

MARCH 2, 2017

The background to this was announced in a press release on 1st February 2017: Ripple’s Distributed Financial Technology fits within NBAD’s existing infrastructure and offers a secure end-to-end payment flow providing transaction immutability and payment integrity.

Payments 150

Payments System Financial Technology Innovation 150

Insights on Business

AUGUST 15, 2017

Today, the UBank team continues to challenge itself to think about what it can do next for its customers, but it’s not looking to drive innovation with more people. Without the shortcut of hiring more talent, the business has been challenged to become even more innovative and disruptive. A truly agile operating model.

Leadership 87

Leadership Case Study Innovation Online 87

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

Insights on Business

AUGUST 15, 2017

Today, the UBank team continues to challenge itself to think about what it can do next for its customers, but it’s not looking to drive innovation with more people. Without the shortcut of hiring more talent, the business has been challenged to become even more innovative and disruptive. A truly agile operating model.

Leadership 79

Leadership Case Study Innovation Online 79

Chris Skinner

SEPTEMBER 9, 2016

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. Building on yesterday’s blog (Do bank’s need a CIO?) , the key misunderstanding is the role.

Technology 150

Technology Case Study Study Digital Banking 150

Fintech Labs Insights

NOVEMBER 30, 2016

Like its predecessors, FinDEVr London 2017 will focus on the technology side of fintech. Presenting at FinDEVr is a great opportunity for companies seeking to reach a technical audience in the fintech and financial services industry to: Drive adoption of APIs/platforms/SDKs. Showcase new technology and the inspiration behind it.

Fintech 12

Fintech Case Study New York Leadership 12

Fintech Labs Insights

MAY 24, 2016

On October 18 & 19, our third annual West Coast event will showcase the latest in fintech tools, technologies, APIs, platforms, case studies, and tutorials. If you love the “tech” in fintech, FinDEVr is the place to be. Get your ticket now before you’re swept away by summer.

Fintech 15

Fintech UX Case Study Software 15

South State Correspondent

SEPTEMBER 20, 2022

Another popular tactic was that since many banks are ahead of budget this year due to the faster than anticipated rise in margins, many banks are increasing spend on technology and marketing in the back half of this year to set themselves up for success in 2023. More than 13 sessions were recorded and can still be purchased ( HERE ).

Conference 195

Conference Marketing social media Data 195

Chris Skinner

APRIL 3, 2018

I’m launching the new book Digital Human in New York on the evening of April 12. If you would like to get a signed copy of the book, just register here.

Digital Banking 418

Digital Banking New York Case Study Study 418

Fintech Labs Insights

FEBRUARY 16, 2016

Like its predecessors, FinDEVr New York will focus on the technology side of fintech. Through an exciting dual-track, TED-style format, presenting companies showcase their latest APIs/platforms/SDKs, case studies, and tutorials to an audience of developers, software architects, CTOs, VPs of Engineering, etc. Fidor Bank.

New York 12

New York Fintech San Francisco Case Study 12