Sun.Jul 16, 2017

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Things worth reading: 17th July 2017

Chris Skinner

Things we’re reading today include … Britons face lifetime of debt as Bank of England warns over 35 year mortgages Former Shawbrook finance chief Wood to aid Co-op Bank rescue plan ECB eyes review of Deutsche Bank shareholders: source Westerman in the frame to be next chief executive at HSBC Barclays criminal trial set for 2019 City envoy says France wants ‘disruptive’ Brexit Only a third of British businesses have made Brexit plans.

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Open APIs will sputter unless security and dependency are addressed

Payments Source

Open APIs can bring speed and flexibility to P-to-P payments, e-commerce and financial services. But there's also identity and performance risks that banks need to address, writes Rahul Singh, president of financial services at HCL Technologies.

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FinTech Week in Review: Everything is New Again – Mortgages, Payments, and Raising Money

Let's Talk Payments

It’s the dead of summer (or winter depending on where you are in the world) but it feels a bit like spring this week in FinTech. The opportunities in the.

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Connecting real-time payments to old-time technology

Payments Source

Seeing a need for virtual and legacy payments worlds to better connect, Push Payments and partner linked2pay developed a real-time payments system that can function as that connective tissue.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Smart Money VCs Bet On Drone Startups

CB Insights

Over the past few years, top-tier VCs have made a number of investments in the drone space, and deals to drone startups got off to a strong start in 2017. Smart money VCs have participated in 5 drone deals so far this year: General Catalyst participated in a $26M Series B to Airmap , New Enterprise Associates backed Echodyne in a $29M Series B, Social Capital joined a $1.5M seed round to Iris Automation , Swift Navigation closed a $34M Series B from First Round Capital and NEA, among others,

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

Over the past five years, a host of different P&C insurers both in the US and abroad have launched corporate venture units or made direct investments across the startup landscape. This analysis looks at the strategic investment trends of 12 P&C insurers listed below. The 12 firms, which include Ping An Insurance, Hiscox Holdings, and XL Group, among others, have made over 100 investments in aggregate since the start of 2015.

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Banking Customers Prefer Digital Capabilities Over Branch Proximity

The Financial Brand

A strong digital banking offering is more important than a close branch for most consumers, resulting in a redefinition of 'convenience'.

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Step On the Gas: 50+ Companies Working In Trucking Tech

CB Insights

Amid the influx of capital to both auto tech and supply chain & logistics tech , it’s no surprise that trucking tech startups — which sit at the juncture of these two trends — are drawing investor interest. We used the CB Insights database to create a market map of private technology companies in the trucking space. We broadly define trucking tech startups as companies developing technology-enabled services and products focused on freight trucking (such as trucking-oriented marketpl

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6 Critical Trends Redefining Marketing in a Digital-First World

The Financial Brand

Leading organizations today are aligning marketing around a customer journey strategy, leveraging data analytics, and embracing AI.

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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202