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.
Independent Banker
JANUARY 31, 2023
Photo by Rido/Adobe Maximizing each step in the innovation journey, including the fintech evaluation process, will set you on the right path to a fruitful fintech partnership. By Charles Potts, ICBA When it comes to innovation, understanding how we do it may be even more important than why.
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Bank Innovation
JUNE 20, 2016
Banks spend a great deal of time, money, and energy building technology to compete with fintech companies, but the CEO of innovation software maker Spigit has a message: Don’t bother. “You’re too late,” Spigit CEO Scott Raskin told Bank Innovation, referring to the banks.”By Why is that?
PYMNTS
APRIL 16, 2019
Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. The Fed And FinTech Firms. The banks have also agreed to share data on emerging markets.
Bank Innovation
NOVEMBER 3, 2017
The biggest threat for the banking sector is not fintechs. The report refers to these companies as “platform companies” and calls them the “new heavyweight competitor(s) in town,” for the banking sector. No, according to a recent report by McKinsey, that would be non-banking companies such as Amazon and Alibaba.
PYMNTS
OCTOBER 16, 2018
In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.
PYMNTS
FEBRUARY 21, 2019
And sometimes, terms get thrown about interchangeably — when, really, they refer to very different things. Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A The Promise of FinTech. New Delivery, Not New Products.
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