Banking

SuperCharger

Pioneering Asian Fintech Growth with SuperCharger Accelerator

I recently had a chance to catch up with Renu Bhatia, Co-Founder and Managing Director of SuperCharger, a dedicated Fintech accelerator in Hong Kong. Pioneering the Fintech Pivot to Asia with SuperCharger [Kevin Moseri] How has the Fintech space in Hong Kong grown so quickly? [Renu Bhatia] About 18 months to 2 years ago, there wasn’t a whole lot happening… Read more →

PSD2

PSD2: Focusing on Action with Open APIs

Introduction: Preparing for the Bank of the Future with PSD2 For the last two years, many industry commentators and analysts have been warning that banks are facing a huge disruptive force as new fintech startups emerge to offer a similar group of services to some of the more traditional banking operations. Now, across Europe, the Second Payments Services Directive (PSD2)… Read more →

call to action

Fintech: Call To Action On Financial Inclusion

PayPal and Village Capital have decided to answer the call to action on financial inclusion. In December 2015 I commented on the number one factor that would end up helping financial inclusion in 2016. Call to action for social impact entrepreneurs Yesterday PayPal and Village Capital announced that they would build a supportive ecosystem for Fintech social impact entrepreneurs, which… Read more →

Financial inclusion

#1 factor that will help financial inclusion in 2016

I was just reading a fantastic article by John Boitnott, 8 Ways Financial Technology Will Evolve in 2016 (well, I had to go easy on the Christmas turkey helpings and find something interesting to concentrate on!) and one thing that I agree with is the concept of educating consumers into making smarter decisions. The consequence of this education is the… Read more →

Project

Open Bank Project API: From an idea to … the coming new banking reality!

If you haven’t heard about the Open Bank Project (OBP), then you haven’t been paying attention to the open bank API standard discussion that’s center stage in the UK or the with the PSD2. The UK government is already setting out plans to go further through an open API standard in UK banking. The whole point of the standardization is… Read more →

Ecosystem

Open Bank API Ecosystem As A Firewall Against Fintechs

The UK government is currently working with banks and Fintech firms to have a detailed framework set out for an open API standard ecosystem by the end 2015, in a move it claims will empower consumers and boost competition. (Download a PDF copy of the UK Government report here) The standardization that ensues is envisioned to allow the development of… Read more →

Secco

So, banking apps are on their way to being redundant after all?

  Chris Gledhall and Secco (bank) are on a mission. I have to admit the whole premise of doing away with banks and banking apps is ingenious! Since the advent of social media channels, banks have always had a weakness ready to be exploited. It certainly could be attributed to rigidity and an inherent unwillingness to adapt to new realities.… Read more →