Tag Archive for Fintech

Travel Startup concepts

How do these 5 Travel Startup Concepts Compare?

The following 5 travel startup concepts have come from being relatively low-profile startups to FinTechs that have survived a heavily saturated sector. A lot of travel startups launched during the past few years no longer exist due to a lack of funding or due to lack of user engagement.   The above 5 travel startup concepts can be successful in… Read more →

Creating value

Creating value in auto finance with vLendRight

Creating value in auto finance is now at the forefront of innovation. vLendRight is partnering up with banks to streamline the customer journey and help financial institutions gain market share in auto finance. “Our belief is that automotive financial institutions ought to look beyond the traditional direct and indirect delivery mechanism and strive to make experiences better for their customers… 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 →

'Fintegration'

The holy grail for banks is to become the best at ‘fintegration’

  Within Fintech, there has never been a shortage of new terminologies. 2015 saw Fintech (and it’s relationship to banks) explained and re-explained from different angles. However, there are a few broad categories that encompass Fintech: Fintech and regulation in 2015 The excitement surrounding Fintech was slightly hampered when regulation such as the PSD2 in Europe took center stage. Regulation… Read more →

Fintech

Fintech and (unregulated) Shadow Banking 2.0

While collaboration is the near-term future of Fintech, should Fintechs be erring on the side of caution? Let’s take a trip down memory lane. Unlike other industries, banking as we know it has always been underpinned by a unique regulatory framework. . Post 2008, the “carrot” has come in the form of increased liquidity and solvency guarantees to banks. The… 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 →

Robo Advisor

Why I see a bright future in “Robo+Advisor” (and not in the pure-play Robo-Advisor)

Interview with Spiros Margaris by Kevin Moseri. Last week, I had an insightful interview about the future of robo-advisors with Spiros Margaris (@SpirosMargaris), head of the advisory boutique Margaris Advisory (MargarisAdvisory.com) and Senior Advisor to FinTech Forum. Additionally, he is a Senior Advisor at kapilendo, a uniquely positioned German crowdlending platform, and at moneymeets, the leading German “FinTech Supermarket” company.… 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 →

Fintech

The fintech landscape 2015 (interview with Kevin Moseri)

  This interview was first published by BankNXT.  Shaun Weston talks to Kevin Moseri about the fintech landscape, big data, regulation, and innovation. I caught up with marketing expert and BankNXT contributor Kevin Moseri this week. He’s an expert in online marketing, and reports on banking and fintech in the payments space. I asked him a few questions about government… Read more →

Technology

Why are banks “trying to shapeshift” into technology companies?

Technology in Fintech 1.0 and disruption made banks stop and take notice but Fintech 2.0 is all about letting banks in and allowing them to have a stake in the space. However, during Fintech 1.0 a lot of banks were forced to make what most in the industry saw as knee-jerk decisions, adopting questionable strategies. Most banks are still following… Read more →

Cynical Banks

Are banks cynical about the Fintech Revolution?

Last week I read a very interesting article on the outlook and future of Fintech. Interesting in that it had a very cynical tone from an executive with an extensive banking and banking technology background. The executive goes on to recall the banking technological advances since the 80s: PC, Dial-up Modem, the first ATMs, EFT (Electronic Funds Transfer), EDI (Electronic… Read more →