Banking

Digital Currency

Digital Currency: Are you ready for the future of money?

  I was just reading a digital currency article (Is the world ready for digital money? Experts debate the issues) by Laura Singleton, Imperial College London and couldn‘t help but be impressed by the strides digital currency has taken since first developed and how quickly the whole digital currency ecosystem has matured. What is digital currency? Digital currency is a… Read more →

digital

Is this what banks really mean by going digital?

I couldn’t help but wonder what traditional banks mean by going digital or by a “digital-only” bank account. This week, Canada’s Equitable Bank launched a digital-only subsidiary that offers a savings account accessed online and via mobile phones. The EQ Bank Savings Plus Account will allow customers to pay bills, transfer money to friends and family. Well, it’s hard to… 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 →