Banks

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 →

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 →

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 →

'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 →