Tag Archive for Banking

Repackaging banking

Is FinTech really reshaping banking or just repackaging banking?

Have banks finally found a way of repackaging banking? Consumer banking, once the bastion of stability in financial services, has seen the most “disruption” from FinTechs over the next five years. This exposure to “disruption” has been accelerated by the nature of banking products and processes for saving, lending, and business services. The threats posed by FinTechs can disrupt four… Read more →

APIDays Banking APIs & PSD2

APIDays Banking APIs & PSD2 – 2017 in Berlin!

APIDays Banking APIs & PSD2 – A MUST-ATTEND Conference! Interested in APIs? Banking? PSD2? The 2017 APIDays Banking APIs & PSD2 conference in Berlin on the 7th-8th of November is a MUST-ATTEND Conference!   You are invited to the 2017 APIDays Banking APIs & PSD2 conference in Berlin on the 7th to 8th of November – the only event focusing on Banking… 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 →

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 →