Beyond Automated Advice: How FinTech is shaping asset & wealth management
The 2016 PwC Global FinTech Survey gathered the views of 544 respondents from 46 countries, principally Chief Executive Officers (CEOs), Heads of Innovation, Chief Information Officers (CIOs) and top management involved in digital and technological transformation, distributed among five regions. The asset and wealth management-focused cut is based on the responses of 163 respondents from the asset and wealth management sector around the globe.
Fintech 1, 2 and 3.0 … there’s an elephant in the room and it’s under attack
I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0.
Financial Inclusion, Digital Identity and the White House
Just to mop up the final discussions at the White House FinTech summit, there was a fourth panel on financial inclusion.
FinTech Challenges and Opportunities
The financial services sector in Germany is facing unprecedented change. Startups and other attackers are jostling for their place in the market, backed by new technologies. Known as FinTech (Financial Technology) companies, they provide alternative solutions and business models that could render traditional banking processes obsolete in many areas. This worldwide trend will become very evident. In Germany, it may jeopardize around a third of all bank revenues over the next few years.
Africa’s blockchain transformation
*ValueWeb* makes the contention that you cannot have an internet of things without a real-time and cheap internet of value. A core part of this is focused upon building a cheap shared ledger structure for digital identity and digital currencies and guess what? That cheap shared ledger is most likely going to be built in Africa. In fact, Devie Mohan of Thomson Reuters, one of the many fine speakers at *Dot Finance*, predicted that Africa would invent the global standard for digital identity and she may well be right.
The challenges of mobile financial inclusion
One of the gating factors to financial inclusion is the mobile network itself. It sounds simple to say that all of Africa can have access to mobile money, and they can, but if each telco has different wallet structures, charges and fees, then the ease of usage falls sharply. This is why interoperability is a key factor and Tanzania leads the way in this regard.
Four genuine blockchain use cases
Almost a year after first releasing MultiChain, we’ve learnt a huge amount about how blockchains, in a private and non-cryptocurrency sense, can and cannot be applied to real-world problems. Allow me to share what we know so far. To begin with, the first idea that we (and many others) started with, appears to be wrong. This idea, inspired by bitcoin directly, was that private blockchains (or “shared ledgers”) could be used to directly settle the majority of payment and exchange transactions in the finance sector, using on-chain tokens to represent cash, stocks, bonds and more.
The African Mobile Revolution
Last week I chaired the inaugural *Dot Finance Live*conference in Nairobi, Kenya. It is Africa’s premier FinTech event, drawing people from all over the countries of sub-Sahara Africa. What struck me as I listened to lots of keynotes about mobile innovation and mobile financial inclusion, is that Africa is actually leading the world in financial innovation. This is because Africa is a continent where the majority of people were previously excluded from financial service.
Challenger versus incumbent or challenger and incumbent
I guess my highlight of #Money2020Europe was moderating a discussion between Martin Blessing, CEO of Commerzbank, and Ricky Knox, CEO of UK digital-first start-up Tandem Bank. We had a fascinating dialogue before the public debate, and an even more engaging discussion on stage if the tweets are anything to go by.
Is RegTech the new FinTech? How agile regulatory technology is helping firms better understand and manage their risks
This article is based on research and interviews we undertook with RegTech companies and seeks to explore how firms can benefit from regulatory technology and how they can leverage regulatory focused data to better understand and manage their compliance risks.
Money Of The Future – Results of 2015 / Trends for 2016
Annual fintech research by Life.SREDA VC. In collaboration with INSEAD business school and Deloitte.
In brief: The brexit effect and FinTech
Communities across Britain are weighing whether or not to depart from the European Union (EU), knowing it will disrupt, among other items, trade agreements and potentially the UK’s position as a hub for FinTech innovation. The “Brexit” referendum has been a subject of thought since 2013, when Britain’s Prime Minister David Cameron pledged that a Tory re-election, in 2015, would lead to a renegotiation of Britain’s EU membership.
Blurred lines:How FinTech is shaping Financial Services
This PwC report assesses the rise of new technologies in the financial services sector across the globe, the potential impact of FinTech on market players and their attitudes regarding the latest in technology developments. Additionally, it offers insight as to the responses of the sector to this ever-changing environment.
The Pulse of Fintech, 2015 in Review: Global Analysis of Fintech Venture Funding
The Pulse of Fintech report gives a detailed look at trends and data covering equity transactions to venture capital backed fintech companies globally.
In Brief: Blockchain as a Business
It is difficult not to perceive the Azure Blockchain-as-a-Service (BaaS) as an attempt at providing the evolutionary catalyst to changing the way business is conducted in the future.
In Brief: the world in Blockchain
This week 'In Brief: the world in Blockchain' we cover the greater FinTech landscape and highlight events, news & announcements from around the Bitcoin & FinTech industries.
