
Banking board members have no real understanding of the digital world
It is shocking to read that Board Members within the banking community are lacking knowledge and skill when it comes to technology. Read more…
It is shocking to read that Board Members within the banking community are lacking knowledge and skill when it comes to technology. Read more…
Neobanks, a term that is still reasonably new, is an interesting term for an interesting battleground. Banking is being violently disrupted. Read more…
Bitcoin, whose history has been as fascinating as it has been disruptive has always been something that banks looked upon as an unruly child. Read more…
VR has been seized on by the financial sector as a way of enlivening home working for lonely traders or isolated executives. Read more…
Legacy banks seem doomed. We regularly publish articles that compare the agility of legacy banks to the new, app based competitors. Read more…
FICO has found Philippine consumers are more comfortable opening bank accounts on their smartphones than in the US and the UK. Read more…
Financial regulators across Asia are creating new rules for online-only banks as they seek to shake up often staid markets – snapshot here. Read more…
British-based digital banking app Revolut is in talks with investors to raise at least $500 million next year to fund a global hiring spree Read more…
SWIFT has published a new API standard for the Pre-authorisation of funds, allowing further innovation in financial services enabled by Open Banking. Read more…
Asia’s non-banking firms keen to challenge traditional banks in Singapore by leveraging their technology and user databases to offer banking services. Read more…
Hong Kong’s biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels. Read more…
Asia-Pacific banks must radically reform and slash costs as rapidly increasing competition from technology firms moving into banking transforms the sector Read more…
For the banking sector to engender trust in AI technology it is vital that innovation using AI is both ethical and explainable. Read more…
Singapore’s central bank said it is studying whether to allow financial technology firms (fintechs) to operate digital-only banks in the city-state. Read more…
At least 1.5 billion adults worldwide do not have access to financial services and, as a result, are not benefiting from financial inclusion. Read more…
Banks will not stand a chance against FinTech start-ups crowding into the profitable bits of the market unless they fix their basic problems. Read more…
People are more confident using new digital banks and their services and, as my traditional banker friend said, we are approaching “the Kodak moment”. Read more…
Disruption will not be consistent, nor global. It will be patchy, opportunistic and will depend to a huge extent on culture. It will look like a lava lamp. Read more…
New entrants to the banking market – including challenger banks, non-bank payments institutions and big tech companies – are amassing up to one-third of new revenue, which is challenging the competitiveness of traditional banks, according Read more…
FRANKFURT (Reuters) – Rapid technological advances cut inflation only marginally and temporarily, Bundesbank President Jens Weidmann said on Monday, weighing in on one of the biggest debates in modern central banking. With much of the Read more…
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