Hey Siri, send John $10

Apple is showcasing up-and-coming applications from Square and UK challenger bank Monzo which will enable iPhone users to transfer funds with a simple voice request via Siri. (more…)

Banks, Mobile payments/banking

September 5, 2016


Banks should back off from clunky chat bots – Forrester

By FInextra

Bots are not ready for prime time when it comes to banking, and most banks should hold off on launching customer service or chat bots on messaging platforms for another two to three years, according to a new Forrester report. (more…)


September 5, 2016


BAAS 플랫폼과 오픈 API


응용 프로그래밍 인터페이스(API)는 Microsoft Windows 와 같은 특정 플 랫폼을 개발하는 방법 중의 하나로 소 프트웨어 개발에서 주요한 역할을 해 왔습니다. 최근 Salesforce, Facebook, Google 등과 같은 새로운 플 랫폼 공급자들은 개발자들에게 도움 이 되지만 사실상 개발자들이 해당 플 랫폼에 의존하도록 만드는 API를 제 공하였습니다. 현재는 개발자들을 특 정한 플랫폼에 묶어두지 않고 써드파 티 API도 사용할 수 있게 함으로서 좀 더 효율적으로 응용 프로그램을 시장 에 내 놓을 수 있도록 하는 바람이 불 고 있습니다. 그 결과 개발자들은 자 신들의 고유 기능에 집중하면서 동시 에 API를 통해 액세스 할 수 있는 다 른 전문가가 개발한 분산 처리 시스템 과 연계할 수 있게 되었습니다.

Download Korean , Japanese or Chinese version of a Report

or  Download A Full English Version (more…)

Analytics, Banks

September 5, 2016


서비스형 은행(Baas)서에 핀테크(Fintech) 은행으로


핀테크는 현재 진행형이며 자연 진 화 단계에 있습니다. 지난 3년은 소 위 <<칫솔>> 시대로서, 한 가지 기능 만을 수행하기에 그 누구보다 잘 할 수 있고, 그 누구와도 대체 불가능하 고 매일 매일 사용되는 시대였습니다. 2015년은 모두가 다 기다려온 전환 점이 되는 해로서 모든 서비스가 다른 분야와 어떠한 방식으로든 통합되기 시작했습니다. 가장 진보한 고객은 전 혀 다른 재료들을 가지고 케잌을 만들 준비가 되어 있다는 것은 사실이지만, 대다수의 고객은 매끄럽게 서로 이어 져있기에 하나의 서비스에서 다른 서 비스의 데이터를 손쉽게 이용하고 공 동으로 혜택을 누릴 수 있는\ 편안한 서비스 생태계를 원합니다.

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or  Download A Full English Version (more…)

Analytics, Banks, Fintech news, Global trends

September 5, 2016


BAAS 平台和开放 API


应用编程界面 (API) 是数十年来软件 开发的一个关键部分,用来为某指定 平台,如 Microsoft Windows 进行 开发。 更近以来,从 Salesforce 到 Facebook 和 Google 的新型平台提 供商提供的 API 帮助开发者和,实 际上,创造了开发者对这些平台的依 赖。 现在,一种新的第三方 API 正在 提供能力解脱开发者锁定任何特别的 平台和允许他们更有效地把应用 推向 市场。 结果,开发者可以专注于他们 自己的独特功能并围绕之其它专业人 士开发的全功能、分发的流程,他们 通过 API 对其访问。 开发者意识到, 他们需要建入应用里的许多功能对于 许多其它公司辛勤劳作的东西来说是 冗余的。 他们学会不花费宝贵的资源 在别人已经做好的事情上,而是依靠 更大平台的 API。 另一个优势是第三 方的 API 常常明显更好。 它们工作 更好,比内置的 API 提供更多的灵活 性。 最后,第三方 API 开发者有更多 容量和存取创造网络效果的更大的数 据集。

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Analytics, Banks, Mobile-first banks

September 5, 2016


从 BaaS 到金融技术 (Fintech)银行


Fintech 目前正在经历一场自然进化 阶段。 之前的三年是“ 牙刷“时代: 您只执行一种功能,但是比任何人都 好,您无可替代,被每日使用。 等待 已久的转折点在2015年到来,所有服 务开始以某种方式融合。 这可以理解 — 如果第一批高级客户准备好用明显 不同的成分亲自烘焙一个蛋糕, 大众 客户想要获得一个舒适的、具有无缝 集成的服务生态系统,允许客户轻松 使用在另一个里面的服务的数据和享 有联合使用的益处。

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Analytics, Banks, Global trends, Hotnews

September 3, 2016

Challenger bank Fidor adopts ‘attack formation’

By Carl Flinders for Computer Weekly

Computer Weekly talks to the man behind the digital challenger bank recently acquired by French retail banking giant BPCE


Banks, Global trends

September 1, 2016

60 SECONDS WITH: Vernon Hill, 71, Founder Metro Bank

Vernon Hill, 71, launched Metro Bank in the UK after becoming a billionaire by launching Commerce Bank in the US.

Metro has 41 branches and holds £5.9bn of customers’ savings. (more…)

Banks, Global trends, Interviews, Mobile-first banks

September 1, 2016

RBI to regulate P2P lending

By RAGHAVENDRA RAO K for Business Line,

The RBI has proposed that peer-to-peer lending platforms would be regulated as a separate category of NBFCs. (more…)

Banks, Cashless, Global trends, p2p-payments

August 30, 2016

U.S. Bank Wealth Management Announces Partnership with FutureAdvisor to Offer Automated Investing Capabilities to Clients

By Business Wire

U.S. Bank Wealth Management announced today an agreement with FutureAdvisor to offer automated investing capabilities to clients of its affiliate U.S. Bancorp Investments. FutureAdvisor is an investment advisory firm owned by BlackRock that offers a digital advice platform to enable financial institutions to more effectively serve their clients. The service is expected to be available to U.S. Bancorp Investments clients in 2017. (more…)

Banks, Global trends

August 29, 2016


Mondo becomes Monzo

By Finextra

After sifting through thousands of submissions from the public and rejecting such tempting options as Banky McBankface and Mayonnaise, British app-only challenger bank Mondo has unveiled its new name: Monzo (more…)

Banks, Fintech news, Global trends, Hotnews

August 29, 2016

Why Banks Won’t Be Left Out of Fintech 2.0

By Tanya Macheel for American Banker

The second wave of the fintech boom is here, says David Sica, a principal at venture capital firm Nyca Partners. First came the startups with their ideas, now banks are leveraging those ideas and delivering to customers. (more…)

Banks, Fintech news, Government activities

August 28, 2016


The API for absurdity

By David Lee for

Every important technology goes through a hype cycle. (more…)

Banks, Fintech news, Global trends

August 28, 2016


Believing is seeing

By Economist

IT IS easy to forget that even the most trivial commercial transactions rely on small acts of trust. Laws encourage good behaviour, but states lack the resources to force everyone to be good all the time. (more…)

Banks, Global trends

August 28, 2016

J.P. Morgan in a Car-Lending Chase

J.P. Morgan Chase & Co. is trying to make the car-buying process easier. (more…)

Analytics, Banks, p2p-payments, p2p/online lending

August 26, 2016


The dirty little secret of central banking

By Sebastian Mallaby for Washington Post

Given the spectacle of this year’s presidential race, it is easy to overlook the parallel drama in the world of central banking. But when the monetary priesthood gathers Thursday for its annual seminar-cum-summer camp in Jackson Hole, Wyo., heretics will stalk the halls. The proper objective of a central bank is no longer a settled issue. (more…)

Analytics, Banks, Fintech news, Global trends

August 24, 2016


LendUp fights big banks with $47M for compassionate credit cards

By Josh Constine for

Banks win when the poor lose. Credit cards can trap people in debt and bleed them dry with late fees. But it’s this exploitative experience that makes banks vulnerable to fintech startups like LendUp that are willing to undercut them and make up margin with software efficiency. (more…)

Banks, Global trends, Hotnews

August 24, 2016


The 48 startups that launched at Y Combinator S16 Demo Day 2

By Josh Constine for Techcrunch

The world’s most prestigious startup school launched 48 companies today at part 2 of its Summer 2016 Demo Day. Nanoparticle analytics and delivery robots were amongst the products revealed in the B2B, biotech, enterprise, edtech, fintech, and hardware verticals. You can check out our write-ups of all 44 startups that launched yesterday, andTechCrunch’s picks for the top 7 from the first half of the batch. Today’s startups are below. (more…)

Analytics, Banks, Fintech news, Global trends, Hotnews

August 24, 2016

Singapore Wants to Boost Its Fintech Startups

BY Chanyaporn Chanjaroen for Bloomberg

Singapore is reviewing the rules for venture capital firms as it attempts to draw more capital to the country’s financial technology startups, according to the head of Singapore’s central bank. (more…)

Banks, Global trends, Government activities, InspirAsia

August 24, 2016

Big banks plan to coin new digital currency

By Martin Arnold for FT

Four of the world’s biggest banks have teamed up to develop a new form of digital cash that they believe will become an industry standard to clear and settle financial trades over blockchain, the technology underpinning bitcoin. (more…)

Banks, Deals, Fintech news, Global trends

August 24, 2016

Blockchain’s Backers Gather to Push Governance for Technology

By Olga Kharif 

Some of blockchain’s biggest backers, including people with ties to IBM and JPMorgan, will gather Wednesday to work on the biggest issue hobbling the technology behind digital currency — the absence of grown-up governance. (more…)

Banks, Blockchain

August 23, 2016


BOJ may apply ‘fintech’ to its operations in future: Kuroda

By Reuters

Bank of Japan Governor Haruhiko Kuroda said the central bank may apply financial technology, or “fintech,” to its operations in the future given its growing influence on global payments, settlements and financial services. (more…)

Banks, Global trends, Hotnews

August 23, 2016


Bank branch closures trigger high street alarm bells

By Jill Treanor for the Guardian

The big banks have shut 1,700 branches across the UK in the last five years with many more planned. Those counting the cost will be small businesses and the elderly, campaigners warn


Banks, Government activities, Hotnews

August 22, 2016


U.S. banks want to cut branches, but customers keep coming

By Dan Freed for Reuters

Despite banks’ nudging toward online tools, many U.S. customers are not ready to give up regular visits to their nearest branch, complicating the industry’s efforts to slim down. (more…)

Banks, Cashless, Global trends

August 22, 2016

The Internet of Things Needs A Ledger of Things

By Alex Tapscott for Forbes

Using emerging software and technologies, we can instill intelligence into existing infrastructure such as a power grid by adding smart devices that can communicate with one another, reconfigure themselves depending upon availability of bandwidth, storage, or other capacity and therefore resist interruption. (more…)

Banks, Fintech news, Global trends, Hotnews

August 22, 2016


A Physics Lesson for Central Bankers

By  for Bloomberg View

The world is braced for the discovery of a fifth fundamental force of nature — the four known ones being electromagnetism, gravity, and strong and weak nuclear forces — that subverts the so-called standard model of particle physics. Given the lackluster outlook for global growth, maybe economics needs a similar revolution.  

Banks, Columns, Fintech news, Global trends, Hotnews

August 20, 2016


Square’s Shares Jump on News of Investor Steve Cohen’s Stake

By Leena Rao for Fortune

The controversial investor now owns 5.4% of the payments company. (more…)

Banks, Deals, eWallets, Hotnews

August 20, 2016

Starling Bank and Mondo weaponize their APIs.

By Daoud Fakhri for VerdictFinancial

Starling Bank and Mondo, the latest two challenger banks to win their UK banking licenses, have placed open APIs at the forefront of their strategies to maximize their competitive advantage over their incumbent rivals. (more…)

Banks, news

August 19, 2016

The Greatest Tech Businesses Aren’t Really Tech

By  for Bloomberg

Technology companies are a lot like contemporary art: Their valuations reflect narratives more than anything else, and it’s just as important to devise the right framework to describe a phenomenon as it is to build a beautiful product. Two New York consultants, Alex Moazed and Nicholas Johnson, have suggested an interesting way of looking at most of Silicon Valley’s biggest tech-company successes: They are all platforms. (more…)

Banks, Fintech news, Global trends

August 17, 2016