50 years on: How credit cards changed our relationship with money

By Simon Read for BBC

Fifty years ago this week Barclaycard issued the first credit cards in the UK. (more…)

Banks, Global trends, Hotnews

June 27, 2016


Europe’s Startups Reassess Britain After ‘Brexit’

Britain’s vote to leave the European Union is already forcing Europe’s nimble, tech startup community to reassess operations there—a potential early warning for the kind of dramatic action bigger companies may have to take. (more…)

Banks, Fintech news, Global trends

June 27, 2016


The Reserve Bank of India Announces Blockchain Committee

By News BTC

India is one of the largest cash dependent nations in the world. A majority of people in the world’s largest democracy have the tendency to use cash for most of the transactions. This has created a challenge for the Indian central bank —The Reserve Bank of India to maintain the liquidity in the country’s monetary system. In order to ensure there are enough bank notes to go around, the premier bank is forced to print more currency and constantly destroy the old banknotes that are either soiled or damaged.


Banks, Government activities, India, InspirAsia

June 27, 2016


‘Powerful storm’ set to hit Asian banking industry: McKinsey

By Yasmine Yahya for Straits Times

Slowing global growth, the emergence of innovative finance start-ups and an increasing volume of bad loans are combining to create a “powerful storm” for the Asia Pacific banking industry, consulting firm McKinsey & Company has said in its latest annual banking review on Wednesday (June 22). (more…)

Banks, Global trends, Hotnews, InspirAsia

June 23, 2016


Inside Fidor, the fintech bank run by its customers

By Wired Money

Since its rise in 2008, fintech has been touted as a major threat to the traditional banking processes, and one of the disruptive tech’s pioneers has been Fidor. (more…)

Banks, Fintech news, Global trends, Mobile payments/banking

June 23, 2016


Another corporate finance firm is launching a fintech venture arm

By Lynsey Barber for City Am

German exchange owner Deutsche Boerse is wrapping up its investments in financial technology companies into a standalone venture capital fund and will ramp up its funding in fintech firms, joining the rush of corporates eyeing a slice of disruptive startups. (more…)

Banks, Deals, Fintech news

June 22, 2016

How Barclays Aims to Bring a Billion Unbanked into the Fold

By Brian Eha for American Banker

Barclays Africa Group has a market penetration problem. (more…)

Banks, Fintech news, Global trends, InspirAsia

June 21, 2016

Australian ‘bitcoin founder’ quietly bidding for patent empire

By Byron Kaye for Reuters

Craig Wright, the Australian who claimed to be the inventor of bitcoin, is attempting to build a large patent portfolio around the digital currency and technology underpinning it, according to associates of his and documents reviewed by Reuters. (more…)

Banks, Blockchain, Cryptocurrencies

June 21, 2016


Boom, bubble or bust for fintech?

by  for

The term “fintech” has become all the rage; investors and media can’t stop talking about it. Many people also have been talking about the “bubble” in the tech industry, but could there be a “bubble” in fintech, as well? (more…)

Analytics, Banks, Global trends, Hotnews, p2p-payments, p2p/online lending

June 16, 2016


Barclays launches platform for fintech start-ups

By Nupur Anand for Business Standard,

This comes at a time when both bank and non-financial players looking at this space actively (more…)

Banks, Fintech news, Global trends

June 16, 2016


Chinese borrowers told to post nude photos as collateral

By Lucy Hornby for Financial Times

Debt recovery tactics grow more aggressive as economy slows and loans sour


Banks, InspirAsia

June 16, 2016


German fintech company builder FinLeap raises €21M at €121M valuation

By Steve O’Hear for TechCrunch

Berlin-based FinLeap, which is a German-style company builder specialising in fintech, has raised €21 million in new funding. Backing is said to come from original investor HitFox Group along with institutional investors from the insurance industry, including Hannover Re, the third largest worldwide reinsurer. (more…)

Banks, Deals, Fintech news, Global trends

June 14, 2016


Challenger banks will take “years” to make money

By Lynsey Barber for CityAM

Ambitious digital challenger banks hoping to topple the big high street players will take “years” to make money according to one of the founders of an mobile bank with ambitions to do just that. (more…)

Banks, Deals, Fintech news, Global trends

June 8, 2016


Stop Saying Big Companies Can’t Innovate

By Vijay Govindarajan for Harvard Business review

Some business pundits today believe innovation ignites better in startups than in large, established corporations. They believe big companies are weighed down by their own success, too invested in the past to create and execute new ideas. They say, “You can’t teach an old dog new tricks.” I disagree. (more…)

Banks, Global trends

June 7, 2016


The rise of APIs

By ,  for Tech Crunch

It’s been almost five years since we heard that “software is eating the world.” The number of SaaS applications has exploded and there is a rising wave of software innovation in the area of APIs that provide critical connective tissue and increasingly important functionality. (more…)

Banks, Global trends

June 6, 2016


The Future of Banking Is in China


Tech companies use internet payment systems as a wedge into an array of money-management services


Banks, Blockchain, Cryptocurrencies, Global trends

June 5, 2016

FinTech: Picking Up Momentum

By John Mason for Seeking Alpha


Banks, Fintech news, Global trends, Hotnews

June 2, 2016


PayPal Isn’t a Bank, But It May Be the New Face of Banking


By some measures, PayPal Holdings Inc. holds more customer money than all but 20 U.S. banks. What does that say about the future of banking? (more…)

Banks, Cashless, eWallets, Fintech news, Global trends

June 2, 2016


Five Highlights From Mary Meeker’s 2016 Internet Trends Report

By Cathleen Chaykowski for Forbes

At 213 slides, Mary Meeker’s anticipated annual “Internet Trends” report was a gold mine of data on everything from debt-to-GDP ratios by country to U.S. Internet advertising growth. (more…)

Banks, Global trends, Hotnews, InspirAsia

June 2, 2016


J.P. Morgan’s CIO on the Bank’s Security Game Plan

By Emily Glazer for WSJ

Dana Deasy discusses the bank’s strategy since the 2014 breach, as well as working with fintech partners


Banks, Fintech news, Global trends, Hotnews

May 31, 2016


What Is a Bank? A series exploring the existential crisis facing banks in 2016

The question is so simple it seems silly: What is a bank? (more…)

Banks, Global trends, Hotnews

May 31, 2016


Allianz launches innovation lab in Singapore to work on health and smart city living

By Michael Tegos for techinAsia

Insurance giant Allianz announced today it is opening Asia Lab, a space for digital innovation and advanced analytics in Singapore. (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia, Singapore

May 25, 2016


What Banks and Fintech Need to Ponder Before They Partner

By Bryan Yurkan for American Banker

Some banks and fintech companies are in the early stages of collaboration, but for the partnerships to fully take hold, the companies need to fundamentally understand how they each operate and what they are hoping to achieve. (more…)

Banks, Fintech news, Global trends, Government activities

May 25, 2016


GoFundMe hits 25m donors and $2b raised on its giving platform

By Haje Jan Kamps for Techcrunch

GoFundMe seems to be everywhere these days; my social media feeds are never too many posts away from a campaign from the company raising funding for a cause or a goal. (more…)

Banks, Crowdfunding/investing

May 23, 2016


OCBC claims to be first Singaporean bank to use voice recognition for transactions

By Judith Balea for TechinAsia

OCBC Bank has been busy launching a string of firsts to ride the fintech boom. It just announced it has deployed voice recognition solutions to make it easier for customers to access different services. (more…)

Banks, Cashless, Fintech news, Global trends, Hotnews, InspirAsia

May 20, 2016

The ‘To-Die-For Customer Experience’ Starts with Tech

By Penny Crosman for Maerican Banker

For Manolo Sanchez, the chief executive of BBVA Compass, the future is about sharing technology and the basics of banking with fintech partners, and getting help from them in turn, without relinquishing customer relationships. (more…)

Banks, Fintech news, Global trends

May 18, 2016

Uber and a Bay Area landlord will pay new tenants $100 a month to go car-free

By Andrew J. Hawkins for the Verge

A first-of-its-kind partnership (more…)

Banks, Deals, Fintech news, Global trends

May 18, 2016

Bank of Japan Official: Central Banks Need to Watch Blockchain

By Stan Higgins for Coindesk

A deputy governor of Japan’s central bank has said that central banks worldwide need to pay close attention to developments surrounding digital currencies and blockchain technology. (more…)

Banks, Blockchain, Cryptocurrencies, Fintech news, Global trends, Government activities

May 15, 2016


Why Britain is beating the U.S. at financial innovation

By Jeff Lynn for

Legislation allowing ordinary American investors to invest in the shares of startups and small businesses was first introduced in the U.S. Congress in 2011. Despite bipartisan support and the approval of President Obama, it is only now becoming a reality. (more…)

Banks, Fintech news, Global trends

May 15, 2016

Mobile Payments: A Hype Waiting To Happen

By Zohar Steinberg for the Forbes

Back in 2010, I had an idea for a mobile payments startup. It was clear to me and others that mobile payments were the next big thing, and that in a few years we’d all leave our wallets at home and instead pay with our phones. (more…)

Banks, Cashless, Global trends, Mobile payments/banking

May 13, 2016