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1459

From Wall Street Banking, a New Wave of Fintech Investors

By Liz Moyer for the New York Times

Finance is where they built their careers. Now some of banking’s former stars are pouring millions of dollars — and in some cases staking their careers — into new technologies that are shaking up everything from lending to payments to investing. (more…)

Banks, Blockchain, Global trends

April 7, 2016

870

Fintech’s $138 billion opportunity

By Ryan Falvey for Techcrunch.com

Fintech is in the midst of a golden age of investment and innovation. According to KPMG and CB Insights, investments in fintech startups doubled between 2014 and 2015, to $14 billion. However, comparatively little of this money has been focused on the $138 billion market opportunity to disrupt alternative financial services in the United States. This lack of focus is damaging America’s financial health. So why hasn’t fintech done more to meet this vast market need? (more…)

Banks, Fintech news, Global trends

April 7, 2016

1101

A Strategist’s Guide to Blockchain

by John Plansky, Tim O’Donnell, and Kimberly Richards for Stategy + Business

The distributed ledger technology that started with bitcoin is rapidly becoming a crowdsourced system for all types of verification. Could it replace notary publics, manual vote recounts, and the way banks manage transactions? (more…)

Banks, Blockchain, Cryptocurrencies

April 7, 2016

932

Money 20/20 Europe: Blockchain rules rule

By Antony Peyton for the Banking technology

The blockchain (and bitcoin) industry welcomes regulations, but has to share the limelight with other digital currencies, as regulators look to deal with its rise and implications. (more…)

Banks, Blockchain, Cryptocurrencies, Fintech news, Global trends

April 7, 2016

722

Barclays becomes the first big UK bank to back a digital currency firm

By Jemima Helly for Reuters

LONDON (Reuters) – Barclays has become the first big British bank to form a partnership with a digital currency firm, social payments app Circle, which runs partly on bitcoin’s blockchain network and launched in the UK on Wednesday.  (more…)

Banks, Fintech news

April 6, 2016

770

Klarna and Modo announce a new strategic partnership at Money20/20 Europe

By Jay Donovan for techcrunch.com

Unicorn eCommerce startup Klarna and digital payments startup Modo announced a new strategic partnership this morning at Money20/20 Europe. Under the terms of this new partnership Modo will provide Klarna with its Digital Payments Hub product to speed up implementation of Klarna’s checkout solution for their worldwide e-retail partners. (more…)

Banks, Cashless, Fintech news, Global trends

April 5, 2016

775

30% of bank jobs are under threat

By Matt Egan for CCN Money

Digital disruption is turning finance on its head — and destroying tons of traditional banking jobs along the way. (more…)

Banks, Fintech news, Global trends

April 5, 2016

1083

The Third Industrial Revolution – Potential Impacts of Technology on Employment

By Nouriel Roubini, Professor of Economics and International Business, Leonard N. Stern School of Business, New York University for WEF 

We are at the cusp of a third Industrial Revolution, with new technologies spawning a feverish excitement for a radical transformation in industrial production. Technological improvements in robotics and automation, as well as systematic changes in the economy that coincide with this revolution, will dramatically boost productivity and efficiency.

(more…)

Banks, Fintech news, Global trends, Government activities

April 4, 2016

666

The center of the tech revolution in finance couldn’t be further from Silicon Valley

By Ian Kar for Qz.com

Silicon Valley is on a mission to disrupt finance. Even Jamie Dimon is worried about it. US venture capital funding for fintech startups reached $7.4 billion in 2015, up from $4.3 billion in 2014. But while the money’s flowing, the real action is in China.

(more…)

Banks, Fintech news, Global trends

April 2, 2016

1173

Here’s Why the Blockchain Would Have Saved Lehman Brothers

By  for Fortune magazine

CFTC commissioner is on board with the bitcoin-related technology. Bitcoins could have saved Lehman Brothers, sort of. (more…)

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

March 31, 2016

1262

The definitive ranking of Wall Street investment banks in every business line

By Portia Crowe for Business Insider,

We have new data on how Wall Street banks stack up in every business line, and there is one clear winner. JPMorgan led the pack in 2015 for revenue across fixed income, equities, and banking, according todata-analytics company Coalition. That bank made $22.7 billion. (more…)

Banks, Global trends

March 30, 2016

1198

Apps are getting millennials interested in money – but can they be trusted?

By Suzanne McGee for the Guardian

Young people are using fintech for financial help, but shunning big banks and embracing new businesses doesn’t mean you’re removing risk from the equation (more…)

Banks, Cashless, Fintech news, Global trends

March 28, 2016

1440

Banking industry primed for a pocket-sized revolution

By 

ondo, the latest challenger bank aiming to take a chunk of business from the established high street lenders, is unlike any UK financial institution that has come before it.

(more…)

Banks, Fintech news, Global trends, InspirAsia, Mobile-first banks

March 28, 2016

3395

E-Wallets: Game of giants

By 2019, eMarketer estimates that the total value of transactions made by tapping a phone on an in-store terminal will reach $210 billion, up from $8.7 billion in 2015. For banks and retailers, that presents an opportunity to take on Apple Pay and Google’s Android Pay – and maybe save on transaction fees to boot.

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

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

March 28, 2016

961

The 4 Things It Takes to Succeed in the Digital Economy

By Lindsey Anderson and Irving Wladawsky-Berger for Harvard Business Review

For several years now digital has been an appendage to “business as usual.” But recently, digital transformations have reached the tipping point where digital has become “business as usual”; the tail has become the dog. Digital is not just part of the economy — it is the economy. (more…)

Banks, Fintech news, Global trends

March 25, 2016

1245

UBS and Credit Suisse launch fintech accelerator

By Finextra

The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience. (more…)

Banks, Deals, Fintech news, Global trends

March 24, 2016

2125

Fintech for Millenials

The biggest issue with “fintech for millennials” that you have to understand millennials more, than fintech.

Read our full research“Money of the Future”. Download PDF (20MB) (more…)

Banks, Fintech news, Global trends, Hotnews, InspirAsia

March 23, 2016

1335

Deloitte Predicts Rise in Blockchain-Based Payments

By Charles Small for Bitcoinmagazine.com

Deloitte’s Center for Financial Services has released a report forecasting transformation of the banking industry over the coming decade due to disruptive technology. (more…)

Banks, Blockchain, Cryptocurrencies, Fintech news, Global trends, Mobile payments/banking, p2p-payments

March 23, 2016

1805

Hong Kong to get new mobile bank

By Finextra.com

Neat, a mobile banking startup in Hong Kong that blends machine intelligence with biometric security, has opened its waiting list to university students and young professionals with a view to a Q2 2016 launch. (more…)

Banks, Fintech news, Hong Kong, Mobile-first banks

March 21, 2016

1020

This Bank Wants to Be Your Best Friend

By Leena Rao for the Fortune magazine

If you’re a millennial, that is. SoFi will help with your job, your love life—and your finances. (more…)

Banks, Fintech news, Global trends, Mobile-first banks

March 20, 2016

1365

How China is pioneering alternative finance and P2P lending

By Hariett Green for City AM,

The Asia-Pacific alternative finance market grew 323 per cent last year, to $102.8bn. China was responsible for 99 per cent of that, with four-fold growth to $101.7bn in 2015. (more…)

Banks, Cashless, China, Fintech news, Global trends, p2p-payments, p2p/online lending

March 18, 2016

1252

What Do Millennials Want from Banks? Everything. Nothing. Whatever.

By Brian Yurcan for the American Banker journal

So, do millennials hate banks or do they love them?

(more…)

Banks, Cashless, Fintech news, Global trends, InspirAsia, Mobile-first banks

March 17, 2016

World Bank: 2 Billion of adults worldwide have no access to Financial Services

In this installment of My Favorite Number, the World Bank Group’s Douglas Pearce says he’s most intrigued by the number 2 billion. (more…)

Banks, Cashless, Global trends, Government activities, InspirAsia

March 17, 2016

1647

Infographic: How new technology is changing the way we make payments

Promoted by Paypal,

Some older stuff is cool. Everyone loves a vintage leather jacket, and classic movies are favorites across generations. But in some cases, old can mean outdated, and when something’s outdated, it’s simply time to upgrade. (more…)

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

March 16, 2016

1420

China’s P2P Property Lending Growth Six Times Faster Than Banks

By Alfred Liu for the Bloomberg Business,

Peer-to-peer lending for property in China grew more than six times faster than loans extended through banks last year as borrowers took advantage of a less-regulated financing market to take part in the nation’s real estate boom. (more…)

Banks, Cashless, China, Fintech news, InspirAsia, p2p/online lending

March 16, 2016

858

Deals: Fintech startup PawnHero bags funding from investors led by SoftBank affiliate

By Judith Balea for TechinAsia

Manila-based fintech startup PawnHero today announced an undisclosed amount of pre-series A funding from SoftBank-affiliated Kaikaku Fund, which is focused on the Philippines, 500 Startups, and IMJ Investment Partners. (more…)

Banks, Deals, Fintech news

March 15, 2016

2004

FinLeap and SolarisBank launch “Banking as a Platform”

By Steve O’Hear for the Techcrunch.com

Offering what it calls Banking-as-a-Platform, FinLeap, the German fintech ‘startup factory’, has hatched its latest venture. (more…)

Banks, Deals, Fintech news, Mobile-first banks

March 15, 2016

17015

Banking-as-a-Service: Common play of banks and fintech

The current state of Banking-as-a-Service (BaaS) industry. 

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Banks, Cashless, Fintech news, Global trends, Hotnews, Mobile-first banks

March 14, 2016

1000

RBS to cut 550 jobs in preparation for robot revolution

By Emma Dunkley for Financial Times,

Royal Bank of Scotland is cutting its face-to-face advice service and slashing 550 jobs in another move to reduce costs, as more customers turn to digital “robo-advisers”. (more…)

Banks, Fintech news, Global trends

March 14, 2016

3952

Banks and FinTech: date the nerds or be the nerd?

Key findings from the banking industry and its shifting landscape.  

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Banks, Fintech news, Global trends, Hotnews

March 13, 2016