The changing face of challenger banking – what does the future hold?

There is no question that challenger banking, especially in the UK, has revolutionised the way we look at financial services. The simplicity of transactions, transparency of fees and the ability to connect with your peers have helped millennials, as well as millennial-minded older generations, adopt challenger banking apps and websites to handle basic banking –Continue reading “The changing face of challenger banking – what does the future hold?”

Why the newly banked will be the biggest problem for digital banks

In the past three years, 100 million people have opened bank accounts for the first time in Africa. In China, there are 500 million people who are ‘newly banked’. In India, 187 million new accounts were opened in just one year on a governmental scheme. In the UK, around 100,000 people came into the bankingContinue reading “Why the newly banked will be the biggest problem for digital banks”

Key takeaways from the ING Think Forward initiative

The Think Forward initiative from ING Group was an opportunity for academics, economists, banking and technology leaders to address the issue of the complexity of financial decision-making. The economic and geopolitical uncertainties in the world have led to a previously unknown level of consumer confusion in decision-making, and this has had a significant impact onContinue reading “Key takeaways from the ING Think Forward initiative”

Who utilizes customer data better, banks or fintechs?

Customer data and the opportunities for creating innovative business models out of it has become a recent favorite topic of mine. I spoke on the topic at FinTechStage Luxembourg’s dinner overview hosted by Luxembourg for Finance and the Luxembourg Ministry of Finance, and we had an audience of banking CEOs and fintech influencers keen toContinue reading “Who utilizes customer data better, banks or fintechs?”

FinTech Influencer Survey: 51 Experts Reveal 2016 Trends

What are the trends expected to drive fintech innovation in 2016? I am happy to publish, on behalf of Envestnet® | Yodlee®, the results of the second annual Global Fintech Influencer Survey. Last year, we decided to ask 40 influencers what they thought of the fintech landscape of 2014, and collected their predictions for 2015.Continue reading “FinTech Influencer Survey: 51 Experts Reveal 2016 Trends”

The emergence of regtech as a catalyst for innovation

When I first heard someone use the term regtech (regulation technology) about a year ago, I had some pretty strong feelings about it. I didn’t appreciate the thought of further fragmentation of the fintech industry, as it impacts collective innovation and cross-fintech solutions. I also felt regtech as a separate space would struggle to createContinue reading “The emergence of regtech as a catalyst for innovation”

How are banks and fintech startups working together?

Earlier this week, I spoke at Next Bank Europe in Barcelona on ‘Digital Banks and Startups’, and how they can work together to innovate faster. I felt the topic would be appropriate for the audience there: a unique mix of fintech entrepreneurs and digital banking heads, all worried about finding scalable innovation, a quicker pathContinue reading “How are banks and fintech startups working together?”

These are the 7 fintech firms that nailed their marketing campaigns

I have tried to compile a list of my favourite marketing campaigns run by fintech startups. It ranges from product launches to physical and online campaigns. Here goes! The “Pop-Up Store” Campaign: iZettle Image source: Flavourmag “Launch a pop-up store for small businesses” as a campaign idea rarely comes up in marketing meetings (okay, never), butContinue reading “These are the 7 fintech firms that nailed their marketing campaigns”

Why Turkey is still the digital banking capital of the world

While 29 banks are in the race to get their licenses in the UK, including a sizable number of digital banks, Turkey – the social-media-based banking innovation hotbed of Europe – didn’t launch a single new bank in the past few years. Until earlier this month, that is, when BNP Paribas’ TEB launched its digitalContinue reading “Why Turkey is still the digital banking capital of the world”