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”

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”

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?”

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”