Fintech News Issue #109 March 16th, 2017

Podcasts & Videos

    Technology is failing banking. Bankers know what a great customer experience should look like, but they’re often prevented from delivering on that due to ancient legacy systems. And as long as they operate in a cobbled environment with 1,000 subsystems, they will never have a truly digital bank.

    No time for B.S., or cliche’s, Ron Shevlin walks through life saying “WAIT A MINUTE? What are you really trying to sell me???” He is wise, he is funny, and he is the most honest man in banking. In other words, everything you need in a consultant and commentator in an arena that can feel too full of hype that needs to continually refocus on substance.

    We talk to PortfolioQuest CEO Michelle Katics on the future of learning, adapting and transforming through technology, and how we might manage our careers and businesses in future.

Top Stories

    Building on my challenger bank discussions, there’s some interesting points coming out of a new report by Price Waterhouse Coopers on challenger banking. It’s well worth a read, especially as they found that having branches is more important than mobile apps.

    After a recent column, I got a lot of feedback about the lack of understanding of blockchain, bitcoin and distributed-ledger technology in banking.

    In the context of financial inclusion, fintech holds tremendous potential. These solutions are challenging old business models as they are provided with greater speed, accountability, efficiency, and at a cheaper cost.

Top Events

    Losses to political violence have become “standard operating practice". The launch of the 2nd edition of the Clements Worldwide Risk Index uncovers potential risks for 2017 based on top losses from 2016. The data is gathered from leading industries around the globe, and examines how the shifts in political climate will impact operations.

FinTech Articles