Issue 74 · Jun 28, 2016 Weekly edition · 3 min read

Fintech News

Obviously issue #74 needs to cover the Brexit to some extent. Therefore, we dedicate the Top Stories to a brief overview about the finance-related implications of Britain leaving the EU. The rest is about our core

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Brexit Leaves Europe’s Fintech Firms in the Lurch

Europe’s financial-technology upstarts are scrambling to figure out what the United Kingdom’s departure from the European Union and its digital payments rules means for their businesses

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In this issue · 11 items

The Digital Banking Future is Now Banking executives convened to discuss the opportunities and challenges of digitization in banking. Their consensus was that becoming a 'digital bank' is no longer an option. Open story ↗ Emotional banking crusade revelations: bankers There are many different kinds of banker, says Duena Blomstrom, who lists the bankers for us and provides a brief overview of each type. Open story ↗ The best #Brexit insights including #Fintech, #Blockchain and more Well, I can’t go on and on and on about Britain’s decision to leave the EU, but it would be remiss of me to not highlight a few insights that popped up yesterday. Open story ↗ Hackers Wanted (Must Be Willing to Work at Bank) It's hard finding a good hacker these days — a hacker to work for banks, that is. Even though cybersecurity jobs can offer six-figure salaries, generous signing bonuses and other perks, banks are struggling to find people to hire. Open story ↗ Brexit consequences (without bias or hysteria) John Doyle casts a cool, considered eye over Brexit proceedings, looking at the political implications at various angles and what it means for business. Open story ↗ How to Close the Deal with Millennials: Don't Waste Their Time Myriad surveys and reports note that millennials don't talk on the phone and they don't write or answer emails. So it's no surprise that Citizens Bank in Providence, R.I., was getting very low response rates when communicating in those two channels with its largely millennial student loan applicants. Open story ↗ Finding compatibility in bank-fintech partnerships In a world where bank-fintech partnerships are the best hope for payment innovation, Matthaeus Sielecki, head of working capital advisory – financial technology, Deutsche Bank, explores what constitutes best practice for such alliances. Open story ↗ 9 Experts Discuss the Biggest Challenges of Bank Branding Most financial institutions struggle to achieve consistency from one touchpoint to the next. Experts believe what is needed is an integrated brand identity that is updated and ties everything together. Open story ↗ Fintech and Traditional Banks: The Beginning of a Beautiful Friendship Today’s technology-led companies are intent on disrupting industry after industry, abolish decades of profitable business models and force cash cows out of business. Open story ↗ Is Encryption Really Working? Encryption is now a payments best practice. That’s one of the key takeaways from the latest Global Encryption Application Trends Study [...] The report tracks how various industry sectors and geographies use encryption coupled with business applications to protect their data. Open story ↗ Fintech and its impact on financial executive In financial services institutions, Chief Financial Officers (CFOs) play a key role in managing cost control initiatives in line with the growth plans. They are in the driving seat of many such initiatives that not only have a bearing on the profitability of the organization but also its long term sustenance and stability. Open story ↗

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Brexit Leaves Europe’s Fintech Firms in the Lurch

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