Issue 108 · Mar 9, 2017 Weekly edition · 4 min read

Fintech News

The struggles of banks in the digital age is real. Banking as a service, emerging technologies, customer loyalty, AI...these are only a few topic covered by this week's featured articles in FinTech Weekly. Enjoy!

Share in X

It’s the Technology. Period.

Doing more, better, with a smaller workforce, is the main outcome we should expect from the systemic and systematic application of advanced technology in the financial services industry. Is the industry ready?

Read the full story ↗

In this issue · 14 items

Fintech5Podcast Ep. 39: Duena Blomstrom, Banking Psychiatrist Duena Blomstrom is the antithesis of everything you think of when you imagine a banker. Talented, brash, and never shying away from controversy, she always goes right to the heart of the matter. Open story ↗ 5 Steps To Prepare Your Bank For AI Artificial intelligence is coming to banking. Here are five steps that can help you plan a strong AI strategy for your bank or credit union. Open story ↗ Predictive Analytics is the Future of Financial Marketing Analytics has been at the core of retail bank marketing for decades. But despite the proliferation of data, the ability to effectively leverage insights for a personalized customer experience and enhanced profitability has remained elusive. Open story ↗ The Blockchain Will Do to Banks and Law Firms What the Internet Did to Media Even years into the deployment of the internet, many believed that it was still a fad. Of course, the internet has since become a major influence on our lives, from how we buy goods and services, to the ways we socialize with friends, to the Arab Spring, to the 2016 U.S. presidential election. Open story ↗ How to Woo a Bank When it comes time to choose a business partner, banks will favor those who help them execute their third party risk management (TPRM) responsibilities over those who begrudgingly comply. Open story ↗ More Than Just Apps: Fintech Is The Key To Collaboration When We Need It Most Beyond shopping and mobile payment options, the automation of all aspects of our financial lives allows for greater control. It is easy to get a handle on all your accounts and monitor them via programs and sites like Quicken, Mint.com and others. However, the biggest benefit of FinTech shouldn’t be limited to access alone. Open story ↗ Banking-as-a-Service and the survival of banks in the digital age Banks have traditionally been considered pioneers of process automation, but they are currently in the background of today’s digitized, customer-driven financial services landscape. The disruption of traditional banking grows stronger worldwide, and banks must reinvent their services to meet today’s device-obsessed consumers expectations. Open story ↗ Blockchain And Cryptocurrencies Could Expand Banking - Or Destroy It It’s a cliché to say of a book that every bank CEO ought to read it. But when it comes to Chris Skinner’s new book, Value Web, every bank CEO ought to make sure at least a couple of people in a variety of departments across the bank do read this book. Open story ↗ Is Banking’s ‘Uber’ Moment Coming? “Fintech is similar to social media 10 years ago,” said Ruth Polachek, CEO and co-founder of Fincheck, during a panel at Bank Innovation yesterday. Open story ↗ The Definite Guide to Digital Banking Platforms Did you doze off and miss the digital banking revolution? If so, here is your indispensable guide to choosing a digital banking platform Open story ↗ Bank Loyalty Is At All-Time High Among Consumers Who said millennials are not brand-loyal? A new study by J.D. Power, released yesterday, found that banks are currently enjoying strong advocacy and loyalty from their customer base. Open story ↗ Say hello to Robo-bankers: how AI is affecting banking and finance Whether your interaction with artificial intelligence (AI) is limited to science-fiction or you spend more time in your day talking to Siri and Alexa than actual humans, you can’t hide from the fact AI is changing the world. Open story ↗ 57 banks and nothing wrong? Seven years ago, the first new retail bank in almost a century got its licence to open: Metro Bank. Now, there are so many new banks starting up in Britain (and across Europe) that it’s sometimes hard to keep up with it all. Open story ↗ Technology outsmarts the human investor Automation eats into the financial profession by unbundling jobs. Open story ↗

← Previous issue Fintech News Next issue → Fintech News

It’s the Technology. Period.

Finance intelligence, minus the noise.

Good questions. Clear answers.

Imprint