Exclusive: A catalyst for change – Brian Heale, Aptitude Software and Eduardo D’Alma, Q_PERIOR in The Insurtech Magazine
Aug18

Exclusive: A catalyst for change – Brian Heale, Aptitude Software and Eduardo D’Alma, Q_PERIOR in The Insurtech Magazine

Implemented correctly, the new IFRS accounting standard for reporting of insurance contracts could have a transformational impact on businesses’ digital and cultural frameworks. Brian Heale of Aptitude Software and Eduardo D’Alma of Q_PERIOR discuss their options.  Insurers would be wise to treat the implementation of new global accounting standards for insurance contracts as more than just a tactical compliance project. They can use...

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Exclusive: KYC-starting transformation, Trulioo, in The Insurtech Magazine
Aug14

Exclusive: KYC-starting transformation, Trulioo, in The Insurtech Magazine

Deciding where to target insurtech investment is a difficult task. Identity verification provider Trulioo suggests you start with the fundamentals Insurance is a giant among industries; in the US alone, insurance premiums totalled $1.2trillion in 2017 and the industry had more than $5.7trillion in assets. The quest for technology to deliver up innovative solutions and lower costs is attracting new entrants and forcing incumbents to...

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New Report: 50% of World’s Bitcoin Mined in China, 14% in the U.S.
Aug14

New Report: 50% of World’s Bitcoin Mined in China, 14% in the U.S.

New Report: 50% of World’s Bitcoin Mined in China, 14% in the U.S. Only around half (50%) of the world’s Bitcoin (BTC) is being mined within the borders of China. This data comes from a new report that was put together by the combined efforts of crypto asset management company Fidelity and crypto research firm BitOoda, who released it this July. According to researchers, the data was sourced from a variety of public sources, including...

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Exclusive: IFRS 17: The super model, Hannah Duncan, in The Insurtech Magazine
Aug14

Exclusive: IFRS 17: The super model, Hannah Duncan, in The Insurtech Magazine

Streamlined and powerful, the long-awaited International Financial Reporting Standards (IFRS) 17 will have a major impact on insurers’ back-end processes and how they  report to stakeholders. Hannah Duncan looks at how and why IFRS 17 came about, what it’s here to achieve and, most importantly, what it unlocks for insurtech. International Financial Reporting Standards (IFRS) 17 isn’t any ordinary accounting benchmark, it’s a super...

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Exclusive: Learning from the super apps, Fred Pi, in The Insurtech Magazine
Aug13

Exclusive: Learning from the super apps, Fred Pi, in The Insurtech Magazine

Fred Pi in Hong Kong on post-COVID lessons for insurers in the APAC region For years, insurers grabbed opportunities to benefit from healthy economies and a rising middle class in the Asia-Pacific (APAC) region. But now that growth (pandemic aside) is slowing, how should they move forward? COVID-19 has had a significant impact on business, particularly the suspension of face-to-face meetings and restrictions on crossborder travel....

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Exclusive: Diversifying now to insure tomorrow – Pascal Payot, Nucoro in The Insurtech Magazine
Aug13

Exclusive: Diversifying now to insure tomorrow – Pascal Payot, Nucoro in The Insurtech Magazine

Swiss Risk & Care saw an opportunity to use wealthtech Nucoro to position the insurance  and pensions broker for a digitally engaged future.  Facing an ever-increasing threat from insurtech challengers, bigger insurers need to find ways to diversify and add value for their clients in order to stay ahead of the game. And one of the best ways of doing that is by extending their product range without disrupting their core business...

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Global regional analysis: How well have different regions embraced fintechs to support SME lending?
Aug13

Global regional analysis: How well have different regions embraced fintechs to support SME lending?

Simon Cureton, CEO – Funding Options It is fair to say that back on the first of January, not one SME or fintech CEO would have predicted the unprecedented situation we find ourselves in. Covid-19 has brought seismic shock to the SME sector in particular, with many forced to pivot their operations overnight to adapt to the new normal, and others unable to trade and reliant on government schemes to stay alive in lockdown. Whilst...

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Exclusive: Quenching Demand – Tim Hardcastle, INSTANDA in The Insurtech Magazine
Aug13

Exclusive: Quenching Demand – Tim Hardcastle, INSTANDA in The Insurtech Magazine

As a former CIO, Tim Hardcastle understands all the arguments as to why legacy systems can’t be changed. But as CEO of no-code insurance platform INSTANDA, he also knows those excuses are wearing thin INSTANDA’s co-founder and CEO Tim Hardcastle has a straightforward approach to transformation: he believes every insurer in the world can operate and behave like a Lemonade – the well-regarded startup that offers insurance driven by...

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Exclusive: The good, the bad and the ugly – Andreas Burner, SmartStream in The Insurtech Magazine
Aug11

Exclusive: The good, the bad and the ugly – Andreas Burner, SmartStream in The Insurtech Magazine

SmartStream’s Chief Innovation Officer Andreas Burner oversees the company’s research into AI that can identify bad and missing data for reconciliation purposes. In insurance, dirty data isn’t just a financial burden but, increasingly, an ethical one In June, the US-based Center for Economic Justice singled out the insurance sector as being particularly unimaginative and slow-moving in its approach to data bias. “In an era of big data...

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Exclusive: Getting CX Purrfect – Charlotte Halkett, Bought By Many in The Insurtech Magazine
Aug11

Exclusive: Getting CX Purrfect – Charlotte Halkett, Bought By Many in The Insurtech Magazine

The biggest insurtech fundraise so far in the UK was secured by a pet insurer in the middle of a pandemic. So what has Bought By Many got that other’s haven’t? We asked its Chief Commercial Officer Charlotte Halkett. Back in 1890, a Swedish gentleman by the name of Claes Virgin had the idea of insuring horses and other animals that ploughed the country’s fields and pulled its carriages. An instant hit, his policies were based on the...

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Exclusive: RU there? – Brendan Moore, Zipwhip in The Insurtech Magazine
Aug10

Exclusive: RU there? – Brendan Moore, Zipwhip in The Insurtech Magazine

Texting has been around ever since we learned to use our ‘phone thumb’. Now  that it’s about to make a giant leap in sophistication, it’s time insurers got the message, says Zipwhip’s Vice President of Enterprise Sales Brendan Moore Increasing the number of touch points and frequency of interactions with customers is becoming a key means of differentiation for insurance companies, as well as a way of reducing risk and improving the...

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EXCLUSIVE: How to stay top dog in insurance – Mike Fulton, Nationwide in “The Insurtech Magazine”
Aug10

EXCLUSIVE: How to stay top dog in insurance – Mike Fulton, Nationwide in “The Insurtech Magazine”

Fortune 100 company Nationwide keeps its #1 position in the US pet insurance market through continuous investment in emerging technologies and insurtech startups, as Vice President Mike Fulton explains. America’s Nationwide has a long and noble pedigree as an insurance and financial services provider. A mutual, set up in 1925 to protect Ohio farmers, it’s morphed into a Fortune 100 company through expansion and acquisitions,...

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Smarter & Better Payments – How do Financial Institutions Migrate to ISO 20022, Hit Deadlines & Create New Business Opportunity?
Aug06

Smarter & Better Payments – How do Financial Institutions Migrate to ISO 20022, Hit Deadlines & Create New Business Opportunity?

DANIEL BARDINI, Managing Director – Financial Messaging at Bottomline Technologies What is ISO 20022 & how will it transform payments? In 2004 it was decided that the previous format of SWIFT’s message type (MT) wasn’t going to be ‘fit for purpose’ for the evolving demands of ambitious payments innovation, and so a new standard was needed. When MT was first created, payment messages didn’t have to carry a large amount of...

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Exclusive: ‘Stand-up, fall-down comedy’ – Ali Paterson, Fintech Finance in “The Fintech Magazine”
Jul22

Exclusive: ‘Stand-up, fall-down comedy’ – Ali Paterson, Fintech Finance in “The Fintech Magazine”

Ali Paterson has spent his pandemic binge watching HBO’s hit hi-tech show Silicon Valley. Here’s what it taught him… Like many people during lockdown, I’ve been spending far too much time on Netflix. Specifically, anything related to COVID-19 explained, documentaries on disease control and the next big pandemic, with some incredible interviews with people who have made it their life’s work to study what we are now facing.  One common...

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Exclusive: ‘Crowd pleasers’ – Smarterly & Money Dashboard in “The Fintech Magazine”
Jul21

Exclusive: ‘Crowd pleasers’ – Smarterly & Money Dashboard in “The Fintech Magazine”

What persuades fintech startups and scaleups to go down the crowdfunded route? Veteran money raisers Smarterly and Money Dashboard discuss strategy, paybacks and surprises with Seedrs and Crowdcube. Back in 2018, two British challenger banks acquired unicorn status after successful investment rounds. They were Monzo and Revolut – fintechs par excellence, with similar products and similar visions for the digital future of British...

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Exclusive: ‘The show must go on’ – Emily Camara, RBR in “The Fintech Magazine”
Jul20

Exclusive: ‘The show must go on’ – Emily Camara, RBR in “The Fintech Magazine”

The Fintech Magazine: Physical events were obviously one of the first activities to be suspended when the pandemic started, so can you tell us how RBR’s strategy has had to evolve in 2020? Emily Camara: RBR has always been, and continues to be, passionate about the value of physical conferences. Bringing people together and sharing knowledge is core to our offering and, quite simply, you cannot beat face-to-face interaction. Our event...

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Exclusive: ‘Age of reason’ – Paul Lindsay, free2 in “The Fintech Magazine”
Jul17

Exclusive: ‘Age of reason’ – Paul Lindsay, free2 in “The Fintech Magazine”

Why do boomers have such a hard time getting unsecured loans when many have guaranteed pension income? The same question occurred to Paul Lindsay, so he set out to answer it with free2. The cliché of the flat-capped pensioner tending his allotment, or the silver-haired couple spending weeks sipping wine on a cruise ship are just that – clichés. The reality is that, while the number of over-55s in the UK is growing, they’re...

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Heralding a new dawn of social commerce
Jul16

Heralding a new dawn of social commerce

Nick Corrigan, UK&I MD of Global Payments While lockdown measures start to ease in the UK and non-essential shops, pubs and restaurants have been given the greenlight to gradually reopen, it would be remiss not to look back at the massive upheaval they have faced and how the future may not be the same as we once knew. In the face of real uncertainty, we have seen all kinds of merchants shift their business models, practically...

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Post-COVID consumer finance trends – Acxiom
Jul15

Post-COVID consumer finance trends – Acxiom

Chris Vinnicombe, Acxiom The COVID-19 pandemic has been defined by speed. Governments responded with historic fiscal policies and extraordinary restrictions on civil liberties. Citizens responded with incredible levels of adherence to restrictions on movement, social participation and leisure outside the home. Businesses responded remarkably quickly to increase supply and facilitate delivery of essential products, protect health and...

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Exclusive: ‘A moment that matters’ – Carole Layzell, Nationwide in “The Fintech Magazine”
Jul15

Exclusive: ‘A moment that matters’ – Carole Layzell, Nationwide in “The Fintech Magazine”

With a branch in most neighbourhoods, Nationwide has made a virtue of being the bank on the street where you live. So we asked Channel Service Director Carole Layzell how a massive swing to online channels during the current crisis is affecting it. Nationwide, the world’s largest building society and one of the UK’s few remaining mutuals, prides itself on being there for the ‘moments that matter’. And, right now, the 130-year-old...

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Fintech Finance presents: Building a Bank for the Future in Association with Banking Circle
Jul15

Fintech Finance presents: Building a Bank for the Future in Association with Banking Circle

In this super-special supplement, we are very proud to present: Building a Bank for the Future in Association with Banking Circle “If anybody in a bank is telling you they know what the bank’s going to look like in five or 10 years and can guarantee their market, then I think they may be in for a shock” Elliott Limb of Mambu We take a deep dive into all how to build a bank, not for a predicted future, but a bank that...

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Compose the bank you want to be
Jul14

Compose the bank you want to be

Composable banking enables affordable, fast change so that its proponents can constantly evolve to thrive not just today but tomorrow, writes Eugene Danilkis – Mambu When a new company launches, it’s a rare beast that is fully formed. More usual is for the launch version to feature just the core product, which is added to over time as the company matures. So it is with banking. Over the past few years, we’ve seen first...

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How financial services companies can respond now and plan for the future
Jul14

How financial services companies can respond now and plan for the future

Mike Sloman, SVP of business development at Teleperformance The COVID-19 pandemic has disrupted the financial services sector, forcing traditional and online banks to recalibrate their business models and make the unprecedented transition to remote working overnight. At the very time financial organisations had to close all offices and call-centres, they witnessed a surge in call volumes from anxious businesses and members of the...

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Exclusive: ‘More please for SMEs!’ – Jason Oakley, Recognise in “The Fintech Magazine”
Jul14

Exclusive: ‘More please for SMEs!’ – Jason Oakley, Recognise in “The Fintech Magazine”

The pandemic has highlighted how traditional financial services are failing six million or so SMEs that together create the majority of wealth and employment. Neglected and hungry for change, they deserve better – and Recognise is determined they get it, says CEO Jason Oakley. Across the world, small business owners are lying awake at night to the sound of economies crashing to the ground. Many who, even at the best of times, walk a...

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Exclusive: ‘A year of challenge, a year of change’ – Anders la Cour, Banking Circle in “The Fintech Magazine”
Jul14

Exclusive: ‘A year of challenge, a year of change’ – Anders la Cour, Banking Circle in “The Fintech Magazine”

Now more than ever, a financial utility is needed that provides banks and others with a ready-made way to offer real-time settlement for businesses, says Banking Circle CEO Anders la Cour. Six months in and 2020 has proved just how unpredictable life, business and banking can be. How can a business of any size plan and prepare for the realities of a pandemic, with little to no warning and lingering uncertainty regarding the resumption...

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4 Payments Trends Every Merchant Needs To Watch
Jul14

4 Payments Trends Every Merchant Needs To Watch

Payments is a source of innovation, and as with all innovation, the agile, efficient and fast will adapt and thrive while many other merchants will play catch-up and face diminished margins. Rob Lincolne, founder and CEO of PayDock, highlights four trends that merchants must know to stay ‘in front’ of the wave and outpace and outmanoeuvre their competitors   It’s easy to forget that while the concept of exchanging value is old,...

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Finland moves to amplify the use of e-invoices
Jul14

Finland moves to amplify the use of e-invoices

Gabriel Pezzato, Regulatory Counsel at Sovos In April 2020, Finland introduced legislation changing their e-invoicing regulation, effectively granting to B2B buyers the right to request a structured e-invoice from their suppliers. Initiatives that promote the use of electronic invoices are gathering pace across the globe with varying levels of involvement in the process by tax authorities, but with a vast array of different set ups...

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INCUMBENTS, CHALLENGERS, FINTECHS AND BIGTECHS: working together for post-COVID banking success
Jul13

INCUMBENTS, CHALLENGERS, FINTECHS AND BIGTECHS: working together for post-COVID banking success

This article originally appeared on Banking Circle Banking Circle recently hosted a webinar to debate the challenges of the emerging post-COVID world, and how financial services providers can work together for the best results. Featuring a group of experts from incumbent and challenger banks, the live debate was hosted by author, advisor and commentator on digital financial services, David Birch.  As well as discussing life after...

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Exclusive: ‘Executive measures’ – Dexter Cousins, Tier One People & Alex Chirica, Broadgate Search in “The Fintech Magazine”
Jul13

Exclusive: ‘Executive measures’ – Dexter Cousins, Tier One People & Alex Chirica, Broadgate Search in “The Fintech Magazine”

Senior fintech recruitment specialists Dexter Cousins of Tier One People and Alex Chirica of Broadgate Search on when and why you should hire a banker. For the first few weeks of the COVID-19 crisis, millions of people across the country found themselves subjected to a crash-course in epidemiology: viral r-rates, ‘the curve’, and dramatic graphs comparing death rates across the world. Over the final few weeks of the same crisis, it’s...

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Exclusive: ‘Spotting the difference’ – Brett Beranek, Nuance Technologies in “The Fintech Magazine”
Jul10

Exclusive: ‘Spotting the difference’ – Brett Beranek, Nuance Technologies in “The Fintech Magazine”

Imitation might be the sincerest form of flattery – but not when it comes to customer authentication. Brett Beranek, Vice President and General Manager for Security and Biometrics at Nuance Technologies, says there is only one way to stay ahead of the deepfake masters and that’s to employ the same technology as they do. We’ve seen Carrie Fisher come back from the dead as Princess Leia, and Donald Trump apparently give speeches that...

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Regulatory Spotlight – EU
Jul09

Regulatory Spotlight – EU

The demands of building a comprehensive regulatory structure are multiplied when we consider the EU. There are advanced fintech nations among the European Union’s 27 member countries, those with strong foundations when it comes to cryptocurrency and blockchain. And there are also those countries lagging far behind the curve.  That makes regulating cryptoassets at a supra-national level extremely challenging to negotiate.  And it’s one...

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Exclusive: ‘Next-level normal’ – Gulru Atak, Citi and Andreas Burner, SmartStream in “The Fintech Magazine”
Jul09

Exclusive: ‘Next-level normal’ – Gulru Atak, Citi and Andreas Burner, SmartStream in “The Fintech Magazine”

Citi’s Gulru Atak and SmartStream’s Andreas Burner discuss how COVID-19 is propelling use cases for artificial intelligence in financial services, and how the best approach lies in collaboration between human and machine. COVID-19 has triggered a ‘new normal’ in many aspects of our lives, and banking is no exception. Previously unseen patterns in data, which have torpedoed normal forecasting, together with widespread disruption to...

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Exclusive: ‘How a ‘hacker’ mindset is responding to COVID-19′ – Lubaina Manji, Nesta Challenges in “The Fintech Magazine”
Jul08

Exclusive: ‘How a ‘hacker’ mindset is responding to COVID-19′ – Lubaina Manji, Nesta Challenges in “The Fintech Magazine”

Lubaina Manji, Senior Programme Manager at Nesta Challenges, on the transgressive fintechs taking their place on the financial frontline and how it’s supporting the new wave of responders. It’s widely recognised that banks are now comfortable collaborating, rather than competing, with the UK’s fintechs and I believe one of the main factors behind this is a fintech’s agility and ability to quickly pivot. It’s these same qualities that...

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Exclusive: ‘Moving on… and up’ – Ciaran Chu, ACI Worldwide in “The Fintech Magazine”
Jul07

Exclusive: ‘Moving on… and up’ – Ciaran Chu, ACI Worldwide in “The Fintech Magazine”

The pandemic has prompted banks and payment intermediaries to scrutinise operations as many accelerate planned transitions to a Cloud environment. Here, Ciaran Chu, Head of Public Cloud at ACI Worldwide, talks through some of the key considerations. The COVID-19 pandemic has catalysed a behavioural shift towards contactless, digital and wallet payments as users avoid going out to ATMs and bricks and mortar bank branches. Recent data...

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Exclusive: ‘Citi in the Cloud’ – Stuart Riley, Citi in “The Fintech Magazine”
Jul06

Exclusive: ‘Citi in the Cloud’ – Stuart Riley, Citi in “The Fintech Magazine”

Citi was one of the first big banks to adopt a private Cloud – or on-premise infrastructure – to help it respond to a changing client profile. Stuart Riley, who leads the Institutional Clients Group Operations and Technology team, discusses how it helps shape the bank’s approach to payments. A growing number of financial institutions are cautiously unlocking the potential in Cloud technology to boost services and customer experience –...

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Exclusive: ‘Way to make banking better’ – Deniz Güven, Mox in “The Fintech Magazine”
Jul03

Exclusive: ‘Way to make banking better’ – Deniz Güven, Mox in “The Fintech Magazine”

New virtual bank Mox isn’t keen on conventional numbers, be it the metrics used for market share or the 16 digits on a card. There’s only one big one that bothers CEO Deniz Güven and he’s tearing up the rule book to eliminate it. In scoping the market for a radical new approach to banking in Hong Kong, global financial player Standard Chartered compiled a list of things that frustrated customers about legacy systems. There were 87...

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Exclusive: ‘Cloud control’ – Nuno Sebastião, Feedzai in “The Fintech Magazine”
Jul02

Exclusive: ‘Cloud control’ – Nuno Sebastião, Feedzai in “The Fintech Magazine”

Feedzai has worked with Cloud-native Mox as it prepares to launch as one of Hong Kong’s first virtual banks. Here, Feedzai CEO Nuno Sebastião reflects on, among other things, which challengers are best placed to succeed, and how Clouds are changing the industry Feedzai is a market leader in developing machine learning technology to combat fraud and counts major banks and financial institutions across the world among its strategic...

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Exclusive: ‘Building for an unknown future’ – Elliott Limb, Mambu in “The Fintech Magazine”
Jul01

Exclusive: ‘Building for an unknown future’ – Elliott Limb, Mambu in “The Fintech Magazine”

Composable and collaborative are the watchwords for the new normal in banking, according to Elliott Limb, Chief Customer Officer for Cloud-native banking and lending software-as-a-service provider, Mambu. “If anybody in a bank’s telling you that they know what the bank’s going to look like in five or 10 years and can guarantee their market, then I think they may be in for a bit of a shock,” says Elliott Limb.  As chief customer...

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Exclusive: ‘A fintech box set’ – Laurent Nizri, Paris FinTech Forum in “The Fintech Magazine”
Jun30

Exclusive: ‘A fintech box set’ – Laurent Nizri, Paris FinTech Forum in “The Fintech Magazine”

Paris Fintech Forum ended a five-year run in January 2020, with founder Laurent Nizri (right) leaving fans on a cliffhanger. Now you can relive the last epic instalment with a special online edition, including all 150 panel debates and interviews. Hannah Duncan tuned in for her fintech (Net)fix. When we heard that Paris Fintech Forum, was coming to an end, we let out an almighty ‘NONNN!’.  Organised by the insanely well-connected...

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Exclusive: ‘Millennial millionaires and how to serve them’ – Henry Fudge, 220 in “The Fintech Magazine”
Jun29

Exclusive: ‘Millennial millionaires and how to serve them’ – Henry Fudge, 220 in “The Fintech Magazine”

The co-founder of 220, the world’s first digital ‘private members club’ bank, set out to meet the newly-gilded generation on their own terms. He let Hannah Duncan into the not-so-secret circle of the young elite. When I felt left out of Zurich’s elitist wealth management circles, I dyed my hair red and got a new tattoo. When Henry Fudge felt the same, he founded a luxury private bank.   Both of us are Welsh and both of us moved to...

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Lenders will be UK economy’s lifeline post-pandemic; but we need open banking to ramp up
Jun26

Lenders will be UK economy’s lifeline post-pandemic; but we need open banking to ramp up

Matt Cockayne, CCO of Yapily As the coronavirus-enforced lockdown starts to lift, businesses are beginning to tentatively reopen. But as lockdown rules remain enforced, it’s likely many will struggle to get revenues back to where they were pre-lockdown.  These businesses will need as much support as possible, and they’ll be looking to lenders to help them. Lenders have already approved nearly £27.5bn in bounce back and business...

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Exclusive: ‘The rainbow bank’ – Ali Niknam, Bunq in “The Fintech Magazine”
Jun26

Exclusive: ‘The rainbow bank’ – Ali Niknam, Bunq in “The Fintech Magazine”

Bunq’s founder Ali Niknam promised to take users to a world of banking that they’d never seen before. His mobile-only challenger is still on that yellow brick road and people are loving the journey. Angered by the failure of financial institutions during the 2008 recession and prompted by a sense of social duty to offer an alternative to what he saw as broken banking, serial entrepreneur Ali Niknam started working on bunq, a...

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Exclusive: ‘Free thinking’ – Babs Ogundeyi, Kuda Bank in “The Fintech Magazine”
Jun25

Exclusive: ‘Free thinking’ – Babs Ogundeyi, Kuda Bank in “The Fintech Magazine”

Babs Ogundeyi’s ‘crazy’ idea to start Nigeria’s first fully- licensed, mobile-only, fee-free bank is making perfect sense in a country where access and price are key barriers to inclusion. Less than a year in, Kuda Bank is providing not just a financial service, but a social one. When the people of Lagos, who’d been under full lockdown for five weeks, were given their socially distanced freedom, many chose not to head to a park or the...

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Exclusive: ‘Faith in numbers’ – Akmal Saleem, Rizq in “The Fintech Magazine”
Jun24

Exclusive: ‘Faith in numbers’ – Akmal Saleem, Rizq in “The Fintech Magazine”

It’s hard enough launching a new bank. That Akmal Saleem chose to launch a shariah-compliant lifestyle bank in the UK in the midst of a global pandemic, must put Rizq in the category of most ambitious startups of 2020. It was beaten out of the stocks only marginally by newcomer Niyah but, even then, it’s not exactly a crowded market: only a handful of UK providers offer banking services that strictly follow Islamic rules around money...

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Exclusive: ‘Getting to grips with  SME banking’ – Joseph Healy, Judo Bank in “The Fintech Magazine”
Jun24

Exclusive: ‘Getting to grips with SME banking’ – Joseph Healy, Judo Bank in “The Fintech Magazine”

In judo, you lift and throw opponents on their backs, pin them to the ground and apply various chokeholds or joint locks until they submit. It’s what SMEs might like to do to big banks. But Judo Bank’s co-founder Joseph Healy, has a better idea… Judo is all about using speed and agility to out-manoeuvre opponents bigger than you. What better name, then, for a challenger intent on running circles around what it sees as the lumbering...

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Reducing financial risk during uncertain times
Jun23

Reducing financial risk during uncertain times

Author: David Griffiths, CEO at FISCAL Technologies As the economic impact of the COVID-19 crisis deepens across the globe, the ability of organisations to purchase products and services in a timely and cost-efficient manner will separate the survivors from the casualties. With a whirlwind of new factors disrupting global supply and demand, such as working from home, new borders, tariffs, and supply disruptions, this inevitably means...

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Exclusive: ‘Cash meeting disasters head on’ – Ron Delnevo, The Cash Learning Partnership in “The Fintech Magazine”
Jun23

Exclusive: ‘Cash meeting disasters head on’ – Ron Delnevo, The Cash Learning Partnership in “The Fintech Magazine”

Ron Delnevo, Chairman of The Cash Learning Partnership, describes how the network for innovation in humanitarian aid is seeking fintech solutions to solve world problems. On Boxing Day 2004, shaky mobile phone images captured a catastrophe unfolding in the Indian Ocean. An earthquake in the ocean floor – one of the biggest ever recorded – propelled a deadly tsunami towards the beaches of Indonesia, Thailand and Sri Lanka. More than...

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Exclusive: ‘Xchange of value’ – Medhy Souidi, DBS in “The Fintech Magazine”
Jun23

Exclusive: ‘Xchange of value’ – Medhy Souidi, DBS in “The Fintech Magazine”

Medhy Souidi, Head of DBS’ Startup Xchange initiative, tells us why he thinks Hong Kong will continue to be a beacon for fintechs. Hong Kong has for decades been a gateway from West to East – and it’s a gate that’s mostly swung both ways. The current political standoff over China’s apparent dismantling of the one-country-two-systems framework, threatens to knock it off its hinges. The US has warned it will strip Hong Kong of its...

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The Future of Banking: Branchless or Not?
Jun22

The Future of Banking: Branchless or Not?

From a local real estate owner to a global financial institution There are 75 thousand bank branches worldwide. Importantly, the number is still growing, and it is clear why. The tried-and-tested branch cultivates customer loyalty, drives sales, and helps to authenticate customers in-person. It is also expensive. High operational costs were one of the primary reasons for the creation of first branchless banks in the first place. ...

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Exclusive: ‘Tear down the wall!’ – Stefan Moller, Klar, Pablo Cuaron, Mastercard & Tory Jackson, Galileo in “The Fintech Magazine”
Jun22

Exclusive: ‘Tear down the wall!’ – Stefan Moller, Klar, Pablo Cuaron, Mastercard & Tory Jackson, Galileo in “The Fintech Magazine”

Now, more than ever, fintechs and enablers of Mexico’s new digital financial infrastructure will have to work hard to bring forward services that Mexicans desperately need in the wake of COVID-19. Neobank Klar’s Stefan Moller, Mastercard’s Pablo Cuaron, and Galileo’s Tory Jackson look at what’s being done to dismantle the barrier created by financial exclusion. Mexico has endured a litany of unflattering caricatures over the years....

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