Innovation in Financial Services

2016: Fintech’s breakout, formative year

02 Jan 2017

Reading your Facebook news or Twitter feed you’d have to conclude that 2016 was a pretty awful year, but by all accounts, Fintech had easily its best year yet. In 2015 we saw a net investment in Fintech ventures that has been estimated at $22.3[1] Billion in total, but by January 2016 some $7 Billion[2] had already been invested into the sector gl...

Innovation in Financial Services

The day I realized Fintech was becoming just the same as everything else

25 Oct 2016

I've been in Fintech since before we called it Fintech. Some would say that Fintech has been around for decades, as soon as Bank of America deployed ERMA (Electronic Recording Method of Accounting) in the 1950s, but even though the term was commonplace by 2009 amongst practitioners, the term Fintech got very little industry use until 2013, and the...

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Innovation in Financial Services

Predicting the future is hard, but online surveys are useless trending indicators

19 Dec 2015

A recent study by YouGov and ACI Worldwide seemed to suggest that the whole digital disruption of banking thing all adds up to a hill of beans. The study which says that mobile banking and payments are basically a bust, seems to indicate that consumers aren’t using the tech that banks and FinTech’s are rushing to implement. The data to support thi...

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Innovation in Financial Services

Innotribe's blockchain keynote gets swamped

12 Oct 2015

In Singapore this week, the incredible response to the discussion on the “blockchain” at SIBOS Innotribe is indicative of a massive shift taking place globally in banking today. FinTech, or Financial Technology, is taking over the world of banking and financial services as most of what we’ve thought of as banking is now simply become software. Sof...

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