I’m a bank account kinda guy

I’m a bank account kinda guy

Banks are exploring new and radical ways to offer more to their clients through digital platforms. But they shouldn’t forget the bedrock of banking.

World's best bank for financial inclusion 2017: Citi

World's best bank for financial inclusion 2017: Citi

Solving the challenge of world’s unbanked is going to take investment, innovation, and an ability to bring together key players in payments, fintech and microfinance. No bank is quite as committed to that combination as Citi.

Fintech and innovation: special focus

Fintech and innovation: special focus

From cloud technology to cashless payments, digital currencies to social media, mobile banking to FX robots… financial institutions worldwide are looking to lead technological advances while also trying to keep up with them. And as well as the cost of innovation, many organizations are finding much of their technology budgets focused on dealing with regulatory burdens. Here is the latest coverage from Euromoney.

Data talks big in Brazil – for now

Data talks big in Brazil – for now

The country’s biggest banks are working on the big data challenge. If successful, it could transform the industry and its performance. But quantifying the impact and differentiating between potential winners and losers is almost impossible.

PSD2+: A new era of opportunity

PSD2+: A new era of opportunity

The EU’s revised Payment Services Directive (PSD2) will be implemented in January 2018 and provide non-banks with free access to payment initiation from bank accounts, subject to account holder consent. PSD2 creates a new Request to Pay (RTP) capability that is of significant interest to merchants and to the fintechs providing them with payment services.

Fintech: The second wave of challenger banks

Fintech: The second wave of challenger banks

The UK has been one of the world’s key testing grounds for new financial technology thanks to London’s status as global financial centre and the UK authorities’ support for new competition to the incumbent banks they had to rescue in the crisis, but the big four banks’ central role as clearing banks has kept truly disruptive innovation away from the profitable core of retail banking, until now.

Fintech disruptors turn into incumbents

Fintech disruptors turn into incumbents

The trend for fintech upstarts to collaborate with the big banks they once sought to challenge is now so well established that the boundaries of their business models are no longer clear.

Fintech threatens the big banks’ grip on the primary markets

Fintech threatens the big banks’ grip on the primary markets

Fintech may not disrupt capital markets as quickly or as profoundly as it has retail financial services, but the incumbents should not be complacent. With regulators insisting on greater transparency and audit trails for investor allocations, the control of information that made the banks’ masters of these deals is already slipping.

Fintech: NCino offers to overhaul European banks

Fintech: NCino offers to overhaul European banks

The provider of cloud-based wholesale bank operating systems has grown fast in the US, starting with SME lending for community banks and growing to a key partner of the country’s biggest commercial lenders.

FX: SEC rejects bitcoin ETF but market remains buoyant

FX: SEC rejects bitcoin ETF but market remains buoyant

The Securities and Exchange Commission (SEC) rejected an exchange’s request to list what would have been the first bitcoin exchange-traded fund (ETF), but it might not be long before such a digital currency fund becomes reality, say commentators.

Hip-hop banking: Atomised

Hip-hop banking: Atomised

Rumours that hip hop musician will.i.am might be about to announce a tie-up with UK start-up Atom Bank raises the intriguing possibility that the man behind classics like Elephunk might be about to make board meetings even cooler than they presumably already are at the mobile-only bank.

Blockchain shifts from theory to practice

Blockchain shifts from theory to practice

Pilot projects to transact on distributed ledgers are starting to deliver lower costs, higher speeds and improved efficiency to bank customers. Blockchain may be the biggest shake up in market share the banking business has ever seen