FinTech
The age of credit cards may be coming to an end—and that’s a good thing
December 15, 2017. It’s happening, and fast: The era of the credit card, in which plastic is the standard form of payment, is coming to an end. But it isn’t being replaced by cash. Instead, it’s being replaced by a new system,...
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Asia-Pacific Fintech Market to reach US$72 billion by 2020
February 12, 2018. Active support and initiatives by financial regulators such as the Monetary Authority of Singapore, Bank Negara Malaysia and Bank Indonesia has enabled the Asia-Pacific Fintech ecosystem to grow significantly in 2017. Written by Company Announcement - Originally published at this link. New...
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10 Banking Channel Metrics That Have Dramatically Changed in 10 Years
January 16, 2018. It shouldn’t be hard to convince you that the banking industry has changed dramatically over the past 10 years. The introduction of smartphones kick-started the mobile banking revolution, the financial crisis brought on a world of regulatory pain, and the emergence...
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Banks face "Kodak moment" as fintech disruption builds
November 14, 2017. LONDON, Nov 14 (IFR) - Banks are facing seismic changes from the impact of new technology that is likely to see many collapse - akin to the near-death of Kodak from its failure to move with the times, a former boss of...
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The 4 distribution models of digital financial products – Tearsheet
May 18, 2016. Distribution — well, profitable, scalable, and repeatable distribution — is key in selling financial products. LendingClub learned this lesson well: as distribution channels dried up for the firm’s consumer loans, the firm’s CEO created (and didn’t disclose) a fund that would...
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Why banks should rethink their fee models – Tearsheet
January 26, 2018. Fintech startups have better technology and ideas than banks, but they're also out to prove they're more transparent than the average bank in their products and their messagingCompanies like Amazon offering service bundles like Prime are showing the world that people are...
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‘Blood and Sand’: The moment of truth for Mobile Wallets in Asia
June 1, 2017. “The Deed of the Dying” Many ‘digital wallet” companies in Asia (ex. China) are finding it hard to demonstrate any meaningful value for the users. Wallet Players have experimented with various business models to monetize, but primary focus thus far has been...
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