Data Analysis

FinTech ROI Decisioning Could Use a Makeover

“Nobody ever lost money taking a profit.” – Bernard Baruch ROI. ROCE. ROIT. ROTC. While a plethora of financial calculations exist that allow companies to measure the effectiveness of spend, a key mantra holds true across all: recognizing and ensuring that any investment made should result in increased profitability, both...

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BankTech

By 2020, Wearable Payment Transaction Volume Will Reach $500 Billion Worldwide

Wearable technology increasingly gains popularity as financial institutions and technology companies have expressed optimism in payments via wearables. Samsung, for example, believes that “if there’s anything more nascent than mobile payments, it’s mobile payment via wearables. Currently, this is considered an early niche market, with gradual growth projected…” Indeed, by...

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BankTech

The CavinKare Moment of Indian Banking

An interesting discussion on payments banks happened during my recent visit to Bhopal, where I met a bank branch manager friend of mine. The branch manager – let’s call him ‘Ravi’ – wondered if I still believed in the concept of payments bank, given that three entities have dropped their...

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BankTech

Fidor Bank Acquired by France’s BPCE Groupe

France’s second largest bank, Groupe BPCE, announced the acquisition of innovative online bank, Fidor. The group signed an agreement with the key shareholders, the founders and managers of Fidor Bank AG with regard to the acquisition of their equity interests in the company. The planned acquisition of Fidor is in...

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Commerce

The Bright Future of Storeless Retail

A recent study performed by UPS suggests that more than 50% of all purchases are made online – a promising trend for the retail industry with sales growth expectations of 3.4% in 2016 over the last year, according to the National Retail Foundation (NRF) projections. Online and other non-store sales...

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