Enabling Technologies

The FinTech IPO Wave Continues to Pick Up Pace

The FinTech narrative has certainly evolved from disruption to collaboration. With the increasing incumbent activity through bank-FinTech partnerships, acquisitions, as well as growing VC funding, the global FinTech market has been maturing over the period. The recent years have been really exciting for venture capitalists around the world with major...

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Financial Inclusion

Opportunities for Financial Inclusion in China

Digital financial technology, and particularly the accelerated adoption of mobile phones around the world, has facilitated expanding access to financial services to hard-to-reach populations and small businesses at low cost and risk, according to the World Bank: Digital IDs make it easier than ever before to open an account Digitization...

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RegTech

SupTech – Regulators' Push to RegTech

RegTech as a segment has been witnessing immense interest and activity in the recent past – be it due to the huge fines for non-compliance being imposed by regulators across the world; the reputational damage resulting from these fines, especially for the large, well-known banks; or the realization of the...

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Enabling Technologies

How Cognitive, RegTech & Blockchain Are Transforming Financial Services

Vivek Bajaj, Global Vice President – Watson Financial Services Solutions, Member Industry Academy at IBM, explains why existing financial institutions have the ability to use existing data on clients to differentiate themselves, leading to the concept of contextual understanding. “In (the) old days, content used to be the king. Today,...

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Payments

API Strategy in FinServ - What Can Banks Learn from Startups?

Removing integration problems, enabling best-of-breed approach to building products and services, turning competitors into partners, improving the customer experience, making customized solutions possible… APIs will allow businesses to leverage technology with greater velocity in the future, avoiding stumbling blocks of the past and allowing them to seize opportunities for growth....

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Enabling Technologies

From Financial Capital to FinTech Capital – Maharashtra Government Invites Global FinTech Startups for Mega Innovation Challenge

Maharashtra, one of the leading Financial & Industrial destination in India is organizing the first edition of Mumbai FinTech Festival and an Innovation Challenge on June 2 and 3, 2018 at Trident Hotel, Nariman Point, Mumbai, India. MEDICI is associated as an Innovation Challenge Partner. The Government of Maharashtra is...

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WealthTech

​​Daily Review: The First Financial Markets Authority Approved Robo-Advisor Launched in New Zealand

“The designers of robo-advisor technology and the regulators of robo-advisor technology have a ways to go before robo-advisors reach their potential and deliver high-quality advice to a mass-consumer market across a broad range of financial services. Nevertheless, it is not too early to begin thinking about what comes next. For...

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RegTech

What is RegTech?

“RegTech companies support banks in adapting their business models in fast-paced environments.” – Nicolo Petrone, Head of Partnerships, Europe, MEDICI Defining RegTech and the reasons for the industry’s emergence as the hottest development of FinTech, Nicolo Petrone estimates the RegTech market potential at $100 billion. Petrone also shares the most...

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