FinTech

Mutually Beneficial Bank-FinTech Collaboration Models

At the recent Sibos conference in Australia, the CEO of ANZ, Shayne Elliott, touched upon an old argument in the FinTech space – disruption vs. collaboration. Initial perceptions of FinTech startups pegged them as standalone disruptors of the financial ecosystem. The consensus within the financial sector is shifting though and,...

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FinTech

India FinTech Awards 2018: The Winners

The India FinTech Forum organized India FinTech Awards (IFTA) 2018, the most prestigious FinTech awards in India, on November 30, 2018, in Mumbai. After 20 innovative FinTech product demos, Oz Forensics from Russia won the prestigious FinTech Startup of the Year trophy and a cash prize of INR 1 lakh...

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Authentication & Security

The Economic Impact of Digital Identity

More than 1.1 billion people in the world are unable to prove their identity and therefore lack access to vital services including healthcare, social protection, education, and a wide array of financial services. Among these ”invisible” people — primarily living in Africa and Asia — more than one-third are children...

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Payments

The Road to Faster Payments in the US

Now that The Clearing House’s Real-Time Payment (RTP) rail has several major banks live, when will we start to see the United States embrace faster payments? Ubiquity and the use of APIs and overlay services on top of real-time rails can move a country toward RTP adoption – just as...

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Banking

How Removing Restrictions Creates Markets

Joseph Otting, the new head of the little-known but very powerful Office of the Comptroller of the Currency (OCC) is an independent financial regulator within the Treasury Department. Recently, he expressed his desire to allow banks back into the micro/payday lending space of which regulators had forced them out of...

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