9NG75YGTRC.jpg

FinTech Pulse

If It’s So Good, Why Hide It? Invisible PFM - A New Take on Money Management

Banking has gone undercover and it’s been a long time coming. We want our banks to do a lot for us, but it transpires that the less you can actually see your bank doing for you, the better.

So, it begs the question: why would banks suddenly decide to assume the Good Samaritan role after all this time? Sheer benevolence or is there something in it for them too?


Read More

Topics: Personal Financial Management (PFM), PFM, digital banking, personalized finance

Author: Aoife Crean on Jun 29, 2017

Dear Banker, We Need to Talk About UX

Design has changed (and even transformed) a lot of industries: music, technology, electronics, fashion. And not surprisingly,  the financial industry is not immune to their impact.

The reality is that more agile and digital-only banks like N26, Moven and Simple, are fundamentally changing the relationship people have with banks.  Digital only-banks have reshaped what used to be a simple transactional relationship and if big banks want to follow suit, user experience is where they need to excel. Given rapidly evolving needs and consumer behavior, banks should start creating humanized digital experiences today's consumers expect.

Read More

Topics: Digital Transformation, user experience, digital banking, design for finance, personalized finance

Author: Vaida Pakulyte on May 23, 2017

Home Is Where the Helping Hand Is. Finovate Spring: Proptech and AI

It was a pleasure to take part in Finovate Spring this year in sunny San Jose, and have the opportunity to meet and catch up with all the new and existing players on the FinTech circuit. Two full days of demos, lunches and networking opportunities, to share ideas and stay abreast of the latest concepts and innovations.

Of all the presentations I attended, two sparked my interest the most: Unison and Alpharank.

 

Read More

Topics: Artificial Intelligence, digital banking, AI, finovate

Author: Cesar J. Richardson, VP Sales and Operations (Americas) on May 10, 2017

The Deserving Under-Served – Shifting the Focus for Banks

The world of banking has remained unchanged for decades; when all about them were innovating and disrupting their sectors various, the bank did nothing, managing to continue its unilateral conversation to its one customer. The middle-aged man. The banking sector has done itself no favors by eliminating the woman from their branding strategy; this already eliminates 51% of the world’s population from their message and more importantly, the segment of society who makes the most purchasing decisions -85% to be precise- for the household.

Read More

Topics: SMEs, Financial services for women, digital banking, banking and millennials, segmentation, segments

Author: Aoife Crean on May 5, 2017

It’s Not About Millennials

As of 2015, the generation known as ‘millennials’ – those born between 1981 and 2005 - is the largest generation in history, surpassing the so-called Baby Boomers, one of the most important generations of our time, according to Pew Research Center. In America, there are currently more than 80 million millennials, the oldest of which will turn 36 this year, and they are expected to generate 46% of all U.S income by 2025

 

Read More

Topics: digital banking, banking and millennials, traditional banking, millennial segment

Author: Estefania Gual on Apr 18, 2017

Subscribe to Email Updates

Posts by Topic

see all