-236000-edited.jpg?t=1505717500869)
The future of banking is indisputably Open Banking. Open in all senses of the word: transparency, ease of access to information and a place at the table for new market players.
Open for everyone, without exception.
Topics: online banking, digital banking, open banking, PSD2, psd2 impact on banks
79% of smartphone owners admit to checking their device within 15 minutes of waking up every morning. Consumers have become hooked on digital apps like Instagram, Uber, Facebook, and Whatsapp, habit-forming products that connect the user’s problem to a solution and captivate us from the first interaction.
Topics: Digital Transformation, user experience, digital banking, design for finance, personalized finance
Change, in all its forms, brings with it concern and unrest, but also huge opportunity.
Particularly when change is imposed, it is often hard to see beyond the regulations and embrace the possibilities. Banking, having experienced relatively little change in recent times, is now on the cusp of considerable transformation in the shape of PSD2, or the Revised Payment Service Directive.
Topics: Personal Financial Management (PFM), PFM, digital banking, PSD2, personalized finance, psd2 impact on banks
Co-founding Strands came as a natural next step for me after a degree in computer science from the Technical University of Catalonia (UPC) and a PhD in Artificial Intelligence from the EPFL in Switzerland.
Prior to setting up Strands with Francisco Martin in the US, Professor Boi Faltings and I had co-created and sold a company using AI for travel planning, which at the time was a huge step in innovation.
Whilst studying computer science, I discovered that logic is a mathematical tool that allows computers to model the world with symbolic programming, to solve real world problems that require some degree of intelligence, such as planning and reasoning.
Topics: Personal Financial Management (PFM), PFM, digital banking, personalized finance
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?
Topics: Personal Financial Management (PFM), PFM, digital banking, personalized finance