Stats suggest the vast majority of fintechs are destined to fail – how do they handle the challenges, asks Jennifer Turton.
Senior representatives from Canadian financial institutions debated the drivers of Open Banking and their methods of implementation at last month’s Toronto event Open Banking: A Canadian Lens.
The single biggest lever for achieving success in Open Banking will be in finding the use cases and experiences that add value for customers and drive adoption.
At the Open Banking Expo Magazine Breakfast Briefing held in partnership with Equinix in London in July, there was little doubt that innovation – or the lack of it – was on the panellists’ minds.
Which countries are home to the most compelling commercial launches and how are EU-wide regulatory changes influencing development at country level?
While regulation can be credited with driving the speed of development of Open Banking in the UK, concerns lurk that more rules will follow.
With a government consultation underway and the banking sector in the middle of payments modernisation, is the door open for Open Banking in the great white north?
As Open Banking evolves beyond apps that collate customer accounts, the incentives for customer adoption are becoming clearer. Joe McGrath looks at some of the innovators creating a buzz…
Through lending and payments, the world’s technology giants have already taken a piece of the financial sector. But so far, they’ve stopped short of becoming fully-fledged banks. What’s holding them back, asks Joe McGrath. In Open Banking circles, the prospect of Google, Amazon, Facebook and Apple (GAFA) entering the mainstream…
Open Banking innovation is hitting the small business sector. Providers are forming partnerships with accountancy software providers and traditional banks to widen the options and offer much more than loans, Dippy Singh reports. Tell any start-up that they don’t need to be innovative to succeed, and they will laugh…