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FinTech Weekly Magazine

  • Branded Article

    DIGITAL ASSETS INSIGHTS With Michel Lee, Executive President, HashKey Group

    Explaining the role of digital assets in portfolios according to different institutions with the Executive President of HashKey Group.

  • Today, financial institutions face two major challenges. First, the large volume of highly sensitive information they process, such as credit card data, Social Security numbers and personal identifiers, is highly attractive bait for attackers. Second, financial organizations in the U.S. are supervised by many agencies, including the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, and have to follow stringent regulatory requirements to avoid litigation and financial penalties. Meeting these challenges is taxing, especially when customer demands for service availability keep increasing and IT budgets and staff are both limited.

  • You say you want a revolution

    “We are at the beginning of a revolution that is fundamentally changing the way we live, work and relate to one another,” according to Professor Klaus Schwabb, founder of the World Economic Forum.  In fact he is right, and the revolution is already under way, not least in my industry – private equity.

  • Is it still playtime in the sandbox?

    To support the UK fintech, the FCA launched a sandbox to bring together innovators and regulators in a less regulated environment.

  • Branded Article

    Year of the Ox

    Executive President of HashKey Group, Michel Lee shares his top digital asset trends and opportunities to watch in 2021.

  • Why are fund administrators getting fired at alarming rates?

    Private fund managers are showing an increasing penchant for firing their fund administrators. A new report by Preqin called “Preqin Special Report: Private Capital Service Providers” shows that 36% of fund managers changed their fund administrators in 2016.

  • Digital Banking - Old Wine in New Bottle?

    There was a time when digital banking was perceived as synonymous with online banking and mobile banking. Financial services industry, along with other sectors, is experiencing an explosion of digitization thanks to smartphones, tablets and access to affordable high-speed internet. The number of smart phone users is expected to equal the number of bank accounts in near future as all mobile users link their bank accounts to their smart phone and get onboard with mobile-based digital wallets and savings platform.

  • Can Blockchain be the Key to Overcoming the AML Challenge in Crypto-Currency?

    Roy Keidar of law firm Yigal Arnon & Co examines how blockchain could provide the answer to the anti-money laundering issues that crypto-currencies face.

  • Investments

    Branded Article

    Investing In Tech – A Digital Transformation?

    As we evolve in a tech-driven world, the tech industry is growing, hitting investment records and attracting investors.

  • The troublesome future of brokers: Interview with an InsurTech marketer

    The insurance industry is facing tremendous change and so are the tasks of those working in this field. We talked to Sebastian Heithoff, Marketing Manager at German InsurTech startup versicherungsberatercheck.de – a platform that looks to increase the quality of insurance brokerage and consumer decision making in the digital age.

  • London’s Fintech Scene Post-Brexit

    A year has passed since the UK voted for Brexit. Speculation has been rife on the potential impact that the Brexit vote, and the trigger of Article 50, could have on the London fintech landscape. Thus far London has maintained its pre-eminent position. In fact we are seeing growth of the tech hub in Croydon and further afield in the UK with growth in Bristol, Manchester and Edinburgh.

  • Why Banks Can’t Help But Help Fintechs

    Imagine if one of the large high street banks did actually truly innovate. Imagine if banks were somehow capable of taking the innovative lead from fintech. Imagine if your own bank outdid all fintech companies in speed, service, convenience and cost for all financial services you use, for your current account, payments, foreign exchange, savings and investing, and any other services.

    Would you stay with your cutting-edge bank or prefer to use four or five individual fintech companies? Most people would choose the convenient option of staying with their bank, right?

  • Branded Article

    10 Stock Market Investing Tips

    Investing in stocks isn’t that difficult. After all, you can invest with borrowed money, by taking out Payday Depot, for example.

  • Microservices: Redesigning the Lego

    In the not so distant past, enterprise computing relied on monolithic applications to provide access to business functions within an organization. These applications strove to meet all operational requirements through rich and ever-growing feature sets—think ERP systems.

  • How to get Private Equity “out of the dark ages”

    Alternative investments are on a tear, and no asset class has seen more growth than private equity. According to a recent study by eVestment, Assets under Administration (AUA) grew 44% from 2015 to 2016. This influx of capital has caused major ripple effects across the entire private equity landscape, with fund managers competing intensely to attract investor capital.

  • CFOs will drive transformation to align EUC models and enterprise systems

    CFOs are under increasing pressure to demonstrate with certainty that they have full knowledge of data sources used for reported statements, to rule out errors and misreporting. However, due to ubiquitous, uncontrolled and unmonitored use of spreadsheets and end user computing applications, many CFOs are struggling to offer such cast-iron guarantees. Meanwhile the role of the CFO is widely recognized to facilitate and support business strategy so that the organization can achieve its goals and objectives – be it of profitability, capital, growth or anything else. Shareholders and investors cherish these metrics too. Consequently, CFOs are routinely driving transformation projects via acquisitions, on-shoring, off-shoring, financial restructuring and such, to control and improve the business performance of their organizations.

  • Branded Article

  • "Banks, don’t behave like the boiling frog. You won’t get out alive."

    A lack of understanding and of the will to change is often described through the story of the boiling frog. The frog is said to be unable to sense the increasing water temperature and will not search for a way out of his misery – leading to his inevitable death.

  • Will Banks Ever Learn? Erm…

    A common analogy to the finance sector is the newspaper industry, and rightly so. Finance is quickly shaping up to be remarkably similar. The incumbent banks are the heavyweight newspapers – the Washington Post and Financial Times of the world. FinTechs are to banks what the growing mass of alternative news sources – blogs; e-zines; new digital-only newspapers; social media, most prominently, Twitter; and the increasing relevance of corporate content marketing – is to the incumbent newspapers.

  • 5 Important Lessons Learned About Fintech from an Industry Insider

    The FinTech revolution has become a worldwide movement in just a few years, with no sign of slowing down anytime soon. Global FinTech investments in 2015 were over double that of total investments made in 2014, indicating a surge in interest among different countries to become the FinTech capital of the world.

  • Bitcoin

    Branded Article

    How to Сhoose a Team to Develop a Mobile Application?

    Mobile applications have become an integral part of business — from startups to large corporations. However, the success of an application largely depends on who exactly is developing it. Choosing the right team is a key step that requires attention to technical expertise, experience, processes, and interaction models. One of the most promising areas today is mobile and software development in Eastern Europe — a region where many talented specialists are concentrated, offering a high level of quality at a reasonable cost. In this article, we will analyze what to pay attention to when choosing a team to create a mobile application.

  • MiFID II Compliance: Putting Communication into Context

    It is not hyperbole to say that the second Markets in Financial Instruments Directive (a.k.a. “MiFID II”) will have a profound impact on the operations of financial institutions that distribute and trade financial instruments in the EU. In fact, this legislation, which seeks to protect investors by significantly raising the standard for transparency on investment houses, will likely confound even well-intentioned trading organizations doing their best to comply with the directive, much like we are seeing with the EU's General Data Protection Regulation (GDPR).

  • 
The Big Pay-Off Of Advanced Analytics in Banking

    Why should my bank start making data-driven decisions? It’s a common question many bank executives are asking as they see the competition leveraging customer data to improve service, better segment, mitigate risk, enhance marketing messages, and drive new business opportunities.

  • Do Regulatory Questions Threaten the Rise of Fintech?

    In the past few years, investment in the Fintech sector has been exploding. In fact, between 2013 and 2014, Fintech investing tripled to grow to more than $12 billion per year. This investing is mainly due to the rapid innovation that is happening in the sector.

    However, despite the enormous possibility for growth of Fintech, the industry is now facing one distinct challenge; increased government regulation.

  • 2043: The year Britain will turn cashless
    • Current rate of decline in cash means UK could be completely cashless by 2043
    • Two-thirds (68%) of Brits avoid businesses which only accept cash
    • However, expert suggests British government is not ready to commit to being cashless