FinTech can play the role of facilitator for the elderly population who is inept with the modern technology and digital solution. Check out this PPT on how Fintech testing supports this facilitation.
Veber FinTech Vs Banking consumer reportMarie Johnson
The Veber FinTech Consumer Survey was based on discovering user perceptions of Banking, a once stable and traditional industry landscape, in comparison to what we’re now seeing which is the ever changing innovative FinTech market. The survey focusses on the trends of FinTech and whether the face of traditional banking will change by 2020.
The white paper also includes video extracts from leading FinTech experts and an exclusive interview with
George Huntley, COO The Money Platform. George gives an in depth account of his FinTech startup journey and his views on the Banking industry and the rise of FinTech.
Shufti Pro identified various types of identity frauds in 2020 and as per the available information, businesses can expect an increase in criminal activities this year as well.
Early Stage Fintech Investment Thesis (Sept 2016)Earnest Sweat
Here is an example of a personal investment thesis that I created to share with venture capital firms. In this example, I provide my personal perspective on the fintech sector. For details on how I build this thesis check out my blog (https://goo.gl/CU4Qid).
Note: Some of the confidential information has been redacted for privacy.
The document discusses several technology trends in banking, including:
Mobile banking is expected to significantly increase over the next few years, with over a third of online banking customers using mobile banking by 2010. Younger generations especially expect mobile banking services from their banks. Future mobile technologies may allow payments, location-based marketing, text alerts and confirmations. Mobile devices could directly interact with ATMs to withdraw cash or make payments at checkouts.
The future of insurance distribution: New models for a digital customerAccenture Insurance
This report argues that incumbents need to embrace digital disruption, form partnerships and adopt innovative technologies to improve customer engagement and create new opportunities for growth. It introduces five new distribution models that insurers should consider, as well as six ‘lenses’ through which they can be evaluated.
Your insurance clients know that far-sighted players are already confronting the future of insurance distribution. Use this report to help them assess their options.
Data Provenance is the third of Future Agenda’s ‘World in 2030’ foresights. In our data abundant, interconnected world mutual dependencies are often at the heart of key infrastructure. In this ever-expanding environment, it is vital to ensure that data systems are trusted. This is where data provenance comes in. Knowing the origin of data can help to assess its quality, accuracy and reliability. It also allows us to assess value and ownership and could contribute to the redistribution of profit when data is resold or reused. But does ubiquitous provenance mean that we will never be able to do anything, even remotely privately, ever again? And will the benefits of greater cyber security be an adequate compensation for this?
Drawn from multiple expert discussions around the world, this foresight is one of 50 looking at the key issues for the next decade that are being shared throughout 2020.
https://www.futureagenda.org/foresights/dataprovenance/
https://www.futureagenda.org/the-world-in-2030/
Future of digital identity programme summary - 19 mar 2019 lrFuture Agenda
How we prove that we are who or what we say we are during digital transactions and interactions is set to become one of the defining features of the next stage of the human digital transformation. Today, we are living with early attempts to solve the problem that are no longer fit for purpose. At best, the multitude of different ways we login, confirm our identities, and establish trust in claims made during digital exchanges, has become profoundly inconvenient. At worst, they have left us in a connected world which is neither safe nor secure, and in which we seem to have completely lost control of our most personal information. The next generation solutions to the digital identity challenge could change all of this.
At the end of 2018, Future Agenda undertook a major project exploring the Future of Digital Identity. With the generous support of Mastercard, the Future Agenda team ran a series of expert workshops in different locations around the world that explored the key factors that are likely to shape the future of digital identity. The programme began with an initial perspective as a provocation. Participants in the workshops then gave us new, more fully formed, insights which were in turn explored further during one-to-one interviews with major stakeholders and thinkers in the space.
We are proud to launch this report of the findings of that work
We would like to extend our sincerest thanks to all of those who contributed to the programme.
As always, we consider our reports to be the start point for further conversations, and would welcome further input. If you would like to join the conversation, you can join our LinkedIn Group here. If you have any further questions or would like to have a conversation about how your organisation can best make use of our respond to the implications of the Future of Digital Identity please contact
Dr Robin Pharoah https://www.linkedin.com/in/robinpharoah,
James Alexander https://uk.linkedin.com/pub/james-alexander/0/747/617 or
Patrick Harris https://www.linkedin.com/in/patrick-harris-777767/
This is the initial perspective:
https://www.slideshare.net/futureagenda2/the-future-of-digital-identity-initial-perspective
This was the initial summary:
https://www.slideshare.net/futureagenda2/future-of-digital-identity-programme-summary-15-dec-2018-lr
Outlines the regulatory, privacy and security risks faced by FinTech companies and Financial Services firms if their digital strategy is not thought through.
Veber FinTech Vs Banking consumer reportMarie Johnson
The Veber FinTech Consumer Survey was based on discovering user perceptions of Banking, a once stable and traditional industry landscape, in comparison to what we’re now seeing which is the ever changing innovative FinTech market. The survey focusses on the trends of FinTech and whether the face of traditional banking will change by 2020.
The white paper also includes video extracts from leading FinTech experts and an exclusive interview with
George Huntley, COO The Money Platform. George gives an in depth account of his FinTech startup journey and his views on the Banking industry and the rise of FinTech.
Shufti Pro identified various types of identity frauds in 2020 and as per the available information, businesses can expect an increase in criminal activities this year as well.
Early Stage Fintech Investment Thesis (Sept 2016)Earnest Sweat
Here is an example of a personal investment thesis that I created to share with venture capital firms. In this example, I provide my personal perspective on the fintech sector. For details on how I build this thesis check out my blog (https://goo.gl/CU4Qid).
Note: Some of the confidential information has been redacted for privacy.
The document discusses several technology trends in banking, including:
Mobile banking is expected to significantly increase over the next few years, with over a third of online banking customers using mobile banking by 2010. Younger generations especially expect mobile banking services from their banks. Future mobile technologies may allow payments, location-based marketing, text alerts and confirmations. Mobile devices could directly interact with ATMs to withdraw cash or make payments at checkouts.
The future of insurance distribution: New models for a digital customerAccenture Insurance
This report argues that incumbents need to embrace digital disruption, form partnerships and adopt innovative technologies to improve customer engagement and create new opportunities for growth. It introduces five new distribution models that insurers should consider, as well as six ‘lenses’ through which they can be evaluated.
Your insurance clients know that far-sighted players are already confronting the future of insurance distribution. Use this report to help them assess their options.
Data Provenance is the third of Future Agenda’s ‘World in 2030’ foresights. In our data abundant, interconnected world mutual dependencies are often at the heart of key infrastructure. In this ever-expanding environment, it is vital to ensure that data systems are trusted. This is where data provenance comes in. Knowing the origin of data can help to assess its quality, accuracy and reliability. It also allows us to assess value and ownership and could contribute to the redistribution of profit when data is resold or reused. But does ubiquitous provenance mean that we will never be able to do anything, even remotely privately, ever again? And will the benefits of greater cyber security be an adequate compensation for this?
Drawn from multiple expert discussions around the world, this foresight is one of 50 looking at the key issues for the next decade that are being shared throughout 2020.
https://www.futureagenda.org/foresights/dataprovenance/
https://www.futureagenda.org/the-world-in-2030/
Future of digital identity programme summary - 19 mar 2019 lrFuture Agenda
How we prove that we are who or what we say we are during digital transactions and interactions is set to become one of the defining features of the next stage of the human digital transformation. Today, we are living with early attempts to solve the problem that are no longer fit for purpose. At best, the multitude of different ways we login, confirm our identities, and establish trust in claims made during digital exchanges, has become profoundly inconvenient. At worst, they have left us in a connected world which is neither safe nor secure, and in which we seem to have completely lost control of our most personal information. The next generation solutions to the digital identity challenge could change all of this.
At the end of 2018, Future Agenda undertook a major project exploring the Future of Digital Identity. With the generous support of Mastercard, the Future Agenda team ran a series of expert workshops in different locations around the world that explored the key factors that are likely to shape the future of digital identity. The programme began with an initial perspective as a provocation. Participants in the workshops then gave us new, more fully formed, insights which were in turn explored further during one-to-one interviews with major stakeholders and thinkers in the space.
We are proud to launch this report of the findings of that work
We would like to extend our sincerest thanks to all of those who contributed to the programme.
As always, we consider our reports to be the start point for further conversations, and would welcome further input. If you would like to join the conversation, you can join our LinkedIn Group here. If you have any further questions or would like to have a conversation about how your organisation can best make use of our respond to the implications of the Future of Digital Identity please contact
Dr Robin Pharoah https://www.linkedin.com/in/robinpharoah,
James Alexander https://uk.linkedin.com/pub/james-alexander/0/747/617 or
Patrick Harris https://www.linkedin.com/in/patrick-harris-777767/
This is the initial perspective:
https://www.slideshare.net/futureagenda2/the-future-of-digital-identity-initial-perspective
This was the initial summary:
https://www.slideshare.net/futureagenda2/future-of-digital-identity-programme-summary-15-dec-2018-lr
Outlines the regulatory, privacy and security risks faced by FinTech companies and Financial Services firms if their digital strategy is not thought through.
The document provides an overview of the fintech industry in Argentina in 2017. It discusses how fintech companies are satisfying the needs of millennials and young consumers who want more convenient, mobile-first banking experiences. It also summarizes the key sectors and companies in the Argentine fintech space, including payments, lending, wealth management, and more. The document concludes by stating that Argentina presents opportunities for fintech startups, especially as the government supports entrepreneurship and various accelerators provide funding for fintech companies.
15 Years of Web Security: The Rebellious Teenage YearsJeremiah Grossman
Jeremiah Grossman is the founder of WhiteHat Security, a company that helps secure websites by finding vulnerabilities in source code and production and helping companies fix them. Organized crime has become the most frequent threat actor for web app attacks according to Verizon. Many websites remain vulnerable for long periods, with 60% of retail sites always vulnerable. Compliance is the top priority for resolving vulnerabilities according to 15% of respondents, while risk reduction is the top priority for 35% of respondents.
Investment thesis & opportunities digital healthHarryBoby
(1) The document explores investment opportunities in the digital health industry, focusing on preventing and managing disease through remote monitoring, lowering healthcare costs, and tailoring medicine using digital technologies.
(2) It highlights Mediktor, a startup that uses AI and natural language processing to detect symptoms and recommend conditions/treatments, as a company disrupting the industry with recent funding and partnerships.
(3) Key investment opportunities discussed include an aging population increasing healthcare demand, UK government support for digital health including £10 billion valuation of NHS data, and the global digital health market projected to exceed $379 billion by 2024.
Delivering value through data future agenda 2019Future Agenda
Delivering value through data - final report. Throughout 2018, Future Agenda canvassed the views of a wide range of 900 experts with different backgrounds and perspectives from around the world, to provide their insights on the future value of data. Supported by Facebook and many other organisations, we held 30 workshops across 24 countries in Africa, Asia, the Americas, and Europe. In them, we reviewed the data landscape across the globe, as it is now, and how experts think it will evolve over the next five to ten years.
The aim? To gain a better understanding of how perspectives and priorities differ across the world, and to use the diverse voices and viewpoints to help governments, organisations, and individuals to better understand what they need to do to realise data’s full potential.
We are not aware of any other exercise of this scale or scope. No other project we know of has carefully and methodically canvassed the views of such a wide range of experts from such a diverse range of backgrounds and geographical locations. The result, we hope, delivers a more comprehensive picture of the sheer variety of issues and views thrown up by a fast-evolving ‘data economy’ than can be found elsewhere. And, by providing this rich set of perspectives, we aim to help businesses and governments - to develop the policies, strategies, and innovations that realise the full potential of data (personal, social, economic, commercial), while addressing potential harms, both locally and globally.
For more details see the dedicated website www.deliveringvaluethroughdata.org
Proof of immunity and the demise of privacy 2020 world in 2030Future Agenda
Public concerns about health security override worries about privacy. Governments integrate immunity and health data with national identities facilitated by digital identity platforms. Insufficient regulatory control risks the possibility of pervasive and invasive surveillance.
A pragmatic response to a pandemic is to dial up tracking, tracing and wider bio-surveillance in order to isolate the virus and manage the contagion. But this may come at a cost. Privacy advocates warn that it is precisely in times of crisis that governments focus too much on short term need without robustly exploring the potential consequences; the impact on the right to a private life or the risk of greater surveillance, for example.
This 2030 foresight explores why, while proof of immunity is just one way in which the merging of health and identity technologies can be used, it is also the catalyst for wider change. This will not only be about creating and sharing new kinds of health data but also about new access credentials. Indeed, being asked for proof of immunity could well see people being limited in their freedom of movement, not on the basis of citizenship or wealth, but on their individual health.
For more details see www.futureagenda.org @futureagenda
Disruptive trends shaping the business landscape Singapore - 21 Aug 2019Future Agenda
Future Business Trends
How will global trends disrupt business in the next decade?
Ahead of the first of three speeches / workshops in Singapore over the next few months, this is an overview of some of the key potential drivers of change for businesses.
After some up-front context on foresight it addresses four major area of potential disruption
• The Future Consumer
• Purpose of the Company
• Digital Business
• Future Organisation
If you would like more detail on any of these issues or to know more about the workshops, do not hesitate to get in touch.
Colombia InsurTech conference keynote _Delivered on 26 May 2019 (final)Alchemy Crew
In May 2019, I delivered a keynote on the future of Insurance, mostly focused on the InsurTech market trends, volumes, and profiles. These slides share the point of view I had at the time. Some things have changed. Still, I feel that many of the concepts covered are relevant. You will find drivers of growth, as well as information on a few business models I reviewed to validate my thesis.
Companies want to innovate, particularly around the Internet of Things (IoT) which Gartner claims is just 5 to 10 years away from real productivity. And they can start doing so today by watching consumers via sensor-laden connected devices.
Strategic AI in the Financial Services Industry discusses how AI is transforming the financial industry. It notes that 70% of financial firms now use machine learning, and frontrunners are achieving 19% revenue growth from AI compared to 12% for followers. Frontrunners also invest over $5 million in AI and have comprehensive AI strategies. Applications discussed include conversational AI, customer onboarding, credit scoring, and using customer data and analytics to create personalized offers. Overall, the document examines how AI is increasing efficiency, reducing costs, and enabling new revenue streams in areas like risk assessment, marketing, and advisory services.
A look inside the top 4 trends driving the FinTech industry today. How technology is impacting financial services and how they can benefit from advanced data analysis. Presented by Peter Huang, Director of Data at Beyondsoft.
The 7 Biggest Technology Trends To Disrupt Banking & Financial Services In 2020Bernard Marr
New technology changes the operations and realities of organizations in all industries when it is widely adopted. It's no different with the latest innovation introduced by artificial intelligence, blockchain, and other technology. Here we look at the 7 biggest technology trends that will disrupt banking and financial services in 2020.
Future Risk: 12 Key Issues for Insurance in the Next DecadeFuture Agenda
The insurance sector is facing major change - from both within and outside. What will be the major shifts over the next decade that have greatest impact? As part of the World in 2030 project, this is an initial view of 12 major trends that will influence insurance globally - looking across data shifts, market trends and in-sector innovations.
What do you think? Which will have greatest impact? Will it be automatic insurance? or N=1 personalisation?
Let us know your views and we can include them in an updated foresight in the next month or so.
Get in touch via douglas.jones@futureagenda.org
For more on The World in 2030 see: https://www.futureagenda.org/the-world-in-2030/
This document summarizes the growing trend of mobile payments in Asia. It outlines that Asian consumers are leading in mobile commerce, with 46% using mobile to buy goods and services. Three major forces are driving this adoption - the growth of smartphones, large unbanked populations, and a device-focused culture. However, the biggest driver is consumer demand for payment methods that are faster, more convenient, secure, and offer better value. The document provides examples of innovative mobile payment systems emerging across Asia that are meeting this demand. It concludes by discussing implications around regulation, consumer expectations, accessing new customer segments, data security concerns, and industry partnerships.
Private Banker International - Fintech SupplementLucile Mathe
The ‘IT’ Factor
How are private banks harnessing and monetizing technology?
Article from David Hamilton, CEO of eWise Group, on page 12 - The importance of aggregating, managing and using data for private banks
Mercer Capital's Value Focus: FinTech Industry | First Half 2017Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
Mobile devices have surpassed personal computers in accessing the internet globally. As mobile technology evolves, purchase paths and branding must adapt to allow consumers' invaluable mobile guides. Mobile marketing engages audiences through mobile devices in interactive and relevant ways, utilizing practices from industry players and content to start relationships and be present during consumer needs. Individuals are super-connected through smart devices, offering opportunity but also risk for brands that do not evolve with permanent access to information.
Mercer Capital's Value Focus: FinTech Industry | Second Half 2016Mercer Capital
Mercer Capital’s newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
Κεντρική Ομιλία
Dr. Markos Zachariadis, Επίκουρος Καθηγητής Διοίκησης Πληροφοριακών Συστημάτων και Καινοτομίας, Warwick Business
School & FinTech Επιστημονικός Συνεργάτης, Cambridge Digital Innovation, University of Cambridge
«Digital Ecosystems and the emergence of FinTech in the Financial Services Sector»
The document discusses several key trends and challenges facing the emerging fintech industry and business schools. It notes that fintech is growing rapidly and being shaped by new technologies like AI, blockchain, and IoT. Major challenges include navigating uncertainty from technological changes, implementing innovations while addressing regulations, and understanding local/global environments. Business schools must determine if they are adequately preparing students for careers in fintech through practical experience, industry-exposed faculty, and finance simulations. The fintech industry and business schools both face responsibilities in ensuring inclusive, sustainable and socially-relevant practices are promoted.
Digital transformation is improving both the client and advisor experience in wealth management in several ways. Technologies like chatbots, gamification, artificial intelligence and mobile apps are enhancing the client experience, while also improving operational processes for advisors. However, personal relationships remain important, so digital must be used to complement, not replace, face-to-face and telephone interactions. Younger clients are more tech-savvy, but older clients are also open to digital if it provides convenience. While robo-advice has grown, it may be more suitable for smaller portfolios rather than high-net-worth clients who demand a personal touch.
The document provides an overview of the fintech industry in Argentina in 2017. It discusses how fintech companies are satisfying the needs of millennials and young consumers who want more convenient, mobile-first banking experiences. It also summarizes the key sectors and companies in the Argentine fintech space, including payments, lending, wealth management, and more. The document concludes by stating that Argentina presents opportunities for fintech startups, especially as the government supports entrepreneurship and various accelerators provide funding for fintech companies.
15 Years of Web Security: The Rebellious Teenage YearsJeremiah Grossman
Jeremiah Grossman is the founder of WhiteHat Security, a company that helps secure websites by finding vulnerabilities in source code and production and helping companies fix them. Organized crime has become the most frequent threat actor for web app attacks according to Verizon. Many websites remain vulnerable for long periods, with 60% of retail sites always vulnerable. Compliance is the top priority for resolving vulnerabilities according to 15% of respondents, while risk reduction is the top priority for 35% of respondents.
Investment thesis & opportunities digital healthHarryBoby
(1) The document explores investment opportunities in the digital health industry, focusing on preventing and managing disease through remote monitoring, lowering healthcare costs, and tailoring medicine using digital technologies.
(2) It highlights Mediktor, a startup that uses AI and natural language processing to detect symptoms and recommend conditions/treatments, as a company disrupting the industry with recent funding and partnerships.
(3) Key investment opportunities discussed include an aging population increasing healthcare demand, UK government support for digital health including £10 billion valuation of NHS data, and the global digital health market projected to exceed $379 billion by 2024.
Delivering value through data future agenda 2019Future Agenda
Delivering value through data - final report. Throughout 2018, Future Agenda canvassed the views of a wide range of 900 experts with different backgrounds and perspectives from around the world, to provide their insights on the future value of data. Supported by Facebook and many other organisations, we held 30 workshops across 24 countries in Africa, Asia, the Americas, and Europe. In them, we reviewed the data landscape across the globe, as it is now, and how experts think it will evolve over the next five to ten years.
The aim? To gain a better understanding of how perspectives and priorities differ across the world, and to use the diverse voices and viewpoints to help governments, organisations, and individuals to better understand what they need to do to realise data’s full potential.
We are not aware of any other exercise of this scale or scope. No other project we know of has carefully and methodically canvassed the views of such a wide range of experts from such a diverse range of backgrounds and geographical locations. The result, we hope, delivers a more comprehensive picture of the sheer variety of issues and views thrown up by a fast-evolving ‘data economy’ than can be found elsewhere. And, by providing this rich set of perspectives, we aim to help businesses and governments - to develop the policies, strategies, and innovations that realise the full potential of data (personal, social, economic, commercial), while addressing potential harms, both locally and globally.
For more details see the dedicated website www.deliveringvaluethroughdata.org
Proof of immunity and the demise of privacy 2020 world in 2030Future Agenda
Public concerns about health security override worries about privacy. Governments integrate immunity and health data with national identities facilitated by digital identity platforms. Insufficient regulatory control risks the possibility of pervasive and invasive surveillance.
A pragmatic response to a pandemic is to dial up tracking, tracing and wider bio-surveillance in order to isolate the virus and manage the contagion. But this may come at a cost. Privacy advocates warn that it is precisely in times of crisis that governments focus too much on short term need without robustly exploring the potential consequences; the impact on the right to a private life or the risk of greater surveillance, for example.
This 2030 foresight explores why, while proof of immunity is just one way in which the merging of health and identity technologies can be used, it is also the catalyst for wider change. This will not only be about creating and sharing new kinds of health data but also about new access credentials. Indeed, being asked for proof of immunity could well see people being limited in their freedom of movement, not on the basis of citizenship or wealth, but on their individual health.
For more details see www.futureagenda.org @futureagenda
Disruptive trends shaping the business landscape Singapore - 21 Aug 2019Future Agenda
Future Business Trends
How will global trends disrupt business in the next decade?
Ahead of the first of three speeches / workshops in Singapore over the next few months, this is an overview of some of the key potential drivers of change for businesses.
After some up-front context on foresight it addresses four major area of potential disruption
• The Future Consumer
• Purpose of the Company
• Digital Business
• Future Organisation
If you would like more detail on any of these issues or to know more about the workshops, do not hesitate to get in touch.
Colombia InsurTech conference keynote _Delivered on 26 May 2019 (final)Alchemy Crew
In May 2019, I delivered a keynote on the future of Insurance, mostly focused on the InsurTech market trends, volumes, and profiles. These slides share the point of view I had at the time. Some things have changed. Still, I feel that many of the concepts covered are relevant. You will find drivers of growth, as well as information on a few business models I reviewed to validate my thesis.
Companies want to innovate, particularly around the Internet of Things (IoT) which Gartner claims is just 5 to 10 years away from real productivity. And they can start doing so today by watching consumers via sensor-laden connected devices.
Strategic AI in the Financial Services Industry discusses how AI is transforming the financial industry. It notes that 70% of financial firms now use machine learning, and frontrunners are achieving 19% revenue growth from AI compared to 12% for followers. Frontrunners also invest over $5 million in AI and have comprehensive AI strategies. Applications discussed include conversational AI, customer onboarding, credit scoring, and using customer data and analytics to create personalized offers. Overall, the document examines how AI is increasing efficiency, reducing costs, and enabling new revenue streams in areas like risk assessment, marketing, and advisory services.
A look inside the top 4 trends driving the FinTech industry today. How technology is impacting financial services and how they can benefit from advanced data analysis. Presented by Peter Huang, Director of Data at Beyondsoft.
The 7 Biggest Technology Trends To Disrupt Banking & Financial Services In 2020Bernard Marr
New technology changes the operations and realities of organizations in all industries when it is widely adopted. It's no different with the latest innovation introduced by artificial intelligence, blockchain, and other technology. Here we look at the 7 biggest technology trends that will disrupt banking and financial services in 2020.
Future Risk: 12 Key Issues for Insurance in the Next DecadeFuture Agenda
The insurance sector is facing major change - from both within and outside. What will be the major shifts over the next decade that have greatest impact? As part of the World in 2030 project, this is an initial view of 12 major trends that will influence insurance globally - looking across data shifts, market trends and in-sector innovations.
What do you think? Which will have greatest impact? Will it be automatic insurance? or N=1 personalisation?
Let us know your views and we can include them in an updated foresight in the next month or so.
Get in touch via douglas.jones@futureagenda.org
For more on The World in 2030 see: https://www.futureagenda.org/the-world-in-2030/
This document summarizes the growing trend of mobile payments in Asia. It outlines that Asian consumers are leading in mobile commerce, with 46% using mobile to buy goods and services. Three major forces are driving this adoption - the growth of smartphones, large unbanked populations, and a device-focused culture. However, the biggest driver is consumer demand for payment methods that are faster, more convenient, secure, and offer better value. The document provides examples of innovative mobile payment systems emerging across Asia that are meeting this demand. It concludes by discussing implications around regulation, consumer expectations, accessing new customer segments, data security concerns, and industry partnerships.
Private Banker International - Fintech SupplementLucile Mathe
The ‘IT’ Factor
How are private banks harnessing and monetizing technology?
Article from David Hamilton, CEO of eWise Group, on page 12 - The importance of aggregating, managing and using data for private banks
Mercer Capital's Value Focus: FinTech Industry | First Half 2017Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
Mobile devices have surpassed personal computers in accessing the internet globally. As mobile technology evolves, purchase paths and branding must adapt to allow consumers' invaluable mobile guides. Mobile marketing engages audiences through mobile devices in interactive and relevant ways, utilizing practices from industry players and content to start relationships and be present during consumer needs. Individuals are super-connected through smart devices, offering opportunity but also risk for brands that do not evolve with permanent access to information.
Mercer Capital's Value Focus: FinTech Industry | Second Half 2016Mercer Capital
Mercer Capital’s newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
Κεντρική Ομιλία
Dr. Markos Zachariadis, Επίκουρος Καθηγητής Διοίκησης Πληροφοριακών Συστημάτων και Καινοτομίας, Warwick Business
School & FinTech Επιστημονικός Συνεργάτης, Cambridge Digital Innovation, University of Cambridge
«Digital Ecosystems and the emergence of FinTech in the Financial Services Sector»
The document discusses several key trends and challenges facing the emerging fintech industry and business schools. It notes that fintech is growing rapidly and being shaped by new technologies like AI, blockchain, and IoT. Major challenges include navigating uncertainty from technological changes, implementing innovations while addressing regulations, and understanding local/global environments. Business schools must determine if they are adequately preparing students for careers in fintech through practical experience, industry-exposed faculty, and finance simulations. The fintech industry and business schools both face responsibilities in ensuring inclusive, sustainable and socially-relevant practices are promoted.
Digital transformation is improving both the client and advisor experience in wealth management in several ways. Technologies like chatbots, gamification, artificial intelligence and mobile apps are enhancing the client experience, while also improving operational processes for advisors. However, personal relationships remain important, so digital must be used to complement, not replace, face-to-face and telephone interactions. Younger clients are more tech-savvy, but older clients are also open to digital if it provides convenience. While robo-advice has grown, it may be more suitable for smaller portfolios rather than high-net-worth clients who demand a personal touch.
The Rise of FinTech_ How Is It Revolutionizing The Future of Finance_.pdfAnil
The evolution of FinTech (Financial Technology) drastically transformed the way traditional financial institutions – insurers and banks functioned. To thrive, global companies, retailers, and large tech giants realized the need to reinvent the value chain of financial services.
Study on The Impact And Social Implications of FintechIRJET Journal
1) Fintech has significantly impacted traditional financial institutions and services through new technologies that provide easy, convenient access to services like digital banking, peer-to-peer lending, and digital payments.
2) Fintech has improved financial inclusion through services that allow basic banking access globally, helping integrate millions into the financial system.
3) While fintech has benefits, it also faces challenges like ensuring data security, developing technological expertise, and navigating regulatory compliance.
By 2020 more than 7 billion people will be communicating and performing transactions over the web on over 35 billion devices. So how can companies effectively create a digital identity that promises security, ease and comfort for its customers? This study, sponsored by Oracle, assesses the role identity plays in the digital economy. Visit hub: http://bit.ly/1LKqXfN
Fintech Software Development: A Comprehensive Guide in 2024SeasiaInfotech2
Welcome to our fintech software development guide. Emerging technologies allow financial institutions to offer their services more quickly and efficiently to customers in a progressively mobile and web-connected world. Check out our blog now to learn more.
Markets are changing and so are the people who use them! Digital money makes sense as it provides liquidity like cash. Banks will become irrelevant as more boutique providers emerge. Most unlikely companies will provide banking services. We will all be replaced with robots and code?
On-switch: Applied Lessons on Moving up the Digital Maturity CurveCognizant
What separates digital beginners from leaders? No matter what your starting point is, our recent research sheds light on where and how much to invest, and the ROI and performance gains to expect.
This document discusses how artificial intelligence is transforming the financial services industry. It begins by describing how AI technologies like chatbots, robotic process automation, and augmented intelligence are automating tasks and creating hybrid digital-human workforces. This reduces costs and processing times. The document also discusses how fintech partnerships are bringing new digitally-based processes and helping traditional financial institutions innovate. Finally, it explains that while AI provides opportunities, financial institutions must invest in integrating technologies and developing new operating models to fully realize the benefits of AI.
The document discusses trends observed by Societe Generale's COVID-19 Trends Observatory. It covers several topics:
1) Increased digital adoption by customers and new remote working trends for businesses during the pandemic.
2) Acceleration of conversational technologies like chatbots and voice assistants to interact with customers as social distancing continues.
3) Digital is expected to play a prominent role in commercial and corporate banking post-crisis recovery, with increased focus on digitizing processes like cash management, trade finance and loan origination. Banks that can quickly implement good quality digital customer journeys will gain an advantage.
The most prevalent trend in today’s
financial services industry is the shift to
digital, specifically mobile and online
banking. In the era of unprecedented
convenience and speed, consumers don’t
want to trek to a physical bank branch to
handle their transactions. While on the one
hand, banks are releasing new features to
attract more customers and retain the
existing ones, on the other hand, startups
and neo banks with disruptive banking
technologies are breaking into the scene.
The use of Artificial Intelligence (AI) in the
banking industry can revolutionize the way
banks operate and provide services to
their customers, improving eciency,
productivity, and customer experience.
From Traditional Banking to Digital Solutions The Rise of Fintech App Develop...Techugo
In the rapidly evolving world of finance, the traditional banking landscape has undergone a significant transformation with the advent of financial technology, or fintech. Fintech has revolutionized the way individuals and businesses manage their finances, shifting the focus from traditional brick-and-mortar banking institutions to digital solutions. At the heart of this revolution lies the fintech app development , which have become indispensable tools for financial transactions, investments, budgeting, and much more. This article explores the journey from traditional banking to digital solutions and the pivotal role played by fintech app development in reshaping the financial industry.
The 5 Biggest Financial Services Tech Trends In 2022Bernard Marr
Financial services firms have undergone some tumultuous few years while digitization and the adoption of technology innovations have been accelerated. Here we look at the five biggest tech trends in the financial services sector.
The document discusses 10 key global technology trends impacting financial services: CIO as venture capitalist, cognitive analytics, industrialized crowdsourcing, digital engagement, wearables, technical debt reversal, social activation, cloud orchestration, in-memory revolution, and real-time DevOps. It provides examples of each trend being adopted by companies in various industries and countries. The trends are driving digital-led changes in the end-client ecosystem, including businesses, government, and consumers. Transaction banks need to understand and react to these trends to meet the increasing digital demands of end-clients, especially from digital native generations.
Mobile Wars: Fintech vs. Banks... and Big Tech in AmbushKatia Bazzocchi
Pure mobile banks gain users daily, as they benefit from accessible smartphone technology. Millenials are the principal users of mobile banks, and will soon be followed by Generation Z. As consumer expectations continue to be shaped by new technology and innovative consumer affairs, a full mobile strategy is key for traditional banks to maintain market share.
This document summarizes a presentation given by Indra Utoyo, the President Director of AlloBank, about customer protection in the digital banking era. The presentation discusses how everything is moving digitally, including financial services, and the opportunities and challenges this presents. It covers regulatory responses in Indonesia to encourage digital transformation while ensuring customer data privacy and security. Case studies on digital risks to consumers and AlloBank's approach to customer centricity and protection were also presented.
89% of consumers switch to a competitor after a poor CX Abhishek Sood
89% of consumers switch to a competitor following a poor customer experience, according to an Oracle study. But how can you use digital technology to improve your customers' experience?
Uncover how several prominent businesses embraced digital technologies to retain customers and increase profits. For example, Domino's Pizza had a 23% growth in profit after it allowed customers to track their deliveries online.
Discover the 4 factors that can make a digital transformation project profitable and worthwhile.
Similar to How Testing FinTech Supports Catering to the Baby Boomers (20)
While waiting for certified cloud solutions may be an option, it is also critical for clients to consider working with COTS suppliers and Systems Integration partners and begin their COTS migration journey to stay ahead of the competition.
Read more: https://www.cigniti.com/blog/cloud-migration-assurance-cots/
Blockchain payments are completed in seconds rather than days. The ability to transfer money instantaneously helps businesses be more responsive, acting on or addressing customer needs without waiting for funds to come through.
Read more: https://www.cigniti.com/blog/blockchain-pain-points-payments/
Day-In-The-Life DITL Testing Why is it important for Enterprise Customers.pptxCigniti Technologies Ltd
Enterprise customers perform Day-In-The-Life (DITL) Testing to assure that all their applications are correctly integrated and their end-to-end business processes are running as expected before going Live.
Read more: https://www.cigniti.com/blog/day-in-the-life-testing-ditl/
Oracle Fusion Cloud is one of the top ERP solutions for big and mid-size enterprises. Every quarter Oracle provides software and hardware updates for its partner cloud environments through patches.
Read more: https://www.cigniti.com/blog/oracle-fusion-patching/
Challenger banks are steadily making a dent in the customer base of the large incumbent banks by offering higher returns and value on their service offerings.
Read more: https://www.cigniti.com/blog/challenger-banks/
In this digital economy, data & analytics will increasingly harness the cloud to drive digitalization across enterprises. Cloud becomes the catalyst for this transformation and have a key
role to play.
Read more: https://www.cigniti.com/blog/digital-transformation-cloud/
Businesses can see a spike in revenue due to the implementation of hyper-personalization as it is always proven that customers are tied to the companies that provide personalized digital experiences.
Read more: https://www.cigniti.com/blog/hyper-personalization-digital-banks/
Cloud Migration Assurance should cover Digital Payment Infrastructure and Network Assurance, Digital Payment Application’s Functional and Performance Assurance, and Digital Payment Data Integrity and its Security Assurance.
Read more: https://www.cigniti.com/blog/cloud-migration-assurance-digital-payment-applications/
Evidence-based medicine assists healthcare professionals in locating, gathering, and assessing evidence, as well as guiding them through diagnosis and treatment procedures for patients, allowing them to provide additional benefits.
Read more: https://www.cigniti.com/blog/healthcare-evidence-based-medicine/
Data and analytics are the bedrock foundation of any digital transformation. They need to be looked after early on. Also, digital transformation is much more about culture and behavior change than technology.
Read more: https://www.cigniti.com/blog/succeeding-digital-transformation/
Technology support providers and in-house IT teams require a collaborative service model that includes both technology and the human component to thrive in a digital environment. &Shifting Left solves these needs by bringing knowledge closer to clients through software delivery strategies.
The current growth of AI and ML augments tester’s intellect by allowing them to swiftly access a variety of data and make better-informed decisions, as well as assist them in optimizing test techniques, selecting increased automation, and more.
Read more: https://www.cigniti.com/blog/ai-autonomous-testing/
As a result of the pandemic's transition to remote work, companies have become more exposed to malicious assaults. To combat such attacks, you must keep a close eye on developing cybersecurity trends. The main cybersecurity trends for 2022 will be discussed in this article.
Read more: https://www.cigniti.com/blog/cybersecurity-trends-2022/
DevOps has become more important than ever as businesses embark on the path to digital transformation. Here are the DevOps trends for 2022 that are predicted to impact the corporate landscape in the near future.
Read more: https://www.cigniti.com/blog/devops-trends-2022/
Shift-left Testing for Continuous Delivery of Quality and Value at SpeedCigniti Technologies Ltd
With the primary focus on ‘speed’, testing often has to suffer due to insufficient time and inadequate coverage. Shift Left testing recommends reversing the testing approach and involving system/software testing earlier in the lifecycle.
The document discusses the Maze ransomware and why it needs to be taken seriously. Maze encrypts victims' files and demands ransom payments, but unlike previous variants, it follows through on threats to publicly release stolen data if ransoms are not paid. Maze first appeared in 2019 and has been on a rampant attack spree against vulnerable businesses. It uses exploit kits and weak passwords to spread across corporate networks, encrypting and exfiltrating data in a two-pronged data breach and ransomware attack. The document warns that if ransoms are unpaid, attackers may release details of breaches, sell stolen information, inform stock exchanges and clients of hacks.
Web services allow software applications to communicate over networks using open standards like XML, SOAP, and WSDL. They face challenges around lack of trustworthiness, improper handling of client inputs, and manipulation of parameters by malicious users. Testing web services is important to detect errors early and evaluate system qualities before costly repairs are needed. Automated testing can help repeat tests efficiently and assess the functionality, performance, and scalability of web services as more clients access them.
The document discusses the biggest cybersecurity threats to watch out for in 2020. It predicts that fintech applications, mobile banking, and e-commerce platforms will be prime targets for hackers due to the financial motivation of cyber attackers. Additionally, the document states that 43% of online attacks target small businesses due to their lower security resilience. The document also discusses how the global internet may bifurcate between the Chinese-led internet and non-Chinese led internet by 2028 due to increasing technology divides. Businesses will need to ensure they comply with varied privacy and connectivity laws governing regional technologies as the internet segments.
Check out this PPT to know more what are the top most popular and effective open-source tools to assess a web application for vulnerabilities and security flaws.
Flutter is a popular open source, cross-platform framework developed by Google. In this webinar we'll explore Flutter and its architecture, delve into the Flutter Embedder and Flutter’s Dart language, discover how to leverage Flutter for embedded device development, learn about Automotive Grade Linux (AGL) and its consortium and understand the rationale behind AGL's choice of Flutter for next-gen IVI systems. Don’t miss this opportunity to discover whether Flutter is right for your project.
Using Query Store in Azure PostgreSQL to Understand Query PerformanceGrant Fritchey
Microsoft has added an excellent new extension in PostgreSQL on their Azure Platform. This session, presented at Posette 2024, covers what Query Store is and the types of information you can get out of it.
Need for Speed: Removing speed bumps from your Symfony projects ⚡️Łukasz Chruściel
No one wants their application to drag like a car stuck in the slow lane! Yet it’s all too common to encounter bumpy, pothole-filled solutions that slow the speed of any application. Symfony apps are not an exception.
In this talk, I will take you for a spin around the performance racetrack. We’ll explore common pitfalls - those hidden potholes on your application that can cause unexpected slowdowns. Learn how to spot these performance bumps early, and more importantly, how to navigate around them to keep your application running at top speed.
We will focus in particular on tuning your engine at the application level, making the right adjustments to ensure that your system responds like a well-oiled, high-performance race car.
Unveiling the Advantages of Agile Software Development.pdfbrainerhub1
Learn about Agile Software Development's advantages. Simplify your workflow to spur quicker innovation. Jump right in! We have also discussed the advantages.
SMS API Integration in Saudi Arabia| Best SMS API ServiceYara Milbes
Discover the benefits and implementation of SMS API integration in the UAE and Middle East. This comprehensive guide covers the importance of SMS messaging APIs, the advantages of bulk SMS APIs, and real-world case studies. Learn how CEQUENS, a leader in communication solutions, can help your business enhance customer engagement and streamline operations with innovative CPaaS, reliable SMS APIs, and omnichannel solutions, including WhatsApp Business. Perfect for businesses seeking to optimize their communication strategies in the digital age.
Neo4j - Product Vision and Knowledge Graphs - GraphSummit ParisNeo4j
Dr. Jesús Barrasa, Head of Solutions Architecture for EMEA, Neo4j
Découvrez les dernières innovations de Neo4j, et notamment les dernières intégrations cloud et les améliorations produits qui font de Neo4j un choix essentiel pour les développeurs qui créent des applications avec des données interconnectées et de l’IA générative.
Atelier - Innover avec l’IA Générative et les graphes de connaissancesNeo4j
Atelier - Innover avec l’IA Générative et les graphes de connaissances
Allez au-delà du battage médiatique autour de l’IA et découvrez des techniques pratiques pour utiliser l’IA de manière responsable à travers les données de votre organisation. Explorez comment utiliser les graphes de connaissances pour augmenter la précision, la transparence et la capacité d’explication dans les systèmes d’IA générative. Vous partirez avec une expérience pratique combinant les relations entre les données et les LLM pour apporter du contexte spécifique à votre domaine et améliorer votre raisonnement.
Amenez votre ordinateur portable et nous vous guiderons sur la mise en place de votre propre pile d’IA générative, en vous fournissant des exemples pratiques et codés pour démarrer en quelques minutes.
Neo4j - Product Vision and Knowledge Graphs - GraphSummit ParisNeo4j
Dr. Jesús Barrasa, Head of Solutions Architecture for EMEA, Neo4j
Découvrez les dernières innovations de Neo4j, et notamment les dernières intégrations cloud et les améliorations produits qui font de Neo4j un choix essentiel pour les développeurs qui créent des applications avec des données interconnectées et de l’IA générative.
E-commerce Development Services- Hornet DynamicsHornet Dynamics
For any business hoping to succeed in the digital age, having a strong online presence is crucial. We offer Ecommerce Development Services that are customized according to your business requirements and client preferences, enabling you to create a dynamic, safe, and user-friendly online store.
Revolutionizing Visual Effects Mastering AI Face Swaps.pdfUndress Baby
The quest for the best AI face swap solution is marked by an amalgamation of technological prowess and artistic finesse, where cutting-edge algorithms seamlessly replace faces in images or videos with striking realism. Leveraging advanced deep learning techniques, the best AI face swap tools meticulously analyze facial features, lighting conditions, and expressions to execute flawless transformations, ensuring natural-looking results that blur the line between reality and illusion, captivating users with their ingenuity and sophistication.
Web:- https://undressbaby.com/
UI5con 2024 - Keynote: Latest News about UI5 and it’s EcosystemPeter Muessig
Learn about the latest innovations in and around OpenUI5/SAPUI5: UI5 Tooling, UI5 linter, UI5 Web Components, Web Components Integration, UI5 2.x, UI5 GenAI.
Recording:
https://www.youtube.com/live/MSdGLG2zLy8?si=INxBHTqkwHhxV5Ta&t=0
Artificia Intellicence and XPath Extension FunctionsOctavian Nadolu
The purpose of this presentation is to provide an overview of how you can use AI from XSLT, XQuery, Schematron, or XML Refactoring operations, the potential benefits of using AI, and some of the challenges we face.
DDS Security Version 1.2 was adopted in 2024. This revision strengthens support for long runnings systems adding new cryptographic algorithms, certificate revocation, and hardness against DoS attacks.
Odoo ERP software
Odoo ERP software, a leading open-source software for Enterprise Resource Planning (ERP) and business management, has recently launched its latest version, Odoo 17 Community Edition. This update introduces a range of new features and enhancements designed to streamline business operations and support growth.
The Odoo Community serves as a cost-free edition within the Odoo suite of ERP systems. Tailored to accommodate the standard needs of business operations, it provides a robust platform suitable for organisations of different sizes and business sectors. Within the Odoo Community Edition, users can access a variety of essential features and services essential for managing day-to-day tasks efficiently.
This blog presents a detailed overview of the features available within the Odoo 17 Community edition, and the differences between Odoo 17 community and enterprise editions, aiming to equip you with the necessary information to make an informed decision about its suitability for your business.