12/09/2022
Singlife with Aviva: Wealth Clients Prefer Human Touch
This consists of advisor-led relationships at 35 percent and hybrid relationships – a combination of digital and physical engagement – at 37 percent.
Comment & Analysis
12/09/2022
Investors Prefer Personal Advisors Over Robo or Digital Solutions In Their Wealth Management Journey
The report finds that 72% of investors prefer to retain the human touch when it comes to advisory services, consisting of advisor-led relationships (35%) and hybrid “phygital (a combination of both digital and physical)” relationships (37%).
12/08/2022
Over $400 billion has been erased from the value of Europe’s tech industry this year
That’s prompted investors to reassess their positions on lossmaking tech companies, whose values typically rest on the expectation of future cash flows.
12/05/2022
Britons shun traditional banks, as just 32% believe their bank is providing enough support with the cost-of-living
An additional 31% of those surveyed feel overwhelmed when budgeting and assessing their personal finances, although this figure rises sharply to 52% amongst those aged 18-34.
12/02/2022
BCG Creates BCG X as New Hybrid of Consulting and Tech Build & Design Capabilities
BCG X will turbocharge BCG’s deep industry and functional expertise to enable innovation at scale and deliver successful end-to-end digital transformations
12/01/2022
Go digital, why businesses need a truly digital banking solution
During the global pandemic, the adaptability and resourcefulness of our populace was on full display.
11/29/2022
Investment in B2B fintech set to continue to outpace B2C fintech in 2023, experts say
Big B2B fintech investments this year include wealth management platform FNZ raising $1.4bn; payments firm Checkout.com raising $1bn; and B2B insurtech Wefox raising $400m.
11/25/2022
The curious case of extreme fintech deals
This is indicative not of a dearth of capital per se, but of a more thoughtful investor grappling with current market conditions.
11/24/2022
Klarna CEO says firm was ‘lucky’ to cut jobs when it did, targets profitability in 2023
“We should be back to profitability on a month-by-month basis, not necessarily on an annual basis.”
11/23/2022
FIS to cut thousands of jobs - Bloomberg
"These include actions surrounding the optimization and reduction of vendor spend, the outsourcing of non-value-added activities, and reviewing and rightsizing the current workforce."
11/22/2022
Single family home market dries up
In terms of demand, which is primarily measured by the length of the advertisement, there are clear differences between German-speaking Switzerland and the rest of Switzerland.
11/18/2022
Do banks really need a new core?
This is a question I know has been heavily discussed at most banks.
11/18/2022
Barclays hopes to scoop up laid off tech workers
The Special Edition of Rise will connect participants to fintech experts to power their business ideas.
11/18/2022
Analysis: U.S. banks to pounce on fintech deals as valuations plunge
"We may buy more on the payments side," Huntington's Chief Executive Officer Steve Steinour told Reuters in an interview.
11/17/2022
Analysis-U.S. banks to pounce on fintech deals as valuations plunge
The decline presents an opportunity for Main Street banks to buy companies and beef up their technology for digital banking, online payments and other financial services and diversify beyond lending.
11/15/2022
New Banking Study Reveals Growth Benefits of Personalisation, Innovation and Trust in Customer Experience
It turns out that better customer experience strategies aren’t just a boon for banks but are associated with better business results.
11/15/2022
Klarna CEO accuses media outlets of "hypocrisy" over treatment of BNPL
The Klarna boss linked the tweet to an article by US tech website CNET on tips to spend “smarter” over the shopping season.
11/14/2022
Not all banks are created equal
Here are three ways that digital banks are setting themselves apart.
11/14/2022
Sam Bankman-Fried’s Alameda quietly used FTX customer funds for trading, say sources
Many employees and outside auditors were unaware that FTX did not have enough money to match customer withdrawals, the source says.
11/11/2022
New Zealand Government to launch open banking by 2024
Better late than never.