08/07/2020
Forrester: Banks Must Choose -- Own Customers Or Power Finance
Changing customer expectations, an erosion of consumer trust, and regulatory influence will drive banking to be invisible, connected, insights-driven, and purposeful by 2030
Comment & Analysis
08/07/2020
The world has a new centibillionaire – Mark Zuckerberg
Facebook hit a record high on optimism about the release of its TikTok competitor Reels, shooting Zuckerberg's net worth over $100 billion for the first time.
08/06/2020
BMO Blue Book: Never a Better Time for High Tech to Carry the Torch
The report notes that few sectors have grown faster than Information and Communications Technologies.
08/06/2020
Mastercard Targets European Banks With New Research Platform
The platform is currently available to card issuers in Europe, with plans to roll out beyond the continent soon.
08/06/2020
Secure digital identity takes on new importance for South Africans amid lockdowns
Digital schools are also faced with resistance due to the country’s challenges, including traditional school-related fraud.
08/06/2020
Businesses lose over $1m annually due to poor data management
Indeed, ITDMs confirmed they are losing, on average, more than $1m annually due to poor data management.
08/05/2020
Fascinating Examples Of How Blockchain Is Used In Insurance, Banking And Travel
It provides a useful and highly secure way of authenticating information, identities, transactions, and more – creating a super-secure record that can be updated in real-time.
08/05/2020
Ex-Goldman veteran Marty Chavez: Virus will speed up tech takeover of Wall Street
The star exec, Latino and openly gay, was the architect of Goldman's shift to trading technology
08/05/2020
Generation Z and the Next Wave of Financial Innovation
Meaning, banks who hesitate to innovate and provide technology-driven, digital financial services will be overlooked by this next generation.
08/05/2020
Artificial Intelligence Will Never Be as Smart as Elon Musk
Even intelligent people can think stupid thoughts and say silly things, simply because they are smart.
08/04/2020
5 recent digital banking announcements in Asia and Australasia
Trends such as social media, artificial intelligence, e-wallets, open banking
08/03/2020
Finance mirrors tech monopoly behaviour
And yet Google and Facebook have 70 per cent of all traffic on the internet as well as the lion’s share of advertising revenue and profits.
08/03/2020
Banks may book higher opex on tech investment–Moody’s
It explained that the savings from the technology might still be used to develop the digital services further.
08/03/2020
Robo-Advisors Thrived Amid the Covid-19 Volatility. Here’s Barron’s Latest Robo Ranking.
Six months into a chaotic year, a typical moderately aggressive robo-advisor account was down just 2.9%, according to data from Backend Benchmarking, a Martinsville, N.J.–based firm that follows the robo industry.
08/03/2020
Top 5 Robotics and Artificial Intelligence Stocks To Buy According to Hedge Funds
This is the perfect environment to buy technology stocks which aren't negatively affected by the coronavirus induced lockdowns and economic slowdown.
08/03/2020
Positive reaction to Telkom’s financial services adventure
In SA, leading operators MTN and Vodacom have already made headway in financial services.
08/02/2020
SEI Investments: One Of The Best Growth Stocks Retirees Can Safely Buy Today
On a 12-month forward PE basis (one of the two proxies for broader market valuation I personally use) the market is "just" 38% historically overvalued.
07/31/2020
What Can Traditional Private Banks & Wealth Managers Learn From Neobanks, Wealthtech Startups?
As more and more of these new generation players appear across the globe, they are slowly chipping away at incumbent banks' market share, and not only in the mass banking and unbanked categories.
07/29/2020
Spanish Wealthtech Announces Strengthening of Social Commitment
Allfunds strengthens its commitment to Corporate Social Responsibility and joins the United Nations Global Compact, the world's largest corporate sustainability initiative.
07/29/2020
95% of banks in Asia are running on outdated core banking technology, says new research
The report added that banks that are not ready to migrate to fourth generation organic digital core technologies are unlikely to meet their digitalisation objectives and will become vulnerable to acquisition by more digitally advanced banks in the next tw