Post Tagged with: "consumer banking"

Why Having No Customers Could Be The Best Thing for Your Fintech Startup

Why Having No Customers Could Be The Best Thing for Your Fintech Startup

by December 2, 2016 at 1:19 am 1 comment

In Malcolm Gladwell’s book “David and Goliath: Underdogs, Misfits, and the Art of Battling Giants”, Gladwell asks his readers to reframe the classic biblical battle of David and Goliath. Rather than say David won despite his disadvantages in height and size, he argues David’s disadvantages should rather be seen asRead More

Pirates with Ties interview with Olivier Crespin of DBS Digital Bank

Pirates with Ties interview with Olivier Crespin of DBS Digital Bank

by December 2, 2016 at 1:00 am 0 comments

In the Pirates with Ties interview series, we are interviewing people who are leading digital transformation and innovation in major Financial Institutions, tech and telco companies. Olivier Crespin, is the Head of the DBS Digital Bank in Singapore. In this interview, he explains their strategic positioning which is built on an open architecture. WeRead More

Will Goldman Become a Verb? Watch the Marcus Ads!

Will Goldman Become a Verb? Watch the Marcus Ads!

by November 24, 2016 at 1:13 am 1 comment

Can there be something in corporate names that start with G? Why is it that GAFA has Google first? What is the tipping point that turns a corporate name into a verb? Malcolm Gladwell may have insights on these questions and a great story to tell us, as I urgeRead More

What Does The Credify Story Tell Us About Market Place Lending And $LC Stock?

What Does The Credify Story Tell Us About Market Place Lending And $LC Stock?

by November 23, 2016 at 12:00 am 2 comments

This story broke on Wednesday 15 November.  The story is that the founder of Lending Club, Renaud Leplanche, who was ousted in a scandal in May was creating a new venture to compete with Lending Club called Credify. Headlines talked about 2nd Act or Comeback. The story came out inRead More

Banking APIs: Shapes, Colors, and Focus

Banking APIs: Shapes, Colors, and Focus

by November 13, 2016 at 1:21 am 2 comments

Is an Open API much like an 24/7 Open house? Maybe it is in some ways but it can also be gated. I actually like to think of Open APIs, as Private, Open for Distribution, Open for Business. Pardon my thinking in progress as I watch and monitor the versioning, pivoting,Read More

How PFM and PSD2 Could Commoditize the Bank Account

How PFM and PSD2 Could Commoditize the Bank Account

by November 4, 2016 at 1:00 am 0 comments

Personal Finance Management (PFM) may hold the key to Consumer Fintech. Last week we reported on a Swedish PFM startup called Tink that will be able to leverage PSD2 regulations to be a layer above any bank account. Today we do a deeper dive into how PFM and PSD2 couldRead More

Marketplace Lending Is Simply Automated Asset Liability Management and That Is a Big Deal

Marketplace Lending Is Simply Automated Asset Liability Management and That Is a Big Deal

by October 26, 2016 at 1:00 am 1 comment

Image source Eons ago I managed a sales team that sold core banking systems to global banks. One sales guy was consistently the best performer. I decided to find out his secret to teach it to the rest of the sales team.  He had found a report that senior managersRead More

The Big and Scary Prize – Marketplace Lending in China

The Big and Scary Prize – Marketplace Lending in China

by October 19, 2016 at 1:00 am 1 comment

Image source This is a two part investigation. Part two will be on Friday. Big: a big and fast growing middle class and a banking sector that has been asleep at the switch on the consumer side; the idea of China as a consumer market is relatively new and ChineseRead More

Wearables for the PostBanked Hyper-Efficient Economies

Wearables for the PostBanked Hyper-Efficient Economies

by October 9, 2016 at 1:00 am 0 comments

Our thesis at Daily Fintech Advisers is that consumer banking innovation is coming from two poles – the UnderBanked and the PostBanked.  Wearables impacts the PostBanked. These economies are characterized by high productivity, high labor costs and plenty of disposable income. So people in these countries a) have the moneyRead More

Secco Bank and the Future World of MyDigitalAssets

Secco Bank and the Future World of MyDigitalAssets

by September 22, 2016 at 2:00 am 0 comments

During a webinar focused on Digital Wealth Management for one of our clients, I thought that I would poke the audience by discussing a Future World in which we all create wealth by investing in our Digital Assets. I started by referring to MyCreditScore, as a Digital asset, only becauseRead More