Post Tagged with: "The Tech in FinTech"

How Traditional and Emergent Fintech Could Converge and Change Finance

How Traditional and Emergent Fintech Could Converge and Change Finance

by December 7, 2016 at 12:05 am 2 comments

  Traditional Fintech is so boring – and so profitable. The question is whether these vendors will use some of those profits to transform themselves or let nimble startups with modern technology and new business models eat their lunch.  Two years ago, in December 2014, we took a look atRead More

Introducing Open API Week on Daily Fintech

Introducing Open API Week on Daily Fintech

by November 9, 2016 at 3:23 am 1 comment

This week is all about the impact of Open APIs on Finance, what we call the Programmable Bank.  This is part of a series where we look at the impact of different disruptive technologies on Finance. In the past we have covered Blockchain, Artificial Intelligence, Regtech, Chatbots, XBRL and Wearables. API standsRead More

Introducing Wearables Week on Daily Fintech

Introducing Wearables Week on Daily Fintech

by October 5, 2016 at 1:00 am 2 comments

Image source This week is all about Wearables. This is part of a series where we look at impact of different disruptive technologies on Finance. In the past we have covered Blockchain, Artificial Intelligence, Regtech, Chatbots and XBRL. Today is a background briefing on the technology and its broader implications.Read More

Wrap of Week #35: Thematic XBRL week and conversations on the Fintech Genome

Wrap of Week #35: Thematic XBRL week and conversations on the Fintech Genome

by September 6, 2016 at 12:42 pm 0 comments

Thematic week on Daily Fintech with a focus on XBRL which may sound geeky and techie, but there are interesting applications to watch. On Monday we offered an overview of the technology. We then looked at XBRL use cases for better, cheaper, and pay-as-you consume Data and Metadata. We searchedRead More

XBRL usage from Banks and Fintechs

XBRL usage from Banks and Fintechs

by September 4, 2016 at 2:00 am 2 comments

XBRL adaptation for reporting, monitoring and supervisory purposes is a broad topic that encompasses Central Banks, Regulators, Stock exchanges, individual companies (both private and public). Main relationships that can benefit from XBRL adaptation in the financial sector Central Banks can improve their favorable financing business to the banks, if theyRead More

How XBRL Is Being Used for Insurance Solvency 2 Regulatory Reporting

How XBRL Is Being Used for Insurance Solvency 2 Regulatory Reporting

by September 3, 2016 at 1:00 am 1 comment

Image source EIOPA (European Insurance and Occupational Pensions Authority) has issued a mandate for Insurance companies to report their Solvency 2 status using XBRL and as of January this year the mandate is in place. This is a good example of using XBRL for RegTech, to help regulators find thatRead More

Introducing XBRL Week on Daily Fintech

Introducing XBRL Week on Daily Fintech

by August 31, 2016 at 1:00 am 3 comments

  Its official – XBRL is boring – just look at Google Trends for XBRL vs Blockchain. At Daily Fintech, we like to dig below the hype to describe those things that are becoming important, even if the media are ignoring them today. So, today’s post describes why we haveRead More

Blockchain in Capital Markets: Emerging Use Cases II

Blockchain in Capital Markets: Emerging Use Cases II

by May 11, 2016 at 2:13 am 0 comments

Izabella Kaminska at FTAlphaville, has done an excellent job of putting the current blockchain project-users cases in perspective. She emphasizes that there is too much versioning and regressing from fundamentals; essentially heading towards a different but centralized system. She also mentions that all this versioning is introducing lots of newRead More

Blockchain in Capital Markets: Use Cases Emerge in Wholesale Finance

Blockchain in Capital Markets: Use Cases Emerge in Wholesale Finance

by May 10, 2016 at 2:02 am 3 comments

Wholesale financial services has attracted more of the talk and the very early “walk” of blockchain use cases. 15 months ago when I officially committed to Fintech content creation in Capital markets and Wealth management; I was cautious not to discuss blockchain (still not included in Word’s standard dictionary). I’veRead More

The API Movement in Robo-Advisory

The API Movement in Robo-Advisory

by May 2, 2016 at 2:06 am 0 comments

Source There are 1700 APIs (rounded) shared on the Financial Category of the Programmable Web directory, plus 1200 in payments. Government has 1150, e-commerce 2500, and mobile 2450. Xignite launched last September the #FintechRevolution API ecosystem, which is a consortium of 21 companies supporting and connecting developers with best-of-breed financial APIs. The focusRead More