The traditional banking structure is an invitation to change, says Chris Skinner, as the world awaits the game-changing initiatives that will see us all transacting differently 10 years from now.
Latest articles from Fintech
Banks ignore big data at their peril
December 3, 2012Big data has the potential to revolutionise banks’ understanding of their customer base, allowing them to target individual business needs. But are banks ready for this new internet age?
Can you trust your IT?
December 3, 2012If a bank does not command the trust of its customers and the wider population, it is nothing. An essential foundation of that trust is a dependable and secure IT system.
Central and Eastern European Stock Exchange Group united by upgrade
December 3, 2012By the end of 2013, all of the Central and Eastern European Stock Exchange Group's exchanges will have upgraded their trading systems to Xetra. Michael Buhl, joint-CEO of the Vienna Stock Exchange and CEESEG, explains the importance of centralising systems while retaining a local identity.
The technological innovation behind making payments simple
December 3, 2012At a recent round table hosted by The Banker, a panel of industry experts discussed the changing nature of technology and innovation with regards to economic and regulatory influences. The experts also considered how these factors shape the competitive landscape and create opportunities for co-operation. The event, the last in a four-part series, was sponsored by the Royal Bank of Scotland, but independently written and edited.
Leveraging data analytics for long-term growth
November 1, 2012The senior vice-president of Experian Decision Analytics explains how to collect and use data efficiently in order to understand the customers’ financial needs.
Unified data and analytics – A new approach to risk management in the financial sector
November 1, 2012Oracle Financial Services discusses how its technology can help financial institutions better manage risk and meet compliance objectives while simultaneously reducing costs.
The age of analytics: what banks have to gain
November 1, 2012Analytics are the latest tool in banks’ armoury, helping them understand customer needs and boost efficiency. But just how does data analysis help banks gain advantage over their rivals?
Big data becomes big business for financial services firms
November 1, 2012The push for transparency, real-time information and improved risk management in financial services has led to the adoption of new computing infrastructure, which means that running a Google search to check credit risk exposure might be around the corner.
Erste CIO uses outside knowledge to lead bank's innovation
November 1, 2012Erste Bank Group’s CIO and head of group organisation and IT, Christian Gosch, explains how the bank has modernised and standardised its core banking networks to optimise its operating model across central and eastern Europe