A market research survey of more than a thousand senior decision makers in the UK, Belgium and the Netherlands — commissioned by Polish banking-as-a-service (BaaS) platform provider Vodeno — found that two-thirds of them said that BaaS is transforming financial services for the better (I find it surprising that a third didn’t, Read more…
It’s been an interesting year, to say the least, so now it’s coming to an end I can’t help but look back over an incredibly volatile period. Fintech is here to stay, but it has been a bumpy ride for some. Valuations are collapsing, frauds are rampant and there have Read more…
Back in 2019, I wrote a piece for Wired making the rather obvious prediction that in time robots would take over from people in banking just as they have done in manufacturing. Was I predicting that you would be served by an android when you go into your local bank branch a Read more…
When it comes to exploring new technologies, it is common to hear the phrase “a solution looking for a problem” thrown around the boardroom. And, of course, in many cases this is an entirely valid criticism of the pointless and redundant application of a new bit of kit, or software Read more…
And why should financial institutions, or for that matter any other businesses, care about the metaverse? I’ve seen so many different descriptions of the new cyberspace for work, rest and play over the last few months that it’s really unclear to me what most people actually mean by “metaverse”. In Read more…
David Birch has been at Identiverse, Denver this week, he will be on stage in the Aurora Ballroom tomorrow speaking about Identity and the Metaverse! David wrote an article about this exact topic after the chaos at the recent Champion’s League Final: The Identity League Final: NFTs Vs. VCs… The Read more…
You can learn a lot about someone by looking at their bank account. Apple has stepped into Open Banking in the UK by acquiring Credit Kudos. This is one of the startups that uses transaction data and machine learning to create very accurate credit ratings. They use API access to bank Read more…
We’re all familiar with Apple Pay and Google Pay and how much easier (and more secure) they make online payments, but if Apple or Google really want to replace my wallet, that means that they have to replace my driving licence, my loyalty cards, my rail discount pass, my blood Read more…
Read Dave’s recent Forbes piece ‘Transmit Me Baby One More Time’ here to find out!
With a new spectrum of possibilities opening up in a world where all banks are connected to all retailers and all consumers all of the time, the 1960s four-party party may be over. One specific gatecrasher is account-to-account (A2A) payments. These are payments that shift money from the payer’s bank Read more…