Similarly, leading disrupting actors such as Funding Circle, Transferwise, Nutmeg, and Mondo have chosen London as their home, creating a stimulating ecosystem that other fintech startups can benefit from. The British capital currently hosts 17 of the top 50 fintech companies in the world (Currency Cloud, Revolut, Property Partners, GoCardless, Elliptic, Bankable, Ebury, iZettle to mention a few), and it is [...]
Large financial institutions are challenged, because they cannot innovate from within their current business models. They are happy improving themselves gradually, but are not able to make radical changes to their operations.
aThe blockchain is the biggest opportunity for change and innovation since the Internet came along, over 20 years ago. What remains unknown is the extent to which banks will see the blockchain as a threat or an occasion. Will they repeat the same mistakes [...]
They have a real affinity with startups and, within the years, they aligned culturally and crucially their view on fintechs as a necessary part of their business models, as they have utilised fintechs to form partnerships and collaborations to bring their new products to market.
Their interest in fintech should be viewed as a massive opportunity for many fintechs to commercialise their products and services, as well as to access to invaluable mentoring schemes [...]
We have seen it already in other industries: with the massive resources available to them, the monoliths can quite easily dominate their sectors, squeezing out the little men from the market, stifling innovation just as it starts to gain traction. Is fintech doomed as well, or can we learn from other industries’ fate to save its disruptive nature?
The larger the organisation the more it costs [...]
Android Pay is actually an updated version of a Google Wallet, which was not very successful. The director of Google’s Emerging Platforms, Spencer Spinnell, disguised the value that his new payment system will bring to Europe with a lot of technical shoptalk and corporate blabla.
Next in line was Elle Kim, Vice President of Samsung Pay, obviously proud of the [...]
The more we buy online, the more gets delivered, and we want it delivered faster.
Amazon have set the bar and we can pretty much anticipate the normalisation of 1 hour delivery for goods bought online. And it will incrementally come to be.
But for the 1-hour delivery to become standardised, and we can assume it will as it is the market drives it, a lot needs to happen behind the scenes.
Will it ultimately become a contest of sorts: In the blue corner, Amazon, with the optimisation of distribution at scale with end to end service using end to end [...]