Bankers Expect A Profit Bump From Open Banking
#Bankers #expect to see an increase in revenues #from #Open #Banking but it may be a competition to see who gets the customer. Will fintechs jump into the opportunity?
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Expect Prepaid to Grow, but With Fewer Cards, Mercator Says
EXCLUSIVE- Is the #prepaid card market saturated? Not quite, based on insights Sue Brown, director of prepaid debit advisory service at #Mercator Advisory Group shared with Bank Innovation. “In 2018, we will likely see #fewer #cards, but an increase in dollar loads,” Brown told Bank Innovation. According to a recent Mercator report authored by Brown, […]
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Consumers Expect Innovation to Come From Banks, Not Fintechs, Not Even Facebook
Despite all the shiny #fintechs out there, #consumers still #expect #innovation in financial services to #come directly #from #banks. Almost half of the consumers –49% of women, and 45% of men&8211; said they are most excited to see new financial product launches at banks, according to a study released yesterday by EY. All other alternatives […]
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FIs Expect Regulation to Increase Costs in 2017 (Without Doing Much Else)
How will #regulation affect financial services firms in #2017? Well, everyone agrees it will bump up #costs, according to a study by corporate finance advisor Duff & Phelps. Of 181 financial services professionals surveyed for the study, 77% of respondents said that up and coming financial regulations will #increase costs for their firms. The only other choice […]
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Fintech, the Donald and Dodd-Frank: Don’t Expect Too Much Too Soon
Should banking #expect the end of Dodd-Frank? Maybe, but probably later rather than sooner. President Trump’s stance on financial regulation has been clear from the campaign trail. Though the President has expressed a wish for the overhaul or even the removal of regulation—promising to cut 75% of the existing ones—whenRead More
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IBM: Banks Expect Commercial Blockchains By 2017
Some of the world’s #banks and financial markets are bullish on #blockchain products, new survey data shows.
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Asset Managers Expect to Be Using Blockchain in Five Years
A new survey has found that nearly two-thirds (64%) of #asset #managers #expect to #using #blockchain #technology within the next #five #years.
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Life insurance #insurtech innovation Part I: No longer an oxymoron, expect an uphill climb
Photo Credit This is a guest post by Amy Radin. It is a two-parter. The second #part is tomorrow. We have also posted it onto the #Fintech Genome to stimulate discussion there. You can find Amy’s profile on the Fintech Genome here. While most #insurance #technology startup activity in the US is concentrated in health…Read more #Life insurance #insurtech #innovation Part I: No #longer an #oxymoron, #expect an #uphill #climb
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