Six fintechs awarded a total of £20 million in RBS bail out funding
Six fintech firms serving the UK's small and medium sized businesses have picked up a total of £20 million in funding from the Banking Competition Remedies Board.
How FinTech is Shaping the Future of Banking | Henri Arslanian | TEDxWanChai
While FinTech is revolutionizing the banking industry and giving millions of people access to financial services for the first time, new banking models are emerging with FinTech start-ups and tech firms potentially disrupting the status quo. But business schools and universities are not preparing future bankers for these changes, says FinTech thought leader Henri Arslanian. How can designers, programmers and creative thinkers help?
Henri Arslanian started his career as a financial markets and funds lawyer in Canada and Hong Kong, after which he spent many years with UBS Investment Bank in Hong Kong. In recent years, he has been teaching graduate courses on Entrepreneurship in Finance at Hong Kong University as an Adjunct Associate Professor, and currently leads the first FinTech course in Asia. His latest book on Entrepreneurship in Finance will be published in late 2016 by Palgrave Macmillan. A member of the Milken Institute’s Young Leaders Circle, Henri is a regular keynote speaker globally on the topic of FinTech and hedge funds and currently sits on a number of finance, academic, civil society and FinTech related boards and advisory boards. Henri is fluent in English, French, Armenian, Spanish and conversational in Mandarin Chinese and has been awarded many academic and industry awards over the years, including the Governor General of Canada Gold Medal for Academic Excellence.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
PwC examines successful partnering with FinTech firms
Learn more at PwC.com – https://pwc.to/FSTopIssues
Financial services firms have to the ability to explore, experiment, and embed new technology, says PwC’s Dean Nicolacakis.
Nicolacakis, a partner in PwC’s Digital Banking and FinTech practice, notes that firms need a better process to find and develop their next big thing. It’s not easy, when “two guys in a small country away from where you live may actually have the best technologies.”
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The threat of Tech Giants to the financial services space
FinTech startups have been proving themselves as a real threat to traditional financial institutions for a few years now. However, such companies are not the only ones recently looking into the financial services space. Big tech companies such as Google and Amazon are increasingly rolling out financial products, entering them into the race against traditional financial services institutions.
What advantages or barriers do big tech firms have in comparison to fintechs entering the market?
What is the future for big tech?
Find out the answers to these questions by watching our video in partnership with KAE (http://bit.ly/2YnANDr).
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