The Future of Finance

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

Dit is de volgende financiële bubbel – en niemand heeft het erover. Een gesproken column van onze nieuwe columnist Roxane van Iperen.

Financial services and fintech startups are innovating across broad categories — in core banking, new financial services (both ones that banks traditional provided, but also ones they don’t), insurance, and investing. So what’s driving this change? And how do these startups successfully attack and compete with the big incumbent entities? What makes it possible — from new data sources that can provide more information on lending risk to being unencumbered by old legacy infrastructures?

In this talk, recorded earlier this year in London, a16z general partner Alex Rampell considers all the types of innovation in financial services, and how the market is expanding.

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FinTech--the rapid evolution of software-based financial services--is remaking Asia's banking industry, as in the rest of the world. The success of startups focused on innovations such as digital payment systems and peer-to-peer lending promises more value for individuals and businesses as financial services are delivered more efficiently, at lower cost and in a way that targets customers' specific needs. In the face of this digital disruption, traditional service providers must learn how to adapt. This panel of Asia's leading voices in financial services and technology will share their views on the rise of FinTech and its implications. How can traditional banking institutions profitably transform their legacy processes? What kind of cross-industry partnerships can ensure the health of this blossoming sector? What role should regulators play in fostering innovation while safeguarding the financial system?

Moderator
Neal Cross, Managing Director and Chief Innovation Officer, DBS Bank

Speakers
Sahil Kini, Principal, Aspada Investments
Dave McClure, Founding Partner, 500 Startups
Jon Medved, Founder and CEO, OurCrowd
Sopnendu Mohanty, Chief FinTech Officer, Monetary Authority of Singapore
Chris Wei, Executive Chairman, Aviva Asia and Friends Provident International; Global Chairman, Aviva Digital

In an age of ever changing technology, one particular important aspect of our lives has seemingly been left behind: banking. However, it seems we are now on the brink of evolving our banking system.

Tom is CEO of Monzo - a new smartphone-based bank. In 2013, he was nominated one of the top 5 Entrepreneurs under 30 by the European Commission. In 2016, he became the youngest ever CEO of a UK bank. He previously founded GoCardless, a fintech startup that has gone on to raise $25m. He blogs at tomblomfield.com and tweets as @t_blom.


This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

Jun.05 -- Antony Jenkins, 10x Banking founder and former Barclays CEO, discusses how new financial technology can will improve banking and investment.

This is the near future. www.pwc.nl/nl/banken/future-of-banking.html Things have changed. In the financial sector customers are at the centre of attention again. Technology changed a lot. And so fast that not everyone has been able to keep up. The past few years banks had a rough time adapting to the new world. They were busy with new regulations. Some were so distracted, they forgot to innovate. You can probably imagine what they went through. You want more information?

http://www.newgensoft.com/solutions/banking-finance/

How would you like to transact with your bank in 2020? On vacation - relaxing on a beach, from your home or on the go? Most of us would prefer all three where time, place and medium don't matter. Today, Banks are adapting to changing consumer behavior and are focusing on building new channels for interacting and transacting with them. The millennials in particular prefer banking anywhere, anytime and is therefore demanding innovative methods for availing banking services.

A webinar presented at AfricaCom on how cryptocurrencies are transforming financial services in Africa and providing opportunities for the underbanked.

This is the near future. http://www.pwc.nl/nl/financial-services/fintech.html Things have changed. In the financial sector customers are at the centre of attention again. Technology changed a lot. And so fast that not everyone has been able to keep up. The past few years banks had a rough time adapting to the new world. They were busy with new regulations. Some were so distracted, they forgot to innovate. You can probably imagine what they went through. You want more information?