Personal identity: Bringing control and enjoyment to finance No two humans are the same, and FinTechs are beginning to reflect this through revolutionary offerings. One of our clients, Hong Kong-based Mox, gives its customers personalized insights on their spending. Another client from Europe, Doconomy, is literally changing the world by empowering the climate-conscious to understand … Read more
It’s almost unfathomable to business owners that governments could be drivers of innovation. And yet, open banking is proof that it’s possible: since open banking APIs launched in October 2018, they have supercharged the innovation of financial services across Europe. Open banking APIs mean that banking data is no longer hidden inside proprietary systems. Now, … Read more
Full transcript of the episode is available here. Do you remember what transactions were like before internet banking? They were expensive, took multiple days to transfer, and had to be done directly from bank branches. But for some communities in 2021, this is still the norm. Internet banking isn’t available in countries like Nigeria. In addition, … Read more
Embedded finance is about taking products that are traditionally thought of as being banking services — such as checking accounts, loans, insurance and more — and abstracting them into a service package that any company can offer as an additional revenue stream to their customer base. Soon enough, nearly every aspect of traditional banking will become … Read more
Full transcript of the episode is available here. “For many years, banks told us how to deal with them. They said, ‘if you’re going to deal with our bank, you’re going to go to our brunch. You’re going to ring our telephone number. You’re going to use our digital channel and you’re gonna use our paperwork.’ … Read more
Full transcript of the episode is available here. Fintech has a new target in its sights: routine business admin. Many businesses continue to spend significant amounts of time on recurring tasks that, until now, have required interactions with financial institutions. We sat down with Nick Keller, CEO of tomato pay, and Kevin Stefton, co-founder of … Read more
Full transcript of this episode is available here. After a basic introduction to the crypto world and an explanation of its most-used terms, we are here again for a second crypto episode! David Stancel, our cryptocurrency expert here at Vacuumlabs, and CTO at Fumbi, returned to join Banking on Air host Helene Panzarino. This time, they … Read more
Over the years, our engineers have worked with long-standing banks, helping them to digitalise their service. Whether it’s world-leading institutions like Standard Chartered and Raiffeisen Bank, or award-winning scale-ups, we’ve seen it all. And often, we’ve found it’s the mindsets, not the machines behind a product’s success. While there’s no one-size-fits-all formula, we’ve identified seven … Read more
Full transcript of this episode is available here. A seamless challenger bank experience, with the long-standing loyalty and brand awareness of an incumbent? It sounds too good to be true. It normally is. If dragons could create successful unicorns, the rewards would be immense. Imagine the scalability, efficiency and agility of a challenger if they held … Read more
A well-researched study First of all, the Citi GPS study is very well researched and written. Gone are the times of Bitcoin being called “fraud” or “rat poison squared” by major banks’ CEOs and celebrity investors. Citi’s report was written by a team of six professionals that know their subject matter. Moreover, the team consulted … Read more
