Singapore’s central bank and financial authority, the Monetary Authority of Singapore, must balance fintech disruption with a safe regulatory environment. Chief fintech officer Sopnendu Mohanty talks to Joy Macknight about walking the tightrope to innovation.
Advocates of initial coin offerings see them as a quick and simple way to raise money for blockchain-based start-ups, while sceptics warn of get-rich-quick schemes and a 'Wild West' market. Joy Macknight looks at the drivers behind this new way of fundraising.
Joy Macknight asks the group head of digital banking and innovation at Hellenic Bank, Natasha Kyprianides, to outline her digital vision for the Cypriot bank and explain how the bank is responding to the move to open application programming interfaces.
Doing a number of things to an average standard is no longer tenable for banks. They need to jettison legacy systems and old thinking, and embrace multiple partnerships with fintechs that do one thing brilliantly – or face obsolescence. By Chris Skinner.
Artificial intelligence was the hot topic in The Banker’s 2017 Technology Projects of the Year Awards, with other areas such as blockchain and mobile remaining highly contested. Each category, however, shows how innovative the financial sector has become, helped along the way by its engagement with the fintech community.
The central bank’s negative interest rate regime has hit Japan’s banking sector hard. But three local mega-institutions have shown resilience, both at home – partly through fintech investments – and abroad – by aggressive international expansion. Stefania Palma reports.