If you want to know which technologies are hot in banking, follow the money. The truly “hot” technologies in banking are the ones that financial institutions invest in—not necessarily the ones the pundits talk about.
Most of us couldn’t wait for 2020 to come to an end and welcome 2021 with open arms. It was a year marked by a pandemic that shattered the world as we knew it.
Just as financial firms are finally getting the last generation of G20 Global Financial Crisis (GFC) regulations under control, the industry has been hit with new sets of regulations around digitalization and Covid-19.
Bank merger volume was down significantly in 2020 from 2019, thanks to the pandemic. What can we expect in 2021? Here are some deals the Fintech Snark Tank would like to see.
It seems unfair to names winners AND losers in fintech for 2020. The compassionate thing to do would be to give the losers a pass because of the year we just had, right? But this is the Fintech Snark Tank, folks—pity is for pansies. Let’s get to the lists.
Some of the world’s richest people were involved in shocking predicaments this year, including a ridiculously small tax bill, fabricated coffee sales, attempts to escape Jeffrey Epstein’s long shadow and a tussle with China’s Communist Party.
It is imperative that banks incorporate climate change risks in every aspect of their day-to-day risk management, so that they are adequately capitalized and liquid to sustain unexpected losses, and so that they do not pose a threat to financial stability or to the communities they operate in.