'Why fintech is here to stay,' David Jackson, Founder and Chief Executive Officer, FundX01/08/2016 Executive Columns
Luckily, Horace ignored this advice, and his $5,000 worth of shares were sold for a neat $12.5 million 16 years later. Though we might consider such a comment lacking in foresight now that motor vehicles are pervasive to the point of being a...
'The millennial consumer meets in the new age of fintech,' Clayton Howes, Chief Executive Officer of Consumer Fintech, MoneyMe14/07/2016 Executive Columns
From choice of distribution channels (online, please) to product design (convenient, digital, fast), this group is even influencing the way companies talk about themselves and their products in the public arena. Exaggerate even slightly, and you...
'The opportunity for peer-to-peer lending in emerging markets,' Peter Tavener, Chief Financial Officer, Beehive UAE05/07/2016 Executive Columns
With the advent of technology, however, the landscape is changing and opening up new and considerable prospects for emerging markets to accelerate growth and leapfrog other markets. One industry undergoing disruption is the field of Finance, where...
'Navigating the risks of new technology,' Matt Harris, Chief Executive, AIG Asia Pacific Insurance28/06/2016 Executive Columns
Singapore is gearing up to become the world’s first Smart Nation with the government embarking on initiatives that harness technology to improve lives and build stronger communities. Some of these scientific developments, such as autonomous vehicles...
'Investing in something that can make a difference', Adrian Johnstone, Co-founder, PractiFI07/06/2016 Executive Columns
FST Media: Who will survive the fintech revolution and why? Johnstone: The answer is “whoever best delivers a sense of belonging and engagement.” Let’s start with some cold hard facts. The recently released 2016 World Banking Report...
'Using digitisation to personalise the customer experience,' Lisa Claes, Executive Director, Customer Delivery, ING Direct31/05/2016 Executive Columns
Receiving junk mail in the post was an unavoidable hazard a couple of decades ago in the age of massmarketing. The hit and miss approach dominated the customer communication landscape, with less than optimal results for businesses and consumers...
'2020 Foresight – Artificial Intelligence, Risk and Disruption,' Mark Pesce, Author, Technologist & Futurist, Mark Pesce, futurist, technologist, author and keynote speaker26/04/2016 Executive Columns
Four years ago, IBM launched ‘Watson’, the result of a decade-long research project, which has the capacity understand ‘natural language’, and an unprecedented capacity to read and ‘digest’ electronic documents. To prove these claims, IBM...
Transforming invention into innovation by Andy Symons, Director, Retail Bank at Bank of New ZealandExecutive Columns
We are living in exciting times. As an industry it feels like we are finding our feet in a rapidly changing world. Neither we nor our customers can plan for every eventuality because the pace of change makes long-term planning projects redundant...
Constant innovation is not a choice by George Frazis, Chief Executive Officer of St George Banking GroupExecutive Columns
Innovation has been core to St George over our 75 year history. Some of these include digital signatures in branches way back in 1988, through to introduced savings, and transactional and credit card account opening via mobile late last year.
The opportunity of a generation by Peter Clare, Chief Executive Officer of Westpac New ZealandExecutive Columns
In this exciting era of change, demand for new technology is outstripping supply and changing the expectations and behaviour of customers. Traditional business models are being upended, damage to a company’s reputation is a mere tweet away and new...
Reshaping banking for the future by Philip Chronican, Chief Executive Officer of ANZ AustraliaExecutive Columns
Two big themes will dominate the way we think about financial services in the next few years. The first of these is the post-GFC operating environment: more prescriptive regulation; tougher capital and liquidity arrangements; and a subdued demand...
Digitisation the core of evolution by Stephen Roberts, Chief Country Officer of Citi in AustraliaExecutive Columns
The online technology revolution is having a profound effect on the way people and businesses manage their money. In this fast evolving age, the stakes are high for organisations to meet the expectations of clients and customers who continually...
Simplicity is the ‘next big thing’ by Vaughn Richtor, Chief Executive Officer of ING DirectExecutive Columns
There is often a misconception that innovation is about inventing ‘the next big thing’, but for me it is about simplicity. Anyone can make things complicated, but it takes real skill to make things simple. Rather than focusing on innovation for...
Transforming the way we bank by Han Kwee Juan is the Chief Executive Officer of Citibank SingaporeExecutive Columns
We live in a fast-paced world where technology and the digital space have changed our lives – from the way we learn, entertain and shop, to how we connect, communicate and do business. In an age where speed and convenience are priorities, it is...
Pushing the innovation boundaries by Michael Foong, Chief Strategy and Transformation Officer of Maybank GroupExecutive Columns
Maybank has always been proud of its innovative heritage. Over our 50 years of history, we have brought many firsts to Malaysia, especially in retail banking. To begin with, in 1978, our Kuala Lumpur main branch was the first Malaysian bank to...