Blockchain technology is tagged as a major threat to the banking industry in Deloitte’s annual outlook for the sector. The report shifts focus from near-term trends, risk management and regulation, to the growing multitude of disruptive forces besieging the sector, especially blockchain. “Banking reimagined: How disruptive forces will radically transform the industry in

The traditional retail banking model based on the transaction/branch-based banking model is dying, and in future retail banking will be fully automated. That’s the view of 203 senior retail banking executives across the globe who were surveyed by The Economist’s Economic Intelligence Unit (EIU) for a report called “In Tech

FinTechs have already built a strong beachhead in developed markets and by the end of the year Ernst and Young (EY) expects those rates of adoption to double. The figure is revealed in the company’s new FinTech Adoption index. To compile the index EY surveyed more than 10,000 digitally active people

The attack of startup fintech companies (‘new’ fintech) intent on disrupting the banking and finance system is well documented. Many industry experts believe that banking will not survive in its current form. Established time banking and technology companies (‘old’ fintech), including those system integrators and consultancies with specialized banking practices,

Fintech hub, Stone  & Chalk, which has outgrown its first home before even moving in after strong demand lead to a need for double the floor space. The hub was launched earlier this year to provide the facility for startups to tap into Sydney’s $60 billion financial services sector. According

Plans for a world class Australian Fintech hub took a huge leap forward this week with the announcement of the location, the initial corporate partners, and the first chairman – former AMP chief Craig Dunn. To be called Stone and Chalk  fintech hub is an independent, not-for-profit entity which was created