Financial Services Tech Forum

Photo of James WesterOffline

10 Predictions for the Payment Space

By James Wester

The Worldwide Payment Strategies group offers its annual FutureScape report. The report looks at the active areas of inquiry and analysis in the payment space and provides 10 predictions to help technology leaders plan for the future.

Photo of Marc DeCastroOffline

The IDC FutureScape: Worldwide Financial Services 2017 Predictions study developed seven drivers that both CIOs and their business partners should consider over the next 36 months. The list is not meant to be exhaustive nor is it meant to be final. IDC Financial Insights publishes a new list of drivers annually, and many are evolutionary. Last year's drivers were instrumental in developing this list, just as this year's drivers will be critical to the formulation of next year's drivers.

Photo of Jerry SilvaOffline

Digital transformation is a huge undertaking at banks worldwide, with 96% of banks we've recently surveyed reporting some sort of DX strategy at their institutions. But one fundamental aspect of DX involves the recognition that banks don't need to own the whole value chain, and in fact it may be beneficial to work with technology partners and fintechs to create new value chains in which they play only selected roles. But will customers buy into this concept? And is it necessarily a better model than owning the whole chain? And what happens to the bank's hard-won brand?

Photo of Karen MasseyOffline

IDC Financial Insights 2016 FinTech Rankings

By Karen Massey

We are excited to kick off our 13th year of the IDC Financial Insights FinTech Rankings! The Call for Entries will open the week of May 15, 2016, and this post provides additional information on the most established and prominent ranking of global technology providers to the financial services industry, and how to nominate your fintech company.

Photo of Wiliam FearnleyOffline

On Sunday, April 3rd, 2016, the drapes were pulled back and we all getting a glimpse behind the curtain. The financial services compliance adventure has just changed and will never be the same.

Photo of Jerry SilvaOffline

I've been having an inordinate number of conversations around Banking as a Platform lately. With the adoption of 3rd Platform technologies like cloud, BaaP is an appealing business model. Will it prove to be tenable long-term?

Photo of Marc DeCastroOffline

Everyone enjoys carousel rides. Well, most people enjoy them unless they reach a point in their lives where vertigo prevents them from even looking at one spinning without feeling queasy. The best part about the ride is trying to grab those elusive brass rings as they came down the chute. Grab one, and you get a free ride. Unfortunately for many banks, customer service can be equal to the ride on the carousel, except instead of excitement it turns into missed opportunities and customer resentment.

Photo of Karen MasseyOffline

In case you'd like some reading over the holidays, I just published a Perspective including IT spending forecasts for 2014-2019 for banking, capital markets, and insurance for the 3rd platform technologies mobile, big data and analytics (BDA), and cloud.

Photo of Marc DeCastroOffline

Normalcy Returns To Banking

By Marc DeCastro

The US Federal Reserve just agreed to raise interest rates slowly over the next 12-18 months as we finally begin to distance ourselves from the financial crisis some 7 years ago. In addition, bank failures in the US have settled to more average numbers and there is virtually no panic on Main Street about bank solvency. And finally, the possibility exists that we may actually see some new bank charters filed, some from non-traditional bank competitors. If there is one thing that bankers like, it is predictability and normalcy, and all indications are that despite the massive transformation within the industry, the outside forces which may have impeded next generation banking are loosening their grip.

Photo of Jerry SilvaOffline

Navigating the Waters of Global Banking

By Jerry Silva

“To reach a port we must set sail –
Sail, not tie at anchor
Sail, not drift.”

― Franklin D. Roosevelt

Search this area

About this channel

  • 365 articles

Recent Contributors

Recent Comments

  • 50 to 60 Billion Dig…
    Michael Versace says:
    This just popped up again.  Am interested in updating this forecast.  Would anyone be interested to renewing the model?
    2 months ago
  • 50 to 60 Billion Dig…
    Michael says:
    25% and we're there, mark of the beast. Finally! 
    2 months ago

Viewed 981,313 times