Banks have a market opportunity in targeting the unbanked

The UK has one of the lowest rates of household saving in the EU, despite being amongst the most developed countries. This seems inconsistent with a history of high participation in home ownership and a financial sector where regulation and consumer ...

EFMA Distribution Summit 2017

Leveraging distribution assets and technology in financial services   #EfmaDS17   Jose Luis Álvarez, Strategic Finance Director, Axis Corporate presented insights and key findings on Robo-advisory: The future of banking financial advisory...

Data Transformation: Unlocking the Value of Data

Banks are therefore striving to find internal opportunities to change the balance. Data as the underlying constant, comes to the forefront.   A more transformational data model presents the opportunity to increase efficiency, reduce operational ...

FinTech and Banking: Collaboration for Disruption

FinTech and Banking: Collaboration for Disruption by Axis Corporate and EFMA explores the increasing prominence of FinTech firms and need for banks to adapt to a changing industry ecosystem.   This report draws on insights from senior members o...

The Future is Collaboration

Thank you to everyone that attended FinTech and Banking: Collaboration for Disruption Event @ Huckletree in London’s tech and creative hub. It was a great opportunity to meet and share the latest developments in FinTech and Banking.   Over 75 p...

The FinTech Age

The World Bank maintains that the great emergence of financial service focused technological companies (FinTechs) came about due to the global crisis of 2007. The banking regulatory framework was strengthened and traditional sources of finance became...

Friends, Enemies, or Frenemies?

“Innovation for customers has never had powerful brakes to shackle it and with the current momentum it will not get them now.”   Investment in developing new technology for financial services totalled $14bn in 2015. In recent decades, bankin...

Shaping a Customer-Centric Strategy in the New Banking Age

“New customer demand amid changes in technology has proven itself to be one of the key forces in shaping new competitive frontiers and is carrying a high priority from a strategic standpoint.”   A fundamental understanding of how value for c...

Digital Wallets: Gaining a Foothold

The lack of a universal technology standard, disparate interests of stakeholders, and poor user experience have previously limited the adoption and growth of digital wallet usage. With an ever-growing number of NFC-enabled merchant terminals however,...

The Banking sector moves beyond Banks

“Being attractive to consumers who are moving away from the traditional idea of a bank and now use their mobile phone as their main tool is an important and substantial shift.”   The emergence of new technologies has shaken the banking secto...