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Turkish delights in innovation

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now.  They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. Their CEO, Soner Canko, will be presenting to …

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The largest payments company in the world that most people have never heard of

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system.  That has become one of the top search terms to find my blog, as it turns out, mainly because my blog entries are the first …

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Branches more important than apps?

Building on my challenger bank discussions, there’s some interesting points coming out of a new report by Price Waterhouse Coopers (or Playing the Wrong Cards as they’re now called, after the Oscars) on challenger banking.  It’s well worth a read, especially as they found that having branches is more important than …

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Fearless Femtech

Being in New York on International Women’s Day last week, a surprising event occurred.  No, it’s not that Donald Trump renamed the day after his favourite cat, but that a statue appeared next to the Wall Street Bull.  A Fearless Girl.  The bronze statue is sponsored by State Street and …

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The Fast and the Furious

I was having a conversation with a friend about the issues at Monzo this week (among others).  Their third-party payments processor had an outage at the weekend so the cards couldn’t be used. Then they had crashes on Android and lost payments in the app.  It’s a challenge being a …

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