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The Tidal Wave of Change
We are experiencing an unprecedented global shift in demographics. Our society is aging; we are living longer, healthier, and more productive lives. Life expectancy has improved significantly, and we have added decades of healthy living since the early 1900s. Along with longer lifespans, we are also staying employed longer than before. Soon, we will have…
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The Future of Banking
The journey from unbundling to rebundling and back has been a formidable one. Emerging technologies and the pace of innovation are driving changes throughout the banking industry at an unprecedented rate. From Asia to Europe, U.S. to Africa, and Australia to the Middle East, consumers are not only increasingly adopting digital – most are demanding…
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Of ducks, cryptocurrencies and the future of e-money
What makes a number money? Meanwhile, more than 2,500 crypto currencies are listed on various crypto exchanges. Basically, these tokens are not actually currencies, and most of the time, they are not even a form of money. In the simplest case, the tokens are just a digital message between two user accounts. Others represent certain…
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Micro-Mobility
On the revolution of the urban mobility industry Introduction The world population is growing steadily and around 60% of all people are going to live in urban areas by 2030. This is going to have a direct impact on transportation systems within these areas which are already reaching their limits. As consumer preferences are changing,…
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What happens when you miss a trend
Lessons learned: A look back at what happened when banks missed a key trend with eCommerce. And what that has to do with DLT/Blockchain. PayPal should not exist. Many people don’t realize that the original business model for PayPal was to ‘beam’ money from one Palm Pilot (remember those!) to the next. Scotty from Star…
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Apple Card – The facts
When Apple presented on March 25th 2019 its own Mastercard, Apple Card in cooperation with issuer Goldman Sachs, one or the other bank board member might have held his breath and slept a little worse than usual. After banks, especially outside of the USA, have struggled in the past to support Apple Pay with their…
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Silicon Valley is dead – or is it just sleeping?
The land of unlimited possibilities and there is also the Mecca – the West Coast – Silicon Valley. If the world could, may, must expect anything from anywhere – it must be from there. The progress of the 20th century was born there. Everything that was disrupted – came from the Valley – superlatives about…
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Girocard In-App Payment
A good step, but currently more questions than answers Last week, at Profitcard 2019, surprising news of the EURO card systems were announced by those responsible for Girocard marketing. The German credit industry has obviously decided to make a new, third attempt to equip Girocard for online acceptance: For the first time there was a…
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Post-Mortem: When, unfortunately, Corporate Fintech initiatives predictably fail
On Monday morning, colleague Heinz-Rogier-Dohms surprised the financial scene with his newsletter with a side note that was probably overlooked by many readers due to the news of the Deutsche-Commerzbank mergers. The German stock exchange discontinues its joint venture (JV) with the Naga Group for a marketplace for digital gaming products (in the jargon In-Game…
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Security Token Offerings (STOs)
The next “hot shit“ in the Fintech sky and why it is not worth for everyone After the Inicial Coin Offering (short: ICO) now comes the Security Token Offering (short: STO). On Monday this week, the release of the first German Security Token Offering (STO) authorized by BaFin started. With BaFin’s permission for digital trading,…
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“Crypto currencies have come to stay”
Interview with Oliver Flaskämper, founder of bitcoin.de Hand on your heart: How many sleepless nights have you had during recent months? I didn´t find the last few months so disturbing. There was a downward movement, true, but price fluctuations will accompany us for a little while longer. That is the normal madness. What is decisive…
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Contextual Banking in the digital age
Better processing of financial requests through artificial intelligence Sponsored Content The term of Contextual banking? The goal of contextual banking is to adapt the financing offer better to the requirements. For this an algorithm is developed and implemented in the app of the financial service provider. This algorithm analyzes the behavior of the user and…
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Digital payment in Asia – The key to customers in Germany as well?
A guest article by Ralf Wischmann (STARCON CO. LTD) Slowly but steadily, it is picking up speed, the trend towards cashless payments in Germany. A year ago, a rather wait-and-see to cautious attitude was reported, but now the dam seems to be broken and cashless payment and the technology behind it as well as central…
