NCFAs innovation and funding ecosystem

FINTECH FRIDAYS Podcast Season 1

JOIN US ON A STORYTELLING JOURNEY:  SEASON 1

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Ep1-Jul 20:  Facilitating Global Crypto Payments and the Future of Digital Assets

To kickoff the first episode of our Fintech Fridays weekly podcast, our host Manseeb Khan is joined by Samir Bandli, Director of Strategic Partnerships of CoinPayments, to talk about the future of crypto from its role today and its role in the future.  CoinPayments offers merchants an option to accept cryptocurrency as a form of payment and currently works with over 700+ altcoins. (more...)

Ep2-Jul 27:  Canada's Role in the Global Fintech Ecosystem

On this episode of the Fintech Friday Podcast, our host Manseeb Khan sits down with the legendary Sue Britton, CEO & Founder of the Fintech Growth Syndicate, and talk about what Canada has to do to stay competitive in the fintech space, Canada being super hot to outside investors, and why diversty is going to revolutionize finance. (more...)

Ep3-Aug 3:  Doubling Down on Women Founders and Backing Diversity

In this episode of the Fintech Friday Podcast, host Manseeb Khan interviews the incredible Peggy Van De Plassche, General Partner Roar Ventures, about doubling down on investing in diversity and launching her new Data/AI investment fund! (more...)

Ep4-Aug 10:  Importance of a Smart Contract Safety Net

On this episode, our host Manseeb Khan sits down with LA legal tech entrepreneur Amy Wan, CEO/Founder of Sagewise. They talk about why smart contact safety nets are important, the bridge between legal tech and fintech and how Amy closed out her seed round while being pregnant. Enjoy!  (more...)

Ep5-Aug 17:  First Coin's M&A Story - Wall street meets Crypto

Guest: Frans Tjallingii, Managing Director, Galaxy Digital Canada

About this episode:  show host Manseeb Khan sits down with Frans Tjallingii, Managing Director, Galaxy Digital Canada (ex-CEO and Co-founder of First Coin Capital). They talk about their acquisition and where the future of blockchain is heading and how tokens could be used as securities and Galaxy Digital Canada's plan moving forward. Enjoy! (more...)

Ep6-Aug 24:  Asian Crypto Market Opportunities for Canadian Talent

About this episode: On this episode, our host Manseeb Khan sits down with Henri Arslanian, PwC FinTech & Crypto Leader for Asia and Chairman of the FinTech Association of Hong Kong. They talk about future institutions in crypto, Why Hong Kong is a home away from home to him and to other fellows Canadians and his best practices. Enjoy! (more...)

Guest: Henri Arslanian, Chairman, Hong Kong FinTech Association and FinTech & Crypto Leader for Asia, PwC

 

Ep7-Aug 31:  Structuring ICOs and the Mind of a Fintech-preneur

About this episode: This week our host Manseeb Khan sits down with Gary Schwartz the Managing Director of Pegasus Fintech Inc.. They covered how to structure an ICO, to surgary donuts , and impacting investing. Enjoy! (more...)

Guest: Gary Schwartz, Managing Director, Pegasus Fintech Inc.

 

Ep8-Sep 7:  Institutionalization of Crypto, China's Ban and the Potential of Blockchain Decentralization

About this episode: On this episode, our host Manseeb Khan sits down with Juwan Lee the founder and CEO of NexChange. They talked about institutions investing in crypto, some the up and coming players in the market and China being pro blockchain. Enjoy! (more...)

Guest: Juwan Lee, Founder and CEO, NexChange

Ep9-Sep 14: Curexe's New SmartPay Product & Front-line of Global Digital Payments

About this episode:  On this episode our host Manseeb Khan sits down with the CEO And founder of Curexe, so chat about their new product called SmartPay! They also talked about how A.I is going to touch the payments and every other industry, regulations that could be in place when accepting crypto and many more. Enjoy!  (more...)

Guest: Johnathan Holland, Founder and CEO, Curexe

Ep10-Sep 21:   A Regtech-based Blockchain KYC Solution for Document Custody

About this episode:  On this episode, our host Manseeb Khan sits down with the CEO of Commercial Passport Brice Penaud. They chat about what KYC looks like in blockchain, how fintech and regtech can work alongside with governments, and the benefits of creating a digital identity. Enjoy!  (see Transcript)

Guest: Brice Penaud, CEO, Commercial Passport

Ep11-Sep 28:  How Amazon Bank is Dominating and Risks of a Digital Bifurcated World

About this episode:   On this weeks episode our host Manseeb Khan sits down with Paul Schulte Founder & Editor of Schulte Research, whose insights have reshaped the finance world for the past 30 years. They talk about how Amazon is the biggest bank in the world, China being 2 generations ahead compared to the West, and what his next book could be about it. Enjoy!  (transcript)

Guest: PAUL SCHULTE, Founder and Managing Editor, Schulte Research (LinkedIn)

 

Ep12-Oct 5:  Building Blockchain Products & Decentralized Solutions for Enterprise and Startups

About this episode:   On this week's episode of the Fintech Friday$ podcast our host Manseeb Khan sits down with Mathieu Glaude the CEO and president of Northern Block. They talk about having a sovereign digital identity, the excitement behind stable coins and why supply chain in blockchain shouldn't be overlooked. Enjoy! (see Transcript)

Guest:  MATHIEU GLAUDE, President and CEO, Northern Block (LinkedIn)

Ep13-Oct 13:  Road to Fintech IPO:  Capital Networks, Scalable Solutions, Putting People First

About this episode:   On this episode, NCFA show host Manseeb Khan sits down with Ali Pourdad the CEO of Progressa who recently closed out an $84 million dollar round. They talk about P2P loans, loan services operating within the blockchain and why being people first business matters. Enjoy! (see Transcript)

Guest:  ALI POURDAD, Co-founder and CEO, Progressa (LinkedIn)

Ep14-Oct 19:  The Convergence of Data Intelligence and Money Algorithms

About this episode:   On this episode, NCFA show host Manseeb Khan sits down Saroop Bharwani. Founder of Senso, a data intelligence platform for the financial services industry. They chat about regulations in the AI space, fears of AI taking over the world and how screens and machines are as important as the birds and the bees. Enjoy! (see Transcript)

Guest:  SAROOP BHARWANI, Founder and CEO, Senso.ai (LinkedIn)

Ep15-Oct 26:  Gearing up Hyperion Exchange, Hybrid Models and Security Tokens

About this episode:   On this episode, our NCFA Fintech Fridays host Manseeb Khan sit's down with Michael Zavet the CEO of Hyperion Exchange a crypto securities exchange. They talked about the importance of security token offerings( STO), how to regulate STOs, and the potential marriage of cannabis and crypto. Enjoy! (see Transcript) Guest:  MICHAEL ZAVET, Founder and CEO, Hyperion Technologies Inc. (LinkedIn)

Ep16-Nov 2:  Envisioning the Future of Open Banking for Consumers and Businesses

About this episode:   On this episode NCFA Fintech Friday's host Manseeb Khan sits down with the CEO of Lending Loop Cato Pastoll. They chat about what opening banking is, how it might look like an app store, and how it gives power back to consumers. Enjoy! (see Transcript)

Guest:  CATO PASTOLL, Co-founder and CEO, Lending Loop (view Linkedin)

Ep17-Nov 9:  How Artificial Intelligence is Optimizing Sales and the Future of Business AI

About this episode:   On this episode NCFA Fintech Friday's our host Manseeb Khan sits down with the co-founder and president of Fortuna Asad Naeem. They chat about how AI can supplement salespeople, the excitement behind computer vision and the future of business AI. Enjoy!(see Transcript)

Guest:  ASAD NAEEM, Co-founder and President, Fortuna.ai (view Linkedin)

Ep18-Nov 16:  Bridging the AML/ATF Gap with Financial Institutions and the New Economy

About this episode:   On this episode, NCFA Fintech Fridays host Manseeb Khan sits down with Charlene Cieslik the Chief Anti-Money Laundering Officer at Coinsquare. They talk about not everyone using crypto is a terrorist, cape shopping and guidance in the crypto space. Enjoy!  (see Transcript)

Guest:  CHARLENE CIESLIK, Chief AML Officer, Coinsquare (view Linkedin)

Ep19-Nov 23:  Future of Business Tokenization and How Blockchain Challenges Concept of Money

About this episode:   On this episode, NCFA Fintech Friday's host Manseeb Khan sits down with Alan Wunsche the CEO of TokenFunder. They chat about ICO's funding startups, tokenization of businesses and buying real estate through tokens. Enjoy! (see Transcript)

Guest:  ALAN WUNSCHE, Founder and CEO, TokenFunder (view Linkedin)

PAST SEASON 1 EPISODES:

EP1-Jul 20:  Global Crypto Payments and the Future of Digital Assets (CoinPayments)

EP2-Jul 27:  Canada's Role in the Global Fintech Ecosystem (Fintech Growth Syndicate)

EP3-Aug 3:  Doubling Down on Female Founders (Roar Ventures)

EP4-Aug 10:  Importance of a Smart Contract Safety Net (Sagewise)

EP5-Aug 17:  First Coin's M&A Story - Wall street meets Crypto (Galaxy Digital Canada)

EP6-Aug 24:  Asian Crypto Markets meet Canadian talent (Fintech Association of Hong Kong)

EP7-Aug 31:  Structuring an ICO and the Mind of a Fintech-preneur (Pegasus Fintech)

EP8-Sep 7:  Institutionalization of Crypto, China’s Ban and the Potential of Blockchain Decentralization (NexChange)

EP9-Sep 14:  New SmartPay Product & Front-line of Global Digital Payments (Curexe)

EP10-Sep21: A Regtech-based Blockchain KYC Solution for Document Custody (Commercial Passport)

EP11-Sep 28:  How Amazon Bank is Dominating and Risks of a Digital Bifurcated World (Schulte Research)

EP12-Oct 5:  Building Blockchain Products & Decentralizd Solutions for Enterprise and Start-ups (Northern Block)

EP13-Oct 12:  Road to Fintech IPO:  Capital Networks, Scalable Solutions, Putting People First (Progressa)

Ep14-Oct 19:  The Convergence of Data Intelligence and Money Algorithms (Senso.ai)

Ep15-Oct 26:  Gearing up Hyperion Exchange, Hybrid Models and Security Tokens (Hyperion Technologies)

EP16-Nov 2:  Envisioning the Future of Open Banking for Consumers and Businesses (Lending Loop)

Ep17-Nov 9:  How Artificial Intelligence is Optimizing Sales and the Future of Business AI (Fortuna.ai)

Ep18-Nov 16:  Bridging the AML/ATF Gap with Financial Institutions and the New Economy (Coinsquare)

Ep19-Nov 23:  Future of Business Tokenization and How Blockchain Challenges Concept of Money (TokenFunder)

PAST SEASON 2 EPISODES:

Ep20-Jan 11:  Bitcoin Backed Loans and 2x Credit - Putting Your Crypto to Work (Mauricio Di Bartolomeo)

Ep21-Jan 18:  Meritocracy, Decentralized Innovation and the Power of Collaboration (Hussein Hallak)

Ep22-Jan 25:  Reducing Regulatory Burden by 25% in Ontario (Amar Nijjar)

Ep23-Feb 1:  Getting Smart About Crypto and Insurtech Snapchat Models (Justin Hartzman)

Ep24-Feb 8:  Re-imagining Philanthropy (Daryl Hatton)

Ep25-Feb 15:  Unlock the World (Kate Guimbellot and Jason Sosnowski)

Ep26-Feb 22:  Investing in Private Canadian Companies (Peter-Paul Van Hoeken)

Ep27-Mar 1:  Blockchain Gaming and esports (Shidan Gouran)

Ep28-Mar 8:  Rethinking Brokers (Muhammad Rashid)

Ep29-Mar 22:  The Future of Securities (Richard Carleton)

Ep30-Apr 12:  The Future of Canadian Crypto (Andrei Poliakov)

Ep31-May 14:  Blockchain Law (Jason Saltzman)

Ep32-May 24:  Rallying behind Bitcoin (Frederick T. Pye)

Ep33-May 31:  Indexing Consumer Loans and Financial Literacy (Phillip Postrehovsky)

Ep34-Jul 6:  Accelerating Fintech Growth (Brendan Holt Dunn)

Ep35-Aug 9:  Autonomous Alternative Lending (Vit Arnautov)

Ep36-Aug 22:  Techfins (Michael King)

Ep37-Sep13:  Funding is Female (Jill Earthy)

Ep38-Mar25: Why Identity Matters in an Evolving Online Environment (David Lucatch)

Ep39-Apr23: The Power of Digitization and How to Get Exponential (James Wallace)

Ep40-May22:  Why Bitcoin Exists and Education for the Masses (Austin Hubbell)

PAST SEASON 3 EPISODES:

EP41:  40% pandemic growth, taking risks and innovating Insurtech in Canada (Danish Yusuf, Zensurance)

EP42:  Insights into the Teen Banking Sector and Improving the Financial Well-being of Families (Rim Charkani, WALO)

EP43:  Taking the Mortgage Process From 40 Days to Minutes (Chris Gries, FundMore.ai)

EP44:  The Vanguard of Digital Innovation and Ecosystems in Canada (Various NCFA Advisors)

EP45: Mission-driven and Consumer-centric Financial Services (Keith Taylor, DUCA Impact Lab)

EP46: Making Business Borderless: International Payments and Partnerships (Alastair Thompson, TransferWise)

EP47: How to Change the World: Risk Culture and Work-life Balance (Michelle Beyo, Finavator)

EP48:  How to Connect and Resonate with Customers Through Podcasting (Fatima Zaidi, Quill Inc.)

EP49: Managing Private Placements Has Never Been Easier (Brock Murray and Karan Khiani, Katipult)

EP50:  Compliance to the moon (Mark Binns, Digital Assets Inc.)

EP51:  Bacon and Eggs (Julien Brault, Hard Bacon)

EP52:  Technology Due Diligence Process and Cyber Security Risks (Forward Security, CIBC, RiskAware Group)

EP53:  Staying True to Bitcoin (Chris Naprawa, TAAL)

EP54:  How Digital Identity will Transform Human Potential (David Lucatch, Liquid Avatar Technologies)

 

Interested in getting involved in FINTECH FRIDAY$?  info@ncfacanada.org

FINTECH FRIDAY$ is a weekly podcast brought to you by NCFA and partners, where we sit down with the incredible people in the Fintech and Funding community and talk about trends, product innovations, developments and challenges!

Fintech Fridays is an evolving and innovative educational platform focused on delivering authentic personalities, content and story telling on the journey of mainstream adoption of new financial technologies and their impact on the future of finance.

Subscribe and tune in each Friday to check out the latest movers and shakers with hosts Manseeb Khan and others coming soon.

Want to get involved?  Contact us about partnerships opportunities, hosting and more:  info@ncfacanada.org

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NCFA Jan 2018 resize - FINTECH FRIDAYS Podcast Season 1 The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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The Telegraph | Simon Foy | Sep 17, 2021 The competition regulator is probing a slew of allegations of bullying, sexism and intimidation against the head of the unit it set up to deliver a tech revolution in Britain’s banking sector. Directors at the Competition and Markets Authority are examining an independent inquiry into claims against Imran Gulamhuseinwala, the trustee of the Open Banking Implementation Entity (OBIE). The initiative, championed by George Osborne, chancellor at the time, was established with industry funding in 2016 to boost innovation and fintech start-ups by encouraging big banks to share customer information. Now as many as 49 witnesses have alleged that a culture of bullying, intimidation and sexism exists at the OBIE. They cited incidents where Mr Gulamhuseinwala and other managers allegedly swore and shouted at colleagues. Andrea Coscelli, chief executive of the CMA, is leading an emergency board committee alongside non-executive Jonathan Scott, a former senior partner at the City law firm Herbert Smith Freehills. They have been tasked with deciding the “appropriate action to take”, according to documents seen by The Sunday Telegraph. Read:  Emotionally Intelligent Minds Know How to Bridge the Perspective Gap It comes after the regulator last year hired ...
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Inc. | Justin Bariso | Sep 17, 2021 How can you negotiate effectively, persuade, and influence others? By connecting them to your feelings. What's the perspective gap? The perspective gap (also known as an empathy gap) is a common occurrence in which one dramatically underestimates the effects of a psychologically or physically intense situation. See:  Manager and machine: The new leadership equation Usually, we think we understand a certain set of circumstances--even if we've never experienced them--but we really have no idea. Other times, we've actually experienced something similar to what another person is describing, but the way we remember handling the situation is much better than we actually did. The perspective gap explains why physicians consistently miss the mark when attempting to estimate their patients' level of pain, or why we find it so challenging to put ourselves in the shoes of a colleague, or even a family member. Here are two lessons: Don't be like Ford.  There are likely people at work right now who are trying hard to get you to understand the problems they're facing. They're trying to get your support. It's easy to dismiss those people with expressions like: Toughen up. It's not that big of ...
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OSC | Aug 25, 2021 (last updated Sep 16) The OSC is hosting a virtual roundtable to discuss whether, and how, the disclosure needs of Canadian investors, and corporate governance practices among public companies have evolved.  Panelists will speak about the benefits, challenges and experiences associated with the consideration of broader diversity on boards and in executive officer positions, with a specific focus on diversity data, targets and term limits. The panelists include representatives of issuers, investors and advocacy groups, as well as governance experts. Event Details Oct 13, 2021 10:00 am  - 11:30 am Virtual Event (Webinar) The roundtable is open to the public; register and receive a link to watch the webinar The Ontario Securities Commission (OSC) will host a virtual roundtable on Wednesday, October 13 from 10:00 a.m. - 11:30 a.m. ET to discuss broader diversity (beyond gender) on boards and in executive officer positions, with a specific focus on targets, term limits and diversity data. The OSC has convened an expert panel to explore the benefits, challenges and experiences associated with the consideration of broader diversity, as well as evolving corporate governance practices and disclosure needs of Canadian investors. The roundtable panellists are: Rahul Bhardwaj, ICD.D, President ...
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Diversity in finance - FINTECH FRIDAYS Podcast Season 1
Guest Post | Sep 16, 2021 A construction loan is a kind of short-term financing provided by a bank that is used to finance the purchase of a new house or other real estate projects. A conventional mortgage, also known as a permanent loan, can assist you in purchasing an existing home. A construction loan, on the other hand, may be useful if you need to build a new home from the ground up, particularly if you also need to buy the raw land. Check out pomwaterproofing.ca for more information on construction loans.  How Do Home Improvement Loans Work? If you are thinking of constructing a house, you are probably thinking about a piece of land or a newly built community. As a result, most construction loans cover both the cost of the land and the cost of the building. Because of this additional complexity, building loans need greater lender participation than conventional house loans. Lenders will want to examine your construction plans, including an anticipated timeline and budget. These strategies will assist you in determining how much money you need for the loan. Once you have obtained a loan, the lender will pay the builder at regular intervals following ...
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how do construction loans work - FINTECH FRIDAYS Podcast Season 1
MaRS | Molly Shoichet  | Sep 8, 2021 Health innovation has been the story of COVID, but economist Mariana Mazzucato says we’re still not doing it right. We need to redesign procurement, rethink old narratives and reassess the value of public investment. Mariana Mazzucato is one of the world’s most influential economists — professor at University College London, founder of the Institute for Innovation and Public Purpose and author of books rejecting business’s monopoly on risk-taking and value creation. Molly Shoichet: The COVID economy has had an outsized impact on women and racialized communities. What is the connection between public health and a healthy economy? Mariana Mazzucato: We hear it’s important to invest in health, it’s good for the economy. But in my work as chair of the World Health Organization’s Council on the Economics of Health for All, we want to determine the actual goal we’re trying to achieve. COVID-19 has woken us up to the fact that we don’t have health for everybody. It’s not enough to have a vaccine if not everyone has access to it. So, if our ambition is health for all, how do we set up our economy? Outcomes-oriented budgeting? Procurement processes and budgets? ...
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Business Insider | Harry Robertson  | Sep 14, 2021 Securities and Exchange Commission boss Gary Gensler has said crypto exchanges need to "come in and talk" to the markets regulator, just days after clashing with trading platform Coinbase over one of its products. Gensler will appear before the Senate banking committee on Tuesday and used his prepared remarks to increase the pressure on crypto exchanges, which he has previously said he would like to regulate more closely. See:  Coinbase Threat Shows SEC Means Business The SEC boss said exchanges need to register with the Commission, because some of their tokens or products may be securities. That's unlike bitcoin, which regulators think is more like a commodity. Gensler said: "I've suggested that platforms and projects come in and talk to us. Many platforms have dozens or hundreds of tokens on them.  While each token's legal status depends on its own facts and circumstances, the probability is quite remote that, with 50, 100, or 1,000 tokens, any given platform has zero securities.  Make no mistake: To the extent that there are securities on these trading platforms, under our laws, they have to register with the Commission unless they qualify for an exemption." ...
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Internet Economy Foundation | Clark Parsons | Sep 8, 2021 New Study Highlights the Key Design Choices Facing the European Central Bank and Makes Recommendations for Building an Innovation-Compatible Digital Euro Berlin, 08. Sept., 2021 – If money is now completely programmable, how should a digital Euro be established? This is the question addressed by Establishing a Digital Euro – How to Ensure Financial Sovereignty in the Digital Realm, a new joint study published by the Internet Economy Foundation, Lakestar, Chainlink and iconomy. Read:  JP Morgan warns CBDC could mean banks lose 20-30% of funding In the wake of the European Central Bank’s announcement in July 2021 that it will begin the process of developing a digital Euro, this new study explains the key design decisions that lie ahead and how each of them can potentially affect the longstanding structures of the monetary and financial systems. It also recommends important guidelines for the ECB to ensure that a digital Euro addresses Europe’s current weakness in global financial services and strengthens Europe’s booming ecosystem of innovation in FinTech, Decentralized Finance (DeFi) and emerging sectors. The policy recommendations are: ● Create the Digital Euro with a focus on European Financial Sovereignty. ● ...
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Pioneers Post | Tove Ahlström and Sofia Breitholtz  | Aug 26, 2021 It could take an astonishing 200 years to close the global gender gap, if we continue on our current path. Yet the evidence is clear: backing female-led businesses is a ticket to prosperity for everyone. As the world seeks solutions for post-pandemic recovery, it’s time for investors to put their money where their mouths are. A disheartening 3% of global venture capital went to female founders in 2019, and the figures for women from minority groups are even more dismaying, a 2020 report by Crunchbase shows. During the Covid-19 pandemic, the outlook worsened still, with venture funding to female-founded enterprises plummeting % worldwide. See:  Women In Fintech Will Play A Crucial Part In The Covid-19 Recovery Plan Global challenges, like the Covid-19 pandemic or the climate crisis, have more direct consequences for vulnerable groups in society, who are already subject to uneven distribution of resources, oppression and marginalisation. As the world turns to solutions and strategies for recovery in a post-pandemic reality, investors and politicians need to put their money where their mouths are – and they might benefit, too. Everyone’s ticket to prosperity Women are powerful catalysts for development. Data ...
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On the Brink Podcast | Aug 2, 2021 George Selgin, director of the Center of Monetary Alternatives at the Cato Institute joins the show to discuss Bitcoin, Free Banking, and stablecoins. In this episode: Why George refers to Bitcoin as a synthetic commodity money Why George was excited by the possibility for synthetic commodity money What conditions would have to hold for Bitcoin to be considered money Why money is a spectrum rather than binary Are stablecoins prone to bank runs? Is Tether’s melange of underlying collateral sufficient? How should stablecoins be regulated? Why are regulators looking into stablecoins today? See:  FCA Chair Charles Randall Discusses Crypto, Stablecoins and Digital Asset Regulation More regulation coming: SEC Chairman signals stablecoins and other tokens could fall under its rules on security-based swaps Minister Freeland releases final report with 34 recommendations on Open Banking from the Advisory committee Comparing stablecoins to Money Market Mutual Funds Why money market funds broke the buck in 08 Are stablecoins as systemic as money market funds? George’s objections to Gorton and Zhang’s paper on free banking and stablecoins George’s definition of free banking Was the 1830s-60s period in the U.S. a period of genuine free banking? The ...
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Innovate Finance | Rolf Merchant | Sep 7, 2021 Data is a hugely valuable currency in the financial services world. In sufficient quantities and with the knowhow to analyse and interpret it, data provides a tremendous amount of knowledge for financial services companies. The old tenet “knowledge is power” could justifiably be updated to “data is power” for 21st century finance. What is Smart Data?  Smart Data is the secure sharing of customer data with authorised third-party providers upon the customer’s request. These providers then use this data to provide innovative services for the consumer or business user, such as automatic switching or better account management. Data sharing could unlock a huge number of benefits for consumers and businesses alike. Read:  Kalifa review of UK Fintech report We might see the creation of an entire “data economy”, where consumers are more informed and empowered because of the data they can access, and where businesses can make use of shared data to create and improve products and services that target real needs and desires. This is why FinTech companies are so interested in the Smart Data initiative. Next steps for Smart Data We were particularly interested to read the report in ...
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