Category: Digital transformation
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“Fintech” banking business models and importance of risk management
Currently there is a lot of discussions whether banking industry is endangered by fin-tech start-ups. In last weeks we are noticing that P2P financing is losing a momentum and we see opinions that there is no major progress in blockchain industry. On the other hand Moven just published beta version of Android app, Apple Pay…
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Potential of blockchain in a simple way
I noticed a great TED talk about how blockchain could influence industries and wealth distribution. We all know that blockchain is all about trust and how to quickly exchange assets in broader meaning. Don Tapscott managed to simplify view on how future of internet could look like due to blockchain technology and how economy could be influenced. If…
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Future of insurance: breakdown of underwriting and client data connectivity
In the insurance sector changes are de facto emerging in the development of “underwriting”, in rise of changed business models and in arrival of new players in the form of technology giants and start-ups. On the other hand, changes in the financial services industry are enabling insurers to follow vertical and horizontal turnaround in business…
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Energy, peer-to-peer and blockchain
Few days ago joint venture TransActive Grid published a notice that they had succesfully performed paid transaction via their innovative new peer-to-peer energy transaction platform based on blockchain. As so people are able to manage electric surpluses to the microgrid and sell them in the neighbourhood. TransActive Grid is a joint venture of LO3 Energy, a hardware company who builds tools and develop…
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Future of banking: fintech
Banking sector changes in business models and the arrival of new players in the form of technology giants and start-up businesses are in full swing. This changes allows banks both vertical and horizontal changes in business strategies. Pressure by regulatory changes (PSD2, Consumer Protection, Data Protection, Alternative Funds Regulation, etc.) and changing business models is…
Lynx BPM 