"The new decade is upon us and with it a sea change in how advisors are—and will be—utilizing technology in their practices. Robo-advisors have become mainstream both directly to the public and via privately owned RIAs. Mega-mergers like the Schwab/TD Ameritrade deal have shifted the competitive landscape forever. New regulations continue to abound (and confuse). And fee compression further rears its ugly head. And for all those reasons, advisors more than ever need to utilize effective technology to navigate the constant minefields of running an effective and growing wealth management practice."
Source: Financial Advisor
"The financial services industry is undergoing a period of transformative change globally, and the Asia Pacific (APAC) region is no exception. Over 2020, as digital banking becomes more mainstream across APAC, we expect to see a specific focus on the following areas..."
"The year 2020 has not even gone far and there is already a romance brewing between the crypto and fintech industries. Ripple CEO Brad Garlinghouse is persuaded that this is just the beginning for the two industries and that more consolidation is bound to happen as the year progresses."
Source: coin speaker
"CSI, a provider of end-to-end financial technology solutions, surveyed 227 U.S. banking executives from across the asset-size spectrum to identify the most pressing issues facing our industry as we head into 2020. This year’s research identified a clear pattern of digital prioritization, touching every category of the survey and spanning every asset size."
Source: Business Wire
"Some banks have started to promote APIs that can better integrate SMBs into the open banking world. Britain’s HSBC has developed APIs that allow businesses to directly apply for accounts within its corporate banking division through the bank’s digital platform, for example."
"In JPMorgan Chase's Q4 2019 earnings call held earlier this week, CEO Jamie Dimon and CFO Jennifer Piepszak said that the firm is working on controlling third-party apps' access to customer data and will eventually give customers the ability to determine what data is and isn't shared."
Source: Business Insider