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IBS Journal April 2017


IN THIS ISSUE APRIL 2017 / ISSUE 26.10


Change is in the air


Chairman, Cedar Sanjiv Anand Email: sanjiva@ibsintelligence.com


Senior Editor Scott Thompson Tel: +44 7528 807 353 Email: scott.thompson@ibsintelligence.com


Senior Reporter Alex Hamilton Tel: +44 7555 518 679


Email: alexanderh@ibsintelligence.com


Contributors Neil Ainger Hannah Prevett


Advertising Sales Manager Angus Chapman Tel: +44 7958 691 538


Email: angusc@ibsintelligence.com


Regional Account Manager – UK & EU Edward Thomas Tel: +44 792 072 4371 Email: edwardt@ibsintelligence.com


Regional Account Manager – Americas Mike Scarangella Tel: +1 239 223 0062 Email: MikeS@ibsintelligence.com


Head of Research Ashwin Ramakrishnan Tel: +91 9819 148 693


Email: ashwinr@ibsintelligence.com


Marketing Manager Abhijit Chakravarty Tel: +91 7718 868 804 Email: abhijitc@ibsintelligence.com


Graphic Designer Pooja Bhatia Tel: +91 9920 151 037


Email: poojab@ibsintelligence.com IBS Intelligence


A Division of Cedar Management Consulting International, LLC Tel: +44 2075 202 630


Email: info@ibsintelligence.com


UK/Europe Lenta Business Centre, Suite 109 180-186 Kings Cross Road London WC1X 9DE, UK


Americas 53 W. Jackson Boulevard, Suite 557 Chicago, IL 60604


USA


ISSN: 0965-674X Visit our website: www.ibsintelligence.com


REGULARS Editor’s Note:


Who’s bought what? The month in numbers: On the move:


Who’s been saying what: Profile:


Startup of the month: The Big Interview: Backchat | Diary:


05 20 48 50 51 52 54 56 58


FEATURE FOCUS Sales League Table 2017


Global banking technology


Media treatment of leak “complete BS”, R3 Hellenic Bank innovation lab bears fruit Bank of England shows community spirit Paytm spreads its wings NAB Ventures backs Veem


Samsung Pay completes passage to India Lloyds closes on IBM cloud deal The best of friends


Atom Bank pulls in £83 million


Revolut goes crowdfunding, unveils Premium product House of Fraser backs out of Tandem deal HDFC Bank unveils chatbot Eva


Apple Pay spat rumbles on Down Under Japanese FIs move blockchain into production Union blasts branch busting RBS


TSAM London tackles Brexit/robo-advice Not just another challenger, this is ClearBank


06 09 10 10 11 11 12 12 13 14 14 15 15 16 16 17 17 19


03


22 42


www.ibsintelligence.com


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