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BACKCHAT / DIARY Backchat
destination for London’s bankers, despite high income tax. FinTechs, meanwhile, should head to Berlin, according to research by online removals platform Movinga.
D
Berlin came out on top for proximity (115 minute flight), English comprehension (56%) and shared rent prices (£393.47). The city ranks second for availability of capital (9.90) and number of coworking spaces (93), second only to Paris. However, the relative affordability of living in Berlin compared to the French capital makes the city far more suitable for startup employees. Ping pong tables are also said to be reasonably priced…Copenhagen was found to be the least desirable city due to the very expensive shared rent (£957.60), low access to capital (3.62) and the high price of a 0.5L beer (£5.11). £5.11!?! Yikes!
Did you spot our online April Fools’ Day gag, namely an exclusive interview with Martin Van Nostrand, Co-Founder and CEO of Dutch PayTech, Ding Dong? Van Nostrand (Seinfeld reference) told us: “One day, while playing ping pong with a colleague that I disliked intensely, I stumbled upon a problem in the payment space that nobody was addressing and now I have my own company, Ding Dong.” His mentor, H. E. Pennypacker (another Seinfeld reference…the Group Editor is a big Seinfeld fan) taught him that payments “should be fun, and not rubbish, which they are now”. What, we asked, has been your biggest challenge/setback? “People in the payments sector not taking us seriously. Ding Dong. Yeah, right, that’s a silly name. Pull the other one, mate…Stuff like that.”
A payments startup with a silly name? Unheard of!
Singapore’s OCBC Bank has made an, erm, interesting stab at getting the public to trust bankers. Dennis Tan, the FI’s Head of Consumer Financial Services Singapore, was recently Facebook livestreamed taking a lie detector test. “Stay True is our promise to our consumers,” says Tan. “We want to be transparent, clear and truthful in our advertising communication. This is not a marketing campaign, this is something we believe in strongly.”
We repeat, not a marketing campaign. Oh no. IN THE NEXT ISSUE Feature Focus: Wealth Management & Private Banking ublin has been flagged as the top post-Brexit MAY
23-24: Self-Service Banking Europe 2017, London
www.ifintec.com
JUNE
26-28: Money 20/20 Europe, Copenhagen
www.money2020europe.com
JULY
5-6: BankTech Asia 2017, Kuala Lumpur
www.banktechasia.com
OCTOBER
4-5: PayExpo Europe 2017, London
www.payexpo.com
16-19: Sibos 2017, Toronto
www.sibos.com
22-25: Money 20/20, Las Vegas
www.money2020.com
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2017 banking tech/FinTech events
For a comprehensive listing of industry events, visit our website:
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Please Contact:
Abhijit Chakravarty, Marketing Manager: Email:
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Diary
www.ibsintelligence.com © IBS Intelligence 2017
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