IBS Journal July 2018
IN THIS ISSUE JULY 2018 / ISSUE 29.03
Chairman, Cedar Sanjiv Anand Email:
sanjiva@ibsintelligence.com
Senior Editor Bill Boyle Tel: +44 7909 954 991
Email:
billb@ibsintelligence.com
Senior Fintech Reporter Alex Hamilton Tel: +44 7555 518 679
Email:
alexanderh@ibsintelligence.com
Design & Production Simon Turner Email:
simon@west-hill.co.uk
Advertising Sales Manager Angus Chapman Tel: +44 7958 691 538
Email:
angusc@ibsintelligence.com
Business Director Amit Jain Tel: +91 9867 625 058 Email:
amitj@ibsintelligence.com
Business Development Lead - Asia Pacifi c & Americas Rushikesh Dixit Email:
rushikesh.dixit@ibsintelligence.com
Business Development Lead - MENA Ridhie Kheria
Email:
ridhiek@ibsintelligence.com
Business Development Lead - Americas & Europe Sayed Ali Email:
sayeda@ibsintelligence.com
Business Development Lead - Americas & Europe Abhilash Pillai Email:
abhilashp@ibsintelligence.com
Business Development Lead - Americas & Europe Devesh Arora Email:
devesha@ibsintelligence.com
Business Development Lead - Europe Cristian Tarcatu
Email:
cristiant@ibsintelligence.com IBS Intelligence
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ISSN: 0965-674X VENTURE CAPITALIST & ACADEMIC
REGULARS Editor’s note
Who’s bought what The month in fi gures
Startup of the month: Cygnetise Backchat | Diary
05 44 47 48 50
Fintechs will be derailed by lack of governance, warns FSCOM chief Could cryptocurrency cure Venezuela’s economic blight?
Half of 18-34-year-olds would rather bank with Amazon or Facebook Don’t chuck the customers out with the branch closures, banks warned Opinion: Who wins the 2018 Economic World Cup?
06 07 08 09 10
Events: Not a major bank in sight as tech fi rms fl ocked to MoneyConf 2018 12 Events: The “greatest fi ntech show on earth” lights up Amsterdam Case study: WheelsEMI implements Nelito Systems’ FinCRAFT™
14 16
Interview: Sophie Guibaud, managing director for Europe at Fidor, on diversity 18 Events: Avaloq conference roundup
19
Interview: Fidessa’s head of post-trade strategy David Pearson talks blockchain 20 How technology is making travel easy for millennials
Q&A: Infrasoft Technologies talk about a host of pioneering initiatives Opinion: Where will Open Banking take us?
Opinion: The biometric EMV card: the next trend in banking technology FEATURE FOCUS - MACHINE LEARNING
From back offi ce to centre stage: the rise of robotic process automation Artifi cial intelligence is steering the banking ship
The uses of machine learning in the banking sector are many and varied How to get your machine learning right
BIG INTERVIEW: PROF DAVID CHERITON 36
24 28 32 34
21 40 42 46
03
www.ibsintelligence.com
Jonathan Sprague
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