IBS Journal March 2018
IN THIS ISSUE MARCH 2018 / ISSUE 28.11
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
Junior Fintech Reporter Henry Vilar Tel: +44 7747 357 769
Email:
henryv@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
Senior Account Executive Cristian Tarcatu Tel: +44 7764 838 741
Email:
cristiant@ibsintelligence.com
Account Executive Rushikesh Dixit Tel: +91 9820 888 569 Email:
rushikesh.dixit@ibsintelligence.com
Account Executive Ridhie Kheria Tel: +91 7208 306 364
Email:
ridhiek@ibsintelligence.com
Marketing Manager Abhijit Chakravarty Tel: +91 7718 868 804 Email:
abhijitc@ibsintelligence.com
Digital Marketing Manager Shadab Khan Tel: +91 9920 739 363
Email:
ShadabK@ibsintelligence.com IBS Intelligence
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ISSN: 0965-674X
TANDEM BANK REGULARS
Editor’s note
Startup of the month: Coconut On the move
The month in fi gures
What they’ve been saying Who’s bought what Backchat | Diary
05 42 44 47 48 49 50
Warburg Pincus pays $395m for 55% stake in Fiserv lending business Cyberattack breaches on fi nance houses triple in fi ve years Agility is essential and blockchain not a priority to SMB survival Australian banks power up with new real-time payments system Hong Kong Monetary Authority releases challenger bank guidelines African countries embracing digital as fi ntech transactions fl ourish London banks should move fast to avoid Brexit backlash, warns ECB Cryptocurrency takes another hit as banks ban purchases on credit cards News analysis: Ripple network a big step for Gulf fi ntech development Event: Can’t stop the block – or can you?
07 08 09 10 11 12 13 14 16 17
News analysis: Facebook is pushing the crypto market to a regulated future 18 News analysis: What are the unintended consequences of 871(m)? Interview: Xpress Money COO Sudhesh Giriyan talks remittance Opinion: Is biometrics the new gold standard of security?
19 20 46
FEATURE FOCUS - DIGITAL BANKING How to secure customer data in a mobile world
The challenge facing the neo-banks
Making sense of the complexity that is omnichannel The steps required to make a success of a digital bank
BIG INTERVIEW: RICKY KNOX 38
03
24 27 31 33
www.ibsintelligence.com
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