CONTENTS
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60 62
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70 Getting your clicks
60 A magic formula Teaching kids money management is a challenge for families across the world. US-based Greenlight is using its unicorn status to reach more of them
62 Making the small mighty Challenger business bank NorthOne wants to help SMEs not just survive but be recognised for the heroes that they are
The etail explosion spurred on by COVID-19 is a golden opportunity for the industry – if it can collaborate over payment security, says G+D
DIGITAL TRANSFORMATION 77 The rise of modern banking Søren Skov Mogensen, Chief Growth Officer for infrastructure provider Banking Circle, believes dramatic and rapid changes to consumer habits during COVID-19 has helped bake new models into banking
PAYMENTS 66 AIR we go again! We discover more about version 2.0 of SmartStream’s groundbreaking reconciliations program from CEO Haytham Kaddoura
80 The door is now 'open' The Avaloq.one platform has seen increased demand from all parts of the banking and wealth management industry as fintechs and institutions address issues exaggerated by the pandemic
68 P is for payments Next year, the Nordic countries will introduce a new, crossborder payments system that replaces domestic clearing houses. It’s driven by the region’s six big banks, including SEB’
83 And now for the recovery Lloyds Bank is adopting an API-first approach, and working ever-closer with fintechs, to help build a path out of the crisis for business
ARTIFICIAL INTELLIGENCE 89 Smart thinking Can AI really make running reconciliations as intuitive as a phone app? Just watch, says SmartStream AIR’s Victoria Harverson
92 A is for Augmented Artificial intelligence is becoming ‘part of the business fabric’ at Wells Fargo – it’s a utility as essential and anonymous as electricity. For now, at least...¶
95 Trading priorities BNY Mellon’s Joon Kim considers the potential for AI and other digital technologies to transform the trade finance industry
LAST WORDS 98 Broken banks: The rise of Starling We all think we know the Starling story, but if you’re a fintech junkie, Anne Boden’s short history of broken banking and how she fixed it is still compulsive reading
THEFINTECHMAGAZINE2020 EXECUTIVE EDITOR Ali Paterson
US CORRESPONDENT Jacob Bouer
EDITOR Sue Scott
ONLINE EDITOR Eleanor Hazelton Lauren Towner
ART DIRECTOR Chris Swales
PHOTOGRAPHER Jordan “Dusty” Drew
SALES TEAM Chloe Butler Tom Dickinson Karen Estcourt Serena Khemaney Shaun Routledge
VIDEO TEAM Lewis Averillo-Singh Laimis Bilys Lea Jakobiak Daryl Kotze Douglas Mackenzie
FEATURE WRITERS Hannah Duncan ● David Firth Tracy Fletcher ● Andrew Gaudion Martin Heminway ● Alex King Doug Mackenzie ● Natalie Marchant Sean Martin ● Fiona McFarlane Martin Morris ● Sue Scott James Tall ● Swati Sanyal Tarafdar
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Issue 18 | TheFintechMagazine
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