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Next Generation Finance: Adapting the financial services industry to changes in technology, regulation and consumer behaviour by Robert Lempka, Paul D. Stallard

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The Future Is All About The Data

By Chris Skinner

About the author

Chris Skinner is chairman of the Financial Services Club, CEO of Balatro Ltd. and comments on the financial markets through his blog the Finanser. He can be reached at chris.skinner@fsclub.co.uk.

Abstract

There is a range of trends impacting payments and transaction servicing that is culminating in radical changes to the whole way we think about banking and money. In part, these changes are being forced on the industry through regulatory agendas of politicians but, in larger part, these changes are being required by customers and corporates as technology changes relationships with their financial providers. This paper looks at the outcome of such changes and finds ...

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