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Motive Partners - Sunday Brainfood

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Mark Carney (Governor, Bank of England) commenting on the prospects of Central Banking for 2019: Sec
 
December 30 · Issue #123 · View online
Brainfood
Mark Carney (Governor, Bank of England) commenting on the prospects of Central Banking for 2019:

Securing monetary and financial stability in an increasingly open and interconnected global economy and financial system requires more than a purely domestic focus. It requires co‑operation, collaboration and coordination across borders.
Responsible openness allows capital to move freely, efficiently and sustainably between jurisdictions and this, in turn, supports trade, investment and jobs around the world. And it means deeper global financial partnerships between advanced and emerging economies that will be the most important drivers of global growth in the decades ahead.


Piyush Gupta (Chief Executive Officer, DBS Group Holding) commenting on the prospect of Banking and Financial Technology for 2019:

What will happen in short term is that the physical presence of banking could be reduced and by that I do not mean branches but the banks’ products could get hidden under what the consumers really want. The banks will become invisible. They will become integrated with other services the customers really want and you will see less of the banks in your face.
The banks will always need to keep working on the next new thing to ensure reimaging the customer experience. Therefore, the money they spend and the investment they make will be significant.
Most of FinTechs find it hard to acquire customers, therefore most of them wind up collaborating with established incumbent banks as a service provider, whereas the TechFins are sitting on large customer data pool - Facebook, Google, Amazon, Alibaba. So, they do not have the challenge of customer acquisition and as a consequence, they can perform many of these functions. At the same time, the big banks in the developed markets will want to keep their market share. This will form a different type of competition.


Motive Podcasts
The Future of Finance by Motive Labs on Apple Podcasts
The Future of Finance by Motive Labs on Android
Upcoming Industry Events
Financial Services
Mastercard Mastered in 2018, to Retain Strength in 2019
PwC FinTech Lead Shares Positive Outlook for Crypto Market in 2019
HSBC launches ‘Greater Together’ campaign
Growth slowdown in 2019 – Natixis
RBC's McGregor eyes more private-equity dealings in 2019
Top ten banking tech case studies in 2018
Sparda banks turn to Sopra Banking Software for tech overhaul
The future of banking in the spotlight as digital trends take hold
How the Royal Bank of Scotland Group PLC’s management team can achieve a FTSE 100 first in 2019
Making FI/FinTech Partnerships Work
FinTech
Banking in a Fintech era
Top ten blockchain stories in 2018
Banks 2019: Balancing FinTech And SMB Service
Top ten FinTech infographics in 2018
Top ten FinTech interviews in 2018 – FinTech Futures
2019: market turmoil to drive FinTech demand
The year 2018 for FinTech Sector
Top ten FinTech analysis features in 2018
Fintech in 2019? Predictions for Crowdfunding, Open Banking, SMEs, Regulations & More
Regulation
Square refiles for a banking licence
Three moments in 2018 that changed advice forever
Butterfield: international financial centres crucial to FinTech regulation
NEO Receives Authorization to Convert into a MIFID2 Regulated Firm to Deal with FX Derivatives
Key Hires
Powered by JBM Consulting- a leading financial services & technology-focused boutique search firm
Treasury urged to hire a woman as Bank of England governor
Citi Hong Kong Announces Senior Appointments in Consumer Banking
Standard Chartered bank appoints new CEO
Lloyds Asia GTB head to take over as CEO of commercial banking
M&A Activity
Funding Transactions
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