Peer to Peer – Scale and Scalability

From BankUnderground. Peer to Peer (P2P) lending is a hot topic at Fintech events and has received a lot of attention from academia, journalists, various international bodies and regulators.  Following the Financial Crisis, P2P platforms saw an opportunity to fill a gap in the market by offering finance to customers and businesses struggling to get … Continue reading “Peer to Peer – Scale and Scalability”

Artificial intelligence (AI) in finance: Six warnings from a central banker

Prof. Joachim Wuermeling Member of the Executive Board of the Deutsche Bundesbank spoke about AI.  Consumers may be rated by AI when applying for a mortgage. Pooling data points from internal transactions, social networks and other sources provides a more meaningful picture of banks’ borrowers. But if too much trust is put in “intelligent” systems, … Continue reading “Artificial intelligence (AI) in finance: Six warnings from a central banker”

72 Hours That Changed Banking – The Property Imperative Weekly 10 Feb 2018

Recent events have the potential to create a revolution in Australian Finance. We explore the 72 hours that changed banking forever. Welcome to the Property Imperative Weekly to 10th February 2018.Watch the video or read the transcript. In our latest weekly digest, we start with the batch of new reports, all initiated by the current … Continue reading “72 Hours That Changed Banking – The Property Imperative Weekly 10 Feb 2018”

Open Banking Report Paves The Way For Competitive, Customer Centric Services

Treasurer Morrison has release the report by King & Wood Mallesons partner Scott Farrell today in to open banking which aims to give consumers greater access to, and control over, their data. It mirrors recent UK developments, and is another nail in the competitive advantage the large players currently have.  Later the scheme could be … Continue reading “Open Banking Report Paves The Way For Competitive, Customer Centric Services”

2015

Note that links are tested on posting, but not checked subsequently. 02 Dec 2015 – Sydney Morning Herald – Moula says small businesses still don’t trust fintech 02 Dec 2015 – Bloomberg – Price Cuts Herald Sydney Home-Boom End as Foreigners Retreat 24 Nov 2015 – 2GB –  Payments and Security of Paywave 19 Nov … Continue reading “2015”

Media

Martin North, Digital Finance Analytic’s founding Principal and banking sector analyst, willingly engages with the media offering informed, objective and independent views on banking, financial services and broader economic policy issues. He has a special interest in the dynamics of the housing sector. Requests by Media for interviews can be made here  or call 0412 … Continue reading “Media”

Warnings On The Profitability Of Global Banks, Excessive Risk-taking and Leverage

The Committee on the Global Financial System  at The Bank for International Settlements (BIS) has published an important report “Structural changes in banking after the crisis“. The report highlights a “new normal” world of lower bank profitability, and warns that banks may be tempted to take more risks, and leverage harder in an attempt to … Continue reading “Warnings On The Profitability Of Global Banks, Excessive Risk-taking and Leverage”

Open banking – the invisible reform that will shake up UK financial services

From The Conversation. Open banking launched on January 13 in the UK. It requires major banks to share data with third party financial providers. This will bring a new level of transparency and encourage competition, shaking up the financial services industry and levelling the playing field for new challengers to take on the more established … Continue reading “Open banking – the invisible reform that will shake up UK financial services”

The UK’s “Open Banking” Initiative Went Live Last Saturday

Open Banking, where customers can elect to share their banking transaction information with third parties went live in the UK. This initiative is designed to lift completion across financial services, and of course in Australia, there are early moves in this direction, though the shape of those here are not yet clear. An issues paper … Continue reading “The UK’s “Open Banking” Initiative Went Live Last Saturday”

Our Most Popular Posts of 2017

As we tie the ribbons on 2017, here are the top 10 most popular posts from the DFA Blog throughout the past year. Mortgage stress and the property market were to most visited, but Fintech innovation and household finances also featured.  The ABC Four Corners programme generated the most traffic to our site in a … Continue reading “Our Most Popular Posts of 2017”