Bankosaurus Innovation -- Fintech Digest from Autonomous ?NEXT

Hi fellow futurists -- something different this week.

For the top 3 items, we would point you (1) to the legal advancement of the SAFT project, see Token Economy and our OpEd on ICOs there, (2) Oracle's move into open banking and artificial intelligence, and (3) this list of Insurance companies that are now plugged into Amazon Alexa's conversational interface. But on to the main event:

We at Autonomous have been hard at work parsing Fintech, Innovation and Crypto themes, and applying them to financial incumbents in a robust, quantitative way. The results of that work are finally available. 

• We graded each “Bankosaurus” on 18 different attributes encompassing both its current state of digitalization and its ability to transform itself in the future. The Nordic banks come out on top in having a future-proof model.
• We also develop a live Innovation Index aimed at identifying the banks most engaged with key Fintech themes, such as blockchain, artificial intelligence, roboadvice, neobanks and chatbots. We built the Index using a big data system that analyzed hundreds of thousands of media mentions of companies and themes. Global investment banks are quite engaged with innovation, with BBVA and Santander also coming up as leaders.
• We produce 51 standardized bank scorecards for each bank, and rank it versus peers. Compare at a glance JP Morgan vs Bank of America, Credit Suisse vs UBS or Citi vs Wells Fargo.
• We also rank banks relative to Big Tech and Fintech Startups, and find that they fall far behind when it comes to fintech exposure to companies outside their industry. Being first among the Bankosaurus still means extinction risk!

You can download the preview of the analysis here, and please reach out to [email protected] if you are an enterprise executive or institutional investor interested in the full deep dive.

* Note that companies under Autonomous Research coverage may feature in the content. These rankings are not investment advice or investment research. Autonomous Research clients may refer tohttps://www.autonomous.com/dashboard.html for published current research analyst recommendations and reports. 

As a bonus, deeper curation of our weekly themes is below, which is normally reserved for newsletter subscribers!

#Blockchain for Enterprise

• Illinois Is Experimenting with Blockchains to Replace Physical Birth Certificates. What are the challenges in replacing a highly standardised system?
• Startups are Using Ethereum’s Blockchain to Combat Ticket Touting and Fraud. How can immutable platforms aid in selling and distributing tickets?
• Ethereum Challenger Built from Project Incubated by Disney. How will the project compete against Ethereum in assisting firms with efficient Blockchain adoption?

#Bitcoin & Initial Coin Offerings

• South Korea is Evolving into an Ethereum Powerhouse. What is driving the growing number of developments, domestic projects and communities?
• Goldman Sachs Is Considering Ways to Facilitate the Trading of Cryptocurrencies. How can the giant incorporate Bitcoin and other digital currencies into its trading operations?
• The SAFT Project is a forum for the discussion of a compliant framework for token sales. Will this legal framework see widespread adoption, or be rejected by the cryptoeconomy?

#ArtificialIntelligence

• Oracle’s new database uses machine learning to automate administration. How is Oracle using AI to manage information and protect user data?
• Artificial Intelligence, Customer Centricity and Banking's Social Contract. What trends accompany the rise of AI adoption in financial services?
• Strata event serves up new big data, artificial intelligence products. What are the latest developments by leaders in the AI space?
•  Informing Investment Decisions Using Machine Learning & Artificial Intelligence. Why is JP Morgan talking about AI?

#Roboadvisor 

• How Advisors Can Cope With Pricing Pressure In A Fiduciary Era. What are the required business model changes to better position your practice?
• Schwab: Robo-Advisers Not So Disruptive. How difficult is it to sale a trust business in a short period of time?
• Robo-Advisor Blooom Now Has $1 Billion in Assets Under Management. How is this robo-advisor helping the "traditionally un-helped"?

#Neobanks & Digital Lending

• Hong Kong Now Has Three Different Fintech Sandboxes, InvestHK Applauds Government Actions. What is driving Hong Kong's sudden embracement of financial innovation?
• WePay Forms New Partnership With SignUpGenius to Simplify Online Payments. How will the partnership yield new capabilities for users in the payments industry?

Financial #APIs and Banks-as-a-Service

• Open Banking APIs are Not Created Equally. What factors are differentiating APIs ahead of PSD2?
• Oracle Opens API Framework for Open Banking. How does Oracle's platform-as-a-service initiative target banks ahead of Open Banking?
• Nacha names first APIs for development. Which APIs will primarily support payments industry advancements?

#Chatbots & Voice

• The Rise of Native Chatbot Development for Website / Mobile App. What is the importance of conversational interfaces for widespread Chatbot adoption?
•  Chatbots: what are they good for? What are the common misperceptions surrounding Chatbots?

#Regtech, #Crowdfunding

• Will regtech kill bank jobs? Are employees rightfully worried about the intersection between regulation and technology?
•  Bank of England takes another step towards embracing DLT, RegTech. How is the BoE collaborating to detect anomalies in regulatory data?

#Payments

• Sberbank, Russia’s Largest Bank, Announces Payment Solution. How will the bank use bots to process both orders and payments for its clients?
• As Shopping Behavior Shifts, Payments Ecosystem Evolves. Can the personalisation in e-commerce be replicated inside physical stores?

#Insurtech

• Ping An Launches 10 AI+ Innovative Services. How is the insurance giant providing clients with top class experiences?
•  Dear Alexa, How Much Money Do I Have? Is voice computing and insurance a match made in heaven?
•  Flock Raises $3.5M Series A Funding from The Hartford & Existing Investors. How does the HR and benefits administration platform target employers?

#AttentionEconomy & Millennials

• How To Stand Out In The Attention Economy. Which four principles can help businesses navigate through the modern era?
•  Facebook’s ‘like’ button is harming users, says creator. Can harvesting information on user preferences be harmful to millennials?

#VirtualReality & #AugmentedReality

• The 3 Biggest Challenges Facing Augmented Reality Today. What differentiates the challenges faced by AR from VR?
•  Tripp Raises $4 Million For Mood-altering Virtual Reality Experiences. How can VR exploit sensory and immersive elements to alter your mood?
•  For Once, Microsoft Got The Jump On Google and Apple with HoloLens — Will It Last? How is Microsoft's device disrupting existing business processes?

#InternetOfThings

• The rising tension between IoT and ERP systems. Can enterprise resource planning handle a global network of sensors and devices?
•  Intel Launches New Internet of Things Solution To Help Companies Quickly And Securely Onboard Connected Devices. How is Intel helping customers get passed the proof-of-concept phase in IoT?

Want even more rich content on #fintech in your mailbox? Our newsletter tracks #blockchain, #roboadvisors, #neobanks, #artificialintelligence, #regtech, #insurtech, #chatbots and more. To subscribe to Autonomous NEXT, click here.

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• This content is not investment research or investment advice, is not intended to lead to a transaction, and should not be used by retail investors (see disclosure).