Finserv Reading - Week ending June 6, 2021

Banking

Ally becomes first large bank to end overdraft fees

US Bank launches industry leading video banking options for customers

The digital corporate bank: The secret weapon for the UK economy

US digital banking users name their primary FIs their most trusted banking services providers

Europe's digital banking industry enters its first restructuring wave

Is digital banking killing traditional in Southeast Asia?

How the right banking vendor strategy can speed digital transformation

Meeting younger customers' onboarding needs

Omnichannel banking the key to building long-term relationships

Banks must use real-time insight to improve customer experiences

How open banking is transforming financial services in Europe

How embedded video can advance digital engagement

What's happening in challenger banking, June 2021


Wall Street

IPO market cools as SPACs face downturn

Payment for order flow: my two cents (per hundred)

Citadel Securities gets almost as much trading volume as Nasdaq


Economy

A curse worse than cash

The increasingly credit relevance of cybersecurity

The deeper anxieties of the inflation hawks

Good inflation

Who will will win - and lose - in the post-covid economy

Europe's data strategy: Promoting innovation or undermining competition


Asset Management

Tiger Cubs: How Julian Robertson built a hedge fund dynasty

Revolut will inevitibly get into asset management says Chair Martin Gilbert

Alternative asset managers found their 'sweet spot' in the first quarter

At Wellington, portfolio managers also code


Wealth Management 

Yield Street announces $100 million in series C to usher in new ear of investing

A data-driven path to financial wellness

Building the new Merrill Lynch: Where Bank of America's long game is leading

Charles Schwab dials in what it may consider SECs all clear signal on bitcoin


Insurance

Are insurers really behind with digitalization?

8 must haves for insurance telematics transparency

How insurtech could transform the insurance industry

Largest insurtech investment round: London VCs among others to pump GBP 460 million into WeFox


Real Estate 

How digital innovation is transforming estate agency

Black Knight continues buying spree, acquires Top of Mind


Payments 

Future of payments at hand

Consumer spending changes likely to stick, Visa says

Digitally transforming the restaurant industry with no-contact, self-ordering and payment technologies

5 minutes with Natalie Kelly, Visa's SVP and global head of payment ecosystem risk

What's pushing growth in proximity mobile payment usage?


Venture Capital / Private Equity

Venture capital fund plays role of credit union, fintech matchmaker

Tech-focused Architect Capital to provide asset-based financing

Cota Capital expands its fintech practice with two new partners

Singapore's iGlobe starts $100 million fund for fintech, biotech


AI / ML

Temenos takes explainable AI product global

Conversational AI to shape future customer experiences

How AI builds and sustains a competitive advantage in banking

Boosting the customer experience


Bigtech 

The G7 nations have agreed to make big tech companies pay their fair share of taxes

LG is shutting down its mobile payments service

Amazon's $34 billion makes it an investment hero, study says

eBay and PayPal finally break up for good


Fintech 

Square: Expanding globally with fintech ecosystems strategy

Fintech changed the financial world quickly. Here's what's next.

The benefits of early data access for fintech startups


Blockchain / Crypto 

Understanding the systemic shift from digitization to tokenization of financial services

Central bank digital currency: the Fed's coming power grab

Silicon Valley bets on crypto projects to disrupt finance

DeFi is helping to fuel the crypto market boom - and its recent volatility

Visa and the cryptocurrency opportunity inside the card networks digital currency plans

Should central banks worry about Facebook's Diem and Alibaba's Alipay?


Regulation / Compliance 

UK regulator wants on crypto industry's anti-money laundering practices

US regulators signal bigger role in cryptocurrencies market

Mortgage servicers should prepare to be in CFPB crosshairs

Fintech Global Regulatory Round-up: w/e May 28, 2021


Corporate Venture / Innovation  

Rapyd launches venture arm to boost fintech innovation globally

Creating urgency around corporate innovation

The omnichannel dilemma

When an educated guess beats data analysis

5 models for the post-pandemic workplace

How leaders can encourage imagination

The untapped potential of B2B customer loyalty programs

Visa expands its bank tech matchmaking program to the US


Personal Development / Leadership

This 10 minute routine guarantees success your next morning

Anything is possible if you pay the price

Enthusiastic consent

You're okay

Give your communications a boost


Podcasts / Videos 

Banking without banks: Decentralized finance is coming

Adam Grant: Rethinking your position

Running a consumer fintech startup within Goldman Sachs

Crypto: A new asset class?


Speeches / Communications 

Christine Legarde, President, ECB: Learning the right lessons from the past

Lael Brainard, Governor Fed Res: Remaining steady as the economy reopens


Research Reports  

Lost in transaction: Consumer payments trends 2021

GS: Crypto - A new asset class?

FTPartners: June 2021 Global Monthly Fintech

Central bank digital currency: When price and bank stability collide

McK: The future of business building in insurance

Accenture: The Future of Asset Management

Accenture: Towards the Markets of Tomorrow

IMF: Are passive institutional investors engaged monitors or risk-averse owners? Both!

The impact of fintech startups on financial institutions performance and default risk

FSB: Targets for addressing the four challenges of cross-border payments

The future of digital banking in the UK

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