Digital innovation has helped evolve the financial services sector, but the global pandemic has prompted an overhaul in the role of advanced technology and digital services as traditional bricks and mortar business models lose relevance and consumers radically adjust their banking behaviour. To remain competitive in this new digital reality, it is important that senior leadership recognise the part technology has to play in adapting to the banking world that Covid-19 has created says Santiago Jimenez Barrull. These emerging financial services and products, powered by emerging technologies such as artificial intelligence (AI), blockchain and machine learning, have played a defining role in the banking sector for the past few years, but in order to remain relevant in the uncertain environment instigated by a global pandemic, their function in banking systems is more evident than ever. These tools are the key to banks being able to streamline services, redefine business models and focu...

“Evolving Sustainable Organizations from Value Chains to Value Networks as the key source of competitive advantage to promote Sustainable and Social Communities through the alignment of Corporate Finance with GreenTech Infrastructures and Social Development". I am one of the Internet Pioneers in Europe and the Founder and Chairman of maat Group (www.maat-g.com), the holding company of one of the most innovative and fast growing independent privately owned Structured Corporate Finance / Technology / Services Group (est. 1999) established around Maat International Group with corporate presence in Europe, UAE, Africa and Asia representing the interest of some international investments coroporations. My leadership and business experience accumulated both in Public and Private Sector marked a change in the pioneering the development of Internet in Europe; Corporate Strategy of Professional Services offering into the Structured Corporate Services (Multilateral Agencies, Investment Funds...

Una alternativa financiera para empresas y particulares... Initial Coin Offerings  can be considered as an alternative form of crowdfunding that has emerged outside of the traditional financial system. This model has helped a lot of successful projects and companies get the funding required to start their business.  In 2013, over  US$5.1 billion  were raised via crowdfunding worldwide,  which increased to  US$16 billion  in 2014 and was estimated at over  US$34 billion  in 2015.  https://topicolist.com/ The momentum behind crypto remains powerful. Bitcoin is still worth seven times what it was just a year ago. In the first quarter of this year, according to CoinDesk, a news service, $6.3bn was raised through initial coin offerings (ICOs), a form of funding in which firms issue digital tokens, more than in all of 2017.  Up till July of 2017, the total dollar amount raised in Initial Coin Offerings (ICO) was a sta...

According to a recent report an API can be defined as: “An interface to a software component that can be invoked at a distance over a communications   network using standards based technologies.” The API Economy represents a new—but already proven—way   of doing business: flexible, powerful, on demand integration with   almost any external system. **************** Today’s technology trends of mobile expansion, social   elements in most processes and the accelerating shift   to the cloud are all software-driven at their core and are   radically changing industries. The effects are broad and deep: •      Internal processes are starting to be automated, the first   step to becoming  optimized. •          Processes that used to be slow are now taking place in   real or near real time. •         An increasingly large amount of dat...

The new role of APIs in the Payment System ... APIs can help customers share their transactional data with other players or initiate transactions  via third party applications.   **************************** PSD2 introduces two new types of licence for TPPs: a licence for Payment Initiation Service Providers (PISPs) and a licence for Account Information Service Providers (AISPs). In terms of the types of services that can be offered, both licences are more restrictive than those held by regular payment institutions. AISP and PISP services are relevant to a PSP and its corporate and retail customers – not to services between PSPs, such as in correspondent banking. A payment initiation service is defined as a service to initiate a payment order at the request of a PSU with respect to a payment account held at another PSP. Payment initiation services enable the PISP to provide comfort to a payee that the payment has been initiat...

The API Economy -  Towards new Digital Business Model. It´s known that Industry disruption has always been driven by technology and standarization.      Application programming interfaces ( APIs) are  the key "building blocks" of the new Digital Business Platform. APIs are pieces of software code that provide a "set of technical and functional specifications" to nteract with information and business systems.   APIs organizational’s core assets can be reused, shared, and monetized through APIs that can extend the reach of existing services or provide new revenue streams.   APIs can be managed like a product—one built on top of a potentially complex technical footprint that includes legacy and third-party systems and data. Digital Disruption is fueled by API´s   Companies should commit to building a marketplace...