Since the beginning of 2020, the coronavirus pandemic has caused an enormous slump in the global economy due to lockdowns all over the world. The IMF expects global GDP to decline by 5%, and for the euro zone it is likely to be as much as 10.2%  – and these are the figures before a possible second wave. It remains to be seen how the economy will recover. What can already be well assessed, on the other hand, are the qualitative effects of the pandemic on the macro trends relevant to the financial industry.Continue reading »
News published by other companies, often with added comments by us.
In an interview with “Konfuzius-Institut” – the Magazine, Daniel Fasnacht explains how the importance of money is beginning to change, how digital payment systems work in China and what role China could play in financial services and trade worldwide.Continue reading »
Chinese tourists are big business in Europe. Their needs will give rise to disruptive business models with new digital payment services. Technology giants are about to build ecosystems that integrate QR code payment across Europe, threatening established and profitable banking businesses.Continue reading »
Crypto Meets Banking: How to Blockchain-Enable the Financial Sector? On January 20, 2020, we will discuss this question at an event hosted by the Frankfurt School Blockchain Center and by BEI St. Gallen. We think it is now clear that blockchain, crypto assets and DLT have made their way, will not fade away and will revolutionize the financial sector. The question therefore is how to blockchain-/crypto-enable existing banks and financial institutions.Continue reading »
Networking, collaboration, data – these are the new core concepts in wealth and asset management. On the one hand, it is about making all available and accessible in a digital format to increase the efficiency of business. On the other hand, it is central to understand the changing customer wishes and implement the right digitalisation strategy.Continue reading »
Watch the gap; between the Attention Economy and financial services. Market forces are fiercely at work to start closing this gap. I shared insights around […]Continue reading »