The fintech revolution is coming to wealth management. Robo-advisors are leading the way, but the changes in wealth management are just beginning. Many large brokerages in the US eliminated commissions on stock trades in the fall of 2019. As zero-commission trading takes hold everywhere, robo-advisors will have far more scope to trade. Wealthtech is changing […]
Traditional credit scores can now be augmented with new information to build better credit models. Social media profiles, GPS location data, and transaction records can help to form a complete picture. The benefits of better credit models might include more accurate pricing of credit, fewer defaults, and broader access to credit. More Accurate Than a […]
Financial firms that have been slow to adopt new technologies often worry that they cannot catch up. Yet, many developing countries have successfully used leapfrogging strategies to equal and even surpass advanced economies. If entire nations can use leapfrogging to advance beyond the leaders, then financial firms can too. The Theory of Leapfrogging Today, the […]
Although relatively little has been done so far, financial technology has enormous potential for intellectual property management. At the earliest stage, fintech could give small intellectual property holders a quick and easy way to establish ownership. Financial technology might eventually allow for automatic partial licensing of intellectual property and enable greater customization of the user […]
The Belgian niche bank CKV has selected AroTRON Debt Management platform to manage their loans portfolio and automate their debt collection, recovery and restructuring processes, in order to make its application landscape complete and future proof. The Company CKV is an unlisted, independent, stable, Belgian niche bank that has been active throughout Belgium since 1956 […]
Have you heard about the NPL tsunami? Different players in the NPL market have expressed their worries about rapidly worsening bank asset quality and an ensuing ‘NPL tsunami’ from the COVID pandemic. Those challenges have not materialised so far and one reason for keeping them on hold is clearly the policy mix that governments have […]
On 24 November 2021, the European Parliament approved the final version of Directive 2021/2167 which addresses high levels of non-performing loans held by banks in the European Union (the NPL Directive). The Directive has been under discussion since 2018. The accelerated legislative process to approve the Directive last November could have been triggered by the […]
