At Digital State we are at the forefront of Future Commerce, Fintech and Digitisation for financial services. We are happy to share our thoughts, ideas, news, opinion and views from across the industry.

The debate in our opinion is only getting started. 

GOODBYE SURCHARGES - PSD2 AND OPEN BANKING – JAN 2018

The EU payment services directive PSD2 comes into effect January 13th the same day as the UK’s Open Banking regulation. It will take time for all aspects to trickle down to consumers but one significant and instant change is the elimination of card surcharges.[...]

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CHALLENGING ACCOUNT OPENING

There are 3 things that I look for when opening a new account:

  1. App Capability
  2. Paperless Documentation
  3. Quick Response Times

This shouldn’t sound unreasonable and in fact it isn’t for the challenger banks and payment [...]

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 EVOLUTION ACROSS THE ASSET INDUSTRY

Times are changing for the asset management and asset servicing businesses. Sweeping changes are occurring across the industry transforming tightly managed markets and counterparty based relationships from a business [...]

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Q2: A FINTECH SNAPSHOT

Summertime is here. Students have finished their exams and families are taking well deserved holidays. So it’s a good time to reflect upon the past quarter in the Fintech market.  There have been some really interesting moves of late so let’s take a look at their significance.  [...]

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THE SOUND OF THE 'FINTECH' CROWD

Alternative finance including P2P lending and crowdfunding (CF) has ably filled the gap left by the banks inability and unwillingness to provide much needed finance post 2008. Here we consider reasons to be optimistic for the future of social financing and how lending platforms will continue to benefit the market. [...]

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MARKET REGULATION AND OPPORTUNITY

Regulation is a fact of life in financial services. Banking and financial institutions face it across multiple layers but few manage to turn it into an opportunity. They now risk losing out. Here we look at why this happens by reviewing two of the more relevant pieces of legislation across the banking and finance marketplace. […]

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MANAGING CLIENTS AND MARKETPLACE

I have met several of the leading financial institutions over the past few weeks. Talk often turns to Money and Payments and how rapidly the landscape is changing. There are many factors for consideration some of which I have included hereunder, there are likely to be winners and losers over the coming years. Marketplace – EU […]

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PARTNERING OR GOING IT ALONE

The idea of whether to engage in partnerships comes up frequently at Fintech conferences. On reflection I don’t think there is a right or wrong answer and here is why. Large financial institutions frequently extol the virtues of partnering with Fintech firms whether they are new start-ups or established. I attended the ‘FutureScope’ conference in […]

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DUBLIN’S INTERNATIONAL FINANCIAL SERVICES CENTRE

I have lived and breathed Dublin’s Financial Services capabilities for 20 years and the more I think about it the more impressed I am. Back in 1995 when I started my career the International Financial Services Centre or IFSC was in its infancy. I was one of the first industry graduates having completed the Irish […]

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OFFSHORING TO IRELAND

Like most businesses there are many routes to market and setting up a new fund in Ireland is no exception. Managers will typically either self manage (establish a physical presence themselves) or appoint an administrator to whom they can outsource a range of functions and services. Establishment which is the main theme of this article […]

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