Fintech

Recipients of the 2016 FinTech Forward awards discuss the way their conversations with banks have changed over the last year as banks become savvier about serving their customers in a digital world.

The surprise vote by the U.K. in June to leave the European Union may encourage fintech firms in London to expand across the pond. That was the case with Duco, a financial data management company, which recently added senior managers in New York. "Hiring talent in London was already hard on the tech side, and we think it's going to get even harder" says CEO Christian Nentwich. Duco was selected last year to participate in Accenture's Fintech Innovation Lab in London.

"Nobody really paid attention" when the technology for algorithmic portfolio management and investment advice was developed five years ago, says Gauthier Vincent of Deloitte. But now that robo startups are all the rage, retail banks want in.

Robard Williams, senior vice president with Moody's, discusses how the explosion of fintech companies – 4,000 by his firm's count – will help banks adapt to a digital world.

Ryan Singer, CEO of startup Blockchain Health, explains how blockchain, multisignature and device ID technologies could give consumers greater control over their personal information — in this case, medical data — in the second part of a three-part conversation.Part I: 'Everyone Is Less Secure Over Time'

Banks' core systems are like spaghetti — a mess of noodles. They need to find ways to be more structured,, says Hanspeter Wolf, CEO of onboarding software vendor Appway.

Hanspeter Wolf, CEO of onboarding software vendor Appway, on how he defines fintech and what he sees for its future.