FinTrack, August 2020 - Innovations in Financial Services

FinTrack, August 2020 - Innovations in Financial Services

Summary

Every month, FinTrack showcases the latest innovations from financial services providers around the world. Each innovation is assessed and rated on key criteria, providing you with valuable insight.

The provision of financial services is constantly evolving, with new technology having a particularly significant impact. Innovations such as digital delivery, AI, biometrics, and robo-advice are enabling providers around the world to offer new and improved services to customers that will improve the way they manage their finances. The growing availability of these technologies is also making it easier than ever for new entrants to develop their own propositions and challenge the established providers.

Scope

  • HSBC launches Omni Collect payment platform in India
  • Care Covr introduces childcare expenses insurance
  • Virgin Money launches First Time Buyer app trial
Reasons to Buy

FinTrack will help you to -
  • Keep up to date with the latest innovations from your competitors.
  • Develop cutting-edge product and channel strategies.
  • Identify the latest trends in the delivery of financial services.


Consumer Payments
PayPal introduces interest-free buy now pay later service
HSBC launches Omni Collect payment platform in India
Insurance
Starr Gate is a usage-based aircraft renters’ insurance policy
Lemonade provides digital home, renters’, and pet insurance
Care Covr introduces childcare expenses insurance
Retail Banking
Bueno launches service for customers buying and maintaining property abroad
Virgin Money launches First Time Buyer app trial
Wealth Management
TaxProper offers automated solution to lower property tax
Standard Chartered launches three scenario-based simulators
Northern Trust and BondEvalue collaborate to execute blockchain-based bond trade
Appendix

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