Fintechs should sell financial health, not financial services

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In the UK, last year’s report on “Consumer Priorities for Open Banking” by Faith Reynolds and Mark Chidley (which is, by the way, an excellent piece of work and well worth reading) set out just why it is that open banking by itself delivers quite limited benefits for consumers. They point towards a future of open finance (and, indeed, open everything else as well) and talk about an industry that uses the new technologies of artificial intelligence, APIs, digital identity and so on to take a more complete view of a customer’s situation and provide services that increase the overall financial health of that customer. I thought this was a very interesting way of creating a narrative for the next-generation of fintech and techfin propositions.Fintechs should stop providing financial services and start providing financial health. This may seem to be just another buzzword for embedded finance strategists, but I think it is more than that. It’s a way of thinking about the next generation financial sector. continue reading »last_img read more

Black Starlets win 2-1 over Cameroon

first_imgGhana gave themselves an important first leg result, winning 2-1 over Cameroon in the qualifying for the 2015 African Under-17 Championship on Saturday.The Black Starlets, playing away raced into a two-nil lead before the home side managed to pull one back ahead of the decisive return game in Ghana in a fortnight’s time.Ernest Agyiri and Abass Issah scored both goals in the first half to give coach Paa Kwesi Fabin’s side in a comfortable lead before the hosts got one back.The Ghanaian coach had stated before the game that getting off to a winning start in the two-leg contest was crucial in their quest for qualification.”We could have won by a wider margin. But an away win is very important,” Fabin told www.ghanafa.org after the game.”We have to prepare and not sit on our laurels. We need to finish off the game in Accra.” The overall winner will qualify for the finals alongside hosts Niger.last_img read more

Margaret Holman, 97, Oxford: Nov. 11, 1917 – March 26, 2015

first_imgMargaret Holman, 97, of Oxford, died Thursday, March 26, 2015, at the Joy Home in Oxford, KS.Margaret HolmanFuneral Service will be held at 10:30 A.M., Thursday, April 2, 2015 at the First Baptist Church in Oxford. Visitation will be held on Wednesday, April 1, 2015 from 1 until 6 p.m., no family night is scheduled. Burial will be in the Oxford Cemetery.A memorial has been established with the First Baptist Church in Oxford and may be left with Oxford Funeral Service. For further information please visit www.oxfordfuneralservice.com.Margaret Lucille was born November 11, 1917 in Drumright, Oklahoma the daughter of Oliver and Sarah (Spray) Mastin. She graduated from Winfield High School. Margaret was united in marriage to Maurice Holman on May 26, 1934. She was a homemaker all her life. She enjoyed crocheting and needle work. Margaret also enjoyed listening to Fox News, and keeping up on politics and world news. She was a member of the First Baptist Church in Oxford.Margaret is survived by her grandchildren: Tammy Holman and Anthony Holman and wife Enya; and one great grandson, Jade Holman all of Washington; and several nieces and nephews.She is preceded in death by her parents, husband and one son, Leslie Holman, a brother Ollie Mastin and two sisters, Opal Martin and Lena Cope.last_img read more

Costa out of Man City clash: Chelsea striker loses banned for three matches

first_img1 Diego Costa Chelsea striker Diego Costa has been hit with a three-match ban after being found guilty of violent conduct.The Football Association has announced that an independent regulatory commission ruled that Costa deliberately stamped on the ankle of Liverpool midfielder Emre Can in Tuesday night’s Capital One Cup semi-final second legThe Spaniard will now miss Saturday’s Premier League title clash with Manchester City, as well as games against Aston Villa and Everton.The clash, which occurred in front of the Stamford Bridge dug-outs, was missed by the match officials and was deemed to be ‘accidental’ by Chelsea boss Jose Mourinho.But the FA decided to take retrospective action after referee Michael Oliver viewed footage of the incident.Costa duly contested the charge on Thursday, but on Friday was found guilty and suspended with immediate effect.A FA statement read: “Diego Costa will serve a three-match suspension with immediate effect after a charge of violent conduct against him was found proven by an independent regulatory commission today (Friday, January 30, 2015).“The Chelsea forward had denied the charge in relation to an on-field incident involving Liverpool’s Emre Can which occurred in the 12th minute of the League Cup semi-final second leg at Stamford Bridge on Tuesday, January 27, 2015.“The incident was not seen by the match officials but caught on video.”The 26-year-old’s absence against Manchester City will come as a huge blow to Mourinho.Costa has been outstanding since his summer arrival from Atletico Madrid, and is the Premier League’s top marksman with 17 goals.The Blues, five points clear of City heading into Saturday’s clash, could also be without Cesc Fabregas.The Spanish midfielder limped out of the win against Liverpool with a hamstring injury and is in a race against time to be fit for the visit of Manuel Pellegrini’s side.last_img read more

Overseas students not jobready with English skills

first_imgOverseas students, who have a basic competency of English are unlikely to graduate with the level that is demanded by employees in Australia, according to new research. In the study, only two of the 40 students managed to receive the IELTS level 7.0 that is needed to gain employment and six of the students fell under the minimum score. This went against the assumption that non-English speaking students would improve and they studied and become “employable as professionals” academic language researcher Elizabeth Craven told The Australian. Ms Craven said that the universities and educational institutions have to do more to help overseas students as they seem unwilling to lift their English standards and that overseas students should be warned about how difficult it was to lift their English to the IELTS 7.0 or high to gain employment, professional registration or a skilled migration visa. “Those who promote study in Australia and other English-speaking countries have a responsibility to raise students’ awareness of this fact,” she said. “English language proficiency is the area in which there is most scope to better prepare graduates for their careers,” IDP says in a submission to the International Education Advisory Council chaired by businessman Michael Chaney. The company says there is “increasing recognition that international students need English language training in order to graduate as job-ready. “Many students need to mix more with English speakers or take part in structured English-language tuition programs.” The study was carried out at the University of Technology, Sydney, where Ms Craven used to work, and funded by IELTS Australia, which is owned by IDP. The aim of the study was to see how many students could reach an overall IELTS score of 7.0 with at least 7.0 in listening, speaking, reading and writing. Most students believed their English had improved since they began their studies. Facebook Twitter: @NeosKosmos Instagramlast_img read more