Swave is launching a three-month challenge to help Britain start a savings resolution in 2017. Swave have developed a unique app to help even the biggest spenders save more towards their financial goals.

With the help of our trusted EPA Ambassador, Svetlana (Lana) Hoffmann and conversations with many EPA members, we’ve produced 20 predictions for 2017.

Take a mouthful, swill them around and breathe in deeply. See if they taste good. 2017 will be a vintage year for PayTech: complex, memorable, with true stand-out qualities.

TECHNOLOGY

1. Collaboration will be the main driver of innovation

We will see even more cross-industry, cross-company and cross-national collaboration in 2017, building on strong collaboration from 2016.

A new year means new beginnings, new opportunities, new resolutions, and for some workers, a new job. According to a new CareerBuilder survey, more than one in five workers (22 percent) are planning to change jobs in 2017, similar to last year (21 percent). Among younger workers, the numbers are even higher. More than a third of workers ages 18 to 34 (35 percent) expect to change jobs in 2017, compared to 30 percent last year. This compares to 15 percent of workers ages 35 and older.

Fraud and cybercrime have been a concern for corporate treasurers for several years, and this past year showed us that there is a new risk to consider: connectivity. The stories of banks being hacked and losing millions through unauthorized payments shook the industry, since protecting payment connectivity workflows was low on the priorities list for treasury.

While unfortunate for those involved, there are valuable lessons to be learned for the rest of us in treasury:

Over 40 years ago, ATM machines were introduced and since then there have been remarkable modifications done to the machines, in order to accomplish the needs and dreams of users. ATM machine works as an automated teller; additionally today’s modern ATMs provide a large number of baking transactions! Nevertheless, to humanize the machine, a lot of upgradation was implemented on the unmet needs. 

First of all, I would like to thank the many readers that in the last two months since launch of "FinTech Innovation: from Robo-Advisors to Goal Based Investing and Gamification (Wiley, 2016)" have shared their pictures, public comments or sent private emails to discuss the content of this thought leadership work.

"FinTech Innovation" develops on three pillars the concept of personalisation of personal finance:

J. M. Keynes had already imagined central bankers as orthodontists, intervening with humble fiscal and monetary policy to optimise the dynamics of the economy at large:

“If economists could manage to get themselves thought of as a humble, competent people, on a level with dentists, that would be splendid.”

Yello has announced a new partnership with Alcinéo in order to bring their integrated, first of its kind, customer experience and payments platform, YelloPad, to market sooner.

The YelloPad product seeks to change the way payment terminals around the world work. Yello designed the platform to benefit a wide range of industries including retail, hospitality, healthcare and loyalty.