Industry Advocates Insights
9th March 2016
Is the fintech bubble bursting? No. Not according to investors speaking across numerous panels and in interviews at the #execfintech conference in Frankfurt this week.
Speaking on the topic of the future of fintech, investor and advisor Nasir Zubari said not only is the bubble is not bursting, but that talk of there being a bubble in fintech at... read more
29th February 2016
15.5% of digitally active consumers have used at least two fintech products within the last six months. This finding emerged from the survey that was conducted by Ernst and Young (EY), where more than 10,000 people in the UK, Australia, Canada, Hong Kong, Singapore and the US were questioned about their current and potential future use of fintech.... read more
22nd February 2016
Over the past few years, the fintech scene has really exploded in the UK, with big players in the payment and alternative funding sectors taking centre stage, to the extent that London is now regarded as one of the world’s most high-profile fintech hubs.
Firstly, what is fintech?
Well, according to the site Hot Topics, “as a... read more
11th February 2016
Could 2016 be the year of the fintech enablers? More and more banks are experimenting with and investing in new technology such as blockchain, big data and machine learning algorithms. However, we are yet to see the full effects of these partnerships but day 2 at Finovate showcased many products that could provide alternative financing.
... read more
10th February 2016
Innovation in fintech has moved in a new direction in 2016 and with new players coming to the surface, the traditional sector has started to become digitally savvy after understanding that the consumer is looking for simplicity and cost effective solutions. Since the financial crisis, billions of dollars have been spent on startups in order to fund... read more
8th February 2016
“In China, you see a lot of stuff happening for the first time over the mobile and Internet platforms. China is far ahead of the rest of the world," Tim Pagett, financial-services industry leader at Deloitte China, told The Wall Street Journal. Fintech has exploded in China and many innovative startups have benefited from the... read more
5th February 2016
The FinTech Innovation Awards are now in their second year, and the judging panel is only getting more illustrious. Meet a few of the FinTech wonders selecting this year’s winners.
Chaired by Dan Cobley, this year’s prestigious line-up of judges comprises leading authorities and specialists from across the FinTech sector. Find... read more
3rd February 2016
Research suggests that the number of smartphone users worldwide will surpass 2 billion in 2016. This phenomenon has brought about both great opportunities and huge disruption in the personal banking and commerce sectors. Financial institutions now have the opportunity to engage with their customers in a highly contextual and personal manner.
... read more
2nd February 2016
With the US, Asia and Europe investing heavily in fintech, Canada is surrounded by big players in the industry, but recent reports have revealed that although the country has potential for innovation, adoption has been slow. Despite this, Ernst and Young (EY) are positive about this finding as it reminds Canadian banks that newer, sleeker products... read more
1st February 2016
Following the recent breakthrough of artificial intelligence (AI), many have been wondering how this form of technology can be implemented in the financial services. As newer products emerge, it questions how popular the traditional legacy financial institutions will remain or perhaps, fintech startups will gain an increased number of customers, in... read more