Fintech today is dominated by consumer tech platforms looking to reinvent financial services. Even in-spite of the reported slowdown in fintech financing activity, founders in the space still raised $8.3 billion in Q2 2020. A common criticism of these startups - neobanks, marketplaces, lenders - is that they provide the same undifferentiated products already available
With Covid-19 continuing to rise, many in the fintech world have pondered what impact the virus will have. While the crisis may be causing a down round in terms of new funding in the space, it doesn’t seem to be slowing down mergers and acquisitions. The epidemic may not even register as a blip to
Fintech, like blockchain and open banking, help in enhancing the financial operations of businesses across all sectors. READ MORE FROM THE ORIGINAL SOURCE HERE
COVID-19 is accelerating demands for new banking technologies and cost-cutting efficiencies. Cloud technologies and AI can help banks weather changes brought by COVID-19 and distinguish their offerings in the the long term. READ MORE FROM THE ORIGINAL SOURCE HERE
In New York City — and lots of other places — farmers markets are considered essential businesses. At one in the Fort Greene neighborhood of Brooklyn, people wear face masks and stand 6 feet apart while lining up for bread, potatoes and apples. But while they’re buying the same food as usual, they might have
In a matter of months, the COVID-19 pandemic has forever changed our world. What started as a global standstill is quickly turning into a race to adapt as new data pours in, and we get a better vision of our new reality. With global productivity still in recovery, we are facing an unprecedented economic downturn
While some U.S. investors might have taken comfort from China’s rebound, we still find ourselves in the early innings of this period of uncertainty. READ THE REST OF THE ARTICLE FROM THE ORIGINAL SOURCE HERE
In New York City — and lots of other places — farmers markets are considered essential businesses. At one in the Fort Greene neighborhood of Brooklyn, people wear face masks and stand 6 feet apart while lining up for bread, potatoes and apples. But while they’re buying the same food as usual, they might have
To my Fintech friends, this is my 4th annual “Top Ten” Fintech prediction. I started this tradition at Crowdfund Insider back in January 2017. As we are saying goodbye to an incredible Fintech year of 2019, I see another seismic change in 2020 for our industry. One which could spell the end to Fintech as
Financial technology innovations have forced a shift in traditional financial services paradigms and prompted large financial institutions to re-evaluate how they do business. The outsized impact that fintechs have had on the industry over the years has not only been disruptive, but quantifiable. In 2018 alone, global investment in fintechs reached record levels ($112 billion).
