Fintech

I see a lot of people talking about 2023 as the year we see the FinTech markets separate the wheat from the chaff. No wonder when you look at the stats that show it’s the end of the boom party. As reported by Hugh Son at CNBC: Many fintech companies — particularly those dealing directly…

Here are this year’s 11 most-read blog items but, unlike previous year’s, they are not in order as it made more sense to list them by subject matter. Therefore, the placement is in parenthesis. Enjoy!   Banking in 2022: what’s going to happen? (#9) www.thefinanser.com/2022/01/banking-in-2022-whats-going-to-happen.html/ This was the forecast for banking made in January, using …

I’ve covered in-depth views on FinTech in Africa, the Middle East (or is that West Asia?), Asia, Latin America and more, but feel that I skipped over India where the only in-depth views I’ve shared has been about PayTM. So, this time, it’s India’s turn. According to Ernst & Young – or is it just EY…

In our final FU before Christmas, we made it a jolly one and, before you watch this week’s show, how about a little quiz for yourself? The fastest growing service ever launched achieved over a million users in five days. Who or what is it? Central banks cannot go bankrupt. However what made the Belgian…

People took great delight in telling me how some of the big FinTech trade shows this year appeared to be lots of struggling FinTech firms holding out begging bowls to banks. Many start-ups are struggling, with their cash runway running out, and they desperately need funding and investment. The banks are smiling and feeling that…

FinTech began in the 2000’s and was fuelled by new technologies – cloud computing and the smartphone in particular – alongside the failing of traditional finance when the financial crisis hit in 2008. Now that we enter a global recession, FinTech has a new challenge: dealing with no investors in a time when they need…

I was intrigued by the news of Glorifi, an anti-woke FinTech start-up that closed before it had really opened. The company, which missed multiple launch deadlines and had its CEO step down due to misconduct, is citing “reputational attacks” and “the failing economy” Rolling Stone, November 2022 The firm was pro-Republican, pro-America, pro-freedom and pro-capitalism,…

It’s interesting how often I see the word disruption, or things like incumbent and old. And yet, after almost twenty years of such discussion, has the old incumbent been disrupted? It doesn’t seem that way, as borne out by two articles I picked up on this week: JP Morgan remains world’s biggest systemically important bank;…

As those who have picked up my recent books, you will know that I’m an avid observer of Ant Group and Alipay’s activities. After all, the company did become a 30,000 word case study in my book Digital Human. I haven’t written about Alipay for a while, but did note the release of Alipay Plus or,…

After this year’s Money 2020 in Las Vegas, there’s lots of doom and gloom. FinTechs struggling for investment, rats leaving sinking ships, companies desperate for bank buyouts and bank support, and so on. Specifically, this commentary on Medium stood out for me: Fintech is Slowly Dying and That’s Good News Fintech was going to eat…