Posts Tagged ‘trends’

A Million U.K. Consumers Just Switched Their Bank Accounts — But Not To Fintech Challengers

Nearly a million Brits switched their current account last year, as growing frustration with existing banks led a record 965,317 account holders to ditch their existing bank, up 6% YoY. But, despite the hype around digital challengers like Monzo and Starling, it was traditional high street banks who benefited most. The big takeaway from this data […]

Here’s what happened to the cryptocurrencies that celebrities vouched for

Actors, pro athletes, and other celebrities can provide a little-known cryptocurrency with the star power it needs to gain enough attention from investors. And even if the SEC says it’s a highly dubious strategy, the hype is clearly working for some ICOs. But what happens after the celebrity promotes the coin? The Verge takes a look […]

Banks Have Officially Lost to Crypto Says Former JPMorgan and BBVA Executive

Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech companies. Over the past few years, cash has become increasingly irrelevant, especially in […]

The 10 most thought-provoking insights from In|Vest

Will AI truly transform wealth management? Should planners use robos into their practices? What’s the best way for advisors to integrate technology? Industry experts touched on these and other burning questions at SourceMedia’s In|Vest 2018 conference, giving financial planners plenty to consider when it comes to digitally transforming their businesses. Financial Planning presents 10 of […]

Five Trends in Fintech to Watch

Consumers are embracing the idea of on-demand finance, or fintech, thanks to mobile and cloud computing. But don’t discount traditional financial firms. As the following five trends indicate, they and mega-corporations are increasing their fintech investments and competing with startups to offer financial services products faster and more efficiently. Trend 1: Financial firms are jumping […]

China’s fintech companies offer ‘enormous’ opportunity, investment manager says

According to Glenn Youngkin, co-CEO at Carlyle Group, the fintech sector in China today offers an enormous growth opportunity. China’s economy grew at a pace of 6.7 percent in the second quarter of the year — slightly below the 6.8 percent seen in the first three months of 2018, according to data published by Chinese […]

4 cryptocurrency trends to watch out for

Love it or hate it, cryptocurrencies have now grown to a point where they cannot be ignored. The CBOE and CME have launched their own cryptocurrency futures, the SEC and CTFC have gotten involved, and pretty much every mainstream publication that matters discusses cryptocurrencies one way or the other every day. In other words, cryptocurrencies […]

From $2.9 Billion in a Month to Hundreds Dead: Trends of the Rollercoaster ICO Market in 18 Months

Around 1000 cryptocurrencies have been considered deceased recently. It was attached to Bitcoin’s drop in value and was hinting toward a total cryptocurrency bubble. However, the cryptocurrency ecosystem is a little more complex than that, and one of the most interesting and staggering facets of it all has to do with the ICO marketplace. This rambunctious […]

Investment flows into Nordic startups from all directions

Across the Nordic region, leading Swedish, Danish, Norwegian and Finnish private equity firms are showing an increasing level of interest in startups and maturing IT enterprises developing products in areas including digital finance and artificial intelligence. The higher level of capital invested by private equity firms in IT startups mirrors a parallel development where leading banks […]

The top 3 disruptive FinTech technologies to watch in 2018

The EU’s General Data Protection Regulation (GDPR) is widely expected to limit the amount of data companies can use for data mining, but new research suggests that it will actually be a boon for the FinTech industry. One result of the GDPR is that businesses will have access to honestly sourced data from consumers using […]