Talk of a ‘bubble’ in fintech, or of the sector ‘peaking’ misses the point about the transformation of finance by technology. In the grand scheme of disrupting an industry that’s been around for hundreds of years, we’re only at the very beginning of that transformation. From payments and foreign exchange to the way we ensure our pets to the birth of new brands in banking, each vertical in finance is now a honey pot for investors looking to back the next generation of financial services. This infographic explores why that gold rush isn’t stopping any time soon, as innovation continues to thrive.
Want to dine, drink and network with some of London’s fintech stars? There’re still a few tickets left for the Fintech Innovation Awards! Taking place on the 13th of April at The Brewery, the event will feature keynotes from London mayoral candidate Zac Goldsmith and Professor Dan Ariely, as well as Julia Streets as host and Alan Dedicoat ‘Voice of the Balls’ as the Voice of God. To secure your place, register your interest here, contact Stephen McMaugh or call +44 (0) 208 080 9164.
Domestic banks could feel the greatest impact from the trend, an East & Partners survey suggests.
The General Data Protection Regulation (GDPR) will be enacted on May 25 2018 and promises to revolutionise the way that firms collect, store, process and protect the personal information of customers, clients and employees.
The proposed new tax, announced two weeks ago in the federal budget, is due to be introduced on July 1 and will raise A$6.2bn for the government over the next four years.
The software’s security has been questioned after a BBC reporter and his non-identical twin brother successfully bypassed it.