Letter From Shanghai No 811 - Digital RMB only This week we feature another guest post from John Browning, founding partner of Hong Kong commodity and financial futures broker BANDS Financial. It's the latest in his ongoing reporting on the development by the People’s Bank of China (PBOC) of e-CNY, its digital yuan*. We last wrote about it here. On Sunday (01-09-2022), … [Read more...] about China Takes Next Steps in Retiring Physical Cash
FinTech Forecast 2022
FinTech investments surpassed every year prior in 2021 – $131.5 billion. That’s more than double 2020’s final tally, and 2020 had already set records for that year. It is safe to say that FinTech’s moment has arrived. The digital transformation of finance hit a transition point to become an integral part of business as usual for financial services across the board. In … [Read more...] about FinTech Forecast 2022
BNPL: High Reward, High Risk?
Buy Now, Pay Later has finished 2021 strong, the new payment model seeing strong adoption over the past 12 months particularly as the pandemic forced a number of shifts to consumer spending habits. The biggest platforms continue to expand – BNPL company Klarna recently extended its services to incorporate all online retailers, whether they’re Klarna partners or not – but while … [Read more...] about BNPL: High Reward, High Risk?
How will FinTech Evolve in 2022?
Usually, we like to offer you the latest insights on what’s going on in the frontiers of FinTech. But today, we’d like to ask you for your insights — what are the biggest trends of the moment? What FinTech trends do you think will have the greatest influence on the evolution of financial services in 2022? Take our 3 minute 2022 FinTech Trends Survey! … [Read more...] about How will FinTech Evolve in 2022?
Continuing Disruption
Supply chain disruptions will continue to create uncertainty in the real economy well into next year. This is not my usual Week in FinTech overview. But how current supply chain problems are likely to affect the economy in the coming year made a greater impression on me this week than any of the payments, wealth management, cryptofinance, and related regulatory topics I … [Read more...] about Continuing Disruption
November FinTech in Review: FinTech Questions
Developments in faster payments, digital assets, and technical interfaces raise questions. Businesses wonder about how to adopt them and at what cost. Investors wonder how to profit from them. And regulators wonder how to keep them safe and conder control. We covered some of those competing agendas this month in the articles linked below. For a consumer-oriented view and … [Read more...] about November FinTech in Review: FinTech Questions