The global pandemic, beyond the crisis it represents for public health, has had a drastic effect on business sectors around the world throughout 2020. And while news that many business goals have been negatively affected for the financial services industry – along with many others – a survey conducted jointly by the UK-based Financial Services Club and US-based Ravco Marketing … [Read more...] about Covid Crisis Leaves Unpredictable Marks on Financial Services
Economy
FinTech Reaches a Digital Tipping Point
The world of digital transactions is in the middle of a meteoric rise, spurred by major lifestyle changes in the face of Covid-19. Ecommerce has developed more in the past three months than in the ten years prior, and that growth still hasn’t plateaued. How do FinTechs take advantage of that growth and adjust for the future? That was the theme of Plug and Play Ventures’ … [Read more...] about FinTech Reaches a Digital Tipping Point
New Bitcoin Offerings and Volatility Reflect Challenges and Promise For Cryptocurrency
The Intercontinental Exchange (ICE) launched its physically-settled bitcoin futures trading platform, Bakkt, on September 23. The Chicago Mercantile Exchange (CME) has been doing futures trading in bitcoin for even longer -- since 2017 -- and is now making plans to expand that platform by early next year with a bitcoin options contract. It's a market with promise, but one … [Read more...] about New Bitcoin Offerings and Volatility Reflect Challenges and Promise For Cryptocurrency
FinTech at Davos
FINTECH ARTICLES OF THE WEEK 1/23/2017 In January 2016, the global banks proclaimed that they are all FinTech innovators now, reported Bloomberg in its coverage of the annual World Economic Forum conference in Davos. No such grandiose headlines for FinTech this year. The inauguration of President Donald J. Trump gave attendees other things to opine on, and 2016 produced the … [Read more...] about FinTech at Davos
Financial Tensions
FINTECH ARTICLES OF THE WEEK 11/27/2016 In the wake of the election of Donald Trump, the Brexit vote, and the uncertainly surrounding financial regulation, tensions are certain to escalate on both sides of the Atlantic. Trump will struggle to balance a desire to deregulation with promises to maintain jobs. Banks will find plenty of tension in technology transformation. … [Read more...] about Financial Tensions
FinTech Places
FINTECH ARTICLES OF THE WEEK 11/20/2016 I spent a couple days in New York this week and noticed an energy for business I don't experience in other cities. In every restaurant, coffee house, and shared business space I spent time in, individuals and groups were meeting to discuss their next new idea, offer, and deal. I overheard several conversations on FinTech, real estate, … [Read more...] about FinTech Places