Fintech

Banks Complacent About Fintech Should Remember Airbnb

Has the fintech threat to the big banks evaporated? You would think so listening to the way the industry talks these days. Fintech has failed to pose a serious competitive threat to established companies in their core businesses, according to a February report by the Financial Stability Board, the global watchdog.

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Smaller Banks, Fintech and the Customer Experience

Each year, financial institutions adopt new innovations to continue appealing to consumer demands for faster, simplified service experiences. A 2018 executive survey by NewVantage found that nearly 80 percent of top executives fear that their firms are at risk of disruption and displacement from highly-competitive, technology-driven firms.

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India- Amazon’s Contributions Towards the Fintech Developments

(MENAFN – GetNews) Amazon is a US.

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Philippines Fintech Push Makes It a Compelling Market to Watch

Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.

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5 Factors Accelerating Growth of FinTechs in Asia

4 min read Opinions expressed by Entrepreneur contributors are their own. The Asian market is extremely vibrant and attractive. High smartphone penetration and high internet speeds mean that barriers to operate and engage have been reduced. Most Asians are significantly financially literate.

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Fintech- A Solution to the Credit Gap in the SME Space

Image credit: Shutterstock.com 4 min read Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

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Have You Heard of Fintech? It Can Help With Your Finances, but Beware of These Risks

Few industries have been more innovative than the financial business. Many companies routinely allow you to shop for investments, apply for loans, check credit reports and much more through electronic means. In recent years, the term fintech has been used to describe some of these innovations, especially those geared around smart phones.

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Fintech Needs a Strong Identity

Many transactions do not need to establish the identity of involved parties. In fact, some may even demand anonymity. However, establishing identities is necessary for delivering and accessing most financial products and services.

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Fintech Association to Help Grow P2P Lending

A group of financial technology (fintech) lenders wants to help grow a healthier lending industry and protect consumers by setting out a strict code of conduct for its members.

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Fintech: What’s Real, and What’s Hype

Three years ago, the editors at a top academic journal in finance were concerned. A lot of venture capital was flowing into fintech, or financial technology, but there wasnt much research about the topic coming from academics, who are known for their rigorous testing and analysis.

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China’s Fintech Innovators

Ventures like MYbank and WeBank are betting that AI and cloud technology will further reduce the costs and inefficiencies of borrowing faced by SMEs. China is leading global investment in the innovative fintech industry-and Alibaba is emerging as China’s leader in fintech.

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ICBA on How FinTechs Can Help Community Banks

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA).

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