The end of FinTech

Chris Skinner

Originally, I was a technologist; then a financial technologist; and now a FinTech guy. However, I see the FinTech piece as being irrelevant. Whether it’s FinTech or TechFin, it’s all still just finance and technology. The difference is … The post The end of FinTech appeared first on Chris Skinner's blog. Fintech Future GridI’ve been involved in finance and technology for a long, long time.

FinTech challenger and neobanks in Brazil

Chris Skinner

As a result, when I saw a great article about banks in Brazil by Contexto, who … The post FinTech challenger and neobanks in Brazil appeared first on Chris Skinner's blog. Case Studies Digital Bank Fintech Grid

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Bye-bye FinTech

Chris Skinner

What lesson was the most important one I … The post Bye-bye FinTech appeared first on Chris Skinner's blog. Fintech GridI just spent time with a bank talking about Doing Digital. The host had read a preview copy of my new book and was asking a few questions about it. What had surprised me the most in my talks with five banks?

FinTech Forecasts for 2019

Chris Skinner

There are many pundits predicting change in banking and FinTech this year. American Banker published seven FinTech predictions for 2019 by Bob Legters, Chief Product Officer of Banking and Payments at FIS. The seven headlines are: We won’t … The post FinTech Forecasts for 2019 appeared first on Chris Skinner's blog. Fintech Future GridHere’s a review of a few of the ones that have some depth.

When did FinTech become cool?

Chris Skinner

When did FinTech become FinTech? I guess the first thing is to define FinTech, which I did badly four years ago. I say badly because my definition back then was: FinTech [is] a new market that integrates finance and technology. This new market … The post When did FinTech become cool? Fintech GridWhen did technology in finance become cool?

Dealing with a crisis: FinTech versus Bank

Chris Skinner

I realised this early on, when I saw that FinTech firms who were born on the internet were far more ready for working from home than traditional banks who depend on branches, buildings, office and physicality. In fact, this … The post Dealing with a crisis: FinTech versus Bank appeared first on Chris Skinner's blog. Crisis Digital Bank Fintech GridThe chasm between start-ups and incumbents is massively exposed by coronavirus.

Five phases of FinTech (2005-2027)

Chris Skinner

Three years ago, I blogged about three phases of FinTech. Three years later, I can expand on that theme and talk about five phases of FinTech. The five phases of FinTech are (dates are rough guide): Disruption (2005-2014) Discussion (2014-2017) Partnership (2017-2022) Integration (2022-2027) Renewal (2027+) Phase One: Disruption (2005-2014) … The post Five phases of FinTech (2005-2027) appeared first on Chris Skinner's blog. Fintech Future Grid

Female FinTech Founders’ Funding Behind Male Counterparts

PYMNTS

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. percent of FinTech startups with female founders received funding January through October, according to Crunchbase, per a Bloomberg report on Wednesday (Nov.

The new FinTech bank

Chris Skinner

The requests would get prioritisation and be delivered in sequence over time, sometimes a very long … The post The new FinTech bank appeared first on Chris Skinner's blog. Digital Bank Fintech GridFor years, I’ve been wondering why people in business operations couldn’t align their needs with the people delivering technology in the organisation. The CIO would sit outside the business, watching and responding to requests.

FinTech or TechFin (speech transcript)

Chris Skinner

I recently gave a speech where the title was FinTech or TechFin? Here it is: FinTech or TechFin? I’m a technologist … The post FinTech or TechFin (speech transcript) appeared first on Chris Skinner's blog. Digital Bank Fintech Future Grid Opinion PresentationsEveryone had been give a copy of my book Digital Human, and the speech was transcribed. Thank you for inviting me to join you here. It is a great honour.

Does FinTech worry policymakers?

Chris Skinner

Not sure if anyone noticed that the Financial Stability Board – the world’s central banks tasked with maintaining financial stability – produced a white paper on FinTech last month. … The post Does FinTech worry policymakers? Fintech Grid RegulationIt was published on Valentines Day, so you were probably busy, and I only just stumbled across it. Here’s the Executive Summary. appeared first on Chris Skinner's blog.

FinTech needs more men!

Chris Skinner

Here’s the result … FinTech needs more men! Yes, you read this right, the FinTech sector … The post FinTech needs more men! I was recently asked to respond to the idea that men are not supporting diversity enough. It was for a blog update by Darren Franks on his website talentinthecloud.io. Of course, I said yes. appeared first on Chris Skinner's blog.

The best FinTech startups in Europe

Chris Skinner

The link provides a comprehensive article on European FinTech developments. THE BEST FINTECH STARTUPS IN EUROPE Government support for the financial … The post The best FinTech startups in Europe appeared first on Chris Skinner's blog. Case Studies Fintech GridI received a long and lengthy article last week from Taylor Ryan, CMO at Valuer.ai (tryan@valuer.ai). It’s so good that I am happy to share it with y’all. Enjoy.

Are these FinTech unicorns worth it?

Chris Skinner

The itch is an alarm call really, and it’s asking whether all this FinTech investment is worth it. billion was invested in over 12,000 start-up FinTech … The post Are these FinTech unicorns worth it? Fintech Grid UncategorizedThere’s a regular itch that I feel in the back of my neck. I scratch it, but it won’t go away. Last year, $111.8 appeared first on Chris Skinner's blog.

When a FinTech CEO steps down (#Monzo)

Chris Skinner

… The post When a FinTech CEO steps down (#Monzo) appeared first on Chris Skinner's blog. Fintech Grid OpinionIn any business, there are different movers and shakers. Some can create momentum; some can maintain momentum; some create ideas; some kill ideas; some run the business; some change the business; and so on and so on and so on. I’m an ideas guy. I could never run a business.

Visa Unveils FinTech Partnership Program In Europe

PYMNTS

Fintech Partner Connect will “support new ways for businesses and consumers to seamlessly and securely pay, get paid, send money and more,” a spokesperson for the credit card and financial services giant said in an email announcing the new program on Visa on Wednesday (Nov.

When will the FinTech bubble burst?

Chris Skinner

Reading about FinTech unicorns and pizzas worth $80 million, you would think that the world was bubbling over with wealth. FinTech investments last year peaked at over $110 billion, more than double the year before, and IPOs for firms like Uber and WeWorks are seeing valuations in the stratosphere. Everything … The post When will the FinTech bubble burst? Fintech Future Grid Opinion

How UK FinTech took over the world

Chris Skinner

The movie is all about the 11 years since the financial crisis hit and how the conditions led to the rise of FinTech and, specifically, UK FinTech. It’s an hour long, so set aside some … The post How UK FinTech took over the world appeared first on Chris Skinner's blog. Fintech GridIn case you missed it 11FS, as well as doing podcasts, have made a movie.

39 FinTech Unicorns Valued at $147.37 billion

Chris Skinner

39 FinTech Unicorns Valued at $147.37 billion 2018 was a phenomenal year for FinTech. Over a course of 12 months, Venture Capital-backed FinTech deals and funding set an annual … The post 39 FinTech Unicorns Valued at $147.37 Fintech GridI spotted an article by Linus Beliunas on LinkedIn this week, and liked it so much that wanted to share. Enjoy!

Knock & iBuying in US Real Estate Fintech  

Daily Fintech

Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3 The latest Fintech deal was focused on a real estate disruptor in the US, OpenDoor. The post Knock & iBuying in US Real Estate Fintech appeared first on Daily Fintech.

Time for a global FinTech platform?

Chris Skinner

I find it interesting when I read perspectives on FinTech, money and banking. It’s hard to go digital if the country has little infrastructure; … The post Time for a global FinTech platform? Digital Bank Fintech Future Grid Inclusion Innovation Numbers OpinionGoing digital, getting rid of branches, becoming cashless seem to be the main themes, and yet this ignores that every part of the world is different.

FinTech’s lies, damned lies and statistics

Chris Skinner

So I quote that last year China processed USD$40 trillion (277 trillion yuan) of mobile payments, as reported by … The post FinTech’s lies, damned lies and statistics appeared first on Chris Skinner's blog. Fintech Grid NumbersThere are lies, darned lies and statistics. I often quote numbers in my presentations and get pretty annoyed if they’re wrong. I also prefer to take official sources rather than estimates.

GrandTech: the newest FinTech market niche

Chris Skinner

Here’s just a few recent ones: Hidden ‘shame’ of elderly scam victims – BBC News Reports of frauds on the elderly are ‘tip of iceberg’ – BBC News Bank staff ‘saving elderly … The post GrandTech: the newest FinTech market niche appeared first on Chris Skinner's blog. Fintech Grid InnovationWatching the BBC, I often see reports on the elderly being ripped off, scammed and targeted by fraudsters.

Does FinTech worry policymakers?

Chris Skinner

Not sure if anyone noticed that the Financial Stability Board – the world’s central banks tasked with maintaining financial stability – produced a white paper on FinTech last month. … The post Does FinTech worry policymakers? Fintech Grid RegulationIt was published on Valentines Day, so you were probably busy, and I only just stumbled across it. Here’s the Executive Summary. appeared first on Chris Skinner's blog.

The FinTech outlook for 2018

Chris Skinner

There are four big things for 2018 from a FinTech viewpoint that are obvious to me however, which are: Getting down to business with Artificial … The post The FinTech outlook for 2018 appeared first on Chris Skinner's blog. Fintech Future Grid OpinionI usually start the new year by making some predictions, but so many others have been writing about 2018 trends that I’m not going to.

What does the #coronavirus crisis mean for #FinTech?

Chris Skinner

Someone asked me what the coronavirus pandemic means for the future of FinTech. I’ve blogged a bit about that already, referring specifically to this great presentation by Finch Capital: But equally, you may think that times are dull and boring, locked in at home and nothing going on, but there’s … The post What does the #coronavirus crisis mean for #FinTech? Fintech Future Grid

London is still the major European FinTech centre

Chris Skinner

FinTech investment numbers are variable dependent upon how they are counted. That number came from KPMG in 2019, who noted that most of that investment was flowing … The post London is still the major European FinTech centre appeared first on Chris Skinner's blog. Fintech Future GridThe number I’ve been using for most of last year is that headline amount of $111.8 billion invested worldwide in over 12,000 start-ups.

Women in FinTech … yes, we care

Chris Skinner

So, I blogged last week about women in FinTech and whether we care, and got lots of replies … from women … who said yes, we care. One interesting insight is that … The post Women in FinTech … yes, we care appeared first on Chris Skinner's blog. Digital Bank Fintech Future Grid OpinionInteresting that there were not so many replies from the other gender, but hey what do you expect?

Women in FinTech … yes, we care

Chris Skinner

So, I blogged last week about women in FinTech and whether we care, and got lots of replies … from women … who said yes, we care. One interesting insight is that … The post Women in FinTech … yes, we care appeared first on Chris Skinner's blog. Digital Bank Fintech Future Grid OpinionInteresting that there were not so many replies from the other gender, but hey what do you expect?

SMEs are the FinTech’s bees knees

Chris Skinner

I write a lot about FinTech payments, lending, roboadvice and such like. SMALL BUSINESS FINANCE People talk a lot about finance for SMEs – small to medium enterprises … The post SMEs are the FinTech’s bees knees appeared first on Chris Skinner's blog. Fintech GridBut there’s been a strong bubbling trend underneath all this that has not gone unnoticed. I’ve just not blogged about it enough.

Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. Bank-FinTech collaboration isn't all about FIs ingesting third-party products and services.

#Singapore’s #Fintech Festival

Chris Skinner

I count these as my hotbeds of fintech innovation. These are … The post #Singapore’s #Fintech Festival appeared first on Chris Skinner's blog. Fintech Grid OpinionAs I look back on my travels this year, it’s interesting to see where I have and haven’t been. Spent a lot of time in Singapore, Istanbul, London (obviously), New York and Washington. I’ve also briefly dropped in to Hong Kong, Berlin and Bangkok.

Are banks serious about fintech?

Chris Skinner

I’m often asked how I got into FinTech. Back in the day, it wasn’t called FinTech. Interestingly, for almost a quarter century, tech … The post Are banks serious about fintech? Digital Bank Fintech Grid OpinionIt’s an interesting question as I’ve been involved in Finance and Technology all of my life. It wasn’t cool. It was just boring old tech in banking. appeared first on Chris Skinner's blog.

The Bank-FinTech Tie-Up Evolves

PYMNTS

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions.

2 tactics fintech need to adopt to overtake banks

Mobile Payments Today

Fintechs have a put a dent into big banks, but they have a long way to go if they want to overtake them. They will need to follow these two tactics to get a fighting chance