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. Fintech Future Grid

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. Fintech Grid

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. Fintech Future Grid

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 Presentations

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. Fintech Future Grid

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. Everything … The post When will the FinTech bubble burst? Fintech Future Grid Opinion

Banks and FinTech Partnerships: a Clash of Extremes

Chris Skinner

A few years ago, I posted a guest article from Philippe Gelis, co-founder and CEO of FX firm Kantox, on Why FinTech Banks will rule the world. Digital Bank Fintech Grid

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 Regulation

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 Grid

GrandTech: the newest FinTech market niche

Chris Skinner

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 Regulation

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 Opinion

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 Grid

The UN’s SDG’s, FinTech and Banking

Chris Skinner

… The post The UN’s SDG’s, FinTech and Banking appeared first on Chris Skinner's blog. Fintech Future GridDue to various connections, I was asked to deliver the opening keynote speech at the United Nations High Level Political Forum last week (some coverage here).

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.

Revolut: the growing pains of a FinTech unicorn

Chris Skinner

One of the things I say fairly often is that the FinTech start-up community is fairly naïve. Equally, some but not all behave in a way which is not aligned … The post Revolut: the growing pains of a FinTech unicorn appeared first on Chris Skinner's blog. Fintech Grid Opinio

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 Opinion

Fintech foundations lie with both financial and technology people

Chris Skinner

Well, … The post Fintech foundations lie with both financial and technology people appeared first on Chris Skinner's blog. Fintech GridI was talking to a Securitisation conference the other day. Securitisation? What’s that?

Bank-FinTech Collaboration Drives B2B FinTech Funding

PYMNTS

Bank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For FinTechs, the deals mean access to a broader range of customers through well-established industry names. investing money in B2B FinTechs disrupting their industries.

How Lehmans collapse started the FinTech fire

Chris Skinner

It’s interesting that the Global Financial Crisis (GFC) sparked by Lehman Brothers collapse in September 2008 sparked the FinTech revolution, according to some. Fintech Grid Opinion

Women in FinTech: do you care?

Chris Skinner

… The post Women in FinTech: do you care? Fintech GridI’ve written quite often about Sexism in the City and am intrigued by discussions of diversity, or the lack thereof, in both banking and technology.

How will UK FinTech fare in the future?

Chris Skinner

I just chaired a nice session at the Innovate Finance Global Summit (IFGS) focused upon the future of UK FinTech. I didn’t really understand why we would … The post How will UK FinTech fare in the future? Brexit Fintech Future Grid

#Money2020 USA: reaching FinTech 3.0

Chris Skinner

The first session had Amazon discussing … The post #Money2020 USA: reaching FinTech 3.0 Fintech Grid OpinionI enjoyed chairing a half day stream at #Money2020 in Las Vegas focused upon breaking news and views.

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?

Fintech incubator and co-working space launches in Redwood City

Bank Innovation

A fintech incubator called Silicon Fintech Bay is launching in Redwood City, California. Capital & Funding Exclusive Startups Bahrain FinTech Consurtion Flagstar Franklin Templeton Fujitsu Principal Silicon FinTech Bay Singapore

How much is a FinTech CEO worth?

Chris Skinner

That’s because they asked 500 FinTech companies how much they pay the CEO? And it … The post How much is a FinTech CEO worth? Fintech GridGood question, and it all depends on the revenue forecast.

Equifax In Data Pact With FinTech Sandbox

PYMNTS

Equifax said Friday that it has entered into a joint collaboration with FinTech Sandbox in an effort to spur global FinTech innovation. FinTech Sandbox is a non-profit that serves the financial sector through data and infrastructure provided to startups.

Data 188

FinTech and the Parent-Child relationship

Chris Skinner

Another theme that I talk about regularly, and that came up last week, is the FinTech relationship being like a parent and child. Fintech Grid Opinion

Five FinTech Themes from 2017

Chris Skinner

Following on from talking around the big ten tech themes last Friday, I thought I would follow up with five FinTech themes for right now. It was fun with the CEO, Bob … The post Five FinTech Themes from 2017 appeared first on Chris Skinner's blog. Fintech Grid Uncategorized

FinTech’s biggest new market is small business financing … but is it worth it?

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 FinTech’s biggest new market is small business financing … but is it worth it?

nbkc bank Joins INV Fintech

Bank Innovation

INV Fintech, the sister accelerator to Bank Innovation, today announced the addition of nbkc bank as a member of its ecosystem. Startups banking INV Fintech nkbc bank startups

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.

FinTech and the world of investment banking

Chris Skinner

Some people talk about FinTech disruption and how payments and banking is being attacked and unbundled by start-ups, but we often look at banking too simplistically. Blockchain Fintech Grid Innovation

Globalizing finance through FinTech

Chris Skinner

As this has happened, we have seen a counter-trend occurring, as the maturing FinTech specialists branch out to create global monoline services in platforms. Digital Bank Fintech Future Grid Opinion

Why Not All FinTech Providers Are FinTech Firms

PYMNTS

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A FinTech is a term that’s become synonymous with innovative, agile and digital-first financial services companies,” said Thomas. The Promise of FinTech.

Five more FinTech themes …

Chris Skinner

I blogged about the FinTech themes that came out of the Celero conference the other day and forgot to mention that I recently joined a one-day retreat at Payments International in London, as a facilitator. Fintech Grid

Ireland Boosts FinTech Development Efforts

PYMNTS

Ireland has been ramping up to boost FinTech efforts — a trend that has spanned several countries globally. Separately, Ireland-based FinTech Prepaid Financial Services has been granted an eMoney license by the Central Bank of Ireland.

Fintech Is Back

Bank Innovation

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

VC Fintech Investing Declines In First Quarter

PYMNTS

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. In the first quarter of 2018 venture funding going toward FinTechs stood at $6.2

South Africa Reserve Bank Launches Fintech Unit

Bank Innovation

South Africa’s Reserve Bank today unveiled a fintech unit. Based on a Finextra report, Groepe said of the fintech unit: Given […]. Exclusive Innovations Insurance Lending Mobile Open Fintech Payments Startups digital payments fintech Mobile banking

The new FinTech Bank

Chris Skinner

I launched ValueWeb in Singapore yesterday and my friend Vladislav Solodkiy, Managing Partner at FinTech VC Fund Life.SREDA, hosted the evening. From BaaS and neobanks to FINTECH-BANK Fintech is currently undergoing a natural evolution stage. … Fintech Grid

The difference between FinTech and TechFin

Chris Skinner

Banks that get digital and banks that don’t; fintechs that want to change everything and fintechs that don’t; digital currencies to replace fiat currencies and fiat currencies that are going digital; destruction, disruption and disappointment; and more. It just shows the world of … The post The difference between FinTech and TechFin appeared first on Chris Skinner's blog. Digital Bank Fintech GridThere’s lots of friction around these days.

Where In the World Is Fintech Innovation?

Bank Innovation

Even in fintech. Smart, early-stage investment in AI and fintech have helped Canada become a research leader in machine learning and deep learning setting the stage for industry 4.0,” said […]. Location matters.