Across the world there are many success stories of small startups becoming large fintech companies in a variety of areas;...
China ranks top among 20 world markets in terms of fintech adoption, with 69% of surveyed consumer respondents saying they are actively using fintech services, 33 percentage points higher than the global average, according to a report by consultancy services provider EY; the report is based on more than 22,000 online interviews in 2017; around 64% of fintech users said they prefer using digital channels to manage "all aspects of their life"; money transfer and payment services are major drivers of the fast growth, said the report. Source
Ernst & Young has released its EY Global Banking Outlook 2017 report which provides insight on incumbent bank investments; says approximately 60% plan to invest in new technologies and reports that banks have the highest priority on customer facing technology; the survey report includes data from approximately 300 banks across Europe, the Americas, Africa and Asia-Pacific. Source
Tomorrow, LendIt Fintech and Fintech Power 50, the annual guide to the most influential, innovative and powerful figures in the...
When I first started working for Lend Academy and LendIt I saw the massive opportunity for fintech companies to change...