February 2020

27Feb

3 Signs Fintech Is Entering the Mainstream

Over the past several years, financial technology -- or fintech, for short -- started a revolution of sorts in what some consider a stodgy industry. Online-only banks with no branches, digital payment systems, and person-to-person (P2P) payment apps are just a few of the ways that technology is changing the way consumers handled their money. That hasn't gone unnoticed by some of the biggest names in the financial services industry, and rather than reinvent the wheel, some are spending...

February 27, 2020
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18Feb

11 African fintech startups selected for CATAPULT programme

Eleven African fintech startups have been selected to take part in the 2020 edition of CATAPULT: Inclusion Africa, which helps companies focusing on financial inclusion to scale. Building on the success of its 2018 edition, CATAPULT: Inclusion Africa is developed by the LHoFT Foundation and targets companies focusing on financial inclusion in Africa. It aims to build bridges between Africa and Europe. It provides selected startups with access to a tailor made program with intensive mentoring, coaching, peer-to-peer learning...

February 18, 2020
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10Feb

UK. Only six out of 10 pensions to appear on new ‘dashboards’

Savers hoping to use new “pension dashboard” services to track their retirement savings will only be able to see six out of 10 accounts due to poor data quality, according to a new analysis. Dashboard services are expected to be launched in the UK later this year, giving savers the ability to see all their pension pots — and their combined value — in one online hub for the first time. A new analysis suggests they will offer...

February 10, 2020
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January 2020

30Jan

The 7 biggest fintech trends to watch in 2020

Fintechs have done it again. It's clear that investors' appetite for fintech grew in 2019. We continue to be blown away by the level of innovation in the financial services ecosystem, created by companies looking to enable incumbent financial institutions and other early-stage businesses looking to disrupt the status quo. We also continue to see a proliferation in the number and types of firms providing financial products and services to consumers, from traditional banks to technology and ecommerce businesses....

January 30, 2020
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24Jan

Man versus Machine: A Comparison of Robo-Analyst and Traditional Research Analyst Investment Recommendations

By Braiden Coleman, Kenneth J. Merkley, Joseph Pacelli Advances in financial technology (FinTech) have revolutionized various product offerings in the financial services industry. One area of particular interest for this technology is the production of investment recommendations. Our study provides the first comprehensive analysis of the properties of investment recommendations generated by “Robo-Analysts,” which are human-analyst-assisted computer programs conducting automated research analysis. Our results indicate that Robo-Analysts differ from traditional “human” research analysts across several dimensions. First, Robo-Analysts collectively produce...

January 24, 2020
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22Jan

Why 2020 Is The Year For Fintech

This month marked one of the largest fintech acquisitions of all times, Visa’s purchase of Plaid for $5.3 billion. It is a validation of fintech in a literal sense – Plaid is a key enabler to many of the leading fintech players, and critical in simplifying the onboarding flow and integration of players. It may also be a bellwether for the year: 2020 may be the year for fintech. Four important and interlocking trends will drive this. 1. ...

January 22, 2020
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03Jan

The Evolution of Fintech: A New Post-Crisis Paradigm?

By Douglas W. Arner, Janos Nathan Barberis, Ross P. Buckley “FinTech”, a contraction of “Financial technology”, refers to technology enabled financial solutions. It is often seen today as the new marriage of financial services and information technology. However, the interlinkage of finance and technology has a long history and has evolved over three distinct eras, during which finance and technology have evolved together: first in the analogue context then with a process of digitalization of finance from the late...

January 3, 2020
Articles, Pension design, Savings,
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December 2019

23Dec

Fintech’s next decade will look radically different

The birth and growth of financial technology developed mostly over the last ten years. So as we look ahead, what does the next decade have in store? I believe we’re starting to see early signs: in the next ten years, fintech will become portable and ubiquitous as it moves to the background and centralizes into one place where our money is managed for us. When I started working in fintech in 2012, I had trouble tracking competitive search terms...

December 23, 2019
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16Dec

Perceived Precautionary Savings Motives: Evidence from FinTech

By Francesco D'Acunto (Boston College), Thomas Rauter (University of Chicago - Booth School of Business), Christoph Scheuch (Vienna Graduate School of Finance; Vienna University of Economics and Business), Michael Weber (University of Chicago - Finance) We study the consumption response to the provision of credit lines to individuals that previously did not have access to credit combined with the possibility to elicit directly a large set of preferences, beliefs, and motives. As expected, users react to the availability of credit...

December 16, 2019
Articles, Investing, Savings, ,
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06Dec

Fintechs and financial inclusion

By Gayatri Murthy, Maria Fernandez-Vida As Fintech companies targeting poor and underserved customers grow and scale, there is a lack of granularity on how their business models solve pain points in financial inclusion and what the industry can learn from the iterations in their business models. CGAP launched a fintech initiative in 2016 to better understand these innovations and draw clear linkages to financial inclusion, where they existed. We worked with 18 fintechs in Africa and South Asia that...

December 6, 2019
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