Economy

The Best Reads On FinTech From Last Week

Sridhar Chityala

Apr 17, 2016, 05:53 PM | Updated 05:53 PM IST


Financial technology (Daniel Berehulak/Getty Images)
Financial technology (Daniel Berehulak/Getty Images)
  • Selected pieces on financial technology from the week gone by
  • ‘Banking innovation’ is a global growth sector and is also referred to as FinTtech. It spawns three themes - business model disruption, payment innovation and transformation, mobiles & smart devices. This is not to exclude social and messaging platforms which would in many ways be the new channels of support for driving innovation.

    Global FinTech investments which was at $11 billion in 2014, reached $20 billion in 2015 and is targeted to grow at 20% compounded growth rate. That is significant.

    While NY and London compete for top spot - the developments are visible across all continents - Asia, Africa and Australia with Latin America expected to follow soon

    In this space would be given links of some of the key developments happening in the sector all around the world on a weekly basis.


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