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    Bài thuyết trình về Fintech

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    Mes Thefanboy
    Fintech startups have received significant funding in recent years, with $17.4 billion in 2016 and over $147 billion for VC-backed unicorns by 2018. North America leads in fintech startups, though Asia is growing rapidly as well. Popular areas of fintech innovation include cryptocurrency, blockchain technology, smart contracts, open banking, insurtech, regtech, robo-advisors, and serving the unbanked/underbanked through new financial services.

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    Bài thuyết trình về Fintech

    Uploaded by

    Mes Thefanboy
    41 views2 pages
    Fintech startups have received significant funding in recent years, with $17.4 billion in 2016 and over $147 billion for VC-backed unicorns by 2018. North America leads in fintech startups, though Asia is growing rapidly as well. Popular areas of fintech innovation include cryptocurrency, blockchain technology, smart contracts, open banking, insurtech, regtech, robo-advisors, and serving the unbanked/underbanked through new financial services.

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    Fintech startups have received significant funding in recent years, with $17.4 billion in 2016 and over $147 billion for VC-backed unicorns by 2018. North America leads in fintech startups, though Asia is growing rapidly as well. Popular areas of fintech innovation include cryptocurrency, blockchain technology, smart contracts, open banking, insurtech, regtech, robo-advisors, and serving the unbanked/underbanked through new financial services.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    41 views2 pages

    Bài thuyết trình về Fintech

    Uploaded by

    Mes Thefanboy
    Fintech startups have received significant funding in recent years, with $17.4 billion in 2016 and over $147 billion for VC-backed unicorns by 2018. North America leads in fintech startups, though Asia is growing rapidly as well. Popular areas of fintech innovation include cryptocurrency, blockchain technology, smart contracts, open banking, insurtech, regtech, robo-advisors, and serving the unbanked/underbanked through new financial services.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
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    5.

    Fintech and New Tech

    As we can see, nowadays, disruptive technology evolution has


    made a good impact to global economies, the very first forefront
    business that feel this in both positive and negative way is
    financial industry this is thanks to the character of business has
    been digitized and operated both locally and internationally when
    conduct business transaction and repair . 
    New technologies, which the foremost common one is machine
    learning or commonly called artificial intelligence, by using
    predictive behavioral analytics, and data-driven marketing, will
    take the guesswork and habit out of monetary decisions.
    "Learning" apps won't only learn the habits of users, often hidden
    to themselves, but will engage users in learning games to
    form their automatic, unconscious spending and saving decisions
    better.
    Fintech is additionally a keen adaptor of automated customer
    service technology, utilizing chatbots to and AI interfaces to
    help customers with basic task such as interact with the internet
    and also keep down staffing costs. Fintech is additionally being
    leveraged to fight fraud by leveraging information about payment
    history to flag transactions that are outside the norm.
    As with any major breakthrough in history, the invention ,
    invention and use of latest technologies cause great
    opportunities. within the financial services industry, this
    might be a true game changer to the way services are
    provided and the way the economy functions. By promoting and
    spreading more transparency, efficiency and collaboration among
    the participants, there are often better management of systemic
    risk, and an overall more stable, sustainable and inclusive
    socioeconomic environment.

    6. Fintech Landscape

    It’s reported that Fintech startups received $17.4 billion in funding in


    2016 and were on pace to surpass that sum as lately 2017, in
    keeping with CB Insights, which counted 26 fintech unicorns
    globally valued at $83.8 billion. the identical firm reported that there
    have been 39 VC-backed fintech unicorns worth $147.37 billion by
    the tip of 2018.

    Most of the fintech startups are created by North America, with Asia
    a relatively close second. Global fintech funding hit a replacement
    high within the half-moon of 2018 let by a big uptick in deals in
    North America. Asia, which could surpass the us in fintech deals,
    also saw a spike in activity.. Some of the foremost active areas of
    fintech innovation include or revolve round the following areas:

    • Cryptocurrency and digital cash.

    • Blockchain technology, including Ethereum, a distributed ledger


    technology (DLT) that maintain records on a network of computers,
    but has no central ledger.

    • Smart contracts, which utilize computer programs, often utilizing


    the blockchain, to automatically execute contracts between buyers
    and sellers.

    • Open banking, an idea that leans on the blockchain and posits


    that third-parties should have access to bank data to make
    applications that make a connected network of monetary
    institutions and third-party providers. An example is that the all-in-
    one money management tool Mint.

    • Insurtech, which seeks to use technology to simplify and


    streamline the insurance industry.

    • Regtech, which seeks to assist financial service firms meet


    industry compliance rules, especially those covering Anti-Money
    Laundering and Know Your Customer protocols which fight fraud.

    • Robo-advisors, the same as Betterment, utilize algorithms to


    automate investment advice to lower its cost and increase
    accessibility.

    • Unbanked/underbanked, services that seek to serve


    disadvantaged or low-income individuals who are ignored or
    underserved by traditional banks or mainstream financial services
    companies.

    • Cybersecurity, given the proliferation of cybercrime and therefore


    the decentralized storage of information, cybersecurity and fintech
    are intertwined.

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