fintech
A foray into fintech; a breakdown of the latest and greatest innovations in financial technology.
Hedge Funds, Reddit, and GameStop: is Fintech democratizing Finance?. Top Story - February 2021.
Quite a fascinating story that unfolded over the past weeks. A finance drama from films like The Big Short. David vs Goliath in the trading world with a “Rich against poor” vibe. An amazing saga to start 2021. Here is a quick recap if you have not followed. Which is particularly hard since everybody is talking about it. Also, why it actually matters for fintech. In a nutshell, a group on the social media platform Reddit is taking on hedge funds. It is called WallStreetBets, and it is not a couple of guys in their moms' basement. More like 6 million retail investors.
By Fintech Review5 years ago in Trader
Why banks cannot buy their way into innovation
Recent news that BBVA is shutting down neobank Simple, that it had acquired for $117 million a few years ago, is telling us one thing: banks cannot buy their way into innovation. It is a pity because at the time of the acquisition in 2014, Simple was a neobank at the forefront of the US fintech industry. As we have said before, partnerships between banks and fintechs can be a good idea. But that’s not the same thing as an acquisition though. The execution is slightly more complicated with the latter.
By Fintech Review5 years ago in Trader
A Beginner’s Guide to Day Trading Cryptocurrency
What is Day Trading? Day trading concludes on the same day. Profit or loss – no matter what’s in the store, but the report card comes on the same trading day. It’s similar to a 20-20 cricket match where you don’t have much time to think and plan. In fact, it demands prior planning and strategy making.
By Rahul Kohali5 years ago in Trader
What is Futures Trading in Crypto and How Does It Work?
The worth of the cryptocurrency market was USD 237.03 billion in 2019 which is up in value from 128.78 billion in 2018. The recent Bitcoin and ETH bull run pushed the market to an ATH of 1 trillion dollars at the time of writing as per Statista. Having said that, most people have taken the market fire as a FoMo moment. But lately, a new world is going abuzz, Futures trading at exchanges.
By vipin sahu5 years ago in Trader
Why Should I Invest in Cryptocurrency?
Cryptocurrency is viewed with more interest in the digital world now. Its value is soaring and many institutional investors are pumping in more money. Bitcoin was the first cryptocurrency to emerge back in 2009. Now, we have more than 4000 different cryptocurrencies supported by robust blockchain networks.
By Linda John5 years ago in Trader
Top 5 Trends for Fintech in 2021
It is this time of the year. No, not the Mariah Carey's "All I want For Christmas Is You" time of the year. The moment just after that, when the year starts and everybody is trying to make predictions. This time around, it will be the 2021 trends for fintech. It is actually quite fun to stare at your crystal ball and figure out what will happen. At least try to. And then look back and see if you have been completely wrong. Or not. Which is in all fairness a very healthy thing to do, no-one is always right or always wrong. You just try to make educated guesses, but you cannot predict the unpredictable. A year ago, the world was a very different place. You know, a pandemic happened in the meantime. Who had it in their predictions for the year in fintech? Absolutely no-one. Now, let's get down to business: what will be the top 5 trends for fintech in 2021?
By Fintech Review5 years ago in Trader
2020 Retrospective - Fintech Review
At the beginning of last year, everybody made a few predictions for what 2020 would mean for the fintech industry. Obviously, at that point in time, Covid-19 was only a problem in Wuhan, China. You could see it in the distance, and it appeared well under control. That slightly changed in the following months, and the first lockdowns a bit everywhere. And the second. And the third, so forth and so on. Here we are today. It has been undoubtedly a challenging year for many around the world. However, it was not all bad, particularly for Fintech. What about Fintech Review’s top 5 trends for fintech in 2020? Did any materialise or did we get it completely wrong? Let’s look back and have a brief retrospective.
By Fintech Review5 years ago in Trader
Private Banking Market: Can Neobanks Crack It?
Is the private banking and wealth management market up for disruption? When the fintech industry first emerged, startups attacked the low-hanging fruits with business and retail payments: the Stripe, GoCardless, etc. These companies are now huge behemoths because this particular fintech segment has quite matured. Fintechs then went after the retail customers, and a bit later the small & medium enterprises (SMEs), with neobank propositions and lending products. Your Monzo, Starling, Funding Circle, and others. What’s next? From a customer cohorts standpoint, trying to secure the large corporate banking relationships, which is tough and complex. Or the high-end of retail customers: the high net-worth (HNW). The tiny percentage of people at the top of the pyramid that have a lot of money. But can neobanks crack the private banking market?
By Fintech Review5 years ago in Trader
What Is StockTwits (and How Can I Get Started)?
As both a personal investor and in a professional capacity–first in the institutional world, and now as a business analyst at Creatd (Nasdaq: CRTD)–I am always on the lookout for new and enhanced tools to help me monitor what is happening in the markets, perform competitive analyses and have a means to network with investors and management teams. Many casual investors rely on traditional social media platforms to track the companies in their portfolios and find new investment opportunities, but the reality is that those platforms just don’t offer you the same edge that perhaps they once did.
By James Treanor5 years ago in Trader
Are fintechs better at lending than banks?
Banks have been lending money to people and businesses for a long, long time. A lot of the incumbent banks can trace their roots back to the 19th century. Banca Monte dei Paschi di Siena, which is the oldest bank in existence, was founded in 1472. Although they often rely on cranky processes and old systems, these guys know how to lend money. It might be quite narrow, within a very finite set of parameters, but they know what they are doing in that space. Hate them or love them, that’s a fact. When fintech lenders emerged with their slick user experience and nimble operating model, it was widely assumed that lending would change for the better. It is true that one of the assumption was that fintechs would rely on newer technology, like machine learning, and thus completely revolutionise lending. But, are fintechs better at lending than banks?
By Fintech Review5 years ago in Trader
What can you do with AI in Financial Services?
Artificial Intelligence (AI) is probably the biggest buzzword in the business and finance world. Yes, even more than blockchain. AI is not particularly new and can trace its roots back to the mid 1950s. However, it is true that developments in computing over the past 20 years have led the field to progress tremendously. It also helped to move AI from the academia to the business world. This has happened through practical applications, including in financial services. It is often misused and confused with simple rules-based mechanisms. However, there are plenty of use cases for AI in financial services. The applications are almost endless but let’s have a look at the most developed and popular ones.
By Fintech Review5 years ago in Trader
5 Finance Skills to better understand Fintech
It’s very true that Fintech is a lot about tech, as per the little war for talent happening in the industry. So it’s obviously helpful if you have tech skills like coding. However, let’s not forget that we are talking about finance here. Without finance, there is no financial technology. Maybe it seems obvious, but it is worth noting that more often than not, people put a stronger emphasis on the technology side of things when talking about Fintech. Although very important, remember that technology is deployed to support financial services, and therefore the finance journey is central. Knowledge of finance is key to understand the big picture. If you need to pick a few, what are the 5 finance skills to better understand fintech? But not only, the top skills and principles that will more generally help you thrive with your personal and business finances?
By Fintech Review5 years ago in Trader
