FinTech or financial technology has become an industry of great interest for investors, financial service professionals, consumers, businesses, and policymakers. From 2012 to 2017 Q2, VC-backed FinTech firms raised $50 billion globally (see CB Insights). Additionally, several central banks and international agencies have formed working groups with FinTech leaders or...
In his opening keynote at NASAA, Bob Chakravorti gave an overview of the impact of FinTech firms on the financial services industry. He spoke about how these firms are impacting payments, lending, wealth and asset management, and alternative currencies. In addition, he discussed the role of regulation generally and the...
On the Incumbents and Disruptors Blog, guest bloggers and I will discuss how new entrants are challenging incumbents to improve customer service, convenience, safety, and access to financial products and services. Technological advancements seem to occur slower for financial services than in other industries. Although the focus of this blog...
In his presentation at the Sorting the Hype Cycle Colloquium sponsored by Filene and the University of California, Irvine, Bob Chakravorti discussed the intersection between finance and technology and the opportunities in untapped market segments.