Technology Companies

​Innoviti Payment Solutions announced the roll out of their new Dealer Enrolment Mobile App for accelerating the pace of enrolment of SMEs on their smelending.com platform.

The explosive growth of the financial technology industry continued in 2016 thanks to new financial industry trends and a slew of fintech investments.

These different financial services industry trends have given rise to a host of new financial service products that are poised to change the way consumers deal with their banks.

I’m relaxing and thinking.  A bad combination.  Just had several sessions with different conferences on Brexit, Open API’s, PSD2, Open Sourcing, Open Banking, Innovation and more … and it all seems like such drivel.  One of the sessions was asking the question: is it time to drop the curtain on innovation theatre?  Yes, for gawds sake, yes.

I have that frustrated feeling of someone who can see the devil and the deep blue sea, as he’s standing in the middle of the two and screaming LOOOOOOOKKKKKKKK!!!!!

OK, overly dramatic.  What’s the problemo, Chris?

Microfinance conferences have offered a unique experience in recent years. In the world outside the events, the industry has been wracked by extraordinary upheaval. It has lurched from development sector darling to punching bag, as client over-indebtedness grabbed headlines, research cast doubt upon its anti-poverty impact, and skeptics gleefully used these events to call the entire industry into question.

Sage is gearing up for a busy year ahead after showing a favorable financial performance for FY 2016 and announcing plans to make some strategic investments in 2017.

Internet finance may be a new development in China but its impact is now everywhere. Peking University has developed an index which measures the growth and structure of internet finance across China. It records that the industry grew almost four times over the year to December 2015 and, on one measure, the market was then valued at US$1.8 trillion (RMB12.4 trillion). According to McKinsey, the internet economy is estimated to account for 7 per cent of GDP in China, compared with 4 to 5 per cent in the United States, Germany or Japan.

When it comes to fintech, there are two major countries to watch – America and China – but China does it all rather differently. Story by Chris Skinner.