Can Fintech deliver on the promise of a "digitalized" credit appraisal (promising virtually "instant loans") to the micro enterprise client (The Missing Middle) segment? Is the BIG DATA for this segment available in digital format?
Digitization of the banking industry is making new banking business models possible. But, it is the combination of regulation and technology that is making new business models a necessity.
The Paris Fintech Forum 2017 aims to bring together 2,000 participants over 2 days in the heart of Paris on 25 and 26 January 2017, around 160 CEO's and C-levels from banks, insurance, telco, regulators and of course Fintech from all continents.
Over 120 Fintech from all over the world will be represented in both panels & interviews and within 80 to 100 pitches sessions. The event will be organized in partnership with a number of key associations and international fintechs hubs.
Small and medium sized enterprises (SMEs) are the backbone of every nation’s economy and the driving force behind job creation, yet many fail within just a few years. They face many obstacles including access to financing, competition from big business, cash flow, and government requirements - all of which may prevent them from growing into bigger businesses.
This report was commissioned by the UK Peer-to-Peer Finance Association (P2PFA) and produced by Oxera. The 74-page report presents findings of an economic assessment focusing on the benefits and impact of the p2p lending industry.
Preventing future financial crises is a matter of creating better financial instruments, Nobel-winning economist Robert Shiller wrote in his 2012 book 'Finance and the Good Society'. To that end, the right fintech tools would go a long way toward encouraging innovative and healthy development in the finance sector.
Fintech is everywhere these days, and for good reason. The financial technology sector, which includes companies like LendingClub, Square and Kabbage (together termed Marketplace Lenders (MPLs) has disrupted traditional banking practices like loans and payments.
It’s about bringing people together. 1000 people will gather at PMQ in Hong Kong, with the world’s best speakers assembled to cover fintech design, innovation & entrepreneurship, and see the top 24 startups globally pitch for prizes and cash.
Mobile money services have proven to be an effective gateway for financial inclusion among the un(der)banked, a demographic that could evolve into a US$3 trillion payments volume opportunity. But mobile money services are a fraction of the opportunity and have converted only a small fraction of the unbanked population into users of additional services. For example, we see $360 billion in unmet banking deposit demand, with insurance facing more than $20 billion in uncaptured premiums in the U.S. market alone.
