Hardware, software, capital and regulations are the key challenges for most of the fintech startups and regulation remains the most important external factor that could potentially lead the whole idea to be stillborn if not correctly assessed and addressed. When the regulators are not very cooperative and do not want to take any risk, then…
Each thematic area of the fintech ecosystem is important, but I believe that infrastructure will determine the fintech industry’s future. Data is becoming more important every day, as is privacy. In addition, it is not possible to build a system and expect people to use it without proper security measures in place. Enhanced encryption and…
The world’s largest fintech hub opened in Singapore on 10 November and I was honoured to be at the launch. Singapore’s deputy prime minister and chairman of the Monetary Authority of Singapore, Tharman Shanmugaratnam, was the guest of honour at the opening ceremony. His speech was full of insights regarding the stance of the Singaporean…
Last week, I published the deposit shifting fintech idea and I got quite a lot of positive and negative feedback as to why it would work or not. It is always great to get some feedback. This week, I will publish another fintech idea which specifically targets retail and low end HNW clients. As many…
I have a fintech idea ‒ actually I have more than one, but I will publish only this one as a start. The environment of low interest rates has pushed many investors to hunt for a yield, and this has led many super-risky asset prices to skyrocket. Especially, the extended period of ultra-low interest rates…