Despite the significant buzz surrounding the transformative power of fintech, it would be fair to say that it hasn’t swept the financial sector as quickly as anticipated. However, the prospect of change remains immense, promising a powerful but slower wave of transformation than seen in other industries. A key reason…

It is estimated that between 60 to 75 percent of trading on all major stock markets around the world is algorithmic, dominated by high frequency trading, bots, algo trading, algo portfolio management, and increasingly, the use of Artificial Intelligence (AI) in algorithmic trading and finance. While it is difficult to…

In the fintech world we spend a lot of time thinking about Know-Your-Customer (KYC) and anti-money laundering (AML) regulations because of the colossal expense of implementing them and the massive penalties for getting them wrong. It has been clear for years that the system is broken in many ways, but…

Southeast Asia’s largest platform companies all reported second quarter earnings recently. Some results were better than others, but Sea Group, Grab and GoTo all continue to struggle with the fundamentals. The latter two companies are not profitable, while Sea’s performance underwhelmed investors. In a nutshell, these companies have all attempted…

When the Federal Reserve announced earlier this summer the launch of FedNow, a new service to enable instant payments for American households and businesses, some critics argued that the fanfare was overblown. After all, The Clearing House had launched the nation’s first instant payment system in 2017, and even that…

There was no shortage of drama in the past year regarding the Security and Exchange Commission’s (SEC) proposed private fund reforms, which were eventually enacted on August 23, 2023 and were approved 3-2 along party lines by the commissioners. These sweeping reforms, taken a whole, are much less transformational than…

The Buy Now Pay Later (BNPL) sector continues to evolve and now the techfins are ramping up the competition. Fintechs such as Klarna blazed the trail, the banks joined in and the techfins have taken up the torch. Earlier this year Apple AAPL launched its BNPL service in the US…

In a rapidly digitizing world, many Asian countries are going cashless in order to create better, faster, and cheaper payment infrastructure. But should 100% cashless be the goal? While cashless transactions offer clear benefits, significant barriers exist to achieving a completely cashless society. Infrastructure limitations, inadequate digital literacy, and disparities…

Mention ‘cloud’ and the responses from financial services executives will run the gamut. While some will happily list the many benefits of a cloud-enabled business, others might still be figuring out how to get maximum value from their cloud initiatives. Recent research by Accenture ACN on cloud outcomes found that…

Web3 has arrived, bringing with it a surge in job opportunities within the field. Web3 saw a staggering $62 billion investment in 2022, according to the McKinsey.com “Tech Trends 2023” report. This influx of investment correlated with a notable 40% increase in job postings. The landscape of the Internet has…