FinTech News Issue #101 Friday, January 20th 2017 03:31PM

Last year was an exciting one in the alternative investment industry, and all indications point to another great year in 2017. Here are 5 predictions that will dominate the industry in 2017...

The banking industry is facing massive disruption, not just from the new entrants in the market but also from regulatory pressures across many jurisdictions, writes Justin Pugsley. PRINT SHARE COMMENT

AI can improve customer personalization, identify patterns or connections that a human couldn’t find, and answer questions about banking relationships in real-time.

The original Blockchain Conference is back. The 3rd Annual Blockchain London Conference will take place during London Blockchain Week. This year, the event will span 2 days. The first day will focus on Crypto/Bitcoin/Public Blockchain, while the second day will focus on Blockchain/DLT in hybrid and public ledgers. The week will also include a hackathon and workshops.

Young fintech firms started out hoping to eat the banks’ lunch. Now, they’re taking a seat at the table and breaking bread together.

We live in a world characterized by rapid communications and transactions. About 97% of Millennials own a mobile device and 51% of them spend more time shopping (buying) on mobile than on desktop.

Fintech, which has already disrupted the payments, banking and financial advisory markets, is beginning to enter the $14 trillion mortgage market.

Innovating in banking is easy compared with regulating it.

The combination of data and advanced analytics allow financial institutions to build personalized relationships that could be more powerful than ever possible. The question is whether banks and credit unions will seize this amazing opportunity.

Banks tend to use customer analytics to cross-sell products to consumers and do things that benefit their own bottom line.

Customer purchasing behavior has been significantly transformed since the accelerated adoption of FinTech solutions, known for their convenience, customer-centricity and emphasis on UI/UX rather than the movement of funds.

Is Facebook the future of banking? It certainly has brand on its side. Story by Duena Blomstrom.

A consortium of fintech companies have formed a new industry group to advocate for allowing consumers to share their financial data with chosen third parties.