There is a trend towards better out-of-the box systems integration, eliminating manual entry and costly customization. This will save money, reduce errors, and allow finance professional to be more productive.
Michael B. Miller, Northstar Risk
From transactions and loans to compliance, research and analysis, new fintech solutions allow for high-quality financial services to be inexpensively provided to a broader set of customers than ever before.
Akash Ganapathi, Trill AI
As internet access grows around the world, we are seeing FinTech start to converge. Digital currencies that even the international financial playing field are here to stay.
Caleb Chen, London Trust Media
One significant fintech trend is blockchain technology moving out of the lab/R&D and integrating into real world applications across various cross sections of fintech such as cybersecurity, cryptocurrency and data analytics.
Kevin Dinino, KCD PR
It’s getting easier for all types of merchants to sell online. “High risk” ecommerce merchants now have more flexible options to accept payments online through specialized processors and gateways that cater to their specific business models.
Jared Ronski, MerchACT
FinTech companies are on track to help simplify consumer loan payments and get Americans on the path to debt free living.
Matthew Cooper, Earnup
FinTech is largely a product of jurisdictional based regulatory parameters. These region specific nuances are the reason we don’t see FinTech expanding in sync with Tech that is used globally.
Kane Jackson, Empire Equity Group
Fintechs will force traditional financial institutions to evolve, through offering a larger range of services catering to the everyday Australian. Finance is about to become easier, faster and more secure.
Lachlan Heussler, Spotcap
The main trends in the following years are likely to be decentralization, merging of telecom and financial infrastructure, and rapid growth of financial services supply in developing countries.
Andrew Zimine, Exscudo
The application and interpretation of digital data will see a mass migration of banking products being accessed through open marketplaces with manual operations being replaced by automated data driven transactions.
Bill Kalpouzanis, Lodex
This new generation of investors entering the marketplace expect great returns but also want to invest in a socially responsible way, or see their money drive positive social impact.
Mike Ivancie, CNote
Blockchain, ChatBots, Robotic Process Automation and peer to peer banking are just a few of the Fintech capabilities in use today. Going forward, I expect worldwide usage to increase exponentially.
Richard Paxton, Alacer Group
Goldman Sachs and CB Insights recently reported that startups have raised over $1 billion in Initial Coin Offerings (ICOs) this summer — more than the total amount of early stage venture capital raised during the same period.
Anton Dzyatkovsy, MicroMoney
Convenience drives adoption for frictionless solutions. We see it with Venmo and mobile apps, and biometrics will open more possibilities especially for accurate, reliable security to protect what matters most.
Mark Clifton, Princeton Identity
Right now instant payments are all the rage and in the future it will only become more important as it will be expected to make deposits, payments, and send money across oceans within minutes.
Matt Oppenheimer, Remitly
The potential of incorporating a secure and seamless payment platform within vehicles, allowing consumers to pay for services like gas and parking, without having to get out of their car, is too significant for it to not take off in the very near future.
Erdal Yazmaci, Cardtek
Fintech, just like any other sphere today is moving towards mobile, it’s particularly true for personal service and enterprise mobility. The most promising fintech trends of this year are AI and chatbots.
Valeriia Timokhina, Eastern Peak
FinTech is still a thriving field as virtually all industry players understand the importance of digitizing and automating workflows as well as offering new digital experiences for their customers.
Dr Martin Prescher, AutoGravity
Fintech is witnessing a fundamental shift into decentralized and highly efficient transactions using blockchain technology creating disruption and innovation globally. Banks must address this shift in technology to remain relevant.
Steve Good, Coinvestors
FinTech is in a state of frenetic growth as startup experiments providing technology enhanced experiences attempt to solve age-old complaints about traditionally intimidating or inaccessible financial services.
H. Adam Holt, Asset-Map
While Fintech has taken off in the B2C world, it will now take root to the B2B enterprise space to revolutionize the procure-to-pay process, providing the requisite velocity and transparency to support dynamic discounting.
Nilay Banker, Inspyrus
Fintech is going to evolve as an innovation channel and partner for the legacy financial ecosystem. This is due to regulations, customer acquisition costs and timing to succeed.
Christina Trampota, CGM Squared
Considering the amount of disruption and change across the entire lifecycle of a payment, Fintech will continue to grow exponentially both in investments and, in theory with groundbreaking solutions and features.
Mick Oppy, Vantiv
New technologies in digital payments for consumers demonstrate that there are big opportunities for Fintechs to deliver similar solutions for small business payments.
Steve Taylor, Noventis
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