Show notes
In this episode, I speak to Tanya Andreassyan the MD and Editor-in-chief of Fintech Futures a global publication about financial technology. We will discuss why Digital ID verification could be the next big thing and what are the emerging trends in the industry as we are transitioning away from the crisis. Subscribe to get all the updates: http://bit.ly/2FQSunJ More episodes in the series: https://www.youtube.com/watch?v=BdaEDe9-1uo&list=PLXTR2SfmGn376VCERWwvNPSAh1ZAXqG6v KEY TAKEAWAYS The industry should be set for consolidation Funding has fallen off a cliff but many bright spots persist Improvement in Digital ID verification should lead to improved and more personalised services without being intrusive Quotes At Fintech Futures we serve global markets. So the majority of our readers come are based in Europe and North America and sort of Asia, but we do reach Africa and Latin America and we do a lot of work around emerging markets as well. There is so much stuff happening there in terms of innovation. They're just leapfrogging as they don't have the legacy. I am excited about the progress of digital ID verification. There is so much more that can be done so much in a most secure and user-friendly so that we can really move our digital identities online I see the usability of it is helping the banks and financial institutions to offer their customers genuinely personalised service, offering something that is very, very useful to the point and not invasive. Speaker 1: (21:05) Everybody's been saying that we are in a FinTech bubble and some of the valuations are a little bit I have out there in terms of their disconnect from reality. It's great to see that there is so much innovation and at great thinking and entrepreneurial spirit, but at the same time it also shows kind of means that there was quite a lot of stuff out there that is perhaps not really going to stand the test of time. They will also be very likely, quite a lot of consolidation and mergers and acquisitions. I am pretty sure that a lot of good but struggling sort of ideas and firms will be scooped up by bigger, stronger players. I mean recently I think Revolut announced that they want to go on a shopping spree, so to speak and look at various sort of firms, struggling firms in the travel industry and see what, what they can scoop up. LINKS https://www.fintechfutures.com/ https://twitter.com/FinTech_Futures https://www.linkedin.com/company/fintechfutures/ https://twitter.com/TanyaBankTech https://www.linkedin.com/in/tanyaandreasyan/ ABOUT This podcast is dedicated to helping the Fintech industry navigate the threats and opportunities of the 20s. Each episode features an interview with an executive or thought leader, discussing topics like marketing, growth, sales, culture, career and more. If you’re looking to overcome your growth challenges and discover new ideas to engage with your prospects and clients or learn best practices from B2B Fintech experts, this show is for you. The Fintech Files is brought to you by Orama, our mission is to connect providers of financial innovation and technology with the firms that will benefit from it. We do so with episodic content, in audio and video format.Get in touch with me: [email protected]
