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| | Source: Business Insider 04-09-2016 13:29:52 | Citi just released a new Global Perspectives & Solutions (GPS) report with insight on how technology is disrupting the finance industry.
But what are the biggest names in financial tech?
Here's a list of the top 20 fintech "unicorns," or private companies valued at $1 billion or higher:
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| | Source: The Financial Brand 04-21-2016 10:03:41 | While new entrants are changing the face of banking, traditional financial institutions can still dominate by partnering, hiring, crowdsourcing, and piloting new solutions that focus on the customer experience....
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| | Source: Fortune 08-29-2016 09:23:57 | Swiss banj UBS is leading a team of four of the world's bisset banks developing a system to enable financial markets to make payments and settle transactions quickly using blockchain technology....
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| | Source: Bloomberg 09-15-2016 09:15:33 | It has big ambitions to revolutionize finance. But those aren't matched by its funding or manpower. The blockchain industry is either hugely under-resourced or hugely over-optimistic. Probably both....
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| | Source: PR Newswire 10-14-2016 09:43:26 | The state of the finance industry is always changing as the economy becomes increasingly global. Digital transformation is inevitable in this industry, creating opportunities for IT companies over the next few years. This study is derived from a survey of IT decision makers around the world across multiple industries. It provides insightful information on what drives investment in IT solutions, the IT-related challenges that organizations face today, and most importantly, plans for IT budgets. ...
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| | Source: VentureBeat 10-28-2016 09:26:57 | In the financial services industry, blockchain looms as a large but distant and somewhat mysterious presence. A few forward-thinking bankers take it seriously and are trying to figure out how to turn it to their own advantage. Everyone else has heard about it, knows little about it, and is taking a wait-and-see approach....
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| | Source: http://dataconomy.com12-30-2016 09:19:48 | Blockchain: the single most confusing term since Bitcoin. Everyone has a vague idea of what it does. It?s either the ultimate evolution of financial technologies, or a silly fad that can be summed up in the disconcerting phrase: ?dogechain.? In reality, major companies around the world have already shown favor to the burgeoning money exchange system and it may become harder and harder to stay away from the financial dark art....
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| | Source: JD Supra 01-07-2017 09:02:24 | A financial technology advocacy group has reached out to President-elect Donald J. Trump, encouraging him to create a new position at the Treasury Department to support fintech. The position that the President-elect and his administration will take on financial technology is still unclear. As a result, advocacy groups are attempting to gain leverage on these important issues....
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| | Source: Federal Reserve Bank of San Francisco 03-08-2017 09:45:02 | Communications technologies like smartphones, cloud computing, and machine learning are giving rise to new ways of delivering financial services. While San Francisco Fed headquarters sits a few miles away from the world?s leading technology hub in Silicon Valley, many of the most innovative developments in financial technology (fintech) are happening in Asia. The latest edition of Asia Focus from the SF Fed?s Country Analysis Unit explores the following five fintech trends shaping finance, banking, and banking regulation in Asia....
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