**NEW RESEARCH** The State of Global Fintech – a view from Money2020

The Money2020 event in Las Vegas, now in its 6^th year, is the biggest and most important Fintech event in the world. More than ever before, this year’s event gave important clues about the way that the space is going to evolve. In previous years, the US tech giants – Google, Apple, Facebook and Amazon – have been hovering on the fringes of the financial services market, and similarly peripheral at the event. This year however they were high profile, with their A-teams on stage setting out their well thought through plans. Whilst the US is in most cases their initial focus, there is little doubt that the UK will be one of the first overseas markets they target.

A lot is happening across the Fintech world and the pace of change is accelerating. With UK financial services companies distracted by Open Banking, PSD2 and Brexit uncertainties, the risk is that the significance of what is happening in the US is going unnoticed.

Our latest FintechViews report focuses on the very real changes in strategy and competitive positioning of the internet giants, established banks and fintech newcomers as revealed at Money2020 in late October. These changes will also generate significant opportunities for Software and IT Services suppliers.

“The State of Global Fintech – a view from Money 2020” is available to subscribers of FinancialServicesViews via this link.

Please Note: To help observers of the Fintech scene and suppliers to the UK financial services sector understand the implications of these developments for the payments sector, we have recently published a Comprehensive Analysis of the UK Payments Sector. This is available to FinancialServicesViews subscribers, here. It can also be purchased as a stand-alone report. If you are interested in buying this report, please follow this link.  

Posted by Peter Roe at '08:29' - Tagged: payments   banking   AI