Greater Disruption and Change Awaits the Financial Services Industry FinTech, or financial technology, has disrupted the financing industry. The FinTech revolution has not only changed the financial services industry, but it has also changed specific sectors, including: retail banking, lending and financing, payments and transfers, wealth and asset management, markets and exchanges, insurance, and blockchain transactions, just to name a few. It will continue to be vital for those who work in such sectors to learn how the FinTech revolution affects them immediately, as well as their future careers and business dealings. This article traces and history and shares the…
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Investors, analysts, and pundits remain highly optimistic on the Financial Technology (“FinTech”) sector driven by factors such as technology advancement and evolution, evolving consumer behavior and expectations for digital delivery of financial services, and regulatory response to the financial crisis. Mercer Capital examines valuation multiples within the FinTech industry over time to see whether public markets are reflecting these trends as well. They report that a FinTech bubble is emerging or starting to form as margins are generally down across various FinTech niches while valuation multiples have expanded. Find out more in the Mercer Capital’s Financial Reporting article, Is a…