The financial industry is in the midst of catching up with the digital era. This sector had been quite stagnant technologically, till about 8 years ago, when after the subprime crisis, laid off workers from the financial industry decided that they can create better banking services from outside the banking industry, and created financial-technology startups (aka fintech).
Since then, there are 12,000 estimated fintech startups, and the vast advancement in this sector has eve
For years Banks have been the center of financial activity. With the rise of FinTech, we are now seeing a process where the power is being shifted in different directions, which at first glance seems as a definite move in the right direction. BUT - What if the power is shifting to another centralized entity? Banks and Financial organizations have been, for quite a while, one of the stronger systems, playing the part of "Middle-Man" for many financial transactions. Some would
In his latest annual shareholder letter, Bezos outlined several key business tips, that can also be applied to the banking and financial industries, and can offer good insight from someone who knows how to move ahead, and to stand out in the competitive business environment. As we are well aware, the banking and financial industries are going through a fast-paced technological disruption, where FinTech startups are creating advanced technologies, while in the background, the
Next week invited to speak at Global entrepreneurship congress in Johannesburg about Israeli FinTechs. Would love to hear from Israeli FinTechs that have not yet been in touch with me, that would like to be introduced to banks in South-Africa, and at the GEC congress. #fintech #beer #entrepreneursontap #telaviv #banking #financialecosystem
Excited to be speaking at "Entrepreneurship on Tap" about the interesting relationship between Banking, Technology and a few other (Major) players, and where it's all headed. See you Wednesday March 8th in tel aviv. "מוזמנים להרצאה שלי על תחום הבנקאות במסגרת "יזמות על הבר . על מה נדבר? על ההזדמנויות העסקיות האדירות שיש היום, על הרומן הסוער בין טכנולוגיה, בנקאות ועוד כמה מחזרים מרתקים, וכמובן על הכיוון המסקרן שאליו כל זה מוביל. מחכה לכם. מיטאפ - https://www.meetup.com/yazamalh
The Fintech eco-system is constantly changing. Some of these changes are happening due to the digital growth banks need to achieve, in order to reach the technology level existing in other eco-systems. More changes are occurring because of the growing and changing number of startups creating products and services in this field. But there are other forces affecting this eco-system, including the regulator, and of course GAFA (Google, Amazon, Facebook & Apple), who are offering
The financial eco system is in the midst of being disrupted, across several financial services, including: banking, transfers, payments, lending, insurance, investment management and more. Some say these changes are revolutionizing an eco-system that had been stagnant, and hadn't moved ahead at the same pace the rest of the technological world has been evolving. Want to be inspired and better understand how startups can have a central role in revolutionizing a strong and well