AI-focused fintech companies attracted $12.1 billion in investment, despite a drop in overall fintech funding in 2023

Global fintech funding analysis (VC, PE, M&A) February 2024 2023 was a difficult year for the fintech market globally, with both total fintech investment ($113.7 billion) and the number of fintech deals (4,547) experiencing their weakest results since 2017. A storm of global challenges — from the high-interest-rate environment and stubbornly high inflation in many jurisdictions, to conflicts in Ukraine and the Middle East — combined with concerns about valuations and the barren exit environment, saw fintech investors becoming increasingly cautious with their investments [KPMG, February 2024].

Reimagining a future empowered by e-HKD, tokenised deposits and stablecoins

Deloitte’s March 2024 report delves into Hong Kong’s evolving financial landscape, spotlighting the potential integration of e-HKD, tokenised deposits, and stablecoins. It underscores the transformative capability of these mediums to revolutionize transactions, enhance security, and foster a more inclusive and innovative financial ecosystem. With insights from the e-HKD Pilot Programme, the report envisages a tech-forward future that could significantly boost Hong Kong’s GDP while aligning with global digital finance trends [Deloitte, March 2024].

Pioneering autonomous banking with AI augmented software development

Explore the future of AI-powered autonomous banking with Kamal Shah, co-founder of FintelligenX, in this exclusive interview. Shah shares fascinating insights on harnessing innovative AI technologies to transform the banking landscape, bridge the gap between modern tech stacks and legacy systems, and deliver groundbreaking products like Hyper for code generation and XRay for intelligent banking.

Navigating risk management in technology (RMiT)

Deloitte, in partnership with Bank Negara Malaysia, produced a guide on managing tech and cyber risks in financial institutions. It covers RMiT’s goals such as strong governance, risk management, and cyber controls, addressing challenges like cyber threats and data privacy. The guide includes success stories demonstrating Deloitte’s role in aiding institutions with RMiT compliance [Deloitte].

Unlocking the future of banking with AI

Experience a revolution in banking through AI-native technology! Abhay Chrungoo, Co-Founder and CEO of FintelligenX shares insights from expanding credit access to combating financial crime, and how these innovative solutions reshape finance for a personalised and intelligent future.

The asset tokenization C-suite playbook

KPMG’s March 2024 report with the Singapore Fintech Association discusses asset tokenization and its appeal to institutional investors. It explains the process and potential of tokenizing assets such as real estate and art, and provides a framework for executives considering tokenization, focusing on legal, technological, and strategic factors [KPMG and the Singapore Fintech Association, March 2024].

Lending in the Instant Economy

Businesses and consumers now expect to consume services instantly, and that now applies to financial services and lending. As a result, the lending landscape is evolving rapidly. Banks and financial institutions now face competition from new market entrants and challenger banks.

The future of the talent agenda in payments

EY’s February 2024 report explores the talent transformation within the payments industry, highlighting critical skills and roles necessary for innovation and growth amidst evolving payment trends like digital wallets and real-time payments. It emphasizes creating agile, customer-centric teams, and outlines strategies for talent attraction, development, and retention, including fostering a culture of continuous learning and embracing diversity for competitive advantage. [EY February 2024]

Mitigating inflation, rising debt, and cashflow

In today’s economic environment, businesses confront challenges like inflation, surging debt, and cash flow pressures. This report highlights the significance of cash flow optimisation, digital solutions in finance, inter-departmental collaboration, supply chain resilience, and monitoring of inflation trends, offering strategies for business resilience and success amidst these hurdles.

Future of pay

EY’s March 2024 report on India’s pay landscape notes the economy’s resilience and growth potential amid global challenges, driven by digitalization and domestic demand. It discusses HR trends like talent management and the shift towards comprehensive rewards, highlighting the role of digital tools in HR practices [EY March 2024].

To greenfield or not to greenfield? How banking leaders are preparing for tomorrow’s customer today

Open banking and the rise of fintechs are changing the world of banking. Established financial institutions may have ridden out many of the changes so far, thanks to their banking licences and consumer trust, but fintechs and challenger banks are steadily eroding market share.

Fintech 2021 Report

What happened in fintech in 2021.

Leaders vs Laggards: How FinTechs and non-banks are fast-tracking financial technology innovation, Volume 1

Fintech innovation is disrupting and helping to transform all kinds of business sectors, from banking and lending to employment services and travel. Innovation is geared both to creating efficiencies and improving the customer experience.

How banks can maximize the value of fintech acquisitions

Even as banks eagerly snap up fintech companies, they need to know the problems these deals can bring—and plan ahead to avoid them.

Leaders vs Laggards: How FinTechs and non-banks are fast-tracking financial technology innovation, Volume 2

Up to now, banks have retained customers by being the safe all-rounders, while challenger providers have filled the gaps in great customer experiences. To keep offerings feeling enticing and invaluable, digital-first financial providers need to continue thinking outside of the box.

The Finance Professional for Tomorrow

Once considered a remittance function and ‘those guys that hack away at numbers in the back office’, finance has come a long way from a reporting function balancing the books, to a data-driven decision-center and a human-machine ecosystem.

The Seven Dimensions of a Digital First Strategy

Digital First thinking is transforming businesses and the technology that drives them. Industries ranging from retail and manufacturing to media and finance are being totally reinvented as they start to view the world through a Digital First lens. And now this revolution is rapidly and irrevocably disrupting global markets participants.

Considering a fintech takeover? Five steps towards a successful merger

A fintech’s technology team is among the most valuable assets in a merger; structuring financial incentives correctly will help buyers achieve a deal’s multi-year ROI targets.

Effective cash flow control in an uncertain global market

How to unlock working capital efficiencies as inflation compounds supply chain disruption.

Featured Sponsor

Modulr Finance is the new integrated payment service for businesses that need a faster, easier and more reliable way to move money. They’ve sponsored several Thought Leadership studies with looking at the impact of instant payments across recruitment, accounting and property services.

The Seven Dimensions of a Digital First Strategy


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