While FinTech is revolutionizing the banking industry and giving millions of people access to financial services for the first time, new banking models are emerging with FinTech start-ups and tech firms potentially disrupting the status quo. But business schools and universities are not preparing future bankers for these changes, says FinTech thought leader Henri Arslanian. How can designers, programmers and creative thinkers help?

Henri Arslanian started his career as a financial markets and funds lawyer in Canada and Hong Kong, after which he spent many years with UBS Investment Bank in Hong Kong. In recent years, he has been teaching graduate courses on Entrepreneurship in Finance at Hong Kong University as an Adjunct Associate Professor, and currently leads the first FinTech course in Asia. His latest book on Entrepreneurship in Finance will be published in late 2016 by Palgrave Macmillan. A member of the Milken Institute’s Young Leaders Circle, Henri is a regular keynote speaker globally on the topic of FinTech and hedge funds and currently sits on a number of finance, academic, civil society and FinTech related boards and advisory boards. Henri is fluent in English, French, Armenian, Spanish and conversational in Mandarin Chinese and has been awarded many academic and industry awards over the years, including the Governor General of Canada Gold Medal for Academic Excellence.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

If the latest battle in the AI wars is between open and closed models, Meta CEO and Founder Mark Zuckerberg is right on the frontlines. Since rebranding as Meta in 2021, the trillion-dollar company, formerly known as Facebook, has been pouring billions into its long term bets on artificial intelligence and the metaverse. Meta’s latest push is a major play to open-source AI, in contrast to Google and Open AI. In an exclusive interview, Bloomberg’s Emily Chang sits down with Zuckerberg to discuss how the company’s newest AI model Llama 3.1 will shape the future of business, technology and society. She also visits his retreat in Lake Tahoe to talk about his personal evolution as a leader, and learns how to wake surf with Zuckerberg and his wife, Priscilla Chan.

#ai #meta #markzuckerberg
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It’s turning into a sobering year for fintech. After a carnival of new unicorns and mega-funding rounds in 2021, private fintech companies are now scrambling to cut costs and stretch out the funds they have to avoid needing to raise additional money at a lower valuation (known as a “down round”). Their fear is well grounded.

Still, it’s been a heck of a ride, fueled in part by the pandemic-accelerated shift towards so much shopping and banking online. In February 2020, just before Covid-19 hit the U.S, the average valuation of America’s ten biggest private fintech companies was $9 billion, and the cutoff to make the list was $3.7 billion.

For our 2022 list, those numbers have more than tripled–to an average value of $27.7 billion and a cutoff of $12 billion. Future funding rounds will show whether these record valuations reflect an about-to-burst bubble or are, perhaps, sustainable after a pause.

Read the full story on Forbes: https://www.forbes.com/sites/i....sabelcontreras/2022/

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✨ Description ✨

In today's increasingly digital world, fintech has become a buzzword that's hard to ignore. But what exactly is fintech, and how does it impact our daily lives?

In this video, we'll explore the basics of fintech and break down what it means for individuals, businesses, and the economy as a whole. We'll cover the history of fintech and how it has evolved over time, as well as the key players and industries involved in the fintech ecosystem.

From mobile banking apps to cryptocurrency and blockchain technology, we'll dive into some of the most common fintech applications and explore how they're changing the way we interact with money.

✨ Channel Link ✨

Subscribe to our youtube channel: https://www.youtube.com/channe....l/UCDmW7KQMICVGzuwJL

✨ Tags ✨

fintech, financial technology, digital finance, mobile banking ,blockchain, cryptocurrency, financial inclusion, data privacy, financial services, innovation
technology, finance, banking, payments, online lending, robo-advisors, AI,
machine learning

✨ Hashtags ✨

#fintech#financialtechnology#digitalfinance#mobilebanking#blockchain
#cryptocurrency#financialinclusion#dataprivacy#financialservices
#innovation#technology#finance#banking#payments

I never really understood what's FinTech--there are credit cards, banks, and apps like Venmo, and sure there's software that is used by each but that's the case with virtually anything else these days. Though, then I started working at a FinTech company, and later on I moved to another one, and it finally made sense. FinTech is the intersection of finance and tech--but you already knew that. So, yes, FinTech companies build software that's designed to provide financial services, but what's the big deal?

Well, for starters, FinTech has been around for a while, although companies like Stripe popularized the field only in the past decade. Making a payment 50 years ago looked dramatically different than how it looked like 20 years ago, let alone how it looks like today.

And it does not stop with payments: Raising capital, investing, filing taxes, online transaction integrations, payment terminals, and virtually any other financial service either became accessible or enjoyed a dramatic advancement thanks to the incorporation of software and technology in the financial sector.

All of the above are existing innovations in FinTech--and Chase bank has recently published a report that discusses the future of it--which is discussed in the video as well, along with the different jobs and roles that FinTech companies hire for.

Edited by Polina: createdbypolina@gmail.com

💬 Disclaimer
The content in this video is for entertainment purposes only. I am not a financial advisor and what I say in this video should not be considered as professional advice of any kind, I speak only from my personal experience.

A quick video to explain how Fintech works for you!