Did 2018 FinTech Live Up to Expectations?

IRIS.xyz  |

By Chris Skinner for Iris.xyz

As usual, I began the year with a bunch of predictions. I always like to end the year by going back and reviewing them.

My own predictions were a little bit off. I said the main four things that would happen last were:

  1. Getting down to business with Artificial Intelligence (AI)
  2. Rationalising and cleansing core data structures
  3. Continuing the digital drive
  4. Distributed Ledger Technology (DLT) continues to rise

I would claim that 1 and 3 did happen, but I didn’t see much of 2 and 4, DLT, well … are you pulling my blockchain? In fact, my worst prediction was that “cryptocurrencies valuations continue to rise (some say bitcoin will exceed $100,000 soon), and regulators will focus upon these markets to try and lock them down” … or maybe the regulatory involvement did quell that bubble’s burst.

Disappointing in many ways that 2018 didn’t see a greater movement forward to get bank systems and structures sorted out, but then I guess many are still just focused on their shareholder returns and they’re doing fine so why bother?

Nevertheless, I wasn’t the only one more optimistic at start of year than at end of.

Jim Marous of The Financial Brand had this lovely crowd sourced list of priorities back in January

  1. Removing Friction from the Customer Journey
  2. Expanding Use of Data and Advanced Analytics
  3. Improving Multichannel Delivery (note: I never use the word channel)
  4. Embracing PSD2 and Open API Banking
  5. Building FinTech Partnerships
  6. Expansion of Digital Payments
  7. Navigating Compliance and Regulatory Changes
  8. Exploring Advanced Technologies
  9. Competing with New Challengers
  10. Testing Blockchain Technologies (that was last year imho)

I would say that only number 5 saw any real traction out of this list, or maybe I’m being too harsh?

Meantime, I did share this infographic at the start of the year from Clari5 by Customer XPS …

Looking back, this was probably the most accurate reflection of what happened in 2018. Do you agree?

Link to original article.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer



Symbol Last Price Change % Change










Q BioMed CEO provides a Corporate Update

Denis Corin, CEO of Q BioMed Inc. ”Q“, a biomedical acceleration and development company, focused on licensing and acquiring undervalued biomedical assets in the healthcare sector, provides a corporate update.

Emerging Growth

Alliance Growers Corp

Alliance Growers Corp is a Canada based diversified cannabis company. The company is primarily focused on the development of Cannabis Botany Centres in Canada.