At the end of every year there’s a natural tendency within every industry to assess how far it has come in the past 12 months and where the next 12 might lead. With that in mind, below are some of the key trends we saw in 2022. Interest rates The steep increase in interest rates we’ve seen in 2022 has had a number of different consequences. It has changed the funding environment for the FinTech sector quite profoundly. There’s good evidence that fintech valuations have come down as a result of high interest rates. Higher interest rates have also helped the big banks do rather well, increasing their net interest margins. And therefore, they have been posting some very strong results recently. Global transformation In terms of the digital transformation of banks, there is a lot of evidence to suggest that this has accelerated in 2022, partially driven by a number of different market events. In the UK there have been conversations around Pay.UK’s New Payments Architecture (NPA); the proposal for new legislation aimed at the accelerated adoption of real-time payments in Europe, the forthcoming introduction of FedNow in the US; while at a wider scale the move to […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
