Supplement: FinovateFall 2019
Greetings, and welcome to FinovateFall!
As we get set for our annual flagship event in New York, we find ourselves surrounded by uncertainty. Trade war tensions are escalating between the US and China, Brexit is looming, and there’s the ever-present prospect of the next global economic slowdown. Interestingly enough, though, when I went back and reread some of my welcome letters for our 2018 shows, I found that I’ve written about all of these possibilities before.
My point isn’t that we should discount the possibility of any of these negative situations unfolding – there are a variety of reasons why they might carry more weight this year than last – but rather it’s to illustrate that in financial services, there is always some version of the sword of Damocles hanging over our heads. There will always be the possibility for sudden shifts, for radical changes to the landscape, and large, macroeconomic factors that are outside of our control.
It’s (obviously) prudent to be aware of potential threats that might have to be dealt with, and to protect yourself from unnecessary risk, but looking at fintech solely as a means to avoid or curtail negatives misses out on what this industry is really all about. To me, fintech is about redefining what’s possible. Recessions, trade wars and large-scale political shifts are all possible. But so too are increasing the number of people who have basic access to financial services, helping more people take control of their financial futures, and opening up new, exciting products and services.
As you spend the next few days watching demos of innovative products and hearing from fintech experts, I’d encourage you to keep the question “what’s possible?” in the back of your mind. You’ll be inundated with visions of the future from innovators, strategists, and influencers, and the more you can maintain a sense of optimism about the possibilities that they put in front of you, the more likely you are to create a future in which you want to live and work.
I hope you enjoy the next few days, and on behalf of all of us at Finovate, I thank you for joining us. I look forward to exploring the new “possible” with all of you.
The FinovateFall 2019 Supplement features:
Fintech shows us human behavior – it’s up to us to learn from it
API for identity and compliance: an acronym financial services actually love
Food for thought
Declaring time of death and other ways of surviving doing business with big banks
What financial institutions need to build a strong AI strategy
Delivering the Customer Data Vault with Nuxeo
Ask the expert
US fintechs, do you have what it takes to succeed in your target European market?
Ensuring financial inclusion for SMEs globally
Click here to read the FinovateFall 2019 Supplement online – it is free and no registration required. Just click and read!
Or pick up a complimentary print copy at the FinovateFall conference (23-26 September 2019, New York Marriott Marquis, New York).