CFA Society Melbourne

CFA Media Release | Obstacles to Growth mean FinTech unlikely to Replace Traditional Financial Sector

Highlights areas of potential industry disintermediation including Blockchain, Robo-adviser, Mobile payment, P2P Lending

The new FinTech 2017: China, Asia and Beyond Report (Report) released by CFA argues that, while FinTech companies were usually strong at technology and applications, they are mostly inexperienced in financial sector operations and therefore unlikely to completely replace the more conventional sectors of the financial services industry.