Nice overview along the traditional lines of how banking needs are organized. We combine the needs with the tech disruptors (e.g. Smartphone, Cloud, P2P, Crypto, etc.), which shows where the biggest disruption is likely to take place
How has tech been changing finance? That’s what this piece will be about, in specific reference to consumer finance, which I think really has started to “unbundle” as Marc talks about in his interview. I think technology impacts consumer finance in three main ways: It increases access to information thereby allowing consumers to make better decisions It reduces the friction in conducting transactions where friction can be time or effort It lowers the fees/rates on transactions by serving as a cheaper middle man. But to show the above, I’ll have to break down consumer finance which by itself is very broad into its sub categories. An overview of the consumer fintech industry
https://medium.com/@tanayj/the-state-of-consumer-fintech-8ae5a1644b5b
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