What is fintech? | CNBC Explains

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  • Опубликовано: 6 июн 2018
  • It’s a multi-billion dollar industry that’s changing everything from how we make purchases to how we get loans. What is fintech all about? CNBC’s Elizabeth Schulze explains.
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Комментарии • 274

  • @upplabs3480
    @upplabs3480 3 года назад +56

    As fintech experts, we can definitely say that this video is practical and insightful.
    Thanks!

    • @Alice8000
      @Alice8000 2 года назад +1

      I'm an expert.

  • @panashifzco3311
    @panashifzco3311 Год назад +17

    Yes financial technology, presented in a crisp and informative manner....fintech has mammoth potential and is the reason why big players have invested in it..

    • @ananthuanil8025
      @ananthuanil8025 Год назад +2

      Do those who completed bcom can study fintech?

  • @saibhanu2732
    @saibhanu2732 5 лет назад +5

    Thank you so much ma'am 🤩

  • @Tradingpassion
    @Tradingpassion 6 лет назад +273

    I am Learning a lot on CNBC. Thank you

    •  5 лет назад +1

      Elizabeth presents well.

    • @kwrer6087
      @kwrer6087 4 года назад

      Cloud adoption in the financial service sector - a storm warning l.linklyhq.com/l/2HG #cloud #technology

    • @brentonweeks3068
      @brentonweeks3068 3 года назад +1

      NOVATTI (ASX: NOV) looks like it can be a billion dollar company

    • @brentonweeks3068
      @brentonweeks3068 3 года назад

      Novatti has agreements with Alipay, Marqeta, Tencent

    • @Melraep29
      @Melraep29 2 года назад

      Me too!!! 😄

  • @hueguy
    @hueguy 3 года назад +9

    Thank you for the summary ! The best 4 mins of my day

  • @zakhirrusjan5637
    @zakhirrusjan5637 3 года назад +1

    Thank you very much for the information.

  • @Blackboarddiscover
    @Blackboarddiscover 5 лет назад +3

    Great bite size analysis

  • @nickfleming3719
    @nickfleming3719 4 года назад +22

    Your writer just had to get that "rise of the robots, right?" alliteration in there

  • @Vedrajrm
    @Vedrajrm 6 лет назад

    Thank you

  • @anuj4ky
    @anuj4ky 5 лет назад +1

    Very knowledgeable

  • @iuriizinchenko4515
    @iuriizinchenko4515 5 лет назад +1

    Great channel!

  • @Vedrajrm
    @Vedrajrm 4 года назад

    Just love her
    Videos

  • @grandbaycentral5741
    @grandbaycentral5741 3 года назад +1

    CNBC is like CNN of finance. Provide a lot of info regarding to finance. Please keep me inform CNBC.

  • @FrankNadarStudios
    @FrankNadarStudios 4 года назад +8

    She looks like Felicity Jones the actress from "Rogue One"

  • @hirenhs1298
    @hirenhs1298 3 года назад +1

    Useful info tqsm🥰😇👍🏼🙏🏻🇮🇳

  • @doshimihir1
    @doshimihir1 6 лет назад +130

    More details would be interesting.. like who are the major players, how do they control and drive the innovations market

    • @Qfinesse21
      @Qfinesse21 3 года назад +3

      Bingo! Blockchain

    • @IDontThinkSooo
      @IDontThinkSooo 2 года назад +1

      Bro mainstream media will always steer you wrong 😂😂

  • @MelindaSordinoIsLiterallyMe
    @MelindaSordinoIsLiterallyMe 3 года назад +2

    1:11 fun fact: Elizabeth is standing in front of Wirecard's expo booth.

  • @adrianchalwe8143
    @adrianchalwe8143 3 года назад

    Am learning alot

  • @informationtechnology4562
    @informationtechnology4562 3 года назад +4

    China and India have the highest rate of fintech adoption in the world!!!

  • @sanjayghimire7695
    @sanjayghimire7695 2 года назад

    Your smile is uplifting ⭐

  • @mehrakhamzeh8479
    @mehrakhamzeh8479 Год назад +1

    Lovely story on Fintech lets chat more about use cases!

  • @butterflydiary3314
    @butterflydiary3314 4 года назад +9

    hi, Elizabeth, Thank you for your instruction . Now I not only understand the meaning of FINTECH but also improve my English listening and help me to improve my pronouciation .

    • @shivanshu1970
      @shivanshu1970 2 года назад +1

      Still your pronunciation spelling is wrong. 😅😅😅😅

  • @zahrotin1750
    @zahrotin1750 4 года назад +6

    Kenya's fintech is really cool and it's nice to see that happen there

  • @fiduciya
    @fiduciya 6 лет назад +3

    you should make a video on water sanitation in developing economies like India or Brazil ....

  • @giadinhotieu
    @giadinhotieu 5 лет назад +1

    If I am working in an auditing firm, how to be involved in fintech trend? For example, learning what new skills? Thanks all.

  • @hmathenge25
    @hmathenge25 3 года назад +7

    You cannot talk Fintech without talking about MPESA..🇰🇪

  • @kritika.717
    @kritika.717 2 года назад +4

    No one gave me the the actual meaning of Fintech except this one.

  • @jacksugden8190
    @jacksugden8190 4 года назад +1

    Never used Fin Tech so most informative to have watched this.

  • @victor40cube
    @victor40cube 6 лет назад +23

    M-pesa is pioneered in Tanzania, then expanded to Kenya FYI guys

    • @silvesterndaigiri9480
      @silvesterndaigiri9480 6 лет назад +8

      Victor Sales No it's not my friend, M pesa is purely kenyan

    • @mrp4071
      @mrp4071 6 лет назад

      Research before making such a bold statement.

    • @notadevstory
      @notadevstory 6 лет назад +2

      Victor Sales pass the weed bro

    • @maureenw7678
      @maureenw7678 6 лет назад

      Mmmscheeeww!

    • @andaliamaureen
      @andaliamaureen 4 года назад

      LOOOOL please always research your statements before posting them somewhere public.

  • @onlinesaidasa9105
    @onlinesaidasa9105 Год назад +3

    Namaste
    Within Fintech there are various categories like
    Digital banking.
    Payment.
    Trading and cryptocurrency.
    Insurance.
    Deposit and lending.
    Capital raising.

  • @JDLeeTV
    @JDLeeTV 3 года назад

    Amazing

  • @supaflanka
    @supaflanka 6 лет назад +14

    Yo the presenter looks like Felicity Jones from Rogue One

  • @jonathandumay3247
    @jonathandumay3247 4 года назад +6

    Fintech degree vs finance degree would be a good video. Especially cuz everybody is going back to school

    • @un-karnish2967
      @un-karnish2967 3 года назад +3

      Get a finance degree and go into fintech if you want to. As simple as that.

    • @un-karnish2967
      @un-karnish2967 3 года назад

      @Adjective The original comment was discussing about 2 degrees of finance. Mention of computer science degree wasn't there. Also, learning programming is easy compared to learning all the intricacies of the financial world, for many.

    • @un-karnish2967
      @un-karnish2967 3 года назад +1

      @Adjective I have a master's degree in finance while most of my friends have a master's degree in computer science. They struggle to understand the most basic concepts of finance while I know a little bit about programming and stuff. I guess it depends on the particular area of fintech one is planning to get involved in and the kind of roles they are looking for.

  • @nabilashuhada6050
    @nabilashuhada6050 3 года назад

    melaka/6A
    very nice video. short and simple

  • @jamsheerjamshi92
    @jamsheerjamshi92 5 месяцев назад

    Thanks

  • @diwakarreddychalamakunta9697
    @diwakarreddychalamakunta9697 3 года назад

    Fantastic....

  • @AirElegant
    @AirElegant 6 лет назад +6

    Let's see how reliable is this technology 💖

  • @tshepo_thato
    @tshepo_thato 5 лет назад +2

    Please do a video on peer to peer lending

  • @jssandeep
    @jssandeep 4 года назад +2

    Madam very nice video. But legal aspects of fintech for the unserved will be nice to know. Is the Reserve bank and government amending policies to foster these digital innovations. How can they lend on interest rates higher than banks and financial institutions?

  • @redsnflr
    @redsnflr 10 месяцев назад +1

    It's all finTech if it's done on a computer, banks have been using computerized ledgers since the 50's, it's just that bank "tech" is now legacy (& often written in outdated programming languages if a long-running company and ledger).

  • @franciscocevallos5084
    @franciscocevallos5084 5 лет назад +15

    Fintech must be supported by Governments and Private enterprises in their efforts to get rid of poverty ,like they did in Africa

    • @testing6753
      @testing6753 9 месяцев назад +1

      What makes you think they wanna get rid of poverty? lol

  • @Atipat12
    @Atipat12 6 лет назад

    Cool article 😎 😎😎😎😎

  • @praysuguitan779
    @praysuguitan779 4 года назад +15

    Truly digital technology is heading us towards the biblical mark of the Beast

  • @whatgaurav
    @whatgaurav 5 лет назад +18

    Read about UPI - Unified Payments Interface, launched in India. A model that can be useful across the globe

    • @Unbeatable0007
      @Unbeatable0007 4 года назад

      @Mero Wish its a peer to peer money transfer platform straight from ypur Bank account!

  • @Akhil2481
    @Akhil2481 6 лет назад +5

    Good overview of the growing fintech space. It’s technology, business models, monopoly, disrupters and mix of many many more interesting facets.

  • @AutomataBank
    @AutomataBank 4 года назад +1

    nice video 👍

  • @fintechontheblock
    @fintechontheblock 2 года назад +1

    Fintech is the future, the uses and capabilities are increasing every day!

  • @sitinajihah7273
    @sitinajihah7273 3 года назад +1

    Melaka/6A
    Fintech is definitely a good and convenient finance technology

  • @4138channel
    @4138channel 3 года назад +1

    haha my mother went to that conference - apparently it was pretty neat

  • @miltontorres8529
    @miltontorres8529 4 года назад +4

    I stay hungry I ment she just nearly touch the waters I was expecting to go deep on details so it was more like a sight (got you) I need more info ...... thanx for the video

  • @billwentz7339
    @billwentz7339 9 месяцев назад

    Time to update this!

  • @Jerjaiable
    @Jerjaiable 6 лет назад +7

    WeChat, China, just model after that.

  • @aheeju
    @aheeju 5 лет назад +3

    Naver Line Pay, Kakao Pay

  • @kethavathnaik8401
    @kethavathnaik8401 6 лет назад

    What is SCO summit held in China?

  • @RemitTV
    @RemitTV 4 года назад

    Good features news cover

  • @baiwenjing6215
    @baiwenjing6215 4 года назад +4

    Can people without a bank account still use smartphone pay? 😳

  • @AnalystOfTheTruth
    @AnalystOfTheTruth Год назад +1

    So do fintech majors code these apps or what role do they play exactly?

  • @bikoakoko3596
    @bikoakoko3596 4 года назад

    Kenya to the world!

  • @nooratirabintikila2458
    @nooratirabintikila2458 3 года назад +1

    Thank you, such a nice info, noted. Melaka 5J

  • @armadalabs1771
    @armadalabs1771 4 года назад +2

    Now, finding the right technology partnership is the key 🧑‍💻

  • @stivenstivens
    @stivenstivens 2 года назад +1

    This is interesting. Kenya has more e payment users than France.

  • @justcallmenad3182
    @justcallmenad3182 2 года назад

    Is it the same and Connected the Fintech Investment Launch 2021 with 2% daily for 100% days?

  • @MrSushant3
    @MrSushant3 6 лет назад +12

    Most of the fintechs today are based on pretty vulnerable technology stack & business models. So, we're yet to see some major cyberattacks on few of them until the investments drop.

  • @a2ashraf
    @a2ashraf 6 лет назад

    I heard Federal reserve is thinking of coming out with a crypto currency reserve coin. Not for trade in an exchange , thereby eliminating volatility .. is this true?

  • @tohkengleng9034
    @tohkengleng9034 2 года назад

    Have you thought of phone breakdown? Just like hard disk is damaged and all the data is gone. Maybe I will pursue IT forensic course.

  • @AbdallahBotan
    @AbdallahBotan 6 лет назад +9

    Somalia is one of the first countries who implement FinTech.

    • @mohanaryal677
      @mohanaryal677 6 лет назад

      Cabdullaahi Bootaan because of their unmanaged and uncontrollable inflation

    • @AbdallahBotan
      @AbdallahBotan 6 лет назад +1

      They use Fintech hater.

    • @AbdallahBotan
      @AbdallahBotan 6 лет назад +4

      Who's pirates... is those big ships of west looting Somali fish or it's those Somali fisher men who's their nets were cuted, their boats sinked and in a self defence?!

    • @vrc48
      @vrc48 5 лет назад +3

      I hope Somalia gets rid of their pirate problem and develop freely. All the best to Somalia

  • @IdeaSeedAfrica
    @IdeaSeedAfrica 5 лет назад +9

    Most change will be coming out of Africa. I experience that myself here in Lagos and Accra every day. Be aware.

  • @DavidXRae
    @DavidXRae 4 года назад +7

    Fin tech
    End tech
    Final technology
    Moving to a fully digital currency is probably one of their biggest milestones

  • @Ghostintheshell3551
    @Ghostintheshell3551 2 года назад

    i use my pixel 6 pro to do all my banking , i have not gone into a brick and mortar bank in about 8 years

  • @sohanpatchigolla2075
    @sohanpatchigolla2075 4 года назад

    Good

  • @ralphgertis7614
    @ralphgertis7614 6 лет назад +1

    using xrapid??

  • @artursmakars9987
    @artursmakars9987 5 лет назад

    Those zooms are hilarious

  • @bartholisa1943
    @bartholisa1943 4 года назад +1

    I like the way Fintech is growing in all business. Trading futures and derivatives can now be easy with INJECTIVE PROTOCOL

    • @kindcolt2747
      @kindcolt2747 3 года назад

      You dont realize that chinese citizens are getting chips instead of their phones. If you are aware of anything about the truth of this world that is the mark of the beast.

  • @ryanmckenna2047
    @ryanmckenna2047 Год назад

    Elizabeth is very charming and charistmatic

  • @Mohamed-kd5rn
    @Mohamed-kd5rn 6 лет назад +1

    I am becoming smarter by watching this videos

  • @jayleenrowe8337
    @jayleenrowe8337 4 года назад +27

    i am from Denmark, i need help trading forex or bitcoin

    • @andersmogensen2785
      @andersmogensen2785 4 года назад

      Michelle Robert helped me

    • @meganwalko3477
      @meganwalko3477 4 года назад

      @@andersmogensen2785 i have heard alot about this woman

    • @jayleenrowe8337
      @jayleenrowe8337 4 года назад

      @@andersmogensen2785 when is the best time to reach out to this woman, i need more information pls

    • @izcanordaz2766
      @izcanordaz2766 4 года назад

      Bots

  • @raheel6469
    @raheel6469 5 лет назад

    I am trying to be involved in fintech sector and following fintech stuff for a year but didn't get to a point where i can form some idea to get benefit.

  • @Antagonistock
    @Antagonistock 6 лет назад +39

    Hey CNBC, aren't you paying my darlin well enough? 1:51 she's still using an iPhone 6S

    • @BitsEUismynamelilbish
      @BitsEUismynamelilbish 3 года назад +5

      S is for seduction, youve been charged by her corruption
      And i is for impressing girls online with your investment
      And the m is for the money that you lost since this all started
      And that P is for the princess always gave her what she wanted

    • @TheOriginalFrankMatthews
      @TheOriginalFrankMatthews 3 года назад +1

      @@BitsEUismynamelilbish ⚰️😂🪦

  • @TheTeKuZa
    @TheTeKuZa 5 лет назад

    Is that sanction proof?

  • @ExtranjeroyPeregrino.
    @ExtranjeroyPeregrino. 5 лет назад +25

    Elizabeth you look more elegant and attractive when you wear long dresses! She's already cute!😍

    • @thenicestguy2748
      @thenicestguy2748 4 года назад +11

      What a beta!

    • @neitherhotnorflashy1677
      @neitherhotnorflashy1677 4 года назад +5

      @@thenicestguy2748 you mean creepa!

    • @loganmarquis7378
      @loganmarquis7378 4 года назад +6

      Wow, another guy looking at a smart woman for her looks and not her talent

    • @ExtranjeroyPeregrino.
      @ExtranjeroyPeregrino. 4 года назад +1

      @@loganmarquis7378 for sure this is the extra ... but more importantly that i forgot to remark is that, she will be perfect if she fears GOD! thats something that i dont expect you to understand.

    • @loganmarquis7378
      @loganmarquis7378 4 года назад +1

      Jorgiño Luis I grew up in the church for 18 years, I know what you mean. I am by no means saying what she should wear but she doesn’t need anyone’s acceptance or validation to wear what she wants. Long or short dress, we should focus on her mind that allows her to do this job so well.

  • @sravanvlogs1377
    @sravanvlogs1377 6 лет назад +11

    Context good for economy
    Paytm is famous in india

  • @btvenglishnewsat10
    @btvenglishnewsat10 3 года назад +2

    Helpful and informative for all.The Hidden Agenda of ‘Interest’ Versus ‘Profit’ Importance of Bank Banks are an essential component of the present day world-individuals as well as public and private institutions can hardly operate without the institution of banking.

  • @xomifred
    @xomifred 6 лет назад +19

    Nothing will ever beat M-Pesa. Nothing.

    • @zolajia7123
      @zolajia7123 6 лет назад +2

      affordable and accessible

    • @fransfrans5228
      @fransfrans5228 4 года назад

      Alipay and wechat pay :)

    • @DanielNyong
      @DanielNyong 4 года назад +2

      Frans Frans mpesa doesn’t need wifi. African payment technology is very efficient. It’s all done by your mobile provider.

  • @nhantiger4726
    @nhantiger4726 Год назад

    Fintech change the world

  • @mariatumalaikaconteh2640
    @mariatumalaikaconteh2640 3 года назад

    Wow

  • @destroya3303
    @destroya3303 4 года назад

    Whats up CNBC prestitues?

  • @maahir3039
    @maahir3039 5 лет назад +2

    Somalia uses systems like this since 2008 called ZAAD service or EVC PLUS OR SAHAL services.
    you should have mention it.

    • @1N73RC3P7OR
      @1N73RC3P7OR 5 лет назад +1

      Nobody cares about that shithole.

  • @bethebest1866
    @bethebest1866 6 лет назад +20

    It's something I'm trying to be involved in, 😔.

    • @asd05593
      @asd05593 6 лет назад +3

      Bethebest 1 Me to !!!? any ideas of where to start

    • @EdwardOrnelas
      @EdwardOrnelas 6 лет назад +1

      Yep, Cryptocurrency. Look at Wanchain and Quarkchain

    • @M.G.R...
      @M.G.R... 6 лет назад +1

      Bethebest 1 me too

    • @matinhewing1
      @matinhewing1 6 лет назад

      You need at least a masters in math, stats or physics...

    • @raheel6469
      @raheel6469 5 лет назад

      I am also trying to be involved and following fintech stuff for a year but didn't get to a point where I can get benefit from fintech.

  • @Bhanuja-d7c
    @Bhanuja-d7c 16 дней назад

    Please Create a reel and video about Funngro.

  • @esonon5210
    @esonon5210 2 года назад +1

    It amazes me how there are still stores that only take cash for payments. It's weird and outdated.

    • @gvarun0403
      @gvarun0403 2 года назад

      Lol what

    • @nihadashraf1072
      @nihadashraf1072 2 года назад

      Huh What planet are u from. Actually its just few stores that dont accept cash!

    • @esonon5210
      @esonon5210 2 года назад

      @@nihadashraf1072 the planet where stores still only take cash

  • @thabangtukule999
    @thabangtukule999 5 лет назад +17

    More jobs for cyber security

  • @nikhilkv5607
    @nikhilkv5607 3 года назад

    Extremely irritating music! But an informative video

  • @lotusinfotech4580
    @lotusinfotech4580 4 года назад +1

    #UPI

  • @kunalkaushik250
    @kunalkaushik250 4 года назад

    Instacash is also in africa

  • @thaddeus1604
    @thaddeus1604 2 месяца назад

    Regulatory environment is going to be very harsh for fintech industry as time progresses. Infact if will be punitive and retrogressive in the coming decade.

  • @buyersguide-ECOM
    @buyersguide-ECOM 3 года назад +1

    Yeh topic mera hai!!!

  • @Stac.
    @Stac. 4 года назад

    And Philippines has a very easy GCash

  • @muhamadsyamirulmus8459
    @muhamadsyamirulmus8459 3 года назад

    Fintech is cool for current and future lifestyle. Melaka 5J

  • @muhammaddaudyusuf5182
    @muhammaddaudyusuf5182 6 лет назад +2

    now i am getting affraid being a wealth manager :(

    • @letyjay9715
      @letyjay9715 5 лет назад +5

      Daud Yusuf actually don’t be scared. Use that wealth manager experience as a stepping stone. Big players in fintech have experience in these actual jobs. Another thing is when you see the big company perspective, you will do so well in fintech start up because you will see exactly why they started their start ups, the pain points, the point of difference. Heck you could end up starting your own fintech company because you have noticed a niche you wanna focus on. Then when you start your own, you will already know the challenges, customer objections, average waiting it processing times. Crisis handling, promotions to target even something as simple as your work ethic behaviours, the daily to do lists no matter what coz your boss and ceo from big company you started in made a point you handed that report in and you did this and that. You might have not known why at the time but now that you have your own business you know why and you will make sure it’s done no matter what.

    • @jozigirl7114
      @jozigirl7114 4 года назад

      One day people will go back to keeping money under their mattresses as banks continue to screw them.

  • @shubhammaheshwari7139
    @shubhammaheshwari7139 4 года назад

    Tech must be used for ending Absolute poverty.