SP1 0.00% $1.07 southern cross payments ltd

just back from a Fintech meeting in HK with a group of Asian Fin...

  1. 658 Posts.
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    just back from a Fintech meeting in HK with a group of Asian Fin tech professionals. Great to see that the number 1 issue that needs to be tackled for FinTech related business globally, and especially in Asia, is Reg Tech and the ability to onboard clients online from global locations and seamlessly integrate on boarding KYC/AML.

    This needs to be approved in accordance with local regulatory requirements, and FINALLY companies realise that without this, any efforts to gain market share is wasted effort and capital.

    While it has been obvious to some for over a year, it seems that organisational heads are ready now to accept actual need to look beyond localized capabilities, to more global issues,

    I would not be investing in FinTech at the moment as the chance of success is limited. Those that gain market share and acceptance from regulators globally will be the winners.

    I sleep well and look forward to success this year and beyond with ISX!!
 
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