Digital Innovations for Banking and Finance
Scotland’s FinTech sector grows from strength to strength, and our guide is intended to contribute through sharing insights on future trends for the sector that entrepreneurs can address.
Open Banking headlines the industry opportunity, setting the standards for integrated inter-operation between banks and FinTech applications, and paving the way for a new era of banking: “Embedded Finance”.
As Wired writes, 2022 will be the year that any organisation can become a financial services company. Citing examples including Uber, Tesla and Klarna they describe key scenarios where non-financial organizations are embedding banking into their digital services via mobile “Super Apps”.
With the ongoing explosion of cryptocurrency adoption Scotland is presented with a myriad of niche opportunities where local FinTech ventures can develop propositions with global scale potential.
FinTech Futures - Innovation Roadmap for Scotland's #FinTech sector. From Crypto to Open and Embedded Banking, Scotland's opportunities are limitless.