We are feeling nostalgic today, so here is a blast from the past! What you see below are some infographics from 2015, 2016 and 2017 that were shared a gazillion times on social media, email as well as numerous websites – sometimes without even any references (we learned to brand our infographics with the MEDICI logo, watermark, etc. later on). The data points below haven’t been updated and the infographics have been shown as is. Also, MEDICI was formerly known as ‘Let’s Talk Payments (LTP),’ so you will see that name a lot below.
1. When this blockchain infographic was all over the internet… (And even the next one!)
Published in September 2015
“Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole.” – Bob Greifeld, Chief Executive of NASDAQ
Everyone is talking about blockchain, the new technology in the FinTech Industry. The concept of blockchain has energized the financial services industry globally. The concept has already disrupted the financial industry. LTP brings to you the overview, technology, application areas, and use cases of blockchain.
When we published the industry’s first infographic/report on the various non-financial use cases of blockchain, the response for it was unprecedented – thousands of page views, thousands of social media shares, and numerous queries. Thanks for such an overwhelming response! This is our third update to provide a comprehensive picture of the various applications that are being explored with blockchain.
2. When one of our customers asked us to gaze into a crystal ball… The question: “What is the future of banking?”
Published in July 2016
And we said… A modular construction housing array of #FinTechstartups each serving a specific #bankingneed.
3. When APIs were not a big thing – and we had seen their impact on FinTech already…
Published in May 2016
I am back to writing about one of my favorite topics – APIs. In 2013 and 2014, I wrote some of the very early pieces on how APIs are being used to build next-generation products and allowing developers to reduce the time to market. I also talked about how banks will take a very long time to open up their APIs. Open APIs would allow third-party developers to create helpful services and tools that customers can utilize. Some banks have started this journey and we will discuss that in our upcoming reports and other announcements.
4. When we visually demonstrated the growth of Hong Kong’s FinTech ecosystem…
Published in February 2017
Hong Kong has the highest rate of FinTech use (Source: Four themes driving FinTech adoption by consumers, EY, Feb. 2017) of all markets surveyed (29.1%), followed by the United States (16.5%), Singapore (14.7%), the United Kingdom (14.3%), Australia (13%), and Canada (8.2%). As for the access to capital for FinTech, D’Haussy noted that the top 10 investments in the APAC FinTech ventures occurred in China and Hong Kong, accounting for 90% of overall APAC investments and valued at $8.75 billion, while the APAC region has eclipsed Europe, which attracted $1.85 billion in the same period.
**Sources: **Betatron, InvestHK, The World Bank, The GFHF, Long Finance, WEF, IMD, Priori Data, Akamai, GII, Doing Business, Startup HK, Freiser Institute, Heritage Foundation, UN Conference of Trade and Development