What is fintech? | CNBC Explains

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  • เผยแพร่เมื่อ 6 มิ.ย. 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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ความคิดเห็น • 270

  • @upplabs3480
    @upplabs3480 3 ปีที่แล้ว +51

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

    • @Alice8000
      @Alice8000 ปีที่แล้ว +1

      I'm an expert.

  • @panashifzco3311
    @panashifzco3311 ปีที่แล้ว +16

    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 ปีที่แล้ว +2

      Do those who completed bcom can study fintech?

  • @hueguy
    @hueguy 3 ปีที่แล้ว +9

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

  • @Tradingpassion
    @Tradingpassion 6 ปีที่แล้ว +273

    I am Learning a lot on CNBC. Thank you

    •  4 ปีที่แล้ว +1

      Elizabeth presents well.

    • @kwrer6087
      @kwrer6087 4 ปีที่แล้ว

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

    • @brentonweeks3068
      @brentonweeks3068 3 ปีที่แล้ว +1

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

    • @brentonweeks3068
      @brentonweeks3068 3 ปีที่แล้ว

      Novatti has agreements with Alipay, Marqeta, Tencent

    • @Melraep29
      @Melraep29 ปีที่แล้ว

      Me too!!! 😄

  • @saibhanu2732
    @saibhanu2732 5 ปีที่แล้ว +5

    Thank you so much ma'am 🤩

  • @Blackboarddiscover
    @Blackboarddiscover 5 ปีที่แล้ว +3

    Great bite size analysis

  • @nickfleming3719
    @nickfleming3719 4 ปีที่แล้ว +22

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

  • @zakhirrusjan5637
    @zakhirrusjan5637 3 ปีที่แล้ว +1

    Thank you very much for the information.

  • @grandbaycentral5741
    @grandbaycentral5741 3 ปีที่แล้ว +1

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

  • @doshimihir1
    @doshimihir1 6 ปีที่แล้ว +131

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

    • @Qfinesse21
      @Qfinesse21 3 ปีที่แล้ว +3

      Bingo! Blockchain

    • @IDontThinkSooo
      @IDontThinkSooo 2 ปีที่แล้ว +1

      Bro mainstream media will always steer you wrong 😂😂

  • @iuriizinchenko4515
    @iuriizinchenko4515 5 ปีที่แล้ว +1

    Great channel!

  • @butterflydiary3314
    @butterflydiary3314 4 ปีที่แล้ว +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 ปีที่แล้ว +1

      Still your pronunciation spelling is wrong. 😅😅😅😅

  • @Akhil2481
    @Akhil2481 6 ปีที่แล้ว +5

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

  • @anuj4ky
    @anuj4ky 5 ปีที่แล้ว +1

    Very knowledgeable

  • @zahrotin1750
    @zahrotin1750 3 ปีที่แล้ว +6

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

  • @jacksugden8190
    @jacksugden8190 4 ปีที่แล้ว +1

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

  • @hirenhs1298
    @hirenhs1298 3 ปีที่แล้ว +1

    Useful info tqsm🥰😇👍🏼🙏🏻🇮🇳

  • @giadinhotieu
    @giadinhotieu 5 ปีที่แล้ว +1

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

  • @mehrakhamzeh8479
    @mehrakhamzeh8479 ปีที่แล้ว +1

    Lovely story on Fintech lets chat more about use cases!

  • @sanjayghimire7695
    @sanjayghimire7695 2 ปีที่แล้ว

    Your smile is uplifting ⭐

  • @kritika.717
    @kritika.717 2 ปีที่แล้ว +4

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

  • @FrankNadarStudios
    @FrankNadarStudios 4 ปีที่แล้ว +8

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

  • @MelindaSordinoIsLiterallyMe
    @MelindaSordinoIsLiterallyMe 3 ปีที่แล้ว +2

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

  • @onlinesaidasa9105
    @onlinesaidasa9105 ปีที่แล้ว +3

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

  • @Vedrajrm
    @Vedrajrm 4 ปีที่แล้ว

    Just love her
    Videos

  • @jonathandumay3247
    @jonathandumay3247 4 ปีที่แล้ว +6

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

    • @un-karnish2967
      @un-karnish2967 3 ปีที่แล้ว +3

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

    • @un-karnish2967
      @un-karnish2967 3 ปีที่แล้ว

      @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 ปีที่แล้ว +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.

  • @fiduciya
    @fiduciya 6 ปีที่แล้ว +3

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

  • @hmathenge25
    @hmathenge25 3 ปีที่แล้ว +7

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

  • @Vedrajrm
    @Vedrajrm 6 ปีที่แล้ว

    Thank you

  • @jssandeep
    @jssandeep 4 ปีที่แล้ว +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?

  • @supaflanka
    @supaflanka 6 ปีที่แล้ว +14

    Yo the presenter looks like Felicity Jones from Rogue One

  • @adrianchalwe8143
    @adrianchalwe8143 3 ปีที่แล้ว

    Am learning alot

  • @justcallmenad3182
    @justcallmenad3182 2 ปีที่แล้ว

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

  • @AutomataBank
    @AutomataBank 4 ปีที่แล้ว +1

    nice video 👍

  • @informationtechnology4562
    @informationtechnology4562 3 ปีที่แล้ว +4

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

  • @AnalystOfTheTruth
    @AnalystOfTheTruth ปีที่แล้ว +1

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

  • @billwentz7339
    @billwentz7339 8 หลายเดือนก่อน

    Time to update this!

  • @4138channel
    @4138channel 3 ปีที่แล้ว +1

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

  • @diwakarreddychalamakunta9697
    @diwakarreddychalamakunta9697 3 ปีที่แล้ว

    Fantastic....

  • @Atipat12
    @Atipat12 6 ปีที่แล้ว

    Cool article 😎 😎😎😎😎

  • @franciscocevallos5084
    @franciscocevallos5084 5 ปีที่แล้ว +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 8 หลายเดือนก่อน +1

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

  • @AirElegant
    @AirElegant 6 ปีที่แล้ว +6

    Let's see how reliable is this technology 💖

  • @miltontorres8529
    @miltontorres8529 4 ปีที่แล้ว +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

  • @tohkengleng9034
    @tohkengleng9034 2 ปีที่แล้ว

    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.

  • @victor40cube
    @victor40cube 6 ปีที่แล้ว +23

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

    • @silvesterndaigiri9480
      @silvesterndaigiri9480 6 ปีที่แล้ว +8

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

    • @mrp4071
      @mrp4071 6 ปีที่แล้ว

      Research before making such a bold statement.

    • @notadevstory
      @notadevstory 6 ปีที่แล้ว +2

      Victor Sales pass the weed bro

    • @maureenw7678
      @maureenw7678 5 ปีที่แล้ว

      Mmmscheeeww!

    • @andaliamaureen
      @andaliamaureen 4 ปีที่แล้ว

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

  • @tshepo_thato
    @tshepo_thato 5 ปีที่แล้ว +2

    Please do a video on peer to peer lending

  • @redsnflr
    @redsnflr 9 หลายเดือนก่อน +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).

  • @baiwenjing6215
    @baiwenjing6215 4 ปีที่แล้ว +4

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

  • @fintechontheblock
    @fintechontheblock 2 ปีที่แล้ว +1

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

  • @sitinajihah7273
    @sitinajihah7273 3 ปีที่แล้ว +1

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

  • @stivenstivens
    @stivenstivens 2 ปีที่แล้ว +1

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

  • @JDLeeTV
    @JDLeeTV 3 ปีที่แล้ว

    Amazing

  • @a2ashraf
    @a2ashraf 6 ปีที่แล้ว

    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?

  • @praysuguitan779
    @praysuguitan779 4 ปีที่แล้ว +15

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

  • @bikoakoko3596
    @bikoakoko3596 4 ปีที่แล้ว

    Kenya to the world!

  • @nabilashuhada6050
    @nabilashuhada6050 3 ปีที่แล้ว

    melaka/6A
    very nice video. short and simple

  • @jamsheerjamshi92
    @jamsheerjamshi92 3 หลายเดือนก่อน

    Thanks

  • @whatgaurav
    @whatgaurav 5 ปีที่แล้ว +18

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

    • @Unbeatable0007
      @Unbeatable0007 3 ปีที่แล้ว

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

  • @aheeju
    @aheeju 5 ปีที่แล้ว +3

    Naver Line Pay, Kakao Pay

  • @MrSushant3
    @MrSushant3 6 ปีที่แล้ว +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.

  • @kethavathnaik8401
    @kethavathnaik8401 6 ปีที่แล้ว

    What is SCO summit held in China?

  • @RemitTV
    @RemitTV 4 ปีที่แล้ว

    Good features news cover

  • @nooratirabintikila2458
    @nooratirabintikila2458 3 ปีที่แล้ว +1

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

  • @Jerjaiable
    @Jerjaiable 6 ปีที่แล้ว +7

    WeChat, China, just model after that.

  • @AbdallahBotan
    @AbdallahBotan 6 ปีที่แล้ว +9

    Somalia is one of the first countries who implement FinTech.

    • @mohanaryal677
      @mohanaryal677 6 ปีที่แล้ว

      Cabdullaahi Bootaan because of their unmanaged and uncontrollable inflation

    • @AbdallahBotan
      @AbdallahBotan 6 ปีที่แล้ว +1

      They use Fintech hater.

    • @AbdallahBotan
      @AbdallahBotan 6 ปีที่แล้ว +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 ปีที่แล้ว +3

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

  • @raheel6469
    @raheel6469 5 ปีที่แล้ว

    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.

  • @armadalabs1771
    @armadalabs1771 4 ปีที่แล้ว +2

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

  • @Mohamed-kd5rn
    @Mohamed-kd5rn 6 ปีที่แล้ว +1

    I am becoming smarter by watching this videos

  • @Antagonistock
    @Antagonistock 6 ปีที่แล้ว +39

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

    • @BitsEUismynamelilbish
      @BitsEUismynamelilbish 3 ปีที่แล้ว +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 ปีที่แล้ว +1

      @@BitsEUismynamelilbish ⚰️😂🪦

  • @DavidXRae
    @DavidXRae 3 ปีที่แล้ว +7

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

  • @Ghostintheshell3551
    @Ghostintheshell3551 2 ปีที่แล้ว

    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

  • @artursmakars9987
    @artursmakars9987 5 ปีที่แล้ว

    Those zooms are hilarious

  • @IdeaSeedAfrica
    @IdeaSeedAfrica 5 ปีที่แล้ว +9

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

  • @xomifred
    @xomifred 6 ปีที่แล้ว +19

    Nothing will ever beat M-Pesa. Nothing.

    • @zolajia7123
      @zolajia7123 6 ปีที่แล้ว +2

      affordable and accessible

    • @fransfrans5228
      @fransfrans5228 4 ปีที่แล้ว

      Alipay and wechat pay :)

    • @DanielNyong
      @DanielNyong 4 ปีที่แล้ว +2

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

  • @ryanmckenna2047
    @ryanmckenna2047 ปีที่แล้ว

    Elizabeth is very charming and charistmatic

  • @sohanpatchigolla2075
    @sohanpatchigolla2075 4 ปีที่แล้ว

    Good

  • @ralphgertis7614
    @ralphgertis7614 6 ปีที่แล้ว +1

    using xrapid??

  • @buyersguide-ECOM
    @buyersguide-ECOM 3 ปีที่แล้ว +1

    Yeh topic mera hai!!!

  • @TheTeKuZa
    @TheTeKuZa 5 ปีที่แล้ว

    Is that sanction proof?

  • @ExtranjeroyPeregrino.
    @ExtranjeroyPeregrino. 4 ปีที่แล้ว +25

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

    • @thenicestguy2748
      @thenicestguy2748 4 ปีที่แล้ว +11

      What a beta!

    • @neitherhotnorflashy1677
      @neitherhotnorflashy1677 4 ปีที่แล้ว +5

      @@thenicestguy2748 you mean creepa!

    • @loganmarquis7378
      @loganmarquis7378 4 ปีที่แล้ว +6

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

    • @ExtranjeroyPeregrino.
      @ExtranjeroyPeregrino. 4 ปีที่แล้ว +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 ปีที่แล้ว +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.

  • @destroya3303
    @destroya3303 4 ปีที่แล้ว

    Whats up CNBC prestitues?

  • @esonon5210
    @esonon5210 2 ปีที่แล้ว +1

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

    • @gvarun0403
      @gvarun0403 2 ปีที่แล้ว

      Lol what

    • @nihadashraf1072
      @nihadashraf1072 ปีที่แล้ว

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

    • @esonon5210
      @esonon5210 ปีที่แล้ว

      @@nihadashraf1072 the planet where stores still only take cash

  • @nhantiger4726
    @nhantiger4726 ปีที่แล้ว

    Fintech change the world

  • @nikhilkv5607
    @nikhilkv5607 3 ปีที่แล้ว

    Extremely irritating music! But an informative video

  • @btvenglishnewsat10
    @btvenglishnewsat10 3 ปีที่แล้ว +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.

  • @bartholisa1943
    @bartholisa1943 3 ปีที่แล้ว +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 ปีที่แล้ว

      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.

  • @bethebest1866
    @bethebest1866 6 ปีที่แล้ว +20

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

    • @asd05593
      @asd05593 6 ปีที่แล้ว +3

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

    • @EdwardOrnelas
      @EdwardOrnelas 6 ปีที่แล้ว +1

      Yep, Cryptocurrency. Look at Wanchain and Quarkchain

    • @M.G.R...
      @M.G.R... 6 ปีที่แล้ว +1

      Bethebest 1 me too

    • @matinhewing1
      @matinhewing1 6 ปีที่แล้ว

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

    • @raheel6469
      @raheel6469 5 ปีที่แล้ว

      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.

  • @sravanvlogs1377
    @sravanvlogs1377 6 ปีที่แล้ว +11

    Context good for economy
    Paytm is famous in india

    • @r_m5545
      @r_m5545 4 ปีที่แล้ว

      Yup

  • @satyamgopal3659
    @satyamgopal3659 3 ปีที่แล้ว

    Just curious where she is walking ?

  • @thaddeus1604
    @thaddeus1604 หลายเดือนก่อน

    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.

  • @muhammaddaudyusuf5182
    @muhammaddaudyusuf5182 5 ปีที่แล้ว +2

    now i am getting affraid being a wealth manager :(

    • @letyjay9715
      @letyjay9715 5 ปีที่แล้ว +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 ปีที่แล้ว

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

  • @CHMichael
    @CHMichael 2 ปีที่แล้ว +1

    So it's just a new word. Are ATMs fintech? I thought it was a company.

  • @jayleenrowe8337
    @jayleenrowe8337 4 ปีที่แล้ว +27

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

    • @andersmogensen2785
      @andersmogensen2785 4 ปีที่แล้ว

      Michelle Robert helped me

    • @meganwalko3477
      @meganwalko3477 4 ปีที่แล้ว

      @@andersmogensen2785 i have heard alot about this woman

    • @jayleenrowe8337
      @jayleenrowe8337 4 ปีที่แล้ว

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

    • @izcanordaz2766
      @izcanordaz2766 4 ปีที่แล้ว

      Bots

  • @lotusinfotech4580
    @lotusinfotech4580 4 ปีที่แล้ว +1

    #UPI

  • @mariatumalaikaconteh2640
    @mariatumalaikaconteh2640 2 ปีที่แล้ว

    Wow

  • @shubhammaheshwari7139
    @shubhammaheshwari7139 3 ปีที่แล้ว

    Tech must be used for ending Absolute poverty.

  • @kunalkaushik250
    @kunalkaushik250 4 ปีที่แล้ว

    Instacash is also in africa

  • @maahir3039
    @maahir3039 5 ปีที่แล้ว +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 ปีที่แล้ว +1

      Nobody cares about that shithole.

  • @thabangtukule999
    @thabangtukule999 5 ปีที่แล้ว +17

    More jobs for cyber security

  • @muhamadsyamirulmus8459
    @muhamadsyamirulmus8459 3 ปีที่แล้ว

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