Fin&Tech Community report – December 8th 2017 – Part 2

Note: This is the 2nd article of the two parts report written by Nada Rafi on the Fin&Tech Community day organized by Finance Innovation the 8th of December 2017 in Palais Brongniart (Paris). Part 1 introduces the Fin&Tech community and zooms on the labeled startups. Part 2 (this article) come back on noteworthy information that came to her ear during the event.

#FTCommunity Day Noteworthy Information

What I’ve heard, see, learned, liked, disliked and want to share with you: Swave, a new Fintech incubator in Paris, the French Fintech Tour, the Green Blockchain Project and to conclude my event wrap-up.

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Rockchain and Future Direction of Finance

Let’s start with good news: Finance is getting on the move. Most actors, aware of the upcoming challenges, have started their transformation to face the ongoing digitalization of the sector or to endure the regulatory pressure. They have launched major programs to embrace agility, data citizenship and customer centricity while setting up new data architecture that will break organizational silos and support continuous improvement.

Now comes the bad news, those are just baby steps. Opening your business through APIs or developing the next platform-based market won’t make you a digital champion.

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