FinTech Events in Chicago
Last week, I had the opportunity to attend the Digital Innovations and Challenges in FinTech & Financial Services event in Chicago.It was a great event that confirmed again that Financial Services and banking are no longer numbers and analytics businesses. They are IT, software development and cybersecurity businesses. In this industry, secure and user-friendly Software becomes the differentiator. There has been some communication on security and privacy, however, it is more clear that more regulations will come to those topics. AI (Machine Learning) projects are still new to the industry, but it has a large potential with many historical data in Banking databases.There are still many questions for the near future:If Banks will acquire FinTech Startups or will purchase software solutions for them? Will startup replace Banks?