According to CFA, a global community of more than 130,000 investment professionals, fintech has increasingly captured the attention of the financial services industry over the past several years, Larry Cao writes in a post.
To find out in which areas fintech will have the biggest impact on the financial service industry, they asked a pool of 333 respondents what aspect of fintech they believe has the potential to most transform the finance sector as we know it.
— Sebastien Meunier (@sbmeunier) October 23, 2016
While blockchain technology has risen to an all-time high, 22% are believers in robo-advisers. Compared to previuos survey from the CFA Institute conducted earlier in the year, these results suggest that blockchain technology has leapfrogged robo-advisers when it comes to the finance industry’s perception of its potential influence as an agent of change in the years ahead.
The third most-popular option in the CFA Institute Financial NewsBrief poll was mobile payment — propelled by dramatic successes in China and other parts of the world — with 19% of the vote. Survey respondents found P2P and crowdfunding to be less glamorous trades, earning 8% and 7%, respectively. Given the variety of scandals in China’s P2P space and Lending Club’s lackluster US performance, these results are not especially surprising.
(Via: CFA Institute Blog)