FinTech is undergoing rapid change and as it does, the intensity of disruption is growing. In this episode of Research in Action, Ian McDonald, a research analyst who covers the industry, joins Director of Research Matt Peron in a discussion about FinTech’s evolution and what it could mean for the future of financial services.

Key Takeaways:

• FinTech as an industry is evolving quickly, with dramatic consequences for the distribution of financial services.
• Initially, this change was marked by the shift from analog to digital (e.g., the bank branch becomes an app). But now, disruption has become more systemic, with new non-bank players threatening to displace incumbents.
• In this dynamic environment, investors should consider a new framework for valuing financial services companies – one in which payments and software merge – and be prepared for even more disruption and potential growth opportunities in the coming years.