“We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” –Amara’s Law

Fintech has taken the financial services industry by storm. Many members of our organization and other industry professionals are somewhat concerned about how fintech will affect their employers and their own career prospects. The page was curated for members with the goal of bringing more clarity to this fundamental question and to understand both the short-run and long-run impacts this important topic will make.

Several themes that you’ll likely see repeated throughout these resources:

  1. Despite all the disruption talk, fintech has been most successful in regions and areas of the finance that are unserved or underserved by the financial services industry.
  2. Financial services industry leaders and technology innovators have begun to realize that the best way forward is collaboration.
  3. Amara’s Law is an accurate depiction of the fintech evolution today.


This section presents high-level content on fintech and its possible effect on financial services in particular and on business in general.

The Fintech World Is Looking East

(CFA Institute Career Resources)

The ABCs of Financial Technology

(CFA Institute Career Resources)

Truths and Myths about Fintech

(Enterprising Investor blog)

Fintech and the Future of Financial Services

(Hong Kong Economic Journal) (Simplified Chinese)

Fintech 2017: China, Asia, and Beyond

(CFA Institute Career Resources)

Robo Advice

Robo-advisers are online platforms that allow investors to receive relatively basic financial advice and purchase various investment products on the basis of that advice. The unique selling proposition of robo-advisers is the low fees they are able to charge by automating the financial advice process.

Peer-to-Peer Lending and Consumer Finance

Also known as fintech credit, peer-to-peer (P2P) lending is the best known of the new generation of retail credit providers disintermediating the traditional banking system. Other business models aiming to match lenders and savers include marketplace lending and crowdfunding.

Mobile Payments

Transactions involving electronic payment at points of service have become easier in recent years, particularly with the advent of smartphone-based near-field communication (NFC) payment technology. Materials in this section will keep track of further developments in mobile payments.


Regulatory technology is an interesting application of fintech that could help firms manage their monitoring, disclosure, reporting, and risk-management requirements more efficiently and effectively. Regtech may also allow regulators, investors, and other market participants greater visibility over businesses and market data.

Blockchain and Digital Currency

The technology underlying bitcoin—blockchain, also known as distributed-ledger technology (DLT)—has numerous applications in financial services and beyond. Although the use of blockchains for digital currencies has gained a large share of media attention, blockchain development is advancing across numerous other industries, even outside financial services.

Artificial Intelligence, Big Data, and Cloud Computing

The ABC of the future, artificial intelligence (AI) models, big-data techniques, and the cloud-computing services necessary to implement them have combined in a perfect storm in the past few years, driving the long-promised AI revolution forward. Financial services will not be exempt from this technology, with such applications as robo-advisers, credit scoring, and data cleaning already widespread in the industry.