{"id":16669,"date":"2022-05-20T07:53:40","date_gmt":"2022-05-20T07:53:40","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16669"},"modified":"2022-05-20T07:53:40","modified_gmt":"2022-05-20T07:53:40","slug":"is-a-fintech-crash-looming","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/is-a-fintech-crash-looming\/","title":{"rendered":"Is a Fintech Crash Looming?"},"content":{"rendered":"<p>Recent events are giving cause for fintechs to worry. In particular, there are concerns regarding investment cooldowns, large-scale layoffs and plummeting stock value following the very public implosion of the one-click checkout solution Fast. Now, many experts are predicting that the fintech industry is about to undergo a market correction, which will entail a massive cleansing of startups that are only operating due to investor optimism, hype, good intentions and over-heated markets. At the same time, it is not all doom and gloom for fintechs as those fintechs with good products and services and sound business principles will be able to focus on building for customers and overall profitability as opposed to building for what they think will attract investments<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16669 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='The 2018 Global Fraud and Identity Report'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-2018-global-fraud-and-identity-report\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/the-2018-global-fraud-and-identity-report-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11526\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11526'>\n\t\t\t\tThe 2018 Global Fraud and Identity Report\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Russian MIR national system to be included in Armenia\u2019s register of payment systems'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/russian-mir-national-system-to-be-included-in-armenias-register-of-payment-systems\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Russian-MIR-national-system-to-be-included-in-Armenia\u2019s-register-of-payment-systems-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6851\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Russian-MIR-national-system-to-be-included-in-Armenia\u2019s-register-of-payment-systems-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Russian-MIR-national-system-to-be-included-in-Armenia\u2019s-register-of-payment-systems-100x100.jpg 100w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6851'>\n\t\t\t\tRussian MIR national system to be included in Armenia\u2019s register of payment systems\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Open API program to push Kazakhstan toward universal internet banking'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/open-api-program-to-push-kazakhstan-toward-universal-internet-banking\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/open-api-program-to-push-kazakhstan-toward-universal-internet-banking-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12840\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12840'>\n\t\t\t\tOpen API program to push Kazakhstan toward universal internet banking\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Recent events are giving cause for fintechs to worry. In particular, there are concerns regarding investment cooldowns, large-scale layoffs and plummeting stock value following the very public implosion of the one-click checkout solution Fast. Now, many experts are predicting that the fintech industry is about to undergo a market correction, which will entail a massive &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16670,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16669"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16669"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16669\/revisions"}],"predecessor-version":[{"id":16672,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16669\/revisions\/16672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16670"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}