What is fintech? | CNBC Explains

It’s a multi-billion dollar industry that’s changing everything from how we make purchases to how we get loans. What is fintech all about? CNBC’s Elizabeth Schulze explains.
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[@upplabs3480]

As fintech experts, we can definitely say that this video is practical and insightful. Thanks!

[@Alice8000]

I'm an expert.

[@panashifzco3311]

Yes financial technology, presented in a crisp and informative manner....fintech has mammoth potential and is the reason why big players have invested in it..

[@ananthuanil8025]

Do those who completed bcom can study fintech?

[@Tradingpassion]

I am Learning a lot on CNBC. Thank you

Elizabeth presents well.

[@kwrer6087]

Cloud adoption in the financial service sector - a storm warning l.linklyhq.com/l/2HG #cloud #technology

[@brentonweeks3068]

NOVATTI (ASX: NOV) looks like it can be a billion dollar company

[@brentonweeks3068]

Novatti has agreements with Alipay, Marqeta, Tencent

[@Melraep29]

Me too!!! 😄

[@hueguy]

Thank you for the summary ! The best 4 mins of my day

[@saibhanu2732]

Thank you so much ma'am 🤩

[@zakhirrusjan5637]

Thank you very much for the information.

[@nickfleming3719]

Your writer just had to get that "rise of the robots, right?" alliteration in there

[@doshimihir1]

More details would be interesting.. like who are the major players, how do they control and drive the innovations market

[@Qfinesse21]

Bingo! Blockchain

[@IDontThinkSooo]

Bro mainstream media will always steer you wrong 😂😂

[@Blackboarddiscover]

Great bite size analysis

[@hirenhs1298]

Useful info tqsm🥰😇👍🏼🙏🏻🇮🇳

[@butterflydiary3314]

hi， Elizabeth， Thank you for your instruction . Now I not only understand the meaning of FINTECH but also improve my English listening and help me to improve my pronouciation .

[@shivanshu1970]

Still your pronunciation spelling is wrong. 😅😅😅😅

[@grandbaycentral5741]

CNBC is like CNN of finance. Provide a lot of info regarding to finance. Please keep me inform CNBC.

[@anuj4ky]

Very knowledgeable

[@iuriizinchenko4515]

Great channel!

[@giadinhotieu]

If I am working in an auditing firm, how to be involved in fintech trend? For example, learning what new skills? Thanks all.

[@Akhil2481]

Good overview of the growing fintech space. It’s technology, business models, monopoly, disrupters and mix of many many more interesting facets.

[@Vedrajrm]

Thank you

[@mehrakhamzeh8479]

Lovely story on Fintech lets chat more about use cases!

[@zahrotin1750]

Kenya's fintech is really cool and it's nice to see that happen there

[@stephanierandall1170]

FinTech is also growing in South Africa

[@nihadashraf1072]

Even in zambia. We have zoona

[@Vedrajrm]

Just love her Videos

[@onlinesaidasa9105]

Namaste Within Fintech there are various categories like Digital banking. Payment. Trading and cryptocurrency. Insurance. Deposit and lending. Capital raising.

[@MelindaSordinoIsLiterallyMe]

1:11 fun fact: Elizabeth is standing in front of Wirecard's expo booth.

[@jssandeep]

Madam very nice video. But legal aspects of fintech for the unserved will be nice to know. Is the Reserve bank and government amending policies to foster these digital innovations. How can they lend on interest rates higher than banks and financial institutions?

[@FrankNadarStudios]

She looks like Felicity Jones the actress from "Rogue One"

[@AnalystOfTheTruth]

So do fintech majors code these apps or what role do they play exactly?

[@JDLeeTV]

Amazing

[@adrianchalwe8143]

Am learning alot

[@sanjayghimire7695]

Your smile is uplifting ⭐

[@diwakarreddychalamakunta9697]

Fantastic....

[@fiduciya]

you should make a video on water sanitation in developing economies like India or Brazil ....

[@AutomataBank]

nice video 👍

[@jacksugden8190]

Never used Fin Tech so most informative to have watched this.

[@kritika.717]

No one gave me the the actual meaning of Fintech except this one.

[@justcallmenad3182]

Is it the same and Connected the Fintech Investment Launch 2021 with 2% daily for 100% days?

[@jonathandumay3247]

Fintech degree vs finance degree would be a good video. Especially cuz everybody is going back to school

[@un-karnish2967]

Get a finance degree and go into fintech if you want to. As simple as that.

[@un-karnish2967]

@Adjective The original comment was discussing about 2 degrees of finance. Mention of computer science degree wasn't there. Also, learning programming is easy compared to learning all the intricacies of the financial world, for many.

[@un-karnish2967]

@Adjective I have a master's degree in finance while most of my friends have a master's degree in computer science. They struggle to understand the most basic concepts of finance while I know a little bit about programming and stuff. I guess it depends on the particular area of fintech one is planning to get involved in and the kind of roles they are looking for.

[@Atipat12]

Cool article 😎 😎😎😎😎

[@tohkengleng9034]

Have you thought of phone breakdown? Just like hard disk is damaged and all the data is gone. Maybe I will pursue IT forensic course.

[@4138channel]

haha my mother went to that conference - apparently it was pretty neat

[@whatgaurav]

Read about UPI - Unified Payments Interface, launched in India. A model that can be useful across the globe

[@Unbeatable0007]

@Mero Wish its a peer to peer money transfer platform straight from ypur Bank account!

[@RemitTV]

Good features news cover

[@redsnflr]

It's all finTech if it's done on a computer, banks have been using computerized ledgers since the 50's, it's just that bank "tech" is now legacy (& often written in outdated programming languages if a long-running company and ledger).

[@supaflanka]

Yo the presenter looks like Felicity Jones from Rogue One

[@nabilashuhada6050]

melaka/6A very nice video. short and simple

[@victor40cube]

M-pesa is pioneered in Tanzania, then expanded to Kenya FYI guys

[@silvesterndaigiri9480]

Victor Sales No it's not my friend, M pesa is purely kenyan

[@mrp4071]

Research before making such a bold statement.

[@notadevstory]

Victor Sales pass the weed bro

[@maureenw7678]

Mmmscheeeww!

[@andaliamaureen]

LOOOOL please always research your statements before posting them somewhere public.

[@tshepo_thato]

Please do a video on peer to peer lending

[@billwentz7339]

Time to update this!

[@baiwenjing6215]

Can people without a bank account still use smartphone pay? 😳

[@miltontorres8529]

I stay hungry I ment she just nearly touch the waters I was expecting to go deep on details so it was more like a sight (got you) I need more info ...... thanx for the video

[@hmathenge25]

You cannot talk Fintech without talking about MPESA..🇰🇪

[@a2ashraf]

I heard Federal reserve is thinking of coming out with a crypto currency reserve coin. Not for trade in an exchange , thereby eliminating volatility .. is this true?

[@nooratirabintikila2458]

Thank you, such a nice info, noted. Melaka 5J

[@jamsheerjamshi92]

Thanks

[@franciscocevallos5084]

Fintech must be supported by Governments and Private enterprises in their efforts to get rid of poverty ,like they did in Africa

[@testing6753]

What makes you think they wanna get rid of poverty? lol

[@kethavathnaik8401]

What is SCO summit held in China?

[@AirElegant]

Let's see how reliable is this technology 💖

[@fintechontheblock]

Fintech is the future, the uses and capabilities are increasing every day!

[@praysuguitan779]

Truly digital technology is heading us towards the biblical mark of the Beast

[@runningthruhistory]

Yes!

[@stivenstivens]

This is interesting. Kenya has more e payment users than France.

[@sitinajihah7273]

Melaka/6A Fintech is definitely a good and convenient finance technology

[@informationtechnology4562]

China and India have the highest rate of fintech adoption in the world!!!

[@armadalabs1771]

Now, finding the right technology partnership is the key 🧑‍💻

[@IdeaSeedAfrica]

Most change will be coming out of Africa. I experience that myself here in Lagos and Accra every day. Be aware.

[@fabiancalderon6729]

Witnessed

[@anthony0397]

What do you mean? Can you explain?

[@AbdallahBotan]

Somalia is one of the first countries who implement FinTech.

[@mohanaryal677]

Cabdullaahi Bootaan because of their unmanaged and uncontrollable inflation

[@AbdallahBotan]

They use Fintech hater.

[@AbdallahBotan]

Who's pirates... is those big ships of west looting Somali fish or it's those Somali fisher men who's their nets were cuted, their boats sinked and in a self defence?!

[@vrc48]

I hope Somalia gets rid of their pirate problem and develop freely. All the best to Somalia

[@Ghostintheshell3551]

i use my pixel 6 pro to do all my banking , i have not gone into a brick and mortar bank in about 8 years

[@btvenglishnewsat10]

Helpful and informative for all.The Hidden Agenda of ‘Interest’ Versus ‘Profit’ Importance of Bank Banks are an essential component of the present day world-individuals as well as public and private institutions can hardly operate without the institution of banking.

[@MrSushant3]

Most of the fintechs today are based on pretty vulnerable technology stack & business models. So, we're yet to see some major cyberattacks on few of them until the investments drop.

[@aheeju]

Naver Line Pay, Kakao Pay

[@Antagonistock]

Hey CNBC, aren't you paying my darlin well enough? 1:51 she's still using an iPhone 6S

[@BitsEUismynamelilbish]

S is for seduction, youve been charged by her corruption And i is for impressing girls online with your investment And the m is for the money that you lost since this all started And that P is for the princess always gave her what she wanted

[@TheOriginalFrankMatthews]

@@BitsEUismynamelilbish ⚰️😂🪦

[@Jerjaiable]

WeChat, China, just model after that.

[@sohanpatchigolla2075]

Good

[@raheel6469]

I am trying to be involved in fintech sector and following fintech stuff for a year but didn't get to a point where i can form some idea to get benefit.

[@wordage8161]

em on fintech

[@wordage8161]

I can help you

[@bikoakoko3596]

Kenya to the world!

[@artursmakars9987]

Those zooms are hilarious

[@Mohamed-kd5rn]

I am becoming smarter by watching this videos

[@DavidXRae]

Fin tech End tech Final technology Moving to a fully digital currency is probably one of their biggest milestones

[@ADeeSHUPA]

ReALLY

[@ryanmckenna2047]

Elizabeth is very charming and charistmatic

[@mariatumalaikaconteh2640]

Wow

[@TheTeKuZa]

Is that sanction proof?

[@ExtranjeroyPeregrino.]

Elizabeth you look more elegant and attractive when you wear long dresses! She's already cute!😍

[@thenicestguy2748]

What a beta!

[@neitherhotnorflashy1677]

@@thenicestguy2748 you mean creepa!

[@loganmarquis7378]

Wow, another guy looking at a smart woman for her looks and not her talent

[@ExtranjeroyPeregrino.]

@@loganmarquis7378 for sure this is the extra ... but more importantly that i forgot to remark is that, she will be perfect if she fears GOD! thats something that i dont expect you to understand.

[@loganmarquis7378]

Jorgiño Luis I grew up in the church for 18 years, I know what you mean. I am by no means saying what she should wear but she doesn’t need anyone’s acceptance or validation to wear what she wants. Long or short dress, we should focus on her mind that allows her to do this job so well.

[@ralphgertis7614]

using xrapid??

[@xomifred]

Nothing will ever beat M-Pesa. Nothing.

[@zolajia7123]

affordable and accessible

[@fransfrans5228]

Alipay and wechat pay :)

[@DanielNyong]

Frans Frans mpesa doesn’t need wifi. African payment technology is very efficient. It’s all done by your mobile provider.

[@bethebest1866]

It's something I'm trying to be involved in, 😔.

[@asd05593]

Bethebest 1 Me to !!!? any ideas of where to start

[@EdwardOrnelas]

Yep, Cryptocurrency. Look at Wanchain and Quarkchain

[@M.G.R...]

Bethebest 1 me too

[@matinhewing1]

You need at least a masters in math, stats or physics...

[@raheel6469]

I am also trying to be involved and following fintech stuff for a year but didn't get to a point where I can get benefit from fintech.

[@destroya3303]

Whats up CNBC prestitues?

[@jayleenrowe8337]

i am from Denmark, i need help trading forex or bitcoin

[@andersmogensen2785]

Michelle Robert helped me

[@meganwalko3477]

@@andersmogensen2785 i have heard alot about this woman

[@jayleenrowe8337]

@@andersmogensen2785 when is the best time to reach out to this woman, i need more information pls

[@izcanordaz2766]

Bots

[@maahir3039]

Somalia uses systems like this since 2008 called ZAAD service or EVC PLUS OR SAHAL services. you should have mention it.

[@1N73RC3P7OR]

Nobody cares about that shithole.

[@nhantiger4726]

Fintech change the world

[@esonon5210]

It amazes me how there are still stores that only take cash for payments. It's weird and outdated.

[@gvarun0403]

Lol what

[@nihadashraf1072]

Huh What planet are u from. Actually its just few stores that dont accept cash!

[@esonon5210]

@@nihadashraf1072 the planet where stores still only take cash

[@bartholisa1943]

I like the way Fintech is growing in all business. Trading futures and derivatives can now be easy with INJECTIVE PROTOCOL

[@kindcolt2747]

You dont realize that chinese citizens are getting chips instead of their phones. If you are aware of anything about the truth of this world that is the mark of the beast.

[@buyersguide-ECOM]

Yeh topic mera hai!!!

[@nikhilkv5607]

Extremely irritating music! But an informative video

[@satyamgopal3659]

Just curious where she is walking ?

[@lotusinfotech4580]

#UPI

[@sravanvlogs1377]

Context good for economy Paytm is famous in india

[@r_m5545]

Yup

[@thaddeus1604]

Regulatory environment is going to be very harsh for fintech industry as time progresses. Infact if will be punitive and retrogressive in the coming decade.

[@CHMichael]

So it's just a new word. Are ATMs fintech? I thought it was a company.

[@EdwardOrnelas]

cough* Cryptocurrency Cough*

[@EdwardOrnelas]

Veloz thank you

[@kcking23]

Xrp

[@kenobihimura]

FTFT

[@muhammaddaudyusuf5182]

now i am getting affraid being a wealth manager :(

[@letyjay9715]

Daud Yusuf actually don’t be scared. Use that wealth manager experience as a stepping stone. Big players in fintech have experience in these actual jobs. Another thing is when you see the big company perspective, you will do so well in fintech start up because you will see exactly why they started their start ups, the pain points, the point of difference. Heck you could end up starting your own fintech company because you have noticed a niche you wanna focus on. Then when you start your own, you will already know the challenges, customer objections, average waiting it processing times. Crisis handling, promotions to target even something as simple as your work ethic behaviours, the daily to do lists no matter what coz your boss and ceo from big company you started in made a point you handed that report in and you did this and that. You might have not known why at the time but now that you have your own business you know why and you will make sure it’s done no matter what.

[@jozigirl7114]

One day people will go back to keeping money under their mattresses as banks continue to screw them.

[@thabangtukule999]

More jobs for cyber security

[@Unbeatable0007]

Correct

[@kunalkaushik250]

Instacash is also in africa

[@jasongood5499]

What if I don't have a cellphone? Lol