There have been several recent developments in the European Union which for the most part confirm the trends I had observed in my 2017 Global Economic Outlook. Here I will provide a more detailed and updated analysis of the overall political and economic situation in the European Union.
In late January, I participated in an Oxford-style debate regarding whether healthcare is a commodity. The debate was the featured event at Tata Memorial Centre’s Platinum Jubilee Conference in Mumbai, India.
A packed auditorium of over a thousand attendees buzzed with excitement as Professor Antonio “Tito” Fojo (my opponent) and I walked on-stage. The conference theme, “HEALTHCARE: A Commodity or Basic Human Need?” put the spotlight on our contest. We were midway through the 3-day conference, and it was show-time.
I am sharing my new monograph, "Indian and Chinese Engagement in Latin America and the Caribbean: A Comparative Assessment."
Banks and FinTechs should "put down their swords," as Mary Wisniewski put it in a widely shared American Banker opinion piece, "There are no heroes or villains in the data-access debate."
Many banks and FinTechs are doing just that. Yet culture stands in the way as much as anything else—on both sides, as this week's links show.
FinTech is not just FinTech anymore
The article that most caught my attention this week came from Ron Shevlin, director of research at bank advisory Cornerstone Advisors. "FinTech—as a set of startups or a class of technology—is hardly failing," the bank snarketer (look it up) writes in debunking a startup founder's reasons that FinTech is failing.