It's a bit of a cheap headline, I'll admit, but I've been reading about the so-called populism that the current U.S. president has tapped into and wondered what it has to do with financial technology. FinTech has been styled as a way to empower people, and that's basically where populism started.
"Populism" in the most generic sense refers to a concern for the common people. It also carries the charge of dissing establishment types, whether they are politicians, intellectuals, media types—maybe even banks.
So far, President Trump has demonstrated that he will try to make good on his campaign promises, though the process may be anything but pretty. We cannot recall a president who started out “fighting” on so many fronts: still confirming most of his cabinet, nominating a Supreme Court Justice and multiple sweeping executive orders on domestic and international matters. Until the rollout of corporate and other tax proposals, which at this rate may come sooner than expected, the economic focus should be on Trump’s trade policy.
I am sharing an article on the topic of Taiwan-PRC diplomatic competition in Central America.
The article examines the recent visit by Taiwan's president Tsai Ing-wen to Central America, in the context of the possible breakdown of the informal "diplomatic truce" which has prevailed between Taiwan and mainland China since 2008.
This work is available from the ejourunal "Global Taiwan Brief," and the full text can be found below as well.
Thought leaders continue to point to trends that banks and FinTech insiders need to pay attention to, ranging from the use of big data to FinTech firms like Stash and Betterment, which are reshaping wealth management. Faster payments, mobile payments, and blockchain systems will accelerate their development this year.
Fed issues report on faster payments initiative
Co-authored with Richard A. Kimball, Jr.
Professional football has long since surpassed baseball as America’s most popular sport. The NFL’s Super Bowl is a national party. Super Bowls represent 19 of America’s 20 most-watched TV broadcasts.
115 million people tuned in for 2015’s thrilling New England Patriots-Seattle Seahawks contest. By contrast, only 40 million watch the historic deciding game of last year’s World Series when the hapless Chicago Cubs defeated the Cleveland Indians for their first championship since 1908 (any team can have a bad century).