LISTEN NOW: The FinTech Stack
Posted:
Author: Ignacio Mas
In this exclusive webinar, Ignacio Mas, co-founder and executive director of Digital Frontiers Institute (DFI), shared his Fintech Stack model, based on a briefing paper he wrote for the Catalyst Fund: Mapping the DFS Ecosystem with a FinTech Stack.
The notion of the “stack” is about decomposing what the collection of service elements and capabilities that need to come together to create compelling digital financial services is. The stack then becomes a framework through which you can analyse the strengths and weaknesses of individual countries and providers. The four main layers of the stack are digitising me, digitising my money, driving relevance and driving engagement, and it is a basis for thinking about the ecosystem as a whole. One provider will not excel at all layers of the FinTech stack, but it is a useful way for businesses to identify where their USP/expertise is and to identify other organisations who excel at other layers with whom they may wish to partner. Watch the webinar to learn more about this concept and identify how your organisation and country are doing within this ecosystem.
During the webinar, Ignacio mentions a book by Yuval Noah Harari about data and artificial intelligence – you can read it and find more about the author here.