6JULY 2020Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerAlbert RozarioSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comRichard Watsonrichard@cfotechoutlook.comEditor's NoteContact Us:Phone:510-556-2280 Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com JULY - 15 - 2020, Vol - 06, Issue - 08 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberJoy ParkerCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffIn all the different lists of the most lucrative and profitable sectors for investments in the post-pandemic era, one name that frequently props up is finance. Simply put, monetary transactions are something that customers would need irrespective of what the economic condition is, and as the sector has made itself recession-proof and in turn investment friendly, it continues to become an inevitable part of the economy with the involvement of next-gen technologies in its offerings and the customer experience it offers as the benefits of fintech.If the recent financial reports across the globe are anything to go by, Asia is driving the fintech revolution worldwide. Over the course of the past two years, fintech financing in the region has more than doubled from $5.2 billion to $11.2 billion, and subsequently contributed nearly 43 percent of the $23.2 billion in global fintech investment. Six of the seven largest fintech companies happen to be from Asia, and the most prominent hubs that include Singapore, India, and the People's Republic of China (PRC)--are becoming centers of global fintech innovation and adoption. Some strides in the recent past by several governments in the region have exhibited their commitment to the fintech sector by supporting fintech investors and innovators in advanced mobile payment technology, alternative lending, and AI-driven solutions. As a reverberation of these developments, Asia-Pacific is lucidly becoming a hotbed of fintech. Most importantly, however, as the whole world shifts towards a new reality, there will be an abundance of post-pandemic opportunities for businesses, and in the wake of these opportunities, there will be an emergence of small fintech companies driving innovation, and also acting as a catalyst to offer better products and services to the customers. If used wisely, fintech could actually provide the momentum needed to get finance and the real economy to work efficiently to catalyze sustainable development.We hope this edition will provide you with assistance in choosing the best-in-class fintech solution providers to cater to your requirements. Let us know your thoughts!Augmenting the Future of Financial Services
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