… This progress across the sector has now been halted by the emergence of the COVID-19 pandemic. of companies in the first quarter of 2020. The fintech industry has long been dominated by male founders. This report is produced by Deloitte in partnership with the INCLUSION Fintech Conference. More than half of North American financial institutions that responded to a recent global survey conducted by Deloitte expect to increase their spending on cloud technology over the next year.. As many people know, traditional finance has … SHANGHAI--(BUSINESS WIRE)--Deloitte launched <"The Next Wave" Emerging Digital Life in South and Southeast Asia > Report today at the INCLUSION Fintech … Assembled at the event are the leading enterprises, experts and scholars of the financial and technology communities, to discuss global cooperation and innovations in the fields of finance, economy, commerce and environment. Despite some progress in the fintech industry in terms of gender equality, the vast majority of fintech founders are men, with women making up just 7% of the total pool. Middle East banking customers’ perceptions of fintech solutions:features, Source: Deloitte survey March 2020 Among the main drivers, these customers said they believed fintech solutions could effectively support their needs (61%), provide personalized services (53%), and offer a quicker and smoother customer experience (40%). Deloitte has released a new report entitled “Achieving gender equity in the fintech community”, working on enlisting key stakeholders to drive change. getty. World FinTech Report 2020 5 5 Act now, act together, act at scale: Structure is essential for bank/FinTech partnerships to work. … A report published by Deloitte highlights the Fintech industry and the disparity in gender when it comes to founders. Despite obvious synergies between banks and FinTechs, the disappointing reality is that most partnerships have not paid off. Landbay, one of the UK’s leading buy-to-let lenders, has achieved 5,520% growth in revenue from 2016 to 2020, lending over £0.6bn during that period. This massive growth has landed Landbay at number six in the Deloitte UK Fast 50. The Deloitte & CII’s Vision 2020 report stated that in the past 3 years, Fintech startups working on Blockchain have attracted venture capital funding of over $1.4 Bn. SHANGHAI–(BUSINESS WIRE)–Deloitte launched "The Next Wave" Emerging Digital Life in South and Southeast Asia > Report today at the INCLUSION Fintech Conference, organized by Ant Group and Alipay to foster a global dialogue on building a more inclusive, green, and sustainable world through digital technology.Through an extensive survey conducted … Gender equity in fintech is still a ways off, Deloitte report finds. Almost 42% of all respondents of the Deloitte US Center for Financial Services survey anticipate bolstering investment in artificial intelligence (AI) technologies. We noted in last year’s report that profitability has been hard to achieve for fintech start-ups and the trend .