Editor's Picks - Reliance e-commerce launch | Softbank stake in Jio | Chinese entrepreneurs ride India internet consumer wave | Lyft & Uber IPOs make us wonder: when will Indian unicorns go public? | Careers in aviation: short-term blip | Why millions try to crack Railway exams even today | A Brown economist's guide to making informed choices about raising your kids.. & more

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Don't underestimate the power of the fintech revolution History is replete with people's failures to anticipate the impact of technological change. Are we making the same mistake with financial technology (fintech)? Could it, in fact, be the next revolutionary technology to boost economic growth? Financial innovations are unlike other inventions in that they can directly impact the efficiency of the financial sector, which is how savings and investment are intermediated in an economy - and which then affect growth. Yet fintech is part of the digital economy that has produced innovations that have transformed the way we live, even as productivity growth has been slowing across advanced economies for decades. It is captured in the Solow paradox: The computer age is seen everywhere except in the productivity data. More here Read TradeBriefs every day, for the top insights! Advertisers of the day Kellogg Executive Education: Kellogg's Senior Management Program | June 2019 | Enroll Now EMERITUS Institute of Management: Postgraduate Diploma in Innovation & Design Thinking program| Accepting Applications Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Get today's top stories here More Retail stories More Telecom stories More Finance stories More FMCG stories More IT stories More Ecommerce stories More Digital stories More HR stories More Logistics stories More Construction stories More Work stories More Life stories Get today's top stories here

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