A decade of good times has created some complacency, and with the cold winds of winter upon us, businesses desperately need to become more adaptable and resilient to survive long term, Pat Patel, Executive Director at Elevandi, writes in an op-ed on finews.asia.
«The Times They Are A-Changing». Three months ago, I wrote a piece calling for an urgent step change in the fintech industry in this very tune of Bob Dylan. In perspective, the modern-day fintech industry has been battling with macroeconomic issues – from rising interest rates, soaring inflation, industry-wide layoffs, and dwindling consumer confidence. A decade of good times has created some complacency, and with the cold winds of winter upon us, businesses desperately need to become more adaptable and resilient to survive long term.
Now, three months later, and after hosting the largest gathering of the fintech community ever, the industry is beginning to sing a different tune – one that chants about coming together.
Come Together, Right Now, Over Fintech
At the «Singapore Fintech Festival» (SFF) last year, we…