Crypto backed loans and wallets, neobanks in emerging markets and personal finance tools tailored for millennials are the fintech trends I predict will gain momentum this year. Here’s why.

I had the pleasure of addressing 500+ John Deere Financial employees as the keynote speaker during their quarterly company-wide meeting. I shared my thoughts on how lenders can utilize their data as a product to drive innovation by partnering with Fintechs. [Presentation]

Forming partnerships with banks is challenging for startups as they need to navigate through bureaucratic approval structures and legacy technology systems. For early-stage startups, this process is time-consuming and requires extensive resources with no guarantee of acquiring a paying customer in the end. From my experience working with banking innovation teams, here are 4 things startups should consider while entering the banking sales cycle to increase their chances of success.

Autonomous finance is a financial service that automatically conducts personal finance management based on algorithms, rather than manual human input. Essentially, a firm can manage their client’s spending, savings or investments automatically, without the firm or even the client manually submitting information. Here are the trends that are happening in this space.

As customer preferences change, banks are challenged with keeping up with expectations and the slew of alternative options. However, to keep pace with current innovation, banks can leverage their competitive advantage, customer data. Data can be used to enhance the customer experience by offering personalization throughout the customer lifecycle. Startups support this approach in a number of ways.

Square, a payments technology company, acquired Tidal, a global music streaming service, for almost $300M. In a tweet, Square’s founder stated that “it comes down to a simple idea: finding new ways for artists to support their work.” As artists get paid from earning streaming royalties, performing and selling merchandise, this partnership can go in multiple directions. Here are my ideas.

Social media has opened the door into a financial world that many knew existed but few actually understood. Although the power of social media is evident, it was still a shock to see a stock trading community on Reddit disrupt the financial market using a trading app, Robinhood. Interestingly enough, this heightened interest in trading benefited not only Robinhood but also its competitor, Public.com.

Political unrest, a deadly virus, and soaring unemployment may sound like an interesting night at the movies, but it's actually a succinct description of the year 2020. As our new normal materializes, what does it all mean for fintech?