With apologies to Jay-Z (and a hat tip to The Middle Ground which, unbeknownst to me, came up with a better twist on his lyrics), we point you to the latest reference for those looking to solve real financial services problems.
The fintech wizards at Singapore’s MAS recently published a list of 100 problems in financial services. The problem statements, and suggested enabling technologies, were crowdsourced from around the world. The list is as an aid for participants in its 2016 hackcelerator (which has a 31 July deadline for submissions for the S$20,000 prize), but it’s also a good reference for anyone in the fintech startup space.
While I’ve seen bigger lists (in 2014, we published a report with more than 1,000), the MAS version covers more diverse topics than most, addressing regulatory bottlenecks, trade finance opportunities, financial inclusion, along with the usual payments and consumer banking issues. Check out the table of contents (inset) and the full PDF here.