Abu Dhabi steps up fintech activity

Finextra

I get articles from Finextra every day, they fill up my inbox. This one interests me because of the way it categorizes Fintech activities:

Financial and investment management
Financial inclusion
RegTech
Trade finance
InsureTech
Private capital markets

It also mentions a

Responsible Finance & Investment Foundation “to bolster the growth and sustainability of the fintech ecosystem through financial inclusion and ethical and responsible finance practices”.

Sounds like hype to me. Whenever I see ethics being promoted I suspect the worst.

In short, Fintech aims to change Finance entirely, and also the Economy it controls!

Bad times are ahead!