US Innovation Market Guide on Financial Technology

Abstract

The US Innovation Market Guide on financial technology will guide you through the US FinTech innovation ecosystem, supporting you in the identification of the US leading regions from the innovation and market perspectives.

From the innovation perspective, the Guide gives you clear guidance on US innovation ecosystems including the major US FinTech innovation hubs, innovation facilitators and leading industry-related RDI centers.

From the market perspective, the Guide provides an overview of the US FinTech market and advises you on how to understand the different segments within the market, including the market opportunities and barriers.

This guide is also useful to expand your network of contacts of important stakeholders of FinTech in the US. It presents an extensive list of innovation and market associations as well as most relevant, leading events related to financial technology.

Finally, this guide will provide you with an overview of important US governmental initiatives related to the FinTech, both federal and state levels. On the Federal level, an overview of key programs and opportunities is given, including those that come from National Science Foundation, US Department of Treasury, The Consumer Financial Protection Bureau, etc. On the state level, you have a chance to learn about initiatives coming from a sample of states that include Arizona, New York, Utah and Wyoming.

Therefore, this guide works perfectly as a handy guide for you to grow your business and develop your network on FinTech in the US!

This guide was published in September 2020 and is available in English. This guide has 81 pages and 4 Annex pages.

 

 

Table of Contents

List of Abbreviations (page 12)
In this section the list of Abrreviations used in this report are presented
1 Introduction (page 15)
The US Innovation Market Guide on Financial Technology enables you to understand the US leading regions on financial technology from the innovation and market perspective
2 US innovation ecosystem (page 19)
2.1. Innovation Hubs (page 20)
2.2. Innovation facilitators (page 26)
2.3. Industry related RDI centers (page 32)
3 US market landscape (page 39)
3.1. Market overview (page 40)
3.2. Leading regions (page 42)
   3.2.1. Financial Services Industry (page 44)
   3.2.2. Software and IT services industry (page 47)
3.3. Market considerations (page 51)
   3.3.1. Opportunities (page 51)
   3.3.2. Barriers (page 52)
   3.3.3. Other market considerations (page 53)
4 Recognized networks and events (page 55)
4.1. Innovation and market networks/associations (page 55)
4.2. Innovation and market events (page 61)
5 US innovation initiatives and programs (page 66)
5.1. Federal initiatives/programs (page 67)
   5.1.1. National Science Foundation (NSF) (page 67)
   5.1.2. The Consumer Financial Protection Bureau (CFPB (page 73)
   5.1.3. US Department of Treasury (page 74)
   5.1.4. The Commodity Futures Trading Commission (CFTC) (page 75)
   5.1.5. Securities and Exchange Commission (SEC) (page 76)
5.2. State initiatives/programs (page 76)
   5.2.1. Arizona: FinTech Sandbox Program (page 77)
   5.2.2. New York: DFS Fast Forward Program (page 78)
   5.2.3. Utah: FinTech Sandbox Program (page 78)
   5.2.4. Wyoming: Financial Technology Sandbox Program (page 79)
6 Observations (page 80)
Annex 1: Summary of the US Federal and State Funding Initiatives and Programs (page 82)