# ICAEW Supporting Fintech Fortnight 2017
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-02-15
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Unlocking Fintech Opportunities for UK Businesses
Meta Description: Discover the benefits of fintech for your business with ICAEW. Find out how accountancy can lead the way in embracing this transformational sector.
URL: https://financedigest.com/icaew-supporting-fintech-fortnight-2017html

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- **ICAEW in partnership with UK’s first Fintech Fortnight**
- **Encouraging Businesses to take advantage of this growing sector**
- **Accountancy at the forefront of Fintech**

ICAEW are delighted to be supporting Fintech Fortnight 2017. This celebration of all things fintech will be taking place from 6th – 19th February, with ICAEW and others, raising awareness of this transformational sector.

Fintech Fortnight will be considering the [future](https://www.financedigest.com/the-future-of-fintech-forging-ahead-with-digital-transformation.html "The future of fintech: Forging ahead with digital transformation") of fintech and its effects on UK businesses.

ICAEW believe the [accountancy sector should be at the forefront of helping companies embrace](https://www.financedigest.com/how-young-founders-are-embracing-outsourced-accounting.html "How Young Founders Are Embracing Outsourced Accounting") the opportunities fintech brings.

Many are not taking advantage of these open opportunities and ICAEW are raising awareness of how chartered accountants can play a central [role in educating companies on the benefits of fintech](https://www.financedigest.com/the-role-of-fintech-in-shaping-innovative-future.html "The Role of Fintech in Shaping Innovative Future"), as well as the optimum time to invest.

Fintech has the potential to fundamentally [change the way we do business](https://www.financedigest.com/unitedhealth-to-sell-change-healthcares-claims-business-for-2-2-billion.html "UnitedHealth to sell Change Healthcare’s claims business for .2 billion"). It can help companies streamline what they are currently doing and drive greater efficiencies, enabling greater customer reach, while [delivering a wealth of insights](https://www.financedigest.com/research-delivers-insight-into-the-global-polymer-surfactants-market-during-the-period-2021-2029.html "Research Delivers Insight Into The Global Polymer Surfactants Market During The Period 2021-2029").

Philippa Kelly, ICAEW Financial Services Assurance Manager, explains, “It feels like everyone is talking about fintech, but [knowing how it could benefit](https://www.financedigest.com/the-benefits-of-purchasing-fractional-shares-you-should-know.html "The Benefits of Purchasing Fractional Shares You Should Know") you and your business, and the potential risks involved, takes time to understand.”

Given the rapid development occurring in this sector, businesses should consider the ICAEW as a tool of knowledge, demonstrating how to reap the prospects fintech has to offer.

Kelly continues, “ICAEW wants [businesses to feel confident in adopting new technology to unlock insight about their activities](https://www.financedigest.com/euro-zone-business-activity-contracted-again-in-august-pmi.html "Euro zone business activity contracted again in August -PMI") and make day to day life more efficient.”

[Fintech is undoubtedly the future](https://www.financedigest.com/hyper-personalisation-the-future-for-fintechs.html "Hyper-personalisation – the future for fintechs") for businesses. It is enormously advantageous and [growing exponentially](https://www.financedigest.com/metal-fabrication-market-foreseen-to-grow-exponentially-over-2021-2031.html "Metal Fabrication Market foreseen to grow exponentially over 2021-2031"). Fintech Fortnight is here to raise awareness and discuss this ever-changing sector.


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