Fintech is dynamically evolving, influenced by innovation's pace, changing regulations, and shifting global perspectives. In this issue, we delve into a sector that is more than just financial technology. We observe how all-in-one applications are becoming entwined with the rising significance of AI-enhanced banking and how countries are positioning themselves as leaders in the fintech realm. Witness Singapore's notable prominence in the East and the UK's enthusiastic adoption of cryptocurrency in the West. This isn't just about individual successes; it's about a collective momentum driving the industry forward. Pioneers like Mastercard and Google are not on the sidelines; they're in the thick of it, indicating their aspirations for finance's future trajectory.
This and much more in this number of FinTech Weekly â discover top fintech news and events and stay ahead of the competition!
The co-founder of Outward VC, Devin Kohli, shares his thoughts about the evolution of fintech and the rise of âeverything appsâ.
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FinextraTV hosts Richard Kalas and Simon Thompson to discuss recent developments in fintech, from GFTâs Banking Disruption Index to the next evolution of AI in banking.
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Chris Larsen, co-founder of Ripple, praises the UK for being one of the most crypto-friendly countries, endorses its fintech innovations, and supports the tweet from Chancellor Jeremy Hunt â who labeled the UK as âEuropeâs Silicon Valleyâ.
Credit Union Times analyzes some trends that should be incorporated into fintech blueprints. Among them, open banking and the use of API, embedded finance and Banking-as-a-Service (BaaS).
Google further supports the crypto space by adding data from 11 blockchains to its BigQuery program: with this move, Google seems to see a bright future for the crypto ecosystem.
Singapore currently attracts the highest level of fintech investments, especially thanks to the regulatory stability it offers. The Savills 2023 Tech Cities Index named Singapore the top fintech hub in Asia, and the fourth globally.
The difficulties experienced by Solaris might be a sign of the current troubles faced by the fintech industry in Europe. The German fintech startup is struggling to find the âŹ100 million it needs to execute the credit card contract for ADAC, the Munich-based motor association â the association is currently approaching new potential partners.
Mastercard participated in the Annual Conference organized by FinanceMalta, sharing insights on the Maltese fintech landscape and a set of strategic actions to support the growth of fintech in the country.