Fintech News Issue #207 March 7th, 2019

The slow U.S. adoption of real-time payments hurts half of Americans who live paycheck to paycheck, says Aaron Klein, a fellow at the Brookings Institution.

How cool would it be if you could subscribe to getting more wealth? I think it’s game over for the old wealth business model (at least if your goal is growth).

I’ve talked a little about TechFin in the past but, in my presentations, I talk more and more about TechFin versus FinTech.

Connected Insurance Europe 2019 (Amsterdam, 15th & 16th May) will gather Europe’s leading insurance innovation teams driving next-generation products and services. Join 350+ senior executives and hear from 50+ insurers on how you can boost profitability and customer uptake by integrating connected technologies and partnering intelligentially. Don’t let your competitors pass you by and join the insurers’ most trusted event of the year.

TechNOVA: AI in Financial Services will gather together the greatest minds across banking, insurance and capital markets to expand understandings of AI, and build practical knowledge on how to develop real, implementable systems.

Europe's most successful insurers reveal technology integration and co-creation projects utilising AI, Data Analytics, Automation, RPA, and efficiency tools and platforms.

In 2017, I wrote in the American Banker that not fintechs, but data behemoths such as Google or Amazon, would be the major drivers for the blockchain going mainstream.

2018 was a banner year for fintech VC, with the lending segment consistently emerging as a leading repository for VC dollars. Over the last decade, fintech lenders have helped fill a void as big banks pulled back on making small business and personal loans in the wake of the “Great Recession.”

There are some very influential voices in social media channels, with large communities of loyal followers. Here's how U.S. Bank, Chase, American Express, Citi, and Capital One are all broadening their appeal by piggybacking their brands on popular social media celebrities. Should you be next to jump on board the influencer marketing trend?

This one has been a long time coming, nonetheless one I have discussed time and time again, both on the podcast and with many folks - both in incumbent insurers and at startups breaking new ground.

Banks and credit unions urgently need digital tools that ingest and distill consumer data. By deploying proactive recommendations based on real-time needs and behaviors, financial institutions will be able to personalize experiences at scale, generating loyalty, trust and sales.

When open banking began on 13 January 2018 with the launch of PSD2, the fintech twitterati were abuzz with predictions of the radical disruption of financial services. Industry pundits spoke about customers walking through a promised land of meaningful financial insights and competitive products.

It is hard not to become desensitized to the almost daily news of data breaches. Identity theft is appealing to fraudsters, but the endgame is nearly always financial gain, so lifting payments data is a far more direct path to a payoff.

[Webinar Slides] Digital-only banking is inevitable

Overwhelming majority of IT decision makers express concerns over security of free instant messaging apps

The workplace is the new bank branch, and a few fintech startups are starting to realise the power of this distribution channel.

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