Fintech News Issue #262 April 2nd, 2020
Podcasts & Videos
How will fintechs survive a new financial crisis?
via Roll CallFintech Beat sits down with Jonah Crane to discuss how important (or not) is size in surviving the economic slowdown, and whether firms and customers can transition regulatorily and technologically in time to protect themselves.
Top Stories
The coronavirus pandemic is resulting in a sharp increase in people using fintech apps.
Microsoft has teamed up with Plaid to let people automatically import their bank and credit card account data into a new personal finance tool called Money in Excel.
Square and Twitter CEO Jack Dorsey says the government can use Square's money-transfer app, Cash App, to send money faster to consumers.
FinTech Articles
Let fintechs make SBA loans
via American BankerAmerica’s 30 million small businesses are facing an unprecedented challenge as COVID-19 requires people to stay at home, and business owners to shut down to prevent the spread of the virus.
8 New Fintech Ebooks to Read While in Covid-19 Quarantine
via Fintechnews SwitzlerandThe ongoing COVID-19 pandemic has prompted a global shutdown never seen before.
How Did the Chinese Fintech Industry Respond to COVID-19?
via Crowdfund InsiderWith the outbreak of the COVID-19, more and more people and groups have joined the fight against it
Cybersecurity: 7 Hidden Risks of Fintech Industry
via Payments JournalThe fintech services have made a great transformation in terms of market value and are expected to reach nearly 4.8 trillion by the end of 2020.
I didn’t know the COVID-19 situation would happen and hold the economy and our freedom to move, at ransom.
Fintech During The Coronavirus Pandemic: Helping People With Mental Health Conditions Manage Money
via ForbesThe public seen taking their one period of daily exercise permitted during the coronavirus lockdown at Primrose Hill in London, United Kingdom.
There are 30 million small businesses in America, and in the face of government-ordered quarantines, many are on a death spiral as their revenues approach zero and expenses accumulate.
Whilst the current pandemic induced crisis is yet to reach its peak, and is leaving a trail of personal and economic destruction, we should expect a new landscape to emerge, in many respects, when the dust settles.
Recent News
Partnership with SOFORT - Interview with Lena Hackelöer from Brite Payments
FinTech Weekly
Since 2019 Brite Payments is developing payment solutions. This year they hit a major milestone with their partnership with SOFORT... Full Article
ICOs: Regulatory Landscape and Good Practice Principles
Ashurst & svs Capital Partners
Recent statements by various regulators around the world demonstrate an increased scrutiny of initial coin offerings ("ICOs"). In order to... Full Article
Making sense of data access approaches [Whitepaper]
Sima & Eric (Plaid)
[SPONSORED] Consumer access to financial data has become a hot topic of late—and with good reason. U.S. consumers are embracing... Full Article
Emerging Cloud Trends in the Financial Sector: Cloud Adoption Soars, Yet Security Concerns Remain
Michael Fimin
Today, financial institutions face two major challenges. First, the large volume of highly sensitive information they process, such as credit... Full Article
With Good Planning, can the Metaverse be Sustainable?
Tim Lea
Finding out how the metaverse will become sustainable and what initiatives are already working towards the metaverses green future. Full Article
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