Fintech News Issue #263 April 9th, 2020
Podcasts & Videos
SPECIAL EPISODE: Asia`s Response to the Pandemic
— via Provoke.fmBrett King and Jason Henrichs focus on the swift response of Asian countries to this Pandemic and the lessons the global community can learn from it. Plus the fintech response and the digital implications.
Top Stories
Visa backs open banking and compliance platform Railsbank
— via Tech CrunchRailsbank, the open banking and compliance platform, has picked up further investment, following the company’s $10 million Series A in September 2019.
Banking Must Support Small Businesses Beyond Providing Loans
— via The Financial BrandWith almost all small businesses suffering from unprecedented financial pressures during the COVID-19 shutdown, short-term forgivable loans are not enough for long-term survival.
Let FinTech Help Jumpstart The Economy
— via ForbesWe are in the middle of a global economic crisis.
FinTech Articles
Grab a (Virtual) Beer and be part of our community
— via Fintech TalentsHumans are social animals. We create languages, paint pictures, and sing songs in order to communicate and connect with one another.
This Visa Card Gives Bitcoin Rewards on Dollars Spent
— via CoindeskThe startup behind the bitcoin-friendly shopping app Fold just joined the Visa Fast Track Program to issue a card that offers bitcoin rewards instead of traditional reward points.
McKinsey: banking and customer experience during COVID-19
— via FinTech MagazineBanks and financial services institutions can use digital technologies to improve customer service during the coronavirus crisis, according to McKinsey
Bitcoin's (BTC) upcoming halving – a once-every-four-years reduction in the supply of new units of the cryptocurrency – has got traders, analysts and gawkers abuzz over the potential price impact.
The UK government hasn't asked a single fintech to help with its coronavirus business interruption loan scheme (CBILS) — why not?
Biometrics are an essential part of the fintech equation
— via Biometric UpdateBiometric technology is turning out to be the “X factor” for FinTech invention.
Open banking fintech Yapily raises $13M Series A
— via Tech CrunchYapily, one of a number of fintech startups that offer an opening banking API to let enterprises, such as financial service providers and merchants, connect to banks, has raised $13 million in Series A funding. Leading the round is Lakestar, which is also a backer of fintech unicorn Revolut.
Personal loan balances are growing at a fast rate. According to TransUnion data, unsecured personal loan balances reached a record high of $156 billion in 2019.
Recent News
Cryptocurrencies and ICOs – A Rough Guide to Regulation
David Ramm, Jack Shawdon, Philip Stone
Over the past few years there has been a growing proliferation of cryptocurrencies. More recently, companies which may have limited... Full Article
2020 Fintech Trends to Watch Out For
Michael Dehoyos
Fintech remains fearless in the face of traditional banking. Rapidly evolving to meet consumer needs that they never even knew... Full Article
Banking Reinvented: How Advanced Generative AI Models Are Shaping the Industry
Aayush Mittal
Advanced generation AI models are shaping the future of the banking industry, offering transformative potential and creating new challenges. In... Full Article
How Online Identification Will Change Businesses – Rupert Spiegelberg and Armin Bauer, IDnow
FinTech Weekly / IDnow
FinTech Weekly talked to online identification provider IDnow about why identity management will be one of the most interesting areas... Full Article
Viewing Digitalization as a chance (1/2)
Robert Freitag
Business Cases The financial industry is currently still trying to catch up on their delayed start into the digitalized future.... Full Article
Explore Meetups
Hyperledger Argentina
The Hyperledger Foundation is an open source collaborative effort hosted by the Linux Foundation and created to advance cross-industry blockchain... Read More
FinTech Meetup Europe - Frankfurt
Hello Frankfurt-FinTech Fans! Let’s start uniting FinTech Founders, Corporates, Developers, and VCs across Europe to share, build and collaborate. The... Read More
FinTech Meetup Europe - Tallinn
Hello Tallinn-FinTech Fans! Let’s start uniting FinTech Founders, Corporates, Developers, and VCs across Europe to share, build and collaborate. The... Read More
FinTech Meetup Europe - Lisbon
Hello Lisbon-FinTech Fans! Let’s start uniting FinTech Founders, Corporates, Developers, and VCs across Europe to share, build and collaborate. The... Read More
Citi Accelerator TLV
Come meet like -minded people who are interested in Fintech, have a startup, or are looking for their next idea,... Read More