Fintech News Issue #264 April 16th, 2020
Podcasts & Videos
So many fintech eggs in so many baskets
— via Tech CrunchHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
Top Stories
Fintech to spur financial inclusion
— via FinextraFintech can spur financial inclusion by facilitating payments, but it is not a panacea and comes with risks that need to be managed, concludes a report by the Committee on Payments and Market Infrastructures (CPMI) and the World Bank.
Concepts of machine learning and artificial intelligence have become more present and available in most of the industrial processes.
The coronavirus crisis is fintech’s biggest test yet—and greatest opportunity to go mainstream
— via FortuneIn the wake of the Great Recession, as lawmakers passed the Dodd-Frank legislation to rein in an ignominious financial industry, one paragraph of the law also validated a rebel contingent of reform-minded entrepreneurs.
FinTech Articles
In the current economic crisis, businesses have been forced to make difficult decisions around resource allocation and cash flow planning. The person most critical in helping the CEO make those high-stakes calls—the CFO—is more vital than ever.
Can Fintech Help Save Small Businesses Amid Coronavirus Outbreak?
— via ETF TrendsOne byproduct of the coronavirus outbreak is the heavier reliance on technology is opening opportunities for exchange-traded fund (ETF) investors to take advantage of the innovation.
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
— via CointelegraphFinancial institutions all over the world are increasingly experimenting with emerging technologies like blockchain to streamline payment systems and achieve financial inclusion.
Fintechs may be uniquely positioned to facilitate credit to businesses and monetary aid to individuals, write Markos Zachariadis, Pinar Ozcan, and Dize Dinçkol
5 ways COVID-19 is impacting fintech startups
— via EU-StartupsWe’re living in a new macroeconomic narrative with major changes taking place every day.
Swiss holding company Crypto Finance AG has closed a $14.5 million Series B funding round co-led by Swiss investor Rainer-Marc Frey, Beijing-based private equity firm Lingfeng Capital and joined by Hong Kong’s QBN Capital.
Dear Congress: Don’t let initial PPP be final word on small-business aid
— via American BankerThe coronavirus pandemic has shut down small businesses across the country, spreading faster than the economic relief that these businesses are now struggling to access.
A few fintech companies say they've received approval to offer the paycheck protection loans designed to keep small-business employees on payroll.
Will Fintech ‘Save the Day’ as USA Struggles with Corona Stimulus?
— via Finance MangnatesFintech platforms may be the way forward as the US's legacy banking system struggles under the weight of stimulus distribution.
Recent News
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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