Fintech News Issue #268 May 14th, 2020
Top Stories
Google: The Next Big Fintech Vendor
— via ForbesFour recent stories regarding Google signal that it, too, is following a similar path and is on its way to becoming the next big fintech vendor:
Dealing with a crisis: FinTech versus Bank
— via The FinanserThe chasm between start-ups and incumbents is massively exposed by coronavirus.
Fintech in the Eye of the Storm
— via Medium“What does fintech and the wider financial services sector look like in a post-Covid-19 environment?” No one can yet answer this with any certainty, but little happens in the European fintech space that does not cross our radar screen and we believe there are some notable trends that can help to better understand some of the possible outcomes.
FinTech Articles
COVID-19 Crisis to Give Fintech Enablers a Boost
— via Fintech News SwitzlerlandThe COVID-19 pandemic has brought to a head the importance of a digital economy. In this context, competition is set to accelerate in the fintech sector as the digital shift will make stakeholders fight for market share, according to tech advisory and investment firm GP Bullhound.
Investment in the financial technology space has skyrocketed globally over the last decade. Fintech has transformed nearly every aspect of the traditional bank.
Balderton Capital backs Primer, a fintech helping merchants consolidate the payments stack
— via Tech CrunchPrimer, a U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has quietly raised £3.8 million in funding.
COVID-19 Impact on the Future of Fintech
— via The Financial BrandThe COVID-19 crisis has put the entire banking ecosystem under stress, with the need for personalized digital solutions, a strong capital foundation and visionary leadership being more important than ever.
How fintech can help SMEs recover from the impact of COVID-19
— via The Economic ForumAround the world, small businesses have been hit extremely hard by the impact of the coronavirus.
Finding Fintech in unlikely places
— via BuiltinPayPal, Western Union and FIS have all launched accelerators to fuel the future of fintech — but not in NYC or SF.
What FinTech CEOs can learn from other industries
— via FinextraIn the past three decades, the financial industry has transformed. Innovation has skyrocketed. The uptake in new technologies means that the landscape is entirely different to even ten years ago.
What in recent years has been used as a term to define alternative lenders, and direct-to-consumer disrupters of banking, “fintech” has circled around again to include any technology company creating innovative solutions for financial institutions.
Coronavirus: Fintech sector 'squeezed' by Bounce Back loans
— via Yahoo FinanceFintech businesses are lobbying the Treasury and the Bank of England for cheap funding to allow them to compete with big banks throughout the coronavirus crisis.
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