Fintech News Issue #279 August 13th, 2020
Top Stories
IPO mistakes, fintech results and the Zenefits ‘mafia’
— via Tech CrunchOne of the most interesting disconnects in the market today is how VC Twitter discusses successful IPOs and how the CEOs of those companies view their own public market debuts.
As the Fintech world is undergoing a radical reformation, here is a list of 5 key trends that is likely to shape the upcoming future of fintech industry
General Motors Co.’s chief financial officer is stepping down after two years to take a job at financial technology company Stripe Inc. in an unexpected move depriving it of a rising star and one of the auto industry’s few senior female executives.
FinTech Articles
Key role for fintech in the developing smart cities
— via Trade ArabiaOver the past couple of years, many countries in the Gulf have been embracing digital transformation journeys to diversify their economy and establish smart cities.
Facebook Goes All-In on Fintech With Launch of New Product Group
— via CointelegraphFacebook is determined not to take “no” for an answer when it comes to fintech.
Top 10 companies with most fintech patent applications
— via China DailyChina's leading insurer Ping An took the top spot in the world in fintech patents by filling 1,604 patents last year, according to a report released by the World Intellectual Property Organization.
CaixaBank launches the first credit card in Spain made with 100% recycled plastic
— via Fintech FinanceCaixaBank offers its customers the first card made from 100% recycled material to be marketed in Spain.
The Russian agency charged with collecting data to counter financial crimes has proposed building its own software to track cryptocurrency transactions and link them to users.
The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value.
Token Sales Are Back in 2020
— via CoindeskAs the price of bitcoin rises, token sales have become trendy once more.
Will every company become a FinTech Company?
— via Fintech TalentsOur world is full of pithy one-liners and Tweet-worthy phrases. We’ve all been to conferences where we have heard: ‘Innovate or die’ or ‘Ignore the HiPPOs’ or ‘We’re just a technology company with a banking licence.’
The average fee per transaction on Ethereum reached $6.04 Wednesday night, according to Blockchair, the highest fees since 2015.
The coronavirus should accelerate fintech/bank cooperation
— via Payments SourceWhat are long-term effects fintechs might experience due to the coronavirus, and how can they benefit from the lockdown?
Recent News
Saving Financial Services in a Fickle Digital Culture
Paul Mandeville, CPO, QuickPivot
According to a recent survey, more than half of banking executives want to improve their social and mobile channels. However,... 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
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
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
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
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 - 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
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
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