Fintech News Issue #282 September 10th, 2020
Top Stories
Where Challenger Banks May Yet Stumble
— via finewsThe emergence of challengers like Revolut, N26, and Monzo looks unstoppable. A new study looks at their primary stumbling blocks.
Wealthfront: A Digital Solution In The Battle For Millennial Deposits
— via The Financial BrandWealthfront is a fintech provider geared to Millennials who save and invest. By offering a competitive interest rate on their cash account, low management fees, tax optimized investment strategies and a host of traditional banking services, they have become a force for the highly coveted younger investor.
Five emerging tech trends that will shape the future of fintech
— via The ScotsmanExciting opportunities are arising from the take up of emerging technology, Olivia Fletcher surveys five trends that will shape the future of the sector
FinTech Articles
30 Financial Services IT Influencers to Follow in 2020
— via BizTechThese writers, bloggers and podcasters keep their audiences up to date with every tech twist and turn in the financial services industry.
Echoing Prime Minister’s Boris Johnson pledge to 'double down on levelling up' the UK economy, Citi Bank’s Tony McLaughlin believes the country can become an even more friendly environment for fintech and should be looking outside “a small perimeter around Old Street”.
Fintech and digital pay are pushing banks to accelerate tech adoption
— via Payments SourceFor decades, traditional financial services institutions have remained comfortably complacent in their business models, resistant to significant change or disruption.
Mastercard launches CBDC testing platform for central banks
— via FinextraMastercard has built a virtual testing platform to help central banks assess and explore national digital currencies.
Data Security Tips for FinTech Companies Working Remotely
— via Finance Magnates4 Important Data Security Tips to Protect FinTech Organizations with Remote Workers
What is fintech?
— via BankrateThe term fintech might conjure futuristic ideas of the merging of traditional finances with technology. But fintech already likely holds a prominent place in your daily life.
UK fintech Mode to float on London Stock Exchange
— via FinextraMode, a UK fintech startup established by Jonathan Rowland, co-founder and director of UK challenger Redwood Bank, is looking to raise £7.5 million through a float on the London Stock Exchange.
“A pandemic-led acceleration of adoption.”
A previously undisclosed vulnerability in the Bitcoin Core software could have allowed attackers to steal funds, delay settlements or split the largest blockchain network into conflicting versions had it not been quietly patched two years ago.
Visa is being investigated by the European Commission over its rules for fintechs
— via Business InsiderThe European Commission is investigating Visa's rules for fintech companies using its network, the company has revealted.
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