Fintech News Issue #283 September 17th, 2020
Top Stories
Charting the COVID Effect on Fintech
— via a16zHemingway famously wrote that there are two ways to go bankrupt: gradually, then suddenly. In many ways, the impact of technology on our day-to-day financial choices has followed a similar trajectory. Fintech has been a gradual, but enormously consequential force of change in financial services over the past decade.
Launching A Fintech Platform For Growing Unicorns
— via ForbesData is eating the world and today it launched Team8 Fintech, a startup foundry with the mission of growing future fintech unicorns, finding new ways for data to drive financial decisions.
Almost every financial institution invests a lot of effort and money into experience design, as this ensures a competitive advantage in the digital age. Unfortunately, sometimes results are pitiful.
FinTech Articles
Fintech sector faces "existential crisis" says McKinsey
— via FinextraThe global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up during the ongoing Covid pandemic.
Kraken Wins Bank Charter Approval
— via KrakenWe are thrilled to announce that the State of Wyoming has approved Kraken’s application to form the world’s first Special Purpose Depository Institution (SPDI), tentatively called Kraken Financial.
There may be a changing of the guard underway in financials.
Open banking API calls – what lies ahead?
— via KonsentusWill monthly open banking API calls reach 20bn by December 2022? Our data projections look at the possible scenarios over the next two years
If you’ve had enough of digital banks, avert your eyes now — because there’s an entire new generation on the horizon.
Israel’s startup scene is best known for its pioneering — often controversial — security and artificial intelligence projects; several of which boast international governments and multi-nationals as clients.
UK banks sign Fintech Pledge
— via FinextraSome of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms.
The Highest-Funded Fintech Startups in the World
— via StatistaAccording to a recently published report by CB Insight, Grab is the highest-funded fintech startup (currently private, up-and-coming company) in the world.
Recent News
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
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
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