Fintech News Issue #286 October 15th, 2020
Podcasts & Videos
The Fed, fintech and corporate bond markets
— via Roll CallChris White, the CEO of Bondcliq, explains why the Fed's attempts to save the economy through corporate debt purchases needs an upgrade, starting with the bond market itself.
Top Stories
Among banks and credit unions planning to partner with fintechs, 86% cited “improve the customer experience” as a top priority, followed by roughly four in ten who mentioned reducing operating expenses or fraud as a top priority.
“Whenever the bank stocks go down, we immediately get a massive amount of option-call buying in PayPal and Square,” CNBC’s Jim Cramer said.
Accelerator launches a greener future in fintech
— via FinextraRichard Peers, Responsible Risk speaks to Abradat Kamalpour, partner and architect of FinTech Legal Labs, Anna-Marie Slot, Ashurst's Global Environmental, Social and Governance partner, and Sara de la Torre, Director, Digital Transformation, Financial Services at Hitachi Vantara, about their collaboration, which aims to accelerate a greener future in fintech through data-driven analysis of sustainable business initiatives.
FinTech Articles
What’s next for post-pandemic fintech innovation?
— via Global Banking and Finance ReviewEven before 2020, FinTech was fundamentally transforming the way financial services operate. Established market players have been forced to step up their use of technology to keep pace with challenger banks and FinTech start-ups.
PayPal is launching a “buy now, pay later” service in the U.K. that lets shoppers finance their purchases over three interest-free monthly instalments.
Challenger bank accessing latest anti-money laundering technology through fintech
— via Computer WeeklyChallenger banks works with fintech to support its anti-money laundering efforts
Or Will CBDCs Destroy Banking?
— via The FinanserI keep wondering about the future. Governments vs Libertarians? Centralised vs decentralised? DeFi vs CBDC?
A 40-year-old man from Auckland, New Zealand, faces a wave of charges for money laundering via allegedly shady cryptocurrency transactions and luxury car purchases.
Canadian robo-advisory firm Wealthsimple has achieved Unicorn status on a CA$114 million investment round led by by TCV, along with Greylock, Meritech, Two Sigma Ventures and existing investor Allianz X
Fintech boom prompts Justice to revisit bank merger guidance
— via Roll CallDOJ asking public whether online lenders and their ilk should factor into decisions on competitive effects of proposed mergers
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