Fintech News Issue #288 October 29th, 2020
Top Stories
3 Ways That the Fintech Ecosystem Fell Short in 2020 & How to Move Forward
— via Fintech Magnates2020 has been a huge year for fintech growth and innovation. How can the industry continue to improve?
5 fintech trends during the pandemic
— via Entrepreneur70% of the fintech companies that operate in the country are concentrated in Mexico City; however, it is to be expected that due to the pandemic the ecosystem will become more diverse.
3 Ways Crypto is Improving FinTech
— via Tech FunnelMost of the public focus of cryptocurrency is on price trends, regulation, and businesses that have launched to provide related financial products.
FinTech Articles
Are banks funding our extinction?
— via The FinanserWhilst coronavirus, disease and pandemics drive our thinking, we should not forget that there are other issues. The climate emergency hasn’t gone away. In fact, it’s probably ten times bigger than COVID19.
Compliance is the cornerstone of bank/fintech partnerships
— via PaymentSourceIt's the last all-hands meeting before launch day for your fintech startup. In a crowded market, your product seems like a standout. The accompanying mobile app sparkles and the perks you came up with for cardholders are a hit in early audience testing.
The Dark Side of Fintech Borrowing
— via Havard Business SchoolFintechs have revolutionized the banking industry, but some customers end up worse for the experience, according to research by Marco Di Maggio and colleagues.
UK maintains position as leader of Europe's fintech community
— via City A.M.The UK continues to reign as the leader of Europe’s fintech community as investment among its peers lags behind.
Payment processor Visa Inc’s $5.3 billion deal to buy fintech startup Plaid Inc is facing antitrust scrutiny at the U.S. Justice Department, which filed a petition with a court on Tuesday demanding more information about the business.
British fintech firm opening physical crypto bank branches in India
— via CointelegraphThe new venture will reportedly include 34 “physical branches and operations” in northern India.
The latter became London’s second biggest IPO this month and it came from a company no one has heard of, unless they live in Russia or Kazakhstan.
ACI Worldwide, Inc. develops and markets software products and services focused on facilitating electronic payments.
UBS plans to invest $200 million in fintech startups
— via PaymentSourceUBS Group AG plans to invest $200 million of its own money in fintech companies over the medium term in a push to further digitize its services and find new ways to engage with clients.
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