Fintech News Issue #297 December 31st, 2020
Top Stories
2020: The year that shook fintech
— via SiftedA look back at the fintech sector's highs and lows in 2020, and Sifted's must-reads of the year
It seems unfair to name winners and losers in fintech for 2020. We should give the losers a pass because of the year we just had, right? This is the Fintech Snark Tank, folks—pity is for pansies. Let’s get to the lists.
Nine Payment And Fintech Predictions For 2021
— via ForbesAt the beginning of the year, I spelled out three key payments investment themes for 2020.
FinTech Articles
Bank merger volume was down significantly in 2020 from 2019. What a surprise, eh?
Chase's Digital Assistant could be a major value-add for mobile banking
— via Business InsiderDebuted last month, Chase's in-app virtual assistant will be rolled out in full throughout 2021. The Digital Assistant allows users to type out inquiries and commands related to balances; account and routing numbers; replacing, locking, and unlocking cards; and paying bills and transferring money, among other functions.
RON use went up in 2020. Here's why more lenders won't adopt it
— via American BankerWhile the mortgage industry has been notably slow to adapt to new technologies, use of remote online notarization software accelerated significantly in this year of social distancing.
China orders Alibaba founder Jack Ma to pare down fintech empire
— via The GuardianCentral bank says Ant Group governance is unsound and tells it to rectify ‘illegal activities’
The 2020 Fintech Year in Review
— via Chris Skinner's BlogI said I was on holiday, which I am, but noticed a very nice round up of 2020’s biggest Fintech news stories by Abraham A. Tachjian, who writes at ATonFinTech.com. I felt it was a good way to end the year and Abraham kindly said yes, I can share it so … enjoy!
Fintech in 2021: How fintech will evolve over 3-5 years
— via Financial ExpressFintech landscape will see emergence of innovations that will facilitate holistic financial services over single mobile interface
Top Fintech Trends In 2021
— via International BankerIt’s fair to say that 2020 has been among the most consequential years ever for the fintech (financial technology) industry. Thanks in no small part to a deadly pandemic that swept across much of the world, consumers, households and businesses alike have all had to depend on the digital world a whole lot more than at any time previously.
Welcome to the Fintech Age: How Digital Currency Is Transforming Payments
— via EntrepreneurWe are officially in the fintech age. The shift to digital payments has only accelerated amid the pandemic, and if you've been following recent trends, then you know the rise of Bitcoin and other digital currencies into the mainstream is having a profound impact on financial systems and how they function across the globe.
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
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