Fintech News Issue #305 March 4th, 2021
Top Stories
4 Tech Trends That Will Massively Transform Banking in 2021
— via The Financial BrandThe industry is entering a critical phase. Legacy technology will finally be superseded by a combination of cloud computing and AI, putting banks and credit unions closer to par with fintechs.
The Bitcoin Bubble Myth
— via ForbesAs 2021 begins, Bitcoin’s rising price has brought forth the usual commentary that has dogged the digital cash project for a decade – that it is little more than a “bubble” propelled by market manipulation and euphoria.
Jack Dorsey launches in-house bank through Square Inc
— via Fintech MagazineTwitter mogul Jack Dorsey's fintech company Square Inc, has launched its own in-house bank
FinTech Articles
What Do Financial Institutions Really Get Out of Social Media?
— via The Financial BrandBanks and credit unions no longer get any points for hanging with the cool kids when they do social media. If it isn't producing for them, why bother?
Revolut lets customers switch to Revolut Bank in 10 additional countries
— via Tech CrunchFintech startup Revolut has its own banking license in the European Union since late 2018.
Amazon opens cashierless store in London
— via FinextraAmazon has opened a cashierless store in London that lets customers "just walk out" once they have collected their shopping, with payment automatically taken from their account.
Fintech Innovation Done Right: Be A Creator
— via ForbesFintech is becoming a powerful force. Last year $2 billion went into the industry. Some have proclaimed fintech is everything and everywhere.
FinTech Trends Beyond Digital Payments
— via Seeking AlphaFinTech's reputation is that of a disruptor of traditional financial services. That reputation is well-earned, but it doesn't tell the whole story.
Chinese fintech platforms expected to meet capital requirements within two years: regulator
— via ReutersChina’s financial technology companies are expected to meet capital adequacy requirements within a maximum of two years, said Guo Shuqing, head of the China Banking and Insurance Regulatory Commission (CBIRC) on Tuesday.
London must be a launchpad for Britain's global Fintech success
— via City A.M.The continuing impact of technology and the unprecedented changes it has had on our lives has only been accelerated by the Covid-19 pandemic. Over the past year, technology has been critical to our lifestyles.
F10 and New Energy Nexus unite to nurture green fintech
— via FinextraF10, fintech incubator and accelerator, will collaborate with New Energy Nexus to form the first global green and climate fintech program, bringing decarbonisation of financial services to the cutting edge of innovation.
Walmart has reportedly lured away two Goldman Sachs bankers to help lead its new fintech venture
— via Business InsiderWalmart has reportedly poached two Goldman Sachs bankers to help it run its new fintech venture.
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