Fintech News Issue #309 April 1st, 2021
Top Stories
The Teletubbies announced today that, in response to the overwhelming global demand for cryptocurrencies, they have launched TubbyCoin, an innovative new cryptocurrency employing the groundbreaking power of HugTech.
Venezuela replaces national currency with bitcoin
— via The FinanserIn a fascinating move Venezuela, which has been a basket-case economy ever since Hugo Chavez died in 2013, has dropped their national currency (the bolivar) and any ties to the US dollar, and decided to link their national currency to bitcoin instead.
Why are Latin American fintech startups so attractive in the global entrepreneurship landscape?
— via EntrepreneurThe increase in easily accessible and scalable technologies, and an increase in mobile technology consumers, would be the reasons for the rise of this type of enterprise.
FinTech Articles
Regional Banks Losing Battle For New Accounts
— via The Financial BrandRegional and mid-cap banks account for almost 30% of the country’s banking assets, yet have significantly under-performed both larger and smaller financial institutions in the past year from an account growth perspective.
If you need any more proof that the pandemic accelerated consumers’ adoption of digital services, new research from Cornerstone Advisors revealed that more than three-quarters of Americans who have a smartphone are now mobile banking users.
Usability is the secret to success in FinTech developments
— via Global Banking and Finance ReviewThe UK FinTech sector received a record investment of £3 billion in 2020, making the UK the second largest FinTech market globally, following the US.
HighRadius raises $300M, triples valuation to $3.1B for AI-powered fintech software
— via Tech CrunchHighRadius, which has developed AI-powered fintech software, announced Tuesday it has raised $300 million in a Series C funding round led by D1 Capital and Tiger Global.
Why the future belongs to banks, and not Fintechs
— via FinExtraWith emerging Fintech services taking the world of finance by storm, it might seem like banks are in for a struggle.
The Impact of NFTs on Fintech
— via Lend AcademyWe delve into the mysterious world of NFTs, how they work, their relationship with DeFi and what they could mean for fintech
FinTech is Eating the World
— via Grit CapitalSeven or eight years ago, when I was professionally managing money, I remember being wildly bullish following a meeting with a FinTech analyst.
2021 Google Search Trends in Digital Banking, Payments & Fintech
— via The Financial BrandWhat's on people's minds these days? This major study exclusively from The Financial Brand looks at the most important Google search trends in the banking industry — what consumers and executives in financial institutions have been looking for, and how the patterns have been reshaped by COVID.
Mastercard joins FinTech Australia
— via FinExtraMastercard, a global pioneer in payments innovation and technology, has joined FinTech Australia as an ecosystem partner and as an event partner for the 2021 Finnie Awards.
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