Issue #342 December 16th, 2021
Podcasts & Videos
Payment habits changed because of the pandemic: the BNPL scheme is spreading, and PayPal is leading the way. The One Vision group chats with Greg Lisiewski - VP and GM, Global Pay Later Products at PayPal.
Top Stories
After the rebranding of Facebook, the company spent $60 million to buy the trademark assets of Meta Financial Group.
In the United States there is a lack of employees in IT and other tech specialties. This is becoming an urgent issue for US employers, but there are three ways they can solve this problem.
Top Events
AFF is Asia’s premier platform for global leaders in government, finance and business to exchange insights, intelligence as well as to explore business and investment opportunities.
Crypto
APImetrics and Finextra launch open access fintech, open banking and crypto API data dashboard
— via FinextraThe API economy is rising, and API solutions seem to be the new frontier in data. Finextra and APImetrics have collaborated to create the first open dashboard that will provide real-world performance of the top 30 open banking brands and 36 crypto exchanges.
Banking Giants Wells Fargo and HSBC To Use New Blockchain Platform To Settle Global Forex Trades
— via The Daily HodlWells Fargo and HSBC Bank are partnering to use a blockchain solution, provided by Baton Systems, to facilitate forex transactions.
FinTech
The Mexican fintech startup Clara has raised $70 million in a series B funding round. The startup helps businesses manage their finances, provide credit cards and manage expenses.
Instant Factoring is a Romanian fintech that offers financing solutions for small businesses: the decision process is extremely fast - 2 hours - and the model of the company has attracted international investments for $6.3 millions.
Banking
Ameris Bancorp, the US bank, acquired the online business lender Balboa Capital. The CEO of Ameris, Palmer Proctor, talks about this acquisition as an opportunity to offer Ameris customers an online lending service.
As we approach the end of the year, Finextra starts drawing conclusions and making predictions for 2022. Future trends involve frictionless payments.
Innovation
Bank of America launches new luxury credit card and expands its Preferred Rewards program
— via CNBCThe card launched on November 22 by Bank of America, with an annual fee of $550, marks the entry of the bank into the market of luxury credit cards.
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