Fintech News Issue #81 August 16th, 2016
Top Stories
The Magic of Open APIs
— by LTPAs European banks can’t stop talking about open APIs, further discussion over the matter throws light on opportunities open APIs have in store for the banking industry, businesses and customers. Open APIs are at the core of open banking, which comes with enabled access to data for all relevant participants of the market.
China is disrupting global fintech
— by Joshua BatemanA confluence of factors puts China at the financial technology (“fintech”) forefront: economic advancement, investor behavior, mobile technology, big data, financial industry liberalization, and regulatory acquiescence.
FinTech Articles
How community currencies could help rebalance our economy
— by Geoff MulganCommunity currencies are a window into a possible future. The model is practical, not theoretical. It has shown its usefulness in many places. And it has now reached a point where it deserves to be much more widely known.
International financial institutions and other organizations come to realize the importance of research and blockchain application pilots and projects in discovering the right use case and consequent benefits.
How Smart Data Is Beating Big Data in the Fintech Industry
— by Sheila EugenioWith advances in machine learning and IoT, tech companies, consumers, and retailers are all abuzz about the benefits of big data. Copious amounts of information, that were previously unreachable, are changing the way everyone does business.
'Free-for-all feeding frenzy' PSD2 may be the best thing for Europe's banks
— by Praseeda NairTwo in three European bankers are adopting a risk-averse wait-and-see approach in response to the uncertainty an open application programming interfaces (API) could bring. Here's why the PSD2 mandate could be the best thing for banking since the recessionary shake-up of 2008
Blockchain – what’s in it for insurance?
— by Thomas McCourtieInsurers must look past the gloss and hype from other areas of finance adopting blockchain technology, and consider the real benefits and drawbacks of implementing these systems, says Thomas McCourtie.
Banks And Fintech: From Foes to Friends?
— by Charles KeenanThrough partnerships, licensing deals and incubators, why fintech and banks are getting along surprisingly well these days
World Economic Forum Examines How Blockchain Can Reshape Financial Services
— by Alt Coins NewsOn August 11, 2016, the World Economic Forum (WEF) released a 300-page report entitled The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services, exploring how the financial sector “could overcome current-state pain points through distributed ledger technology (DLT).”
Here's What the Bitcoin Naysayers Get Wrong
— by Arthur Levitt Jr. & Peter SmithNaysayers love to nay. And the bitcoin skeptics — of which there are many — are at it again. In late June, Citi Research released a report that asked, "Could the Bitcoin Blockchain Disrupt Payments?"
Recent News
Cryptocurrencies and ICOs – A Rough Guide to Regulation
David Ramm, Jack Shawdon, Philip Stone
Over the past few years there has been a growing proliferation of cryptocurrencies. More recently, companies which may have limited... 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
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
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
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
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 - 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
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
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