What’s the Best Country for Tech Biz & Talent? - Issue #422 June 29th, 2023
In this FinTech Weekly newsletter we cover a lot of news related to financial technology, AI, banking, blockchain. And a lot of this week’s content has to do with Asia – Singapore in particular. The country is working hard to become the global hub for fintech, AI and Web3. Moreover, Crypto.com is setting up its new global hub there. In the meantime in Europe, London is a great choice for AI tech businesses and talents, but Vilnius might offer more advantages. This and much more in this number of FinTech Weekly, the newsletter to discover top fintech news and events and stay ahead of competition!
Top Stories
OpenAI might have a new powerful competitor. Demis Hassabis, CEO of DeepMind – the AI subsidiary of Google – said that the upcoming Google’s AI Gemini will be “more capable” than ChatGPT.
Top Events
Join your data & analytics peers from leading brands across North America as you discover the latest trends and challenges facing your role.
Podcasts and Videos
Banks are in an AI talent war and Revolut launches the 'Ultra' account | Fintech Insider News | 753
— via Fintech Insider PodcastA new episode of FI podcast to discuss recent fintech news with Jonas Lornell (Majority) and Nadia Edwards-Dashti (Harrington Starr). Among the most discussed topics, the AI talent war involving banks – that are including a significant percentage of AI roles in their job ads.
Jobs
If you are ready to be part of the future of gaming, join us at XBorg!
We are looking for a Product Manager to help create amazing digital experiences for our users that include web and mobile web.
Crypto
Crypto-based financial products will become more popular. HSBC opens futures Exchange Traded Funds (ETFs) based on Bitcoin and Ethereum to its Hong Kong customers.
Banking
Banks & Cryptocurrencies. In the European Union, lawmakers agreed on the capital requirements for banks that hold cryptocurrencies. This is a transitional regime, in force until the European Commission implements banking reforms included in Basel III.
Innovation
Crypto.com to set up global R&D hub in Singapore to focus on blockchain, Web3 and AI
— via The Straits TimesThe popular Singapore-based Crypto.com is setting up its global innovation hub in Singapore. This will help the company to focus on innovations concerning blockchain technology, artificial intelligence and Web3.
Fintech
The popular Berlin-based fintech SaveBetter invests in brand awareness. After the conclusion of a multi-stage process, the fintech company – focused on savings products – rebrands as Raisin.
The fintech Ramp, focused on providing automation tools to businesses to help them save time and money, announced the acquisition of the AI customer support platform Cohere.io. In this way, customers’ tickets will be resolved faster and in an accurate way.
As reported by Zosia Wanat (Sifted), Vilnius is repeating the history of its foundation. If 700 years ago the city was founded because of the letters sent by the king across Europe to invite people to settle in a new town in exchange for tax exemptions, now Vilnius is trying to attract the most talented tech experts in Europe.
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