FinTech News Issue #224 is about five really interesting facts on fintech. Also, it shows where fintech is at the moment and where it is leading us. Another top story of the week is the question if banks can beat fintechs when they hurry up? Thanks for reading our latest issue. Enjoy the latest fintech news - Max and the FinTech Weekly team.
One of the world’s biggest sovereign wealth funds says traditional banks can weather the rising tide of fintech rivals if they build similar offerings like mobile banking services before regulators open the flood gates.
Fintech is opening floodgates of opportunity for ambitious startups that previously had no hopes of overcoming barriers to entry in the finance field.
From artificial intelligence to mobile applications, technology helps to increase your access to secure and efficient financial products and services.
As Berkshire Hathaway finishes out Q2 2019, its top 10 performing stocks were dominated by fintech companies that are making innovations in digital payments. Warren Buffett may have bitcoin and crypto to thank.
Now that we've had a little more than a week to decompress from our time in Montauk for Brainstorm Finance, we've been reflecting on everything we learned and culling the key trends that emerged from our discussions with top executives.
Central banks grappling with fast-changing financial technology and companies like Facebook (FB.O) moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements.
You may have seen that I am currently right in the middle of a series of interviews on Open Banking. I talked to a lot of bankers, both on an informal and on a formal way, and I will talk to a lot more.
Investments in Germany’s booming fintech sector may have doubled in the first quarter of 2019 from the same period a year before, but a new PwC Germany study reveals a flip side to the story, as hundreds of companies have quietly died off unnoticed.
Banks are researching blockchain technology to reduce costs.
The year 2019 seems set to be a record-setting one for venture capitalist exit value capture by means of tech IPOs. But fintech doesn't seem to be a part of this picture.[....]
“We really like their technology and the unique value they bring to clients. Nevertheless, they recently stole two good clients from us, so we will not disclose any more information and there’s no way that we will partner with them.”[...]
Fintech companies in India are not just competing with banks and e-commerce players but also collaborating with them to fulfil each other’s needs, keeping the sector abuzz with investment.