Fintech News Issue #232 August 29th, 2019
Top Stories
5 Ways Fintech is Reshaping the Financial Services Industry
— via Business 2 CommunityBanking institutions, credit unions and big financial players have been playing catch up with new software developments and advances in technology mostly introduced by fintech startups.
All big brands will become fintechs. Since 2016, the fintech team at Canaan has been chasing and building off of this thesis.
Tech founders warn UK at risk of losing global fintech crown
— via City A.M.Tech founders have warned that the UK is at risk of losing its position as the global fintech leader.
FinTech Articles
Numbrs joins fintech unicorn club
— via FinextraSwiss fintech startup Numbrs Personal Finance has joined the unicorn club, raising $40 million from private investors in its latest funding round.
Why Is Uber Hiring So Many Fintech People?
— via ForbesIn an article titled Uber is making a fintech push with a New York hiring spree, CNBC reported that:
Forget millennials, fintechs have eyes for Gen Z
— via Investment NewsThe next big thing is moving beyond client portals and onto voice search
Fujitsu takes on fintech with AI credit-scoring tool for banks
— via Nikkei Asian ReviewSoftware meant to help understaffed lenders approve small-business loans
Up until last week, these fintech startups have made some of the biggest funding rounds in 2019
Meet two women making fintech attractive, approachable
— via InquirerLei Buendia, Refinitiv director for contributed content, customer operations and managed services, and Donna Formilleza, director for Eikon Support.
The People’s Bank of China (PBOC) on Thursday released (in Chinese) a three-year plan with the aim to strengthen support for the fintech sector and curb its risks.
For traditional banks, fintech newcomers offer opportunities, not threats
— via South China morning postIs Hong Kong’s financial district ready for the next wave of fintech?
Startup boosters: FinBlue to mentor fintech startups
— via Financial ExpressIn a bid to foster the country’s fledgling fintech ecosystem, a Centre of Excellence (CoE) christened FinBlue has been launched in Chennai[...]
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