Fintech News Issue #261 March 26th, 2020
Podcasts & Videos
Organizations Must Double Down On Innovation Now
— via The Financial BrandThe push for digital banking amid the growing emphasis on COVID-19 social distancing has put a spotlight on those organizations that have lagged behind the marketplace with digital delivery and digital transformation. But, can laggard organizations pick up the pace when the rest of the world grinds to a halt?
Fintech and the coronavirus pandemic
— via Roll CallFintech Beat sits down with Brookings’ Aaron Klein to talk about the Federal Reserve’s responses to Wall Street’s historic declines, and what the pandemic means for fintech in light of the sector’s strengths--and weaknesses.
Top Stories
To help banks help their customers through these trying times, many fintech providers are extending free, discounted, or accelerated deployment offers to financial institutions.
A sector-by-sector analysis of what might happen to European fintechs during a downturn. Which are most at risk and which might profit?
Coronavirus: New Challenges and Opportunities for Fintech
— via Finance MagnatesThe paradigm shift that the coronavirus has caused will leave permanent marks on the fintech industry.
Fintech Company of the week
For more than 8 years they help startups disrupt mortgage, lending, investment and other financial markets. Contact Django Stars team at [email protected]
FinTech Articles
British fintech Revolut launches banking app in U.S.
— via ReutersBritish fintech firm Revolut Ltd on Tuesday launched its banking app and debit cards for customers in the United States as it seeks to expand beyond its base in the UK and Europe.
UK Fintech Firm Finastra Hit By Ransomware, Shuts Down Servers
— via Bleeping ComputerFinastra, a leading financial technology provider from the UK, announced that it had to take several servers offline following a ransomware attack detected earlier today.
Some crypto startups, including Solana and Dapper Labs, are eager to execute fundraising plans regardless of any coronavirus-induced downturn.
Today Mastercard announced its commitment to enabling the increase in contactless payment limits across Europe.
Moven is to shut down its direct-to-consumer PFM offering following the withdrawal of multi-year funding as a result of market conditions.
The murky world of India’s fintech scams
— via liveMintAs fears of coronavirus droplets on cash drive Indians towards digital payments, here’s how you can avoid frauds
New Coronavirus fintech taskforce offers support to SMEs
— via FinextraA group of fintech firms from the lending sector have come together to form a taskforce to help SMEs get funding during the Coronavirus crisis.
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Explore Meetups
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