Issue #381 - Anonymous, But Together – And Driven By Data September 15th, 2022

Top Stories

Sustainable Finance

    Since we’re talking about sustainable finance, a European city was elected the center of sustainable finance education. The city is Edinburgh, the Scottish capital, where financial leaders recently met to address global financial issues. In particular, the University of Edinburgh Business School (UEBS) partnered with the Asian Banking School, which was looking for the right partner to create a new education program for current and future banking leaders that covers fintech and the future of finance, among other topics.

Top Events

    Ten locations, three challenges, one fantastic opportunity! The ‘Space for the Financial World’ hackathon is here! This time we are aiming to advance the digitalisation and greening of the European financial sector. FinTech enthusiasts and professionals alike join us November 4-6 and put your problem-solving skills to the test. Get involved today:

    FinTech Weekly EXCLUSIVE: claim your FREE conference pass here (*subject to approval)

    Attend the premier conference for data & analytics leaders in North America – Chief Data & Analytics Officers, Fall on October 10-12, 2022 in Boston, MA. New this year is a personalized learning and networking track for data & analytics executives serving the Financial Services industry. Join your peers who understand your challenges and celebrate your successes when it comes to the nuanced intricacies of data & analytics. Qualified data & analytics folks can attend at no cost with a VIP pass.

Podcasts and Videos




    It’s no mystery that the fintech market is going through a difficult period: economic crisis, more aggressive regulatory frameworks, and higher inflation are affecting investments in the market. Even UK fintech investments are experiencing a slowdown, but interestingly enough it seems that the most resilient sector is regtech.

    According to Future Market Experiences, the BNPL (Buy Now Pay Later) market should reach a value of over $45 billion by 2031. Despite risks related to the amount of debt people can accumulate, and although regulators want to treat this service as traditional loans, people tend to prefer this business model and retailers can impressively benefit from it. Another concern of regulators is related to data shared by customers, but despite this, many startups were born to facilitate the adoption of this model and top companies integrated it with their businesses. An example is PayPal Holdings, which in September 2021 acquired Paidy, one of the top BNPLs in Japan.

    A pivotal element in digital lending is actually data analysis. To implement this kind of analysis, AI modeling and machine learning play major roles: to better assess the credit worthiness of each borrower, artificial intelligence is able to gather and analyze data that doesn’t seem to be directly connected to credit history, like social media profiles and digital behavior of each user. If this improves lending businesses to improve conversion rates, customers share a huge amount of data to use digital lending services.