Fintech News Issue #47 December 22nd, 2015

Today Brett talks to Tim O’Reilly, founder and CEO of O’Reilly Media, one of the foremost tech publishers in the world, who also hosts conferences on technology topics. Ben Lorica, the Chief Data Scientist at O’Reilly Media also joins the conversation about the place of FinTech in the larger tech ecosystem and what we can expect in the next 10 years.

Heute mal wieder eine Runde nur zu zweit. Jochen und ich habe das Jahr revue passieren lassen und hatten daher kein echtes Thema.

This week we talk Facebook+Uber+Braintree, what are they up to? Apple Pay and Samsung enter China partner China Union Pay, Target’s rumored new Wallet App using NFC, Global Payments acquires Heartland Payment systems, Pinterest Buyable pins now come with price tracking, plus new segments in our show, including Limelight where we showcase a new startup, a personality and an article/blog article we might have read about.

There has been a lot of excitement in the last many years about how mobile money systems can bring financial services to previously underserved people. Mobile money systems make it possible to deliver various services at affordable costs to remote areas and groups of disadvantaged and low-income people that brick and mortar banks can not serve.

This BankNXT roundup post is about bitcoin and blockchain, two dominant subjects in the payments industry in 2015.

Many of my colleagues in the industry are sharing their perspectives for 2015 and their crystal predictions for 2016. LTP co-founder Amit Goel has recently published his comprehensive review and the LTP 2016 Prediction Podcast continues in its second and third act for the season. Many others will add their words of wisdom.

Below is an excerpt of the soon to be released Digital Banking Report entitled, '2016 Retail Banking Trends and Predictions', with insights from a crowdsource panel of close to 100 global financial services leaders.

The distributed ledger – the central nervous system of the Bitcoin system – is the most sweeping departure from the long-standing financial bookkeeping practices followed since the codification of the Medici’s double entry accounting system

2015 was no doubt the year Fintech captured the imagination. The flurry of activity in the last quarter alone was frenetic to say the least.

RBR’s new report, Payment Cards Issuing and Acquiring Europe 2016, shows that the European payment cards market is still growing despite some markets in the region approaching maturity, and that significant potential remains.

New Year thought: Not just frequency, but loyalty.Matt

'All of a sudden being a CTO at a bank is sexy'

Why do consumers get to have all the fun?

The levels of financial technology adoption among consumers are set to grow significantly in the next year, a change that will require traditional financial services companies to revisit their customer service strategies to compete effectively with new market entrants, according to EY’s first FinTech Adoption Index.

This week, our Data Digest is all about corporate finance. Analysts may be releasing new research and surveys about the upcoming trends for 2016 this time of year. But as the numbers suggest, the future of business banking is far from clear-cut.