No Data, Please! - Issue #427 August 3rd, 2023

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Diving into the worlds of privacy and sustainability, FinTech Weekly unpacks their intersection - data. We've reiterated in our newsletters how fintech firms, from startups to giants, are reshaping financial systems towards inclusivity and sustainability.

Discover how these themes are influencing global economies:

  • Fintech firms cooperations – The collaboration between Wibmo and Discover Global spawns secure payment methods with advanced fraud prevention.
  • Laso works with payment solution providers to create no KYC cards, negating the need for sharing personal data.
  • ESG reporting software markets are booming with the involvement of firms like Wolters Kluwer and IBM.
  • Ant Group, in partnership with Singapore’s NTU, innovates privacy-preserving technologies.

Privacy isn't just about security - it can foster financial inclusivity, as demonstrated by Laso. But its correlation with sustainability and ESG is complex. Data, if absent, can become a dangerous tool.

Right now, Republicans are pushing for bills that obstruct ESG (Environmental, Social, Governance) investing. They believe that companies should not be obligated to share ESG-related data or take into account ESG proposals from shareholders – since they could potentially harm businesses in profitable industries, such as oil.

On the other hand, some regulators – like the SEC – threaten reliable crypto projects and businesses – which allow for data transparency and inclusivity while correctly protecting privacy.

While people, businesses and investors demand attention to privacy and sustainability, regulators and politicians don't always respond to societal needs, except when dealing with huge companies.

In this edition of FinTech Weekly - "No Data, Please!" - we dissect these dynamics. Follow FinTech Weekly to discover top fintech news and events and stay ahead of the competition!

Top Stories

Top Events

    FinTech World Forum 2023 is based in London UK Europe as one of leading fintech events 2023 for global financial services, finance and banking technology industry. Its focuses on Mobile Payments, Lending, Insurance, Blockchain, Bitcoin, Investment, Money, Crypto, Cryptocurrency, Digital, Innovation, Wallet, Pensions, Funds, Payment, Tech, Financial Services, Technology, Bank, Wealth Management, Insurtech, Regtech and Wealthtech. For more info visit: https://fintechconferences.com/

    Impact Investing Conference 2023 in London is the Impact Investing World Forum (IIWF) 2023 as one of leading social impact investment events for ESG Funds, UN SDGs, Investor and sustainable investing in UK Europe Oxford University. The event brings together hedge funds, wealth management, private equity, venture capital, foundations, endowments, bonds and ESG investing professionals.

    Join your data & analytics peers from leading brands across North America as you discover the latest trends and challenges facing your role.

Podcasts and Videos

Jobs

    Are you looking to be an early contributor to financial operations and internal processes? Look no more, apply to be an early member within Fortress IO.

    Good with word crafting?! Well...at Upgrade you have the perfect opportunity. A new position for Communication Director was just established and waits for you to apply and to design the company’s external and internal overall messaging and positioning in line with the company’s brand and values.

    Cash App is looking for engineers to build data processing systems at scale on top of Cash App’s cloud platform. Their platform needs to be reliable, scalable, extensible, maintainable, and compliant with regulatory requirements.

    Exciting opportunities await in the dynamic world of fintech! Explore all of FintechWeekly's current job listings. Whether you're an industry veteran or a budding professional, our curated selection has something for everyone.

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