It's impressive to see how, in just a few years, the ways we think, travel, and pay have transformed. If we pause for a moment to reflect on how our lives have changed recently, a pressing question emerges: How rapidly will the world continue to evolve in the future? Certainly, we once thought of many of today's realities as mere science fiction. But now, it's time to set aside our fears and concentrate on how we can navigate this ever-changing landscape.
Different regions around the world are burgeoning with innovative fintech businesses. Innovative payment methods are emerging everywhere, from SMEs to tech giants. AI stands out, attracting a significant portion of investments. The gap between the real and the digital world is steadily narrowing.
Are we prepared? In truth, we already possess the tools needed to face the future—it's just a matter of harnessing our creativity and becoming more astute observers.
In this issue of FinTech Weekly, we delve into these topics and much more. Stay ahead of the competition and explore the top fintech news and events with us!
PayPal finally launched its stablecoin pegged to the US dollar. PayPal USD (PYUSD) was created in partnership with Paxos, and it can be used for transactions or to trade other cryptocurrencies available on PayPal.
Unlock access to a community of top-tier fintech professionals by posting your job listings on FintechWeekly. Starting from just €299, you can amplify your recruitment reach and find the perfect match for your team. Post your job today and attract the talent you need to elevate your business.
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.
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/
Tech giants like Amazon, Google, Meta, and Microsoft have entered the AI space. They're also aware of the risks: since generative AI can make it easier to deploy ransomware attacks, these companies are rigorously testing their AI systems to ensure maximum safety.
This role is integration focused and does NOT involve development of Smart Contracts or dApps .
Meanwhile, in Singapore, the crypto brokerage Blockchain.com has received an institutional license from the Monetary Authority of Singapore. Blockchain.com is just one of several companies to receive the Monetary Authority's approval, further solidifying Singapore's reputation as a tech hub.
Illia Polosukhin addresses some of the primary concerns surrounding artificial intelligence. However, AI can be an invaluable tool to assist humans in solving intricate issues. Additionally, blockchain technology can aid humans in managing these innovations responsibly and ensuring they're used for the greater good.
As we're aware, the pandemic prompted individuals and businesses to reevaluate many routine activities. Financial transactions, which form a core part of these activities, underwent significant changes, particularly influenced by technologies like contactless cards. These were relatively less popular pre-pandemic but have since gained traction, impacting not just financial transactions but also areas like mass transit.
Coinage, the first community-owned media, is pioneering new standards in Web3, especially after the community-led acquisition of Sam Bankman-Fried.
The demand for Islam-compliant finance is on the rise. The Nigerian fintech company, Enricher, specializes in this area and is now looking to expand into the UK and North America to cater to the growing global demand.
Amazon recognizes the vast potential in the AI sector and is making substantial investments in this field. Alongside its cloud computing arm, Amazon Web Services, the company is increasingly emphasizing providing business owners with AI-driven solutions.