Issue 36 · Oct 7, 2015 Weekly edition · 3 min read

FinTech News

The first FinTech Weekly issue in October is packed with news. Our top stories explore the possibilities selfies might bear for digital payment. Other people found out that people trust Amazon more than banks and, by the

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FinTech Podcast #028b – Compliance & MASin

This week we continued last week's podcast with our guest Steffen von Blumröder from BITKOM. After a quick recap, we talked about issues of regulation in the fintech world for about one hour. Tune in.

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In this issue · 14 items

Understanding blockchain and the opportunity for financial institutions So much emphasis is now placed on our world being digitised, from our social interactions to how we browse and purchase items, to capturing our experiences via live streaming apps and photo-sharing sites to mention just a few. It was only a matter of time until money also went digital. Open story ↗ Why Israel is leading fintech innovation Over the past couple of decades, Israel has developed a strong fintech ecosystem thanks to continued overseas interest, a local commitment to innovation, and a community that’s dedicated to addressing the emerging needs of this industry. Open story ↗ Breaking Banks: GlobalGoal1- Eradicate Poverty through Financial Inclusion The UN Global Goals outline 17 goals to End Poverty, Fight Inequality and Injustice, and Fix Climate Change. As you wonder about each of them, you realize that all of the goals are interdependent. Open story ↗ Will MasterCard really let users pay by 'selfie'? Securing cards is no easy feat since it is a given that there is an innovative, evolving and increasingly professional legion of cybercriminals actively seeking to grab as much user data and as many card numbers as possible. Open story ↗ The Internet Gang of Five Pulls Ahead Of Banks In Trust, Even Privacy Amazon, Apple, Facebook, Google and PayPal, the Gang of Five in the words of Mary Monahan, EVP at Javelin Strategy & Research, are more trusted than banks. Open story ↗ Santander InnoVentures Invests $4 Million in Ripple SAN Innoventures, the venture arm of the Santander Group, one of the world’s largest banks, announced today that it has put $4 million into Ripple’s Series A funding round, which now totals $32 million. Open story ↗ Federal Reserve Bank Task Force Sets Terms For New Payments Solution The Chicago Federal Reserve bank’s task force on improving the US payments system yesterday released a check list of criteria a new solution should meet. Open story ↗ TAS Group Cashless 3.0 gets Oracle thumbs up TAS Group today announced that Cashless 3.0 has achieved Oracle Exadata Ready, Oracle Exalogic Ready, Oracle Database Appliance Ready and Oracle Big Data Appliance Ready status through Oracle PartnerNetwork. Open story ↗ It’s About the Blockchain We’ve been working with bitcoin at Glenbrook for a few years now, teaching about it in our boot camps, and holding one-day workshops on math-based currencies and blockchain technology. Open story ↗ Big banks team on reference data utility Goldman Sachs, JPMorgan Chase and Morgan Stanley are teaming with SmartStream to create a new reference data utility, providing validation across all asset classes while sharing operations and technology costs. Open story ↗ Barclays Launches Biometric Banking Hub Barclays has launched a new high-end banking service that lets its largest customers stay secure by using biometric security. Open story ↗ The future of banking: four scenarios Alessandro Hatami considers four scenarios when it comes to the future of banking. Open story ↗ The two Estonians taking on the banks at currency exchange Kristo Kaarmann, one of the founders of peer-to-peer money sending firm TransferWise, has a glint in his eye as he recounts how the business he created with his friend Taavet Hinrikus has grown. Open story ↗ With Winklevoss Bitcoin Exchange, Digital Currency Grows Up Cameron and Tyler Winklevoss were among a group of investors who put $1.5 million into BitInstant, a bitcoin exchange founded by a guy named Charlie Shrem. Open story ↗

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FinTech Podcast #028b – Compliance & MASin

Finance intelligence, minus the noise.

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