Issue 37 · Oct 16, 2015 Weekly edition · 4 min read

FinTech News

New week – new fun. This week's newsletter is the first one to officially feature our FinTech Magazine articles in cooperation with Bank-Verlag. Read more articles at https://magazine.fintechweekly.com and be excited for

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FinTech Podcast #029 – Account change service

Jochen and I had four companies and three guests with us today. Together with bank account change providers Finreach, fino and dwins, we tried to investigate the topic. We talked to> Matthias Eireiner from fin reach, Florian Christ from fino.digital, and Benjam and Alexander Michel from dwins.

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In this issue · 14 items

The most innovative banks of 2015 Chris Skinner reveals the winners and finalists of the Global Banking Innovation Awards at BAI Retail Delivery 2015, including the most innovative banks. Open story ↗ Buttonwood Gathering The finance industry is at the start of an unprecedented period of disruption as a result of digital innovation. A new wave of finance entrepreneurs is starting to shake up the industry status quo, and established industry giants are already responding by embracing digital innovations of their own. What does the future hold for incumbents and new entrants? Open story ↗ Why most Fintech startups will fail but there is no Fintech bubble It is childish to believe in Unicorns and entrepreneurs have to be childish – meaning they have to believe they can beat the odds. Thank goodness for that, for the odds are stacked against startups succeeding and yet some do succeed spectacularly, benefitting everybody. Open story ↗ New Challenges Through Digital Transformation The virtual world created certain new customs. Decision-making has been heavily influenced by the digitalization and this is, of course, also true for bank marketing. Open story ↗ FN Fintech Focus: What’s the biggest challenge to innovation in capital markets? Banks and other financial institutions have been ramping up their innovation efforts over the past few years: launching funds to invest in start-ups, backing a growing number of accelerator programmes and appointing chief innovation officers. Open story ↗ Breaking Banks – Banking on FinTech As the tech disruption takes hold of the financial industries, banks are exploring fintech by supporting accelerators, partnering together, and creating new ways to replace legacy systems. Today, Brett has Dave Birch of Consult Hyperion join the show. Open story ↗ Worldpay tests fraud-preventing facial recognition technology Payments processor Worldpay is investigating the use of facial recognition technology to help combat card fraud in the U.K., the company recently announced in a press release. Open story ↗ How Starbucks Rewards Will Work Through Apple Pay Rewards are arguably the key driver in mobile payments. That’s because: 1) swiping a card is as easy as tapping a phone, though dipping a card may be another matter; and 2) mobile payments in the U.S. basically means Starbucks. Open story ↗ Applications of Machine Learning in FinTech Machine learning is a type of artificial intelligence that provides computers with the ability to learn without being explicitly programmed. The science behind machine learning is interesting and application-oriented. Many startups have disrupted the FinTech ecosystem with machine learning as their key technology. Open story ↗ Banks Can't Get No Tech Respect – Bank of America Has An App For That Well, not an app exactly, but a program — patents, winning lots of patents. Open story ↗ The view from Sibos: Banks in danger of letting digital identity opportunity pass them by As the haze descended on Singapore, banking delegates at the international Sibos conference were peering into the potential of digital identity as a source of new revenues. Open story ↗ Top 100 Banks Using Social Media [STATISTICS] The top banks using social media ranked by their overall Power 100 score for the third quarter of 2015. Open story ↗ Exclusive Interview With Bobbi Leach On The Future Of E-Commerce Financing Solutions And Alternative Payments Options The LTP team recently had the pleasure of interviewing Bobbi Leach, the CEO of FuturePay, a payment option that enables consumers to shop online without a credit card. Open story ↗ Mobile Commerce, Mobile Payments, Mobile Wallets - Where do the boundaries lie? Ever since I have been blogging on the topic on mobile payments over the past few weeks, the themes around "mobile commerce","mobile payments" and "mobile wallets" continue to be a topic of discussion with my professional associates and in my personal networks. Open story ↗

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FinTech Podcast #029 – Account change service

Finance intelligence, minus the noise.

Good questions. Clear answers.

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