Issue 69 · May 27, 2016 Weekly edition · 3 min read

Fintech News

Welcome to issue #69 of FinTech Weekly! We're sorry the recent issue came out late. We were busy at the Pioneers Festival in Vienna this week – and of course we will serve you some interviews and insights from the event

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Breaking Banks: Learning from fintech for other industries

Brett King returns to the Breaking Banks hosting chair to talk about disruption in the insurance industry, learning from fintech, and other hot topics.

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In this issue · 11 items

Why digital banking pioneers are as big a story as fintech Digital banking laggards are under serious existential threat, says Sudhir Kesavan, and digital pioneers are leading the charge. Open story ↗ Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billion For the first time since its creation, Bitcoin is in danger of losing its status as the world's leading cryptocurrency. The new challenger is a Bitcoin-like technology called Ethereum that has seen a surge of interest from users, developers, and the corporate world. Open story ↗ Cards & Payments Middle East (May 31 - June 1) This is your chance to be a part of the most exciting growth the world has seen around smart cards, payments and identification. Attendees coming from the Middle East, North Africa, Indian Subcontinent, Asia and Central Europe for the fastest growing payment show in EMEA. Open story ↗ Eliminate Those Pesky Digital Speed Bumps Consumers today have no patience. They want instant gratification. This means simplifying everything. You must chop out steps and minimize the number of clicks to perform any task in digital channels. Open story ↗ We might want an irreversible anonymous blockchain but not for irreversible anonymous payments My preferred method of accelerated learning is arguing with smart people, and the Congress delivered them in spades. But before I come back to this particular argument, let’s just frame the big picture. Open story ↗ Blockchain For Financial Inclusion Like any new technology, blockchain is morally neutral. It can be used to decrease costs and inflate bank profits. It can be used to expand the reach of financial services to the world’s poorest people. Open story ↗ How The Blockchain Will Transform Everything From Banking To Government To Our Identities With blockchain, for the first time, we have a new digital medium for value where anyone can access anything of value — stocks, bonds, money, digital property, titles, deeds — and even things like identity and votes can be moved, stored and managed securely and privately. Open story ↗ The future of banking, money and finance (a presentation) Chris Skinner provides some interesting resources around the topic of the future of banking, including a video of his presentation. Open story ↗ The internet of blockchains, or something I’ve said a few times that I think the Internet of Things is where mobile was a couple of decades back. Some of us had mobile phones, and we loved them, but we really didn’t see what they were going to turn in to. Open story ↗ PSD2: move with the times or get out of the race Heads up guys. PSD2 is coming to a payment screen near you. And for those who don't know about it, here’s a quick trailer. So, just what is it? Open story ↗ The DAO of accrue IT SOUNDS like a cult, but it wants to be a venture-capital fund of sorts. As The Economist went to press, the DAO (short for decentralised autonomous organisation) had already raised the equivalent of nearly $150m to invest in startups. This, say its fans, makes it the biggest crowdfunding effort ever. Open story ↗

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Breaking Banks: Learning from fintech for other industries

Finance intelligence, minus the noise.

Good questions. Clear answers.

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