Issue 122 · Jun 14, 2017 Weekly edition · 4 min read

Fintech News

What is holding back fintech? Find out and discover more latest news in this week's issue. Some insights on EdTech and InsurTech are also part of this news summary. Thanks for reading! – Michael and the FinTech Weekly

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Fintech5Podcast Ep. 80: Gemma Godfrey – The Money Guru

I’m not sure what’s left for Gemma to accomplish in her career. She is a successful company founder (her company Moola just launched as we were doing the interview), has a new show on “Eat, Shop, Save” on ITV, has been an advisor to Arnold Schwarzenegger on The New Celebrity Apprentice, has a degree in quantum physics, and the list goes on and on.

Read the full story ↗

In this issue · 18 items

Insurtech is set to take the insurance industry by storm Raconteur — Disruptive technology applied to the insurance industry is finding its way into the mainstream of a previously traditional business Open story ↗ Winning in the Digital Economy – Executive Summary Accenture — The urgent business model choices facing retail and commercial banks: what style of shoe do you want? Open story ↗ The EdTech Revolution Unlike the ups and downs of FinTech and the financial markets, EdTech – the use of technology in the form of products, apps and tools to enhance learning – remains constant. Open story ↗ Lending API-fied : Start of P2P Lending Revolution Finextra — National Payments Corporation of India (NPCI) has revolutionised Indian Payment Industry and has removed friction. Open story ↗ 3 trends currently reinventing the financial industry The next web — Finance and trade is one of the oldest skills that mankind has developed after shaping the most preliminary forms of community. Since then, finance has been undergoing developments and revolutions to match the evolution of the human society. Open story ↗ Want to Bring More Services to Your Clients? There’s A FinTech for That CPA Practice Advisor — It used to be that a typical CPA firm did their clients’ taxes, and prepared their P&L and financial statements, and that was that. These days, there are few “typical” CPA firms left. Open story ↗ Chatty bots and AI bank managers: getting inside fintech’s future Wired — What’s next for the rapidly evolving world of money, banking and finance? The first article in the WIRED / J.P. Morgan Re-Think Business series explores the big trends in fintech’s future Open story ↗ The best ways to send money online — comparing Venmo, PayPal, Apple Pay and more With the rise of peer-to-peer payment services like Venmo, splitting the check with friends or reminding your sibling to pay you back isn’t as tiresome as it once was. Open story ↗ PwC Principal: Cryptocurrencies Could Power New Economy Talking boldly, and publicly, about a possible future enabled by bitcoin, ether and cryptocurrencies is suddenly very much in vogue. Open story ↗ What’s Holding Back Fintech? Jonathan Larsen of Chinese insurance giant Ping An says it’s partly customers, partly technology and partly regulators Open story ↗ Visualizing Where Major US Banks Have Invested in Fintech Since 2012, the top ten US banks by assets under management have participated in 72 rounds totaling $3.6B to 56 fintech companies. Open story ↗ A 'digital CFO' in customers' pockets: Where banking should go American Banker — Personalization and automation will be the driving forces behind the evolution of financial services, several digital banking executives said Tuesday in laying out their visions for the future. Open story ↗ Open Banking will make the customer the judge FStech — For FinTech startups globally, ‘Open Banking’ and APIs are providing a wealth of golden opportunities for tech visionaries to develop pioneering solutions for SME banking customers. Open story ↗ How to get Private Equity “out of the dark ages” FinTech Weekly Magazine — Alternative investments are on a tear, and no asset class has seen more growth than private equity. According to a recent study by eVestment, Assets under Administration (AUA) grew 44% from 2015 to 2016. This influx of capital has caused major ripple effects across the entire private equity landscape, with fund managers competing intensely to attract investor capital. Open story ↗ ‘We’re in production’: Bank execs on the state of play for blockchain American Banker — Think of getting blockchain up and running in banking as a journey, not a destination. Open story ↗ Digital Payments Approching Universal Acceptance In the world of payments, consumers want transactions to work securely and seamlessly within their daily lives. This is true with bill pay, person-to-person (P2P) payments and even with checks. These preferences extend to mobile wallets as well, according to a consumer preference study from Fiserv. Open story ↗ Banks Must Disrupt Themselves, Not Consumers, Citi Fintech CEO Says Bank Innovation — Better customer service comes from disruption within, not from trying to change consumer behavior, according to Yolande Piazza, CEO of Citi Fintech. Open story ↗ AI in Banking – An Analysis of America’s 7 Top Banks techemergence — While tech giants tend to hog the limelight on the cutting-edge of technology, AI in banking and other financial sectors is showing signs of interest and adoption – even among the stodgy banking incumbents. Open story ↗

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Fintech5Podcast Ep. 80: Gemma Godfrey – The Money Guru

Finance intelligence, minus the noise.

Good questions. Clear answers.

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