Issue 148 · Dec 27, 2017 Weekly edition · 4 min read

Fintech News

The last issue of 2017 is exactly what you would it expect it to be. Reviews, predictions and just what you need after these merry Christmas days. Enjoy and come back for more...next year. – Michael and the FinTech

Share in X

A Primer on AI in Financial Services

At a high level, Artificial Intelligence (AI) is a branch of computer science that makes machines imitate intelligent human behavior, simulating (and often exceeding) human performance. AI has finally emerged as the future...

Read the full story ↗

In this issue · 14 items

5 New Year’s Resolutions for FinTech Medium — FinTech’s omnipresence in our lives means that it deserves its own special place in our end-of-year reflections. As 2017 comes to a close, we can look back on what has gone well throughout the year, what needs improvement, and how the industry can get off to positive start in 2018. Open story ↗ Where fintech dollars will go in 2018 American Banker — 2018 looks to be a good year for U.S. fintech companies, as banks plan to step up their investments. Open story ↗ 5 Trends to Watch in Banking Technology in 2018 BizTech — APIs, artificial intelligence, easier mobile banking, new forms of security authentication and the Internet of Things will help banks modernize their technology. Open story ↗ Bitcoin's Real 2018 Bottleneck Coindesk — After a year of explosive price growth, forks, failed forks and more, there is much that can be said about bitcoin in 2017. Massive strides were taken, and much has been learned. However, as we push further into uncharted waters, what happens from this point onward continues to be just as divisive a topic as ever. Open story ↗ Editable Blockchains? Mining Futures? 2017 Saw Crypto Patents Pile Up Coindesk — The past 12 months have seen a range of patent applications focused on cryptocurrency or blockchain applications, including some from notable firms such as banking giant Bank of America and credit scoring giant FICO. Open story ↗ Biometrics as the Catalyst: FinTech Pulls Away From Banks LTP — The development of biometrics on mobile devices is set to have an outsized impact on mobile wallets and international money transfer. Advances such as fingerprint login, retinal scan, and facial recognition offer a rare opportunity for remittance companies to both combat fraud and improve the user experience. Open story ↗ A Central Bank Cryptocurrency? Not in 2018 Coindesk — Central banks may be the 800-pound gorillas of the financial universe, but they have largely kept their hands off of bitcoin and other cryptocurrencies, preferring to monitor developments from a distance. Open story ↗ The Death of the ICO (And 4 Other 2018 Predictions) Coindesk — If 2017 was the year of the ICO, 2018 will be the year of the great ICO hangover. It will also be the year major financial institutions adopt digital assets, and mark the birth of hybrid blockchains. Open story ↗ Building the fintech hub – Interview with N26's Head of International Markets, Alexander Weber FinTech Weekly Magazine — FinTech Weekly interviewed Alexander Weber, Head of International Markets at mobile bank N26. We briefly talked about their market expansion to the UK and US, building the fintech hub through partnerships with incumbents and fintechs and why N26 does not fear the tech giants in banking. Open story ↗ Fintechs that flamed out or faded in 2017 American Banker — The year in fintech exits. Whenever an incipient industry emerges, the first phase is marked by the arrival of new entrants, which is followed by a period of consolidation. Open story ↗ Open APIs will irrevocably change banking American Banker — A new European Union payments directive is set to go live next month — and for U.S. bankers, it’s worth keeping an eye on. Open story ↗ The Value of Settlement Finality Elaine's Idle Mind — It’s tough being an online supplement vendor. Here you are, an honest American, selling faith and hope to customers in search of salvation by way of penis enlargement pills. Or weight loss drugs. Or Schedule II narcotics. The stuff dreams are made of. Open story ↗ How Conversational AI Defines the Future of Finance – Exclusive Interview With Zor Gorelov, CEO of Kasisto LTP — AI could boost banks’ revenues by 3.4% and cut costs by 3.9% over the next three years, UBS says. While AI-powered technologies have significant challenges to overcome, entrepreneurs move the industry forward by introducing the next generation of capabilities to the financial services industry. Open story ↗ Data: The Raw Material of Both Computing and Finance Tech Native — The finance function has always been at the forefront of advances in computing. Open story ↗

← Previous issue Fintech News Next issue → Fintech News

A Primer on AI in Financial Services

Finance intelligence, minus the noise.

Good questions. Clear answers.

Imprint