Issue 237 · Oct 3, 2019 Weekly edition · 3 min read

Fintech News

This week's first top store is about revolt which is hiring 3500 staff. Another interesting article is about fintech for the aging. The third top story of our latest issue is about the global innovation supply chain.

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Bank jobs to be decimated by new technology

Analysts at Wells Fargo are forecasting that up to ten percent of bank jobs in the US will be wiped out by ongoing technological progress in the next ten years.

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In this issue · 12 items

Exclusive: Fintech firm Revolut to hire 3500 staff in global push with Visa Reuters — British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with [...] Open story ↗ This Fintech Safari Could Be a Wild Ride Bloomberg Opinion — Africa is a promising terrain for digital banking. But traditional lenders need to be careful to get it right. Open story ↗ Rapyd raises $100M for its ‘fintech as a service’ API, now valued at nearly a $1B valuation Tech Crunch — The digital payments market is forecast to balloon to $3 trillion by 2023 [...] Open story ↗ Traditional banks are struggling to stave off the fintech revolution The Conversation — Traditional banks are haunted by financial technology – fintech – firms. Open story ↗ How To Architect FinTech Apps In 2020 Finextra — Banks and other early Fintech companies, which were built on legacy or some other system are quickly realizing how difficult it is to make changes to their digital services. Open story ↗ Fintech platforms driving financial inclusion Money Control — Hundreds of millions of hardworking, responsible, and essentially credit-worthy Indians are not served by formal or organised-sector financial markets. Open story ↗ Fintech for the aging Bessemer Venture Partners — Technology holds the potential to help solve systemic issues in our wealth management system and allow people to age with fewer financial worries. Open story ↗ Immigration: can fintech help with the transition? Raconteur — Immigrants face an array of financial hurdles when arriving in a new country and some startups are now offering services unavailable from established institutions. Open story ↗ Every Industry Is Banking on Blockchain Technology Medium — In a recent Deloitte report, 69% of executives reported that they plan on replacing their current systems of record keeping with blockchain technology. Open story ↗ 5 hot Irish fintech startups to watch in 2020 Irish Tech News — The Republic of Ireland is a European fintech epicentre. Open story ↗ The Global Innovation Supply Chain: Sourcing New Fintech Ideas From The Rest Of The World Forbes — In Silicon Valley, we often fall trap to insular thinking within our bubble. Open story ↗ Fintech World Forum 2019 (November 18-19, London) FinTech World Forum 2019 is based in London UK Europe as one of the leading fintech events 2019 for the global financial services, finance and banking technology industry. Book your ticket now! Open story ↗

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Bank jobs to be decimated by new technology

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