Issue 257 · Feb 27, 2020 Weekly edition · 3 min read

Fintech News

In this issue, we have again found a lot of interesting articles for you. We start as usual with our top stories where this week we talk about fintech's role in stakeholder capitalism. Another article answers three

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Fintechs are banking's Transformers. And banks aren’t ready.

Meanwhile, banks are stuck. Stuck with branch networks. Stuck with batch systems. Stuck with paper processes.

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In this issue · 12 items

Ethereum 2.0 9Elements — We have always been big fans of Ethereum, and we've been on the lucky side to have invested into this idea early on. Open story ↗ London Blockchain Week Fintech Worldwide, who is hosting their 6th annual London Blockchain week in March is intensifying its focus on Startups. Open story ↗ Chat Commerce: A Revenue and Engagement Revolution Breaking Banks — Brett King takes a deep dive into the driving forces of FinTech on the African continent! He talks to Pieter de Villiers and Hannes van Rensburg of Clickatell and Nico Jacobs of MTN about the growth of the fintech ecosystem in Africa! Episode sponsored by Clickatell. Open story ↗ Will Facebook become a bank? The Banker — Bankers' greatest fear is that big tech moves into banking. That reality may have just moved closer, writes Brian Caplen. Open story ↗ The Power Of Purpose: Fintech’s Role In Stakeholder Capitalism Forbes — First came the statement from the Business Roundtable redefining the role of business in society. Open story ↗ Reimagining sustainable financing through fintech Business Line — India needs at least $2.5 trillion to meet its climate change actions between 2015 and 2030. Open story ↗ Three Questions for Fintech Product Managers a16z — One of the first challenges I faced when I joined Credit Karma’s product team four years ago was adapting my more generalized product management experience to the specificity of fintech and financial services. Open story ↗ Magic fintech mirror, who is the fairest one of all in 2020? Irish Tech News — From personal finance to payments; from banking infrastructure to fraud, scores of fintech startups across the globe have upended the previously slow moving world of financial services, changed consumer expectations, and challenged incumbents to move beyond the status quo. Open story ↗ How Fintech Startups Are Disrupting the Payments Industry Entrepreneur — They're forcing a large, entrenched ecosystem to adapt. Open story ↗ Bank of Canada won't issue digital currency - yet Finextra — The Bank of Canada has no plans to issue its own digital currency, but says this could change if cash usage drops off significantly or private options such as the Facebook-backed Libra gain widespread adoption. Open story ↗ Investors splash the cash on British fintech startups City A.M. — Global investors poured money into the UK’s fintech sector last year, almost doubling the amount invested here between 2018 and 2019 — despite the rest of the world suffering a slight downturn in funding. Open story ↗ Goldman makes further investment in no-code software firm Unqork Finextra — Unqork is a platform that helps large enterprises build complex custom software and applications without having to write a single line of code - making the process faster, with higher quality, and lower costs. Open story ↗

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Fintechs are banking's Transformers. And banks aren’t ready.

Finance intelligence, minus the noise.

Good questions. Clear answers.

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