Issue 258 · Mar 5, 2020 Weekly edition · 3 min read

Fintech News

In our latest issue, we couldn't get past the Corona-Virus either. So in our Fintech articles you will find some interesting articles about the Corna-Virus. Our top stories start this week with an article about the good

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A good fintech founder aims to solve problems, not make money

Propel partner Jay Reinemann shares his advice for fintech entrepreneurs

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In this issue · 13 items

What Will Drive Fintech in the 2020s Lend Acadamy — In this guest post Victor Santos, founder of Boston mobile banking startup Airfox digs into what we might expect from fintech throughout the 2020s Open story ↗ These iPhone apps know how you’ll spend and save money — even before you do CNBC — Smartphones have become mini financial coaches in the pockets of millions of Americans. Open story ↗ Robo-advice market is a glimpse of evolution in banking Finextra — Germany’s growing robo-advisory market could be seen as a bellwether for how the country’s banking market will evolve, according to a new research paper by Deutsche Bank. Open story ↗ Chinese payments giant Ant Financial buys a stake in Swedish fintech start-up Klarna CNBC — Ant Financial has bought a minority stake in Klarna for an undisclosed amount. Open story ↗ OK, but the end of cash must be in sight? #coronavirus The Finanser — Last week, MIT (Massachusetts Institute of Technology) issued their top ten technologies for the next decade, one of which is digital money Open story ↗ The Next Revolution In Personal Finance: The Financial Feed Forbes — Thank you for pulling yourself away from your Facebook feed, your Twitter feed, your LinkedIn feed, your Instagram feed, your Snapchat feed, and your [what-else-am-I-missing?] feed in order to spend the three minutes it will take to read this. Open story ↗ Fight Over Consumer Data Ownership Pits Banks Against Fintechs The Financial Brand — In the absence of a regulatory structure for open banking and data sharing in the U.S., the market has hobbled along with the less-than-satisfactory 'screen scraping.' Open story ↗ Microsoft, EY And ConsenSys To Make The Public Ethereum Blockchain Safe For Enterprises Forbes — Blockchain, as a new technology, has faced fair critique in the last few years that it is a solution looking for a problem. Open story ↗ WHO urges switch to contactless to slow virus transmission Finextra — The World Health Organisation is advising consumers to avoid handling bank notes and instead switch to contactless payments to deter the spread of the deadly coronavirus. Open story ↗ The Post-Trust Election: CoinDesk Hits the 2020 Campaign Trail Coindesk — The 2016 election was a rude awakening for anyone with faith in democracy. Open story ↗ Amazon, Walmart, the Secret Battle for FinTech Supremacy: Part II NCFA Canada — As Walmart rushes to become Amazon before Amazon can become Walmart, the impressive way Walmart has addressed the problem reminds me of a quote from Jim Collins in his bestseller “Good to Great”: Open story ↗ The Unique Challenges To Scaling Fintechs In Emerging Markets Forbes — Scaling startups is hard no matter where they are built. However, in emerging markets, entrepreneurs face a range of unique challenges to succeed. Open story ↗ Merger Madness Breaking Banks — Jason Henrichs and Brett King host Steve Allocca of Lending Club & Mike Butler of Radius Bank to talk through the major elements that have been changing the landscape of fintech and the mergers happening today! Then, Dara Tarkowski of Actuate Law and host of Tech on Reg explains the regulatory effects of merger madness! Open story ↗

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A good fintech founder aims to solve problems, not make money

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