Issue 261 · Mar 26, 2020 Weekly edition · 3 min read

Fintech News

In our current issue, we have as always three top stories for you. It's about the challenges and possibilities of fintech resulting from the coronavirus. We also have an interesting article about fintech companies that

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Django Stars

For more than 8 years they help startups disrupt mortgage, lending, investment and other financial markets. Contact Django Stars team at [email protected]

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In this issue · 12 items

British fintech Revolut launches banking app in U.S. Reuters — British fintech firm Revolut Ltd on Tuesday launched its banking app and debit cards for customers in the United States as it seeks to expand beyond its base in the UK and Europe. Open story ↗ A List Of Fintech Firms Providing Free Technology During The Coronavirus Crisis Forbes — To help banks help their customers through these trying times, many fintech providers are extending free, discounted, or accelerated deployment offers to financial institutions. Open story ↗ Fintech in coronatimes: Why some sub-sectors are especially vulnerable in a downturn Sifted — A sector-by-sector analysis of what might happen to European fintechs during a downturn. Which are most at risk and which might profit? Open story ↗ UK Fintech Firm Finastra Hit By Ransomware, Shuts Down Servers Bleeping Computer — Finastra, a leading financial technology provider from the UK, announced that it had to take several servers offline following a ransomware attack detected earlier today. Open story ↗ Organizations Must Double Down On Innovation Now The Financial Brand — The push for digital banking amid the growing emphasis on COVID-19 social distancing has put a spotlight on those organizations that have lagged behind the marketplace with digital delivery and digital transformation. But, can laggard organizations pick up the pace when the rest of the world grinds to a halt? Open story ↗ CasperLabs Pivots Away From Ethereum to Fundraise With Its Own Blockchain Coindesk — Some crypto startups, including Solana and Dapper Labs, are eager to execute fundraising plans regardless of any coronavirus-induced downturn. Open story ↗ Coronavirus: New Challenges and Opportunities for Fintech Finance Magnates — The paradigm shift that the coronavirus has caused will leave permanent marks on the fintech industry. Open story ↗ Mastercard enables contactless limit raise across 29 countries Finextra — Today Mastercard announced its commitment to enabling the increase in contactless payment limits across Europe. Open story ↗ Moven to wind down consumer unit as spin-off funding withdrawn Finextra — Moven is to shut down its direct-to-consumer PFM offering following the withdrawal of multi-year funding as a result of market conditions. Open story ↗ The murky world of India’s fintech scams liveMint — As fears of coronavirus droplets on cash drive Indians towards digital payments, here’s how you can avoid frauds Open story ↗ Fintech and the coronavirus pandemic Roll Call — Fintech Beat sits down with Brookings’ Aaron Klein to talk about the Federal Reserve’s responses to Wall Street’s historic declines, and what the pandemic means for fintech in light of the sector’s strengths--and weaknesses. Open story ↗ New Coronavirus fintech taskforce offers support to SMEs Finextra — A group of fintech firms from the lending sector have come together to form a taskforce to help SMEs get funding during the Coronavirus crisis. Open story ↗

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