Issue 293 · Dec 3, 2020 Weekly edition · 3 min read

Fintech News

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Lessons From The Fintech Revolutions Of The Past And Winning Post-Covid

Why now is the time for financial services companies to spur innovation and the adoption to new technologies.

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In this issue · 12 items

Visa Partners With Ethereum Digital-Dollar Startup That Raised $271 Million Forbes — Credit card giant Visa today announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin (USDC) developed by Circle Internet Financial on the ethereum blockchain. Open story ↗ Say it to my face Fintech Futures — Every corporate under the sun claims that they have – and want – a feedback culture and everyone says they are open to – nay: welcome – constructive feedback. Open story ↗ What Mastercard’s fintech deals say about payments DigFin — Mastercard’s slew of new Asian fintech partnerships illuminates how it is positioning itself in the region. Open story ↗ Goldman Sachs invests in digital banking tech vendor Amount Finextra — Digital banking technology provider Amount has raised $81 million in a Series C funding round led by Goldman Sachs. Open story ↗ US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters Coindesk — A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins. Open story ↗ Understanding The Limits Of Fintech In Financial Inclusion Forbes — In consumer fintech, a lot of thought and emphasis goes into building solutions for financial inclusion (or financial literacy). This is the right problem for financial services to tackle. Open story ↗ Berlin fintech Solarisbank targets European expansion in 2021 Reuters — Digital banking platform Solarisbank will enter a string of new European markets next year, CEO Roland Folz told Reuters on Monday, as it became the first German bank to shift its entire operation into the cloud. Open story ↗ Why Ethereum and Bitcoin Are Very Different Investments Coindesk — With the long-anticipated arrival of phase 0 of the Ethereum 2.0 upgrade launching on Dec. 1, that could be the network’s native token, ether (ETH). But analysts say ether should be judged on its own merits and not as a bitcoin replacement. Open story ↗ Even with machine learning, human judgment still required in fintech sector The Irish News — A COMBINATION of recent events has seen a rapid acceleration in the adoption and incorporation of technologies by a wide range of firms and institutions in the global financial sector. Open story ↗ A Fintech Charter by Another Name The Regulatory Review — Picture your life without a bank account. Where would you store your money? How would you pay your bills? Who would give you a loan? Open story ↗ Artificial intelligence and machine learning: A new blueprint for the fintech industry Read more at: https://yourstory.com/2020/11/artificial-intelligence-machine-learning-fintech-industry YourStory — AI and ML have transformed the fintech landscape and going forward will have a more prominent role as products developed with new-age tech are more efficient, accurate and fulfil a customer’s needs better. Open story ↗ Why B2B Fintechs Will Change The World Fintech Circle — Revolut, Monzo and the endless stream of wallets, buy-now-pay-laters, loyalty, crypto and alternative payment methods have, in recent years, been defining monikers of fintech. Open story ↗

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