Issue 343 · Dec 23, 2021 Weekly edition · 3 min read

Issue #343: Gifts, Penalties and Predictions

A new busy week for the FinTech world. Top executives shared their ideas on the path of financial technology and their predictions for the new year. The future of FinTech looks bright, but there are still some issues

Share in X

SEPA Cyber Technologies enters Visa Ready Fintech Enablement programme

The Bulgarian fintech SEPA Cyber Technologies is partnering with Visa to provide customers with all the tools that will allow the digitalisation of financial means and businesses. The fintech firm is creating 1-click services via API.

Read the full story ↗

In this issue · 10 items

Fintech Avant launches digital banking platform The Paypers — The fintech Avant announced new banking services that will allow people to have access to all the financial tools they “deserve”. Cards and loans are among these products. Open story ↗ Money 20/20 USA Meetups: The Opportunity in the Cloud with Avanade and Microsoft The Fintech Times — The Money20/20 event took place in Las Vegas this year: The Fintech Times interviewed many participants, and among these we find Michelle Baxter (Avanade) and Daragh Morrissey (Microsoft). They discuss the transformation of the banking system. Open story ↗ Fintech Companies Have the Power to Advance Financial Inclusivity Entrepreneur — Fintech has the power to change the financial destiny of people and entire countries, but it also has its challenges: the lack of regulation is one of these challenges, and governments and entrepreneurs should focus on balancing challenges and benefits. Open story ↗ Robinhood unveils new crypto gifting feature ahead of the holidays Business Insider — The trading application announces a new feature before holidays: from December 22 users will be able to send crypto gifts - even $1 gifts. Open story ↗ Blockchain enables enterprise business models in the Metaverse Cointelegraph — The virtual environment of the Metaverse is allowing entrepreneurs to create and test new business models: the blockchain technology is helping companies to reach a higher level of efficiency, showing another real-life use case of blockchains. Open story ↗ Asian Financial Forum Asian Financial Forum — AFF is Asia’s premier platform for global leaders in government, finance and business to exchange insights, intelligence as well as to explore business and investment opportunities. Open story ↗ With Fraud Growing, Robinhood Becomes Latest Fintech To Block Customers From Transferring Money From Certain Banks Forbes — Fraud is still an important downside of fintech, and it seems that illegal activity is not going to decrease. One of the strategies that some firms are adopting is to ban transfers from specific digital banks to fight frauds. Open story ↗ Bank of Russia to allow crypto investment via foreign firms: Report Cointelegraph — Even if Russia still doesn’t have a clear attitude towards cryptocurrencies: while the governor of the Bank of Russia Elvira Nabiullina said that the bank wants to prevent people from using cryptos, another executive specifies that cryptos are legal in Russia. But there is one condition: people can invest in cryptos only through foreign companies. Open story ↗ View from the Top: Fintech Trends and Predictions With Planxis, Engine B, Cushon, Kanopi, bSecure The Fintech Times — Five executives of top fintech firms shares their predictions and possible fintech trends for 2022: Nigel Fellows (Kanopi), Mehwish Aslam (bSecure), Ben Polland (Cushon), Franki Hackett (Engine B) and Neville Roberts (Planxis). Open story ↗ CFPB Shuts Down LendUp's New Loan Business, Fines FinTech PYMNTS — The Consumer Finance Protection Bureau addressed LendUp Loans with a $100,000 penalty for repeatedly cheating customers. A big issue for a fintech firm that was funded by top companies like PayPal. Open story ↗

← Previous issue Issue #342 Next issue → Issue #344 - Towards A New Year

SEPA Cyber Technologies enters Visa Ready Fintech Enablement programme

Finance intelligence, minus the noise.

Good questions. Clear answers.

Imprint