Issue #283 - 10 Reasons Why User Experience Is Sabotaged In Digital Banking

Fintech News Issue #283

2020-09-17

Charting the COVID Effect on Fintech
Charting the COVID Effect on Fintech
via a16z

Hemingway famously wrote that there are two ways to go bankrupt: gradually, then suddenly. In many ways, the impact of technology on our day-to-day financial choices has followed a similar trajectory. Fintech has been a gradual, but enormously consequential force of change in financial services over the past decade.

Launching A Fintech Platform For Growing Unicorns
Launching A Fintech Platform For Growing Unicorns
via Forbes

Data is eating the world and today it launched Team8 Fintech, a startup foundry with the mission of growing future fintech unicorns, finding new ways for data to drive financial decisions.

10 Reasons Why User Experience Is Sabotaged In Digital Banking
10 Reasons Why User Experience Is Sabotaged In Digital Banking
via Forbes

Almost every financial institution invests a lot of effort and money into experience design, as this ensures a competitive advantage in the digital age. Unfortunately, sometimes results are pitiful.

Online Seminar: Playbooks for Insurance Advisor Onboarding and Success. Empower your frontline advisors to hit the ground running from day 1

Fintech sector faces "existential crisis" says McKinsey
Fintech sector faces "existential crisis" says McKinsey
via Finextra

The global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up during the ongoing Covid pandemic.

Kraken Wins Bank Charter Approval
Kraken Wins Bank Charter Approval
via Kraken

We are thrilled to announce that the State of Wyoming has approved Kraken’s application to form the world’s first Special Purpose Depository Institution (SPDI), tentatively called Kraken Financial.

Market value of big fintech companies rises to $1 trillion, more than the largest banks
Market value of big fintech companies rises to $1 trillion, more than the largest banks
via CNBC

There may be a changing of the guard underway in financials.

Open banking API calls – what lies ahead?
Open banking API calls – what lies ahead?
via Konsentus

Will monthly open banking API calls reach 20bn by December 2022? Our data projections look at the possible scenarios over the next two years

There’s a new wave of challenger banks looming, and profitability is on their mind
There’s a new wave of challenger banks looming, and profitability is on their mind
via Sifted

If you’ve had enough of digital banks, avert your eyes now — because there’s an entire new generation on the horizon.

Why Israeli fintechs are becoming a hot prize for investors — and big banks
Why Israeli fintechs are becoming a hot prize for investors — and big banks
via Sifted

Israel’s startup scene is best known for its pioneering — often controversial — security and artificial intelligence projects; several of which boast international governments and multi-nationals as clients.

UK banks sign Fintech Pledge
UK banks sign Fintech Pledge
via Finextra

Some of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms.

The Highest-Funded Fintech Startups in the World
The Highest-Funded Fintech Startups in the World
via Statista

According to a recently published report by CB Insight, Grab is the highest-funded fintech startup (currently private, up-and-coming company) in the world.

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Issue #282 - Where Challenger Banks May Yet Stumble

Thursday, September 10, 2020

here is your latest news update in fintech. See Online Fintech News Issue #282 2020-09-10 Where Challenger Banks May Yet Stumble Where Challenger Banks May Yet Stumble via finews The emergence of

Issue #281 - Banks aren’t as stupid as enterprise AI and fintech entrepreneurs think

Friday, September 4, 2020

here is your latest news update in fintech. See Online Fintech News Issue #281 2020-09-03 Robinhood May Face $10M SEC Fine Over Disclosure Failures Robinhood May Face $10M SEC Fine Over Disclosure

Issue #280 - Coronavirus will accelerate the fintech revolution

Thursday, August 27, 2020

here is your latest news update in fintech. See Online Fintech News Issue #280 2020-08-27 Insurance Getting A Fintech Facelift Insurance Getting A Fintech Facelift via Forbes Traditionally viewed as a

Issue #276 - Self-Driving Money Is Coming To Consumer Fintech

Thursday, July 23, 2020

here is your latest news update in fintech. See Online Fintech News Issue #276 2020-07-23 Self-Driving Money Is Coming To Consumer Fintech Self-Driving Money Is Coming To Consumer Fintech via Forbes

Issue #275 - The enormous opportunity in fintech

Friday, July 17, 2020

here is your latest news update in fintech. See Online Fintech News Issue #275 2020-07-20 Wirecard Fraud Is Risk Management Lesson For Fintech Companies Wirecard Fraud Is Risk Management Lesson For

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