Issue #287 - 6 fintech trends that will redefine the future of finance

Fintech News Issue #287

2020-10-22

Why Fintech is the Future of Banking?
Why Fintech is the Future of Banking?
via Data Science Central

Financial sector lacks technology products to reach every user wherever they are located. Today around 2.5 billion people (out of 7.8 billion world population) do not have access to financial services.

6 fintech trends that will redefine the future of finance
6 fintech trends that will redefine the future of finance
via South China Morning Post

Technology expected to play pivotal role in helping 1.7 billion people around the world who still have no access to financial services

PayPal to open up network to cryptocurrencies
PayPal to open up network to cryptocurrencies
via Reuters

PayPal Holdings Inc PYPL.O said on Wednesday it will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network.

Insurance Innovators Digital Summit
Insurance Innovators Digital Summit

Digital Summit brings you 8 half day episodes, livestreaming twice a week throughout November. Hear from 100+ international speakers, take part in live chats and Q&As, and network with 2000+ attendees from wherever you are in the world. Each episode also be available to watch on-demand!

Fintech's Wildfire Fighter: This Reinsurer Is Using A.I. To Make California Insurance Affordable
Fintech's Wildfire Fighter: This Reinsurer Is Using A.I. To Make California Insurance Affordable
via Forbes

This year, California wildfires have torched 1.4 million acres, an area bigger than Connecticut. Nine thousand homes and other structures have burned.

The end of free bank accounts is bad news for Monzo and its rivals
The end of free bank accounts is bad news for Monzo and its rivals
via Wired

Banks might be forced to charge millions of people to keep their bank accounts open. For fintechs fighting to break even, it could be fatal

Rich Data Spurs Intelligent Risk Transfer, Cuts Time To Recovery
Rich Data Spurs Intelligent Risk Transfer, Cuts Time To Recovery
via Daily Fintech

In the past few days, promising insurtech ventures competed for top honors, based on impact to the insurance landscape. Innovators were awarded in categories of underwriting platforms, analytics usage among others.

B2B fintech startups descend on Singapore
B2B fintech startups descend on Singapore
via Nikkei Asia

City-state lures foreign entrepreneurs with special visas and financial support

Ant Unveils Blockchain Product as Group Approved for World’s Biggest IPO
Ant Unveils Blockchain Product as Group Approved for World’s Biggest IPO
via Coindesk

Ant Group continues to roll out blockchain-based platforms, announcing a way for content creators to protect their copyright on Thursday.

Visa Takes Stake in U.K. Fintech Global Processing Services
Visa Takes Stake in U.K. Fintech Global Processing Services
via Barron's

Two weeks after Mastercard invested in Marqeta, its archrival, Visa, has taken a stake in another fintech, Global Processing Services, or GPS.

Kraken Relaunches Crypto Trading in Japan After Two-Year Break
Kraken Relaunches Crypto Trading in Japan After Two-Year Break
via Coindesk

U.S.-based crypto exchange Kraken is once more letting Japanese residents fund their accounts and trade crypto on its platform.

Visa Tap to Phone contactless payments programme goes global
Visa Tap to Phone contactless payments programme goes global
via Finextra

Visa has launched its Tap to Phone technology, which enables Android handsets to be used for accepting NFC payments, in more than 15 markets, with the US to follow in 2021.

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Issue #286 - 5 Bank And Fintech Partnership Ideas To Generate Revenue

Monday, October 19, 2020

here is your latest news update in fintech. See Online Fintech News Issue #286 2020-10-15 5 Bank And Fintech Partnership Ideas To Generate Revenue 5 Bank And Fintech Partnership Ideas To Generate

Issue #285 - PPP Scammers Made Fintech Companies Their Lenders of Choice

Thursday, October 8, 2020

here is your latest news update in fintech. See Online Fintech News Issue #285 2020-10-08 Fintechs Should Sell Financial Health, Not Financial Services Fintechs Should Sell Financial Health, Not

Issue #284 - How Fintech Can Help The Financial Health Crisis

Thursday, October 1, 2020

here is your latest news update in fintech. See Online Fintech News Issue #284 2020-10-01 How Fintech Can Help The Financial Health Crisis How Fintech Can Help The Financial Health Crisis via Forbes

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

Thursday, September 17, 2020

here is your latest news update in fintech. See Online Fintech News Issue #283 2020-09-17 Charting the COVID Effect on Fintech Charting the COVID Effect on Fintech via a16z Hemingway famously wrote

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

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