Issue #290 - Fintech M&A rebounds from the pandemic

Fintech News Issue #290

2020-11-13

China Vows Escalation in Clampdown on Fintech’s Dominance
China Vows Escalation in Clampdown on Fintech’s Dominance
via Bloomberg

China’s top banking watchdog doubled down on a push to rein in financial technology companies such as Ant Group Co., promising to eliminate monopolistic practices and strengthen risk controls in the industry.

How fintech brands are winning the next generation of customers
How fintech brands are winning the next generation of customers
via Google

A big shift in the financial services industry is well underway. Consumer trust — the primary driver of brand preference — is no longer dependent on institutional legacy or brick-and-mortar footprint.

Fintech M&A rebounds from the pandemic
Fintech M&A rebounds from the pandemic
via Financial Planning

RightSize Solutions, a firm providing IT and cybersecurity services to RIA firms, has been acquired by Swizznet, a cloud-based software company. Terms of the deal were not disclosed.

Visa rolls out Fintech Partner Connect programme
Visa rolls out Fintech Partner Connect programme
via Finextra

Visa is to provide financial institutions and merchants with seamless access to a roster of 13 curated fintech partners offering a suite of value added digital payments services.

Railsbank, the Banking-as-a-Service, raises $37M in growth funding
Railsbank, the Banking-as-a-Service, raises $37M in growth funding
via Tech Crunch

Railsbank, the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding.

PayPal Removes Waitlist for New Crypto Service, Boosts Weekly Purchase Limit to $20K
PayPal Removes Waitlist for New Crypto Service, Boosts Weekly Purchase Limit to $20K
via Coindesk

All eligible PayPal account holders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday. The firm also increased the amount of crypto that users can purchase in a week.

How Ant’s Suspended IPO Is Related to China’s Digital Yuan
How Ant’s Suspended IPO Is Related to China’s Digital Yuan
via Coindesk

Ant Group’s suspended initial public offering (IPO) has shed further light on a possible motivation behind China’s digital yuan. The Chinese government appears to view the payments giant as a destabilizing force to China’s economy, and the digital yuan is a way to keep companies like this in check.

What do customers think?
What do customers think?
via The Finanser

Groundbreaking report by The Economist Intelligence Unit uses machine-learning to analyse over 10 million online conversations about personal finance

"Fintech" Borrowers More Likely to Default?
"Fintech" Borrowers More Likely to Default?
via Fintech Business Weekly

Well, it’s finally over, and Joe Biden will become President on January 20, 2021. Maybe some VC dollars need to flow to ‘votetech’ (and ‘pollingtech’, for that matter).

This Military Vet-Turned-Fintech Entrepreneur Uses Education and Communication to Grow His Business
This Military Vet-Turned-Fintech Entrepreneur Uses Education and Communication to Grow His Business
via Entrepreneur

Mac Angelo credits the Army with instilling his most important management lessons.

FinTech Ripple chooses Dubai International Financial Centre for regional headquarters
FinTech Ripple chooses Dubai International Financial Centre for regional headquarters
via Gulf News

Ripple to work with local and regional institutions to revolutionise payments industry

Two Israeli fintech startups in Visa’s digital payments push
Two Israeli fintech startups in Visa’s digital payments push
via The Times of Israel

ChargeAfter and Personetics are among 13 fintech firms selected by Visa to be part of a suite of new payment techologies it is offering European banking clients

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Issue #289 - The ‘Fintechization’ of Everything: The 7 Hottest Fintech Trends in 2021

Thursday, November 5, 2020

here is your latest news update in fintech. See Online Fintech News Issue #289 2020-11-05 The 'Fintechization' of Everything: The 7 Hottest Fintech Trends in 2021 The 'Fintechization'

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Thursday, October 29, 2020

here is your latest news update in fintech. See Online Fintech News Issue #288 2020-10-29 3 Ways That the Fintech Ecosystem Fell Short in 2020 & How to Move Forward 3 Ways That the Fintech

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

Thursday, October 22, 2020

here is your latest news update in fintech. See Online 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

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

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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

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