Issue #292 - Regulating Fintech in Europe: Lessons from the collapse of Wirecard

Fintech News Issue #292

2020-11-26

New retailer payment methods; Vertical banking; Fintech x government; QR codes’ big moment?
New retailer payment methods; Vertical banking; Fintech x government; QR codes’ big moment?
via a16z

There’s a long history of banks and financial institutions focusing on specific demographics. Bank of America got its start catering to the Italian-American immigrant community, for example, and Black-owned banks have sought to eradicate discrimination in the banking industry for decades.

Many fintech businesses just want to survive in 2021
Many fintech businesses just want to survive in 2021
via IT Pro Portal

Most are accelerating their digital transformation efforts in response to Covid-19, but are confident they'll get through it.

Regulating Fintech in Europe: Lessons from the collapse of Wirecard
Regulating Fintech in Europe: Lessons from the collapse of Wirecard
via Vox EU

The default of Wirecard highlights several problems in the regulation and supervision of Fintech companies, with regulatory holes in investor protection, customer protection, and financial stability.

A Look at Switzerland’s Blockchain DLT Fintech Industry
A Look at Switzerland’s Blockchain DLT Fintech Industry
via Finch News Switzerland

A recent analysis by ccecosystems.news has identified 167 blockchain and distributed ledger technology (DLT) startups focusing on financial services in Switzerland.

Seattle startup vets launch platform that lets employers provide emergency savings accounts
Seattle startup vets launch platform that lets employers provide emergency savings accounts
via Geek Wire

The pandemic has caused a financial burden for millions of employees across the nation. It also impacts the companies that people work for due to lower productivity, distractions, and other factors.

Female Founders Lose Out on Capital Piling Into Fintechs
Female Founders Lose Out on Capital Piling Into Fintechs
via Bloomberg

As a record amount of venture capital flows into the fintech industry, female entrepreneurs are lagging behind their male counterparts in attracting funding.

Fintech Locations in Europe
Fintech Locations in Europe
via Statista

Frankfurt is still the banking capital of Germany. However, with regard to the innovative fintech segment, it has become clear that a new financial center is emerging in Germany. As shown in this infographic made in collaboration with Berlin Partner, Berlin is clearly in the lead, not only in Germany, but also in the EU.

Answered: 5 questions about forging a career in fintech
Answered: 5 questions about forging a career in fintech
via Silicon Republic

Wondering what it takes to carve out a career in fintech? It’s an industry going from strength to strength with plenty of different opportunities

Long in China’s Shadow, the US Is Becoming a Bitcoin Mining Power Again
Long in China’s Shadow, the US Is Becoming a Bitcoin Mining Power Again
via Coindesk

When it comes to the energy- and capital-intensive process of mining cryptocurrency, people tend to think of China, where about 65% of global hash power is located.

Fintech Saudi and Digital Banking
Fintech Saudi and Digital Banking
via The Finanser

Like most markets worldwide, the Middle East – or is that Western Asia? – has been sorely impacted by the pandemic crisis.

Halfway hall
Halfway hall
via Fintech Futures

Thus spoke my first ever boss. And he waited for me to ask why, which I, of course, obligingly did. You don’t get to be an A-star student without asking the questions and pleasing your teachers, I can tell you that for free.

Closing the Gender Gap in Banking and Fintech
Closing the Gender Gap in Banking and Fintech

Banking has historically been an industry founded by men, run by men, with products created for men. Recently, progress has been made, but the gender bias in banking still runs deep. Surprisingly, this same bias exists in fintech, where there are far too few fintech founders and too few women working at these new start-ups.

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Issue #293 - Why B2B Fintechs Will Change The World

Friday, December 4, 2020

here is your latest news update in fintech. See Online Fintech News Issue #293 2020-12-03 Visa Partners With Ethereum Digital-Dollar Startup That Raised $271 Million Visa Partners With Ethereum Digital

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Thursday, November 19, 2020

here is your latest news update in fintech. See Online Fintech News Issue #291 2020-11-19 Is Your Fintech A Fraud? Is Your Fintech A Fraud? via Forbes Five Red Flags From Inside Wirecard Cash cards for

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here is your latest news update in fintech. See Online Fintech News Issue #290 2020-11-13 China Vows Escalation in Clampdown on Fintech's Dominance China Vows Escalation in Clampdown on

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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

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