Issue #205 - 4 Tech Trends That Will Massively Transform Banking in 2021

Banks and credit unions no longer get any points for hanging with the cool kids when they do social media. If it isn't producing for them, why bother?

Fintech startup Revolut has its own banking license in the European Union since late 2018.

Amazon has opened a cashierless store in London that lets customers "just walk out" once they have collected their shopping, with payment automatically taken from their account.

Fintech is becoming a powerful force. Last year $2 billion went into the industry. Some have proclaimed fintech is everything and everywhere.

FinTech's reputation is that of a disruptor of traditional financial services. That reputation is well-earned, but it doesn't tell the whole story.

China’s financial technology companies are expected to meet capital adequacy requirements within a maximum of two years, said Guo Shuqing, head of the China Banking and Insurance Regulatory Commission (CBIRC) on Tuesday.

The continuing impact of technology and the unprecedented changes it has had on our lives has only been accelerated by the Covid-19 pandemic. Over the past year, technology has been critical to our lifestyles.

F10, fintech incubator and accelerator, will collaborate with New Energy Nexus to form the first global green and climate fintech program, bringing decarbonisation of financial services to the cutting edge of innovation.

Walmart has reportedly poached two Goldman Sachs bankers to help it run its new fintech venture.