Issue #309 - New virtual currency from the colourful fab four harnesses innovative HugTech!

Fintech News Issue #309

2021-04-01

New virtual currency from the colourful fab four harnesses innovative HugTech!
New virtual currency from the colourful fab four harnesses innovative HugTech!
via Wild Brain

The Teletubbies announced today that, in response to the overwhelming global demand for cryptocurrencies, they have launched TubbyCoin, an innovative new cryptocurrency employing the groundbreaking power of HugTech.

Venezuela replaces national currency with bitcoin
Venezuela replaces national currency with bitcoin
via The Finanser

In a fascinating move Venezuela, which has been a basket-case economy ever since Hugo Chavez died in 2013, has dropped their national currency (the bolivar) and any ties to the US dollar, and decided to link their national currency to bitcoin instead.

Why are Latin American fintech startups so attractive in the global entrepreneurship landscape?
Why are Latin American fintech startups so attractive in the global entrepreneurship landscape?
via Entrepreneur

The increase in easily accessible and scalable technologies, and an increase in mobile technology consumers, would be the reasons for the rise of this type of enterprise.

Regional Banks Losing Battle For New Accounts
Regional Banks Losing Battle For New Accounts
via The Financial Brand

Regional and mid-cap banks account for almost 30% of the country’s banking assets, yet have significantly under-performed both larger and smaller financial institutions in the past year from an account growth perspective.

The 12 Most Important Mobile Banking Features (And Why No Bank Can Have Them All)
The 12 Most Important Mobile Banking Features (And Why No Bank Can Have Them All)
via Forbes

If you need any more proof that the pandemic accelerated consumers’ adoption of digital services, new research from Cornerstone Advisors revealed that more than three-quarters of Americans who have a smartphone are now mobile banking users.

Usability is the secret to success in FinTech developments
Usability is the secret to success in FinTech developments
via Global Banking and Finance Review

The UK FinTech sector received a record investment of £3 billion in 2020, making the UK the second largest FinTech market globally, following the US.

HighRadius raises $300M, triples valuation to $3.1B for AI-powered fintech software
HighRadius raises $300M, triples valuation to $3.1B for AI-powered fintech software
via Tech Crunch

HighRadius, which has developed AI-powered fintech software, announced Tuesday it has raised $300 million in a Series C funding round led by D1 Capital and Tiger Global.

Why the future belongs to banks, and not Fintechs
Why the future belongs to banks, and not Fintechs
via FinExtra

With emerging Fintech services taking the world of finance by storm, it might seem like banks are in for a struggle.

The Impact of NFTs on Fintech
The Impact of NFTs on Fintech
via Lend Academy

We delve into the mysterious world of NFTs, how they work, their relationship with DeFi and what they could mean for fintech

FinTech is Eating the World
FinTech is Eating the World
via Grit Capital

Seven or eight years ago, when I was professionally managing money, I remember being wildly bullish following a meeting with a FinTech analyst.

2021 Google Search Trends in Digital Banking, Payments & Fintech
2021 Google Search Trends in Digital Banking, Payments & Fintech
via The Financial Brand

What's on people's minds these days? This major study exclusively from The Financial Brand looks at the most important Google search trends in the banking industry — what consumers and executives in financial institutions have been looking for, and how the patterns have been reshaped by COVID.

Mastercard joins FinTech Australia
Mastercard joins FinTech Australia
via FinExtra

Mastercard, a global pioneer in payments innovation and technology, has joined FinTech Australia as an ecosystem partner and as an event partner for the 2021 Finnie Awards.

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