Issue #313 - Should Fintech Startups Hire Bankers?

Fintech News Issue #313

2021-05-06

Should Fintech Startups Hire Bankers?
Should Fintech Startups Hire Bankers?
via Forbes

The war for talent in the fintech space raises a provocative question: Should fintech startups hire executives (and other employees) from traditional banks?

Visa Partners With Fintech Startup Tala To Drive Crypto Adoption In Emerging Markets
Visa Partners With Fintech Startup Tala To Drive Crypto Adoption In Emerging Markets
via Forbes

Visa announced a new partnership with Tala, a digital financial services provider in emerging markets, the goal of which is to provide easier access to cryptocurrencies for underbanked consumers, beginning with USD Coin (USDC), a stablecoin backed by the U.S. dollar and governed by the Centre Consortium. USDC is supported on Ethereum, Algorand, Solana and Stellar blockchains.

Fed Weighs Handing Fintechs More Access to Its Payments System
Fed Weighs Handing Fintechs More Access to Its Payments System
via Bloomberg

The Federal Reserve is deciding whether to give financial-technology companies more direct access to its payment system after many of the upstarts swelled in popularity during the pandemic.

FinteQC 2021
FinteQC 2021

FinteQC is an annual event that brings together researchers, executives, practitioners and experts around the topics of financial technology. Keynotes and invited speakers, from Canada and worldwide, will share insights on emerging topics on Fintech and Insurtech. Be part of a great event! Save the date, May 19-20, 2021.

A one-stop destination for financial services: The future of the fintech industry
A one-stop destination for financial services: The future of the fintech industry
via Financial Express

With such noteworthy progress, it is no surprise that customer expectations are also on the rise.

Payments, lending and neobanks rule fintechs in emerging markets, report says
Payments, lending and neobanks rule fintechs in emerging markets, report says
via Tech Crunch

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result.

Fintech StartUps Frustrated With Glacial Pace Of Canada's Open Banking Consultants
Fintech StartUps Frustrated With Glacial Pace Of Canada's Open Banking Consultants
via betakit

Sue Britton was feeling “super optimistic” when the Advisory Committee on Open Banking sent out a package for phase-two consultation participants with an outline of the workshops it wanted to hold and its recommendations for an eventual framework.

Thriving in Financial Services with AI built on Trust
Thriving in Financial Services with AI built on Trust
via LinkedIn

Many of the issues surrounding artificial intelligence (AI) lie within unpredictability and trust.

Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG
Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG
via CNBC

For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through their existing accounts, according to crypto custody firm NYDIG.

Apple Card Grows To 6.4 Million Cardholders Thanks To Women
Apple Card Grows To 6.4 Million Cardholders Thanks To Women
via Forbes

In March 2020, I reported that there were 3.1 million Apple Card credit cardholders in the US (based on a January 2020 consumer survey from Cornerstone Advisors).

Are Banking C-Suites Prepared For A Digital Future?
Are Banking C-Suites Prepared For A Digital Future?
via The Financial Brand

Digitally savvy leadership will define the winners (and losers) as banks and credit unions continue with their digital transformation efforts.

Canadian fintech Wealthsimple raises record $610m at $4bn valuation
Canadian fintech Wealthsimple raises record $610m at $4bn valuation
via Fintech Futures

The investment, which marks one of the largest technology investments in Canada to date, is seven times the size of its last fundraise – which closed in October at just $87 million.

A Visual Explanation of Algorithmic Stablecoins
A Visual Explanation of Algorithmic Stablecoins
via Medium

Stablecoin usage has exploded in the last year. And yet, fewer and fewer people seem to understand how these stablecoins actually work.

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Issue #312 - Are fintech’s best days behind it?

Thursday, April 29, 2021

here is your latest news update in fintech. See Online Fintech News Issue #312 2021-04-29 Are fintech's best days behind it? Are fintech's best days behind it? via Sifted Fintech still isn'

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Monday, April 19, 2021

here is your latest news update in fintech. See Online Fintech News Issue #311 2021-04-16 Why Do Consumers Love Fintechs? Why Do Consumers Love Fintechs? via The Financial Brand Many consumers are

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Thursday, April 1, 2021

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Issue #308 - China’s breaking the superapp

Thursday, March 25, 2021

here is your latest news update in fintech. See Online Fintech News Issue #308 2021-03-25 The Cambridge School and Curt's jacket The Cambridge School and Curt's jacket via Fintech Futures A few

Issue #307 - Stripe closes $600M round at a $95B valuation

Friday, March 19, 2021

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