FinTech Weekly - Fintech News Issue #357

Issue #357 - Fintechaverse and Investments

2022-03-29

FinTech Weekly shares the most relevant fintech news of the last 7 days. From the speculation mode of the Fintechaverse to the interesting discussion about how banks should revise their infrastructure, FinTech Weekly will allow you to discover what’s happening in the fintech space. And if you want to know more about the initiatives in the financial technology industry, here you will find the best fintech conferences and events: PET North America, ICPAC Mediterranean Financial Summit 2022, Future Branches Boston.

Top Stories

Why Apple Acquired An ‘Open Banking’ Fintech
Why Apple Acquired An ‘Open Banking’ Fintech
via Forbes

The fintechaverse enters the speculation mode that always follows acquisitions made by Apple: Ron Shevlin analyzes the acquisition of Credit Kudos. There might be several reasons for this investment – the launch of a new card, a new BNPL scheme, A2A payments, the acquisition of new technologies.

Crypto

New Crypto Survey Shows 53% Of Americans Think Cryptocurrencies Will Be The ‘Future Of Finance’
New Crypto Survey Shows 53% Of Americans Think Cryptocurrencies Will Be The ‘Future Of Finance’
via Bitcoinist

Bitcoinist shares the new survey conducted by OnePoll, which shows that 53% of Americans think that cryptocurrencies are the future of finance. StarkWare, the fintech company that realizes Ethereum-based solutions, published the survey and highlighted the amazing result.

Visa Program to Help Creatives Build Their Businesses With NFTs
Visa Program to Help Creatives Build Their Businesses With NFTs
via CoinDesk

Visa launches a new NFT program: the business owners that will be selected will be included in a one-year program that will allow them to expand their activities thanks to non-fungible tokens.

State Regulators Crack Down on Voyager Digital's Crypto Interest Offering
State Regulators Crack Down on Voyager Digital's Crypto Interest Offering
via CoinDesk

Seven U.S. states – New Jersey, Texas, Oklahoma, Alabama, Washington, Kentucky and Vermont – are checking the “Earn Program” launched by the Canadian fintech company Voyager. This company offers crypto accounts and, according to these states, these instruments may be unregistered securities.

Banking

An introduction to… Why banking infrastructure is broken
An introduction to… Why banking infrastructure is broken
via Finextra

Marcus Treacher (ClearBank) analyzes the disruptive changes brought by financial technology. The infrastructure of banks, if they want to survive, should adapt to new technologies, payment solutions, and the expectations of businesses and people.

Nordic Fintech Challenger Lunar Offers €132M to Acquire Instabank
Nordic Fintech Challenger Lunar Offers €132M to Acquire Instabank
via Crowdfund Insider

Nordic Fintech announced a €132 million offer to acquire Instabank. Instabank was founded in 2016, and so far managed to reach over 60,000 clients with its secured and unsecured loans and savings solutions.

Innovation

Santander launches instant payments into Brazil from Europe
Santander launches instant payments into Brazil from Europe
via Finextra

Santander launches new payment solutions that will allow SMEs in Spain to make immediate payments to Brazilian recipients. This solution – One Trade – makes it possible to complete these international transactions in minutes.

JPMorgan’s U.K. Digital Bank Chase Launches Savings Accounts
JPMorgan’s U.K. Digital Bank Chase Launches Savings Accounts
via Bloomberg

Chase, the U.K. digital bank of JPMorgan, launched a new savings account to allow users to maximize interest. As Shaun Port – managing director at Chase – said, the digital bank wants to go against the rising inflation.

Podcasts and Videos

News: Ramp marks $8bn valuation, Clearbank plans global expansion and Apple acquires Credit Kudos
News: Ramp marks $8bn valuation, Clearbank plans global expansion and Apple acquires Credit Kudos
via Fintech Insider

David M. Brear and Deepa Anikhindi are joined by Charles McManus (Clearbank), Eric Glyman (Ramp) and Eslam Darwish (Nclude) to discuss the latest fintech news.

Fintech

i2c Signs Partnership with Visa as Fintech Processor in MENA
i2c Signs Partnership with Visa as Fintech Processor in MENA
via Finance Magnates

i2c, the fintech company focused on offering innovative payment solutions, announced a new partnership with Visa: business owners in the MENA region will be able, thanks to this partnership, to provide customers with advanced payment technologies and digital solutions.

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Fintech News Issue #356

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