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Tag Archives: Startups

5 ways FinTech startups are adapting to the COVID-19 pandemic

We’re now living in a new macroeconomic narrative, one with major changes taking place nearly every day. To survive in such conditions, it’s necessary to be flexible. Unsurprisingly, FinTechs are already starting to adapt to the new realities. Here’s 5 important things FinTechs are doing to survive and come out …

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COVID-19 might finally bring FinTechs and financial institutions together

Despite a past of underwhelming collaborations between FinTechs and traditional financial institutions, the COVID-19 pandemic is likely to forge deeper relationships between the two as many legacy systems have proven themselves unfit for a digitally-powered future. As businesses and consumers emerge from the pandemic in profoundly different ways, traditional financial …

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COVID-19 likely to accelerate the push for digital payments

Although the COVID-19 pandemic has brought about difficult times for many businesses, many FinTech startups are starting to see a possible silver lining in its aftermath. The pandemic has pushed consumers to increase their use of contactless payment methods as well as their use of online platforms for making purchases. …

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Startups’ thoughts on the impact of COVID-19

As with most businesses, startups are preparing to deal with the long-term impact of the COVID-19 pandemic and associated measures to reduce its spread. During the recent How are Startups Gearing Up for the Post-COVID World online conference, entrepreneurs shared their thoughts on what the pandemic will ultimately mean for …

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BFC FinTech Monitor 5th – 13th March

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor.  Around the World: Amsterdam will play host to the Money 20/20 international FinTech conference in mid-June. Confirmed speakers include experts from Goldman Sachs, Netflix and Airbnb. According to a …

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BFC FinTech Monitor 27th February – 5th March

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and telegram channel FinTech Wave.   Around the World: ATMmarketplace.com has released a new report on the main digital banking trends. It revealed that (1) Apple has set new standards, …

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BFC FinTech Monitor 20th – 27th February

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and telegram channel FinTech Wave. Around the World: In 2019, FinTech startups attracted a total of USD 34.5 billion in investments (1,913 total transactions). Nearly half of this amount (USD …

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BFC FinTech Monitor 3rd January – 12th February

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor.   Around the World: American FinTech startup Remitly has launched a neobank for immigrants, allowing them to transfer funds to their homelands without documents establishing residency in the United …

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The FinTech bubble is about to burst

We live in a world of challenger banks, with new ones seemingly rising to new heights overnight. With them has come a hype surrounding the new innovations they offer and the flashy new services they provide consumers. This so-called HypeTech is derided by many as holding back true FinTech advances, …

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A quick glance at Asia’s FinTech prospects

Asia, driven by fierce competition, has been a global leader in terms of FinTech adoption. Let’s take a look at 3 key trends expected to define FinTech in Asia over the coming years: China continues to be a leader. China is still the market setting the pace for FinTech innovation …

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Dawn of the neo bank

Globally, a vast army of neo banks are targeting all sorts of consumer and small-business niches – from millennial investors to dentists and franchise owners – and emerging as a huge threat to traditional financial institutions. Some experts think that, by 2025, up to 40% of financial institutions’ collective revenue …

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Top 22 mobile banking trends

Mobile banking is a huge demand from banking customers as well as a major piece of many financial institutions’ marketing strategies. With that in mind, Juniper Research came up with a list of 22 mobile banking trends: Open banking permits many innovative FinTech offerings to be offered to mobile customers …

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5 key takeaways from Money20/20

Money20/20 was held earlier this year in Las Vegas. Here are 5 key takeaways from the event: The distinguishing lines between merchants and FinTechs continue to blur –  Uber created a team called Uber Money that will be responsible for its various FinTech offerings. And now Amazon is enabling utilities …

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How technology can help grow Kazakhstan’s insurance market

Insurance markets are changing all over the world thanks to digital innovations. This includes: changes to calculation models, increased competition (due to the rise of insurance platforms), a rise in the use of online data analysis, actuary skill development and new car insurance models. Although suffering from a number of …

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The state of FinTechs in Ukraine

FinTech is a booming industry in Ukraine, with more than 100 such companies operating in the country today (58% of which were founded in the last 3 years). Because of the relative youth of the sector in Ukraine, most are now either just starting sales (24%) or working to scale …

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Video: Beyond open banking lies Open X

The financial services industry is shifting from open banking to an impending phase called Open X. Learn how to thrive on the Open X shared marketplace in this informative World Fintech Report 2019 video. Infographic: 50 disrupting FinTech facts about mobile wallets and payments Denmark to use a cryptocurrency to …

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Video: Top FinTech trends for 2020

The advancement of technology has been a consistent driver of business development, and 2020 will be no different. Here’s a quick look at the top FinTech trends for the coming year. IBM publishes codes to encourage rapid creation of artificial intelligence projects Infographic: 10 reasons to invest in data visualization …

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2019 FinTech100

Now in its sixth edition, the FinTech100 highlights truly innovative companies that create products and services at the juncture of technology and financial services, especially those disrupting the existing processes and products that dominate the marketplace. This year’s FinTech 100 features companies from 29 countries and includes a balance of …

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How to survive a data breach crisis: the Monzo case study

Monzo, a disruptive neo-bank working to expand into the U.S., recently experienced a hiccup in its data security that resulting in nearly 500,000 U.K. account holders being urged to change their PIN numbers. It is important to note that the vulnerability was discovered by internal engineers and quick and decisive …

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