Fintech Industry News

A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

jpost.com - Israeli fintech company partners with UAE-based CEO of Barter and Booth
Israeli fintech company partners with UAE-based CEO of Barter and Booth
Jpost.com

The CEO of Barker and Booth Commercial Agency LLC Mohammed Al Beloushi announced he will be investing in Israeli fintech startup Fintica AI LLC following the signing of the Abraham Accords.With the investment, Beloushi intends to develop Fintica's…

afr.com - Sarah Thompson, Anthony Macdonald, Tim Boyd - KPMG hired for Liberman-backed fintech Lumi's cash call
KPMG hired for Liberman-backed fintech Lumi's cash call
Australian Financial Review

Rich Lister Josh Liberman's investment group is dipping back into its pocket to help finance fast-growing small business lender Lumi's growth plans. Street Talk understands Lumi has tapped KPMG Corporate Finance to help it raise $20 million in…

theepochtimes.com - Emel Akan - Chinese Fintech Giant Poses Risks to American Investors, Warns Advocacy Group
Chinese Fintech Giant Poses Risks to American Investors, Warns Advocacy Group
www.theepochtimes.com

WASHINGTON—A financial affiliate of Chinese e-commerce giant Alibaba is set to go public and a sizeable portion of the funds raised will come from U.S. investors, raising alarms in Washington. Chinese financial technology firm Ant Group Co.

benzinga.com - Renato Capelj - Fintech Focus For September 21, 2020
Fintech Focus For September 21, 2020
Benzinga

Quote Of The Day: In a time of deceit telling the truth is a revolutionary act. - George Orwell Fintech Movers: The European Union (EU) will release a new set of rules by 2024 — with the aim to streamline cross-border payments — by…

wsj.com - Stella Yifan Xie - In China, Paying With Your Face Is Hard Sell
In China, Paying With Your Face Is Hard Sell
Wall Street Journal

Ant Group Co., which revolutionized China's payments industry, is learning how hard it is to separate people from their mobile phones. Three years ago, the financial-technology giant controlled by billionaire Jack Ma embarked on an ambitious and…

cnn.com - By Clare Duffy, CNN Business  - People are ditching in-person financial services for apps
People are ditching in-person financial services for apps
CNN

New York(CNN Business) As with so many areas of life, the pandemic has changed how people are managing their money — they're using technology more than ever. It's not just online banking applications. These days, people are relying on tech…

reuters.com - Reuters Editorial - EU seeks new powers to penalize tech giants: FT
EU seeks new powers to penalize tech giants: FT
Reuters

(Reuters) - The European Union wants to arm itself with new powers to penalize big technology companies, the Financial Times reported on Sunday. The proposed plan includes forcing tech giants to break up or sell some of their European operations if…

forbes.com - 2020 Forbes Blockchain 50 - Forbes Connect
2020 Forbes Blockchain 50 - Forbes Connect
Forbes

Leaders from the most widely used enterprise blockchain platforms will share their learnings as they discuss what the most successful companies using those platforms have in common Daniela Barbosa, Vice President, World Wide Alliances, Hyperledger…

abs-cbn.com - Art Fuentes - Alibaba Cloud aims to expand market share in PH by training 50,000 IT workers
Alibaba Cloud aims to expand market share in PH by training 50,000 IT workers
ABS-CBN.COM

MANILA - Alibaba Cloud is looking to further expand its market share in the cloud computing business in the Philippines by training 50,000 IT workers in its cloud ecosystem within the next 3 years. The company said it also aims to certify at least…

bmj.com - Under-reported relationship: a comparative study of pharmaceutical industry and patient organisation payment disclosures in the UK (2012-2016)
Under-reported relationship: a comparative study of pharmaceutical industry and patient organisation payment disclosures in the UK (2012-2016)
BMJ

We examine the under-reporting of pharmaceutical industry payments to patient organisations using large samples of donors and recipients over a period of time. We systematically compare the under-reporting by donors and recipients using five…

modernghana.com - FinTechs urged to tap into Women entrepreneurs
FinTechs urged to tap into Women entrepreneurs
Modern Ghana

Ugandan Financial Technology (FinTech) companies have been advised to involve more women in the conceptualization, designing and development of Fintech products and solutions that can tap into the underserved market segment of Ugandan women…

seekingalpha.com - ALT Perspective - JD.com: Tremendous Value To Be Unlocked Soon (NASDAQ:JD)
JD.com: Tremendous Value To Be Unlocked Soon (NASDAQ:JD)
SeekingAlpha

JD.com (JD) is on a roll. Its reliable e-commerce operations and logistic capabilities have enabled it to ride on the tremendous online shopping phenomenon amid the coronavirus outbreak. Data from the 6.18 shopping extravaganza this year provided…

wired.com - Will Knight - As Trump Squeezes China, Alipay's Star Rises
As Trump Squeezes China, Alipay's Star Rises
WIRED

Li Xian, who works at a publishing company in Shanghai, says the Chinese mobile-payments app Alipay is indispensable. Over the past week she's used it to order and pay for dinner through a delivery service, buy movie tickets, pay her utility bills…

techcrunch.com - Alex Wilhelm - Was Snowflake's IPO mispriced or just misunderstood?
Was Snowflake's IPO mispriced or just misunderstood?
TechCrunch

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It's broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Ready? Let's talk money, startups and spicy IPO…

thefinanser.com - Chris M Skinner - The Finanser's Week: 14th September 2020 - 20th September 2020
The Finanser's Week: 14th September 2020 - 20th September 2020
Chris Skinner's blog

The main blog discussions this week include …. This week is a bit different on the blog as I'm going to introduce you to one of my other businesses: Nordic Future Innovation. Nordic Future Innovation (originally Nordic Finance Innovation) is…

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