Fintech News Daily 2019 August 19-25
in

WINWIN

Fintech News Daily 2019: 19-25 August

Top fintech news from the global financial services industry

Top fintech news daily 2019 from 19-25 August curated by the VisibleBanking.com team with the help of our fintech community.

In this series, we aim to curate only the very best, most insightful fintech news from all over the world.

Fintech News Daily: Contribute!

We invite you to help us by submitting any article (in English) you believe is highly relevant and/or voting for your favourite article.  Last but not least, please share your comments on any of those articles via the straight forward comment section available on every entry.

We curate your submission, so please no self-promotion or vendor success stories here.  Alternatively, feel free to enquire for our sponsoring opportunities.

All published content and contributors will get visibility on this article as well as on our trusted and well-followed twitter account and Christophe’s LinkedIn profile.

Fintech News Daily: 19-25 August 2019

#1 Global fintech investments nosedive as Chinese fundraising falls

"The value of fintech deals worldwide during the first six months of this year declined to $22bn which is a significant decrease when compared to the $31.2bn spent during the same period a year earlier. At the same time though, the number of global deals increased by two percent to 1,561 during the first half of this year."

Source: South China Morning Post (via Techradar)

submitted by Christophe Langlois

#2 94% Of Fintech Firms In Singapore Still Plan To Hire More Staff

"Results of the survey also found that the average fintech firm in Singapore employs 10.8 people, with most working in software and application development (43%) and sales, marketing and business development (22%).  The survey also found that more than 40% of firms employ 30 or more staff, while 31% have between 11 and 30 workers.   SFA president Chia Hock Lai revealed to The Straits Times that in a survey conducted with more than 70 SFA members, talent shortage emerged as “one of the key concerns among fintech firms here."

Source: The Straits Times (via Vulcan Post)

submitted by Christophe Langlois

#3 6 Emerging Fintech Trends

"Key to the Fintech Innovation Lab’s value proposition is access to New York’s technology and financial services sector. They have been instrumental in shaping our efforts and identifying the fintechs that will dictate the future of the industry. What follows is their collective wisdom on where the fintech sector is headed over the next several years."

Source: Medium.com

submitted by Christophe Langlois

#4 China’s central bank to issue fintech development plan

"China aims to make its fintech sector globally competitive and use the industry as a “new engine” for country’s high-quality financial development, the People’s Bank of China (PBOC) said in a statement on its website.  Under a development plan for 2019-2021, China will improve the top-down design of the fintech industry, and strengthen risk controls, including an early warning regime on cross-market and cross-industry financial risks, the central bank said."

Source: uk.Reuters.com

submitted by Christophe Langlois

#5 8 hottest Paris fintech companies you didn’t know

"With the Brexit looming, the city of lights is poised to become ‘Europe’s Financial Hub. Notably, this city is home to success stories in various segments of the financial industry, supported by increasing private and public investments.  In this regard, let’s take a closer look at 10 of the most interesting Paris-based fintech startups."

Source: SiliconCanals.com

submitted by Christophe Langlois

#6 Meet 7 Newest Fintechs to Join the Unicorn Club in 2019

"In the 2nd quarter of 2019, fintech funding topped US$8.3 billion, bringing the first half 0f 2019 global fintech funding to US$15.1 billion, according to CB Insights’ Global Fintech Report Q2’2019 report.  To date, there are 48 fintech unicorns, combined these startups are valued at US$186 billion. Much of these unicorns are largely concentrated in North America and Europe but Asia, particularly China, is quickly catching up."

Source: CBInsights.com (via fintechnews.ch)

submitted by Christophe Langlois

#7 HK, Singapore and Japan launch the APAC RegTech Network

"The regtech committees of the fintech associations of Hong Kong, Singapore and Japan have jointly launched the ‘APAC RegTech Network’, an initiative to enhance cross-border collaboration on regtech education and implementation across the Asia Pacific region."

Source: OpenGovAsia.com

submitted by Christophe Langlois

#8 Israeli Regulator to Fast Track 2,000 Fintech License Applications

"The Israeli Capital Market Authority is looking to change how fintech licenses are distributed in Israel according to a Monday announcement reported by Israeli daily newspaper Calcalist. Some 2,000 fintech and blockchain-businesses are currently seeking licenses from the state regulator. Due to the glut, the Authority is setting up a licensing fast track."

Source: Calcalist.co.il via CoinDesk

submitted by Christophe Langlois

#9 RBI Governor speech puts spotlight on Fintech and big Tech

"Reserve Bank of India Governor Shaktikanta Das on Monday said banks need to make the most of the technological advances in the payments and lending space to compete with FinTechs and BigTechs. The benefits of the coming together of new-age technology and traditional banking methodology will be a win-win situation for the financial ecosystem and offer more options to the customer."

Source: Mint

submitted by Christophe Langlois

#10 Hong Kong FinTech Week 2019 Teaser

Honk Kong fintech week is coming soon... are you planning to attend any of their many exciting and insightful fintech events?

submitted by Christophe Langlois

This list is closed for submission.

What do you think?

Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.

Top 100 Fintech Influencers Refinitiv Social Media

Top 100 Fintech Influencers on Social Media

Fintech News Daily 2019 26 Aug 01 Sep

Fintech News Daily 2019: 26 Aug – 01 Sep (Open list) (8 submissions)