Fintech News Daily 2019 September 23 29
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Fintech News Daily 2019: 23 – 29 September

Top fintech news from the global financial services industry

Top fintech news daily 2019 from 23-29 September 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: 23-29 September 2019

#1 China’s Fintech Stocks Soar Over 50% in 2019

"According to a Reuters report on Sept. 26, stocks of China’s fintech firms have seen a notable surge this year amid investors’ anticipation of China’s launch of its own digital currency as well as the demand it would generate for security and payment services."

Source: Reuters UK (via CoinTelegraph)

submitted by Christophe Langlois

#2 London overtakes New York to steal global fintech investment crown

"In the first eight months of the year alone, London has attracted 114 investments with a record-breaking value of more than $2bn (£1.6bn), according to industry body Innovate Finance and the mayor’s promotional agency London & Partners."

Source: Innovate Finance (via City A.M.)

submitted by Christophe Langlois

#3 Southeast Asia’s No. 1 Travel App Is Getting Into Fintech

"Traveloka, Southeast Asia’s largest online travel startup, is getting into financial services.  The startup backed by Expedia Group Inc. and JD.com Inc. will issue a credit card with Indonesia’s PT Bank Rakyat Indonesia Persero Tbk linked to its booking services. The travel app is targeting many users across the Indonesian archipelago who have little or no access to traditional banking or reliable internet.  You've reac"

Source: Bloomberg

submitted by Christophe Langlois

#4 JPMorgan invests $25 million in fintech start-ups

"JPMorgan Chase & Co is investing $25 million to support fintech start-ups that help low-income Americans be more financially healthy, bank executives said on Tuesday. 

JPMorgan’s head of global philanthropy Karen Keogh said the investment in the Financial Solutions Lab will help early-stage fintech companies products that could help people in communities like Harlem."

Source: Reuters.com

submitted by Christophe Langlois

#5 85 firms apply to operate under Mexico’s new fintech law

"The National Banking and Securities Commission (CNBV) has received 85 applications from companies looking to operate under Mexico’s new financial technology law, part of President López Obrador’s initiative to increase financial inclusion."

Source: Mexico News Daily

submitted by Christophe Langlois

#6 UK fintech sector faces talent shortfall

"A Census of UK fintech firms by EY and Innovate Finance has found that the sector has continued to attract rising levels of investment despite global economic uncertainty, although major challenges lie ahead in talent recruitment and gender diversity."

Source: finextra

submitted by Christophe Langlois

#7 Regtech: Cost Savings, Tech Impact & Vendor Analysis 2019-2024

"Juniper Research has thoroughly assessed the Regtech market landscape; delivering a must-read report for industry stakeholders wishing to understand this dynamic growth area and its implications."

Source: Juniper Research

submitted by Christophe Langlois

#8 AI in Banking – An Analysis of America’s 7 Top Banks

"Discussions in the media around the emergence of AI in the banking industry range from the topic of automation and its potential to cut countless jobs to startup acquisitions. In this article we set out to study the AI applications and innovations at the top banks"

Source: emerj.com

submitted by Christophe Langlois

#9 Amex to launch open banking product for UK customers in Q4

"American Express (Amex) on Monday announced its plans to launch a new open banking product in the fourth quarter of this year, for its UK customers.  

The service is expected to enable customers to quickly and securely pay for goods and services online and on the go, directly from their bank account. “Pay with Bank transfer” will be a real-time payment option available to current account holders at UK banks, regardless of whether they are American Express card members, as per a statement."

Source: IBS intelligence

submitted by Christophe Langlois

#10 Brexit Implications and possibilities for the FinTech sector

"A large source of uncertainty around Brexit surrounds the implications associated with changes in access to talent and skills. Will FinTech survive or thrive? Partner at DLA Piper, Martin Bartlam, and Janine Hirt, COO at Innovate Finance, discuss the importance of maintaining a strong pipeline of talent to feed the industry. "

Source: DLA Piper

submitted by Christophe Langlois

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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.

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