Fintech Technology Giants

Big Tech will have to share data under EU proposals ( Javier Espinoza, Madhumita Murgia, Richard Waters, Financial Times)

Dominant tech companies will have to open up their troves of data to smaller rivals, as other sectors such as financial services already do, the European Commission said, in proposals aimed at breaking down the monopolies such as those of Amazon and Google. In a document outlining a “European strategy for data”, the commission said […]

Fintech Payments

The Slow Death Of Checking Accounts (Ron Shelvin, Forbes.com)

OBSERVATIONS FROM THE FINTECH SNARK TANK I recently spoke to First National Horse and Buggy about their innovation efforts. Here are two innovative ways the company is planning to improve their customers’: Convenience. As they age, people find it harder to climb the stairs to get into a buggy. So FNHB will be deploying mini-escalators attached […]

AI & ML Fintech

What Does the Future Hold for AI in Fintech? (thomasnet.com)

The financial services industry has dramatically expanded beyond traditional banks and credit unions to include countless new players, from startups such as Acorns, Venmo, and Mint to tech giants including Apple and Google who are now expanding into fintech. Customers are gravitating toward services that offer the easiest user experience (UX), which should mean the fintech playing-field […]

AI & ML Fintech

Cambridge Centre for Alternative Finance AI Report: Financial Services are Undergoing Profound Digital Transformation Underpinned by Artificial Intelligence (JD Alois, crowdfundinsider.com)

The Cambridge Centre for Alternative Finance (CCAF), at the University of Cambridge Judge Business School, has published a new report on artificial intelligence (AI) and the future of financial services. CCAF is the leading research entity covering the global ecosystem of Fintech from online capital formation, to blockchain and more. This most recent report highlights the paradigm […]

Europe Fintech PropTech

Europe’s A/O PropTech is a new €250M fund dedicated to companies disrupting real estate (Steve O’Hear, techcrunch.com)

A/O PropTech is a new European VC officially launching today, after raising €250 million of so-called “permanent capital” to invest in technology companies disrupting real estate. It’s this “permanent” approach—seeing the firm structured more like a corporate with various shareholders, rather than a traditional venture capital fund that typically has a life cycle of 2-5 years—which […]

Australia Fintech Payments

Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS (PYMNTS.com)

Australian regulators are considering whether it is necessary to stop banks from automatically routing “tap and go” card payments through Visa and Mastercard, when retailers could be using EFTPOS, which is a local payment network that is cheaper, according to a report by Reuters. Visa and Mastercard, as well as the four major banks, control all of […]