Post Brexit: Will London Remain the Fintech Capital of the World?
With adversity comes opportunity.
FinTech – Finance Magnates | Financial and business news
Updates from user Toggle Comment Threads | Keyboard Shortcuts
-
user
-
user
#Brexit + #fintech: What happens now?
The British public recently voted to leave the European Union. Only history will tell whether it was a good decision or not. The immediate issue is… what #happens now? Those in financial services and #technology firms will have to grapple with the unraveling of treaties that will have a direct impact on their business. But first&8230; what happens next? Read More -
user
Carders Cashing Out on Magstrip Cards
Two thousand credit card payment terminals stand to become infected with malware called Trinity point of sales. Ten million credit #cards were stolen by hackers, called Fin6, who may end up scoring $ 400 million. The cards were stolen from retail and hospitality businesses. If each card sells for $ 21 onRead More
Bank Innovation -
user
ID Tree is Raising $1MM To Track Private Companies
At a time when startups stay #private longer, and #fintech investment is at its peak (maybe), where do investors look? Private #companies. However, those are known for being, well, “private” about their financials. Enter ID #Tree. The New York-based startup allows investors to discover private companies and #track their financial progress.Read More
Bank Innovation -
user
Holländischer Robo-Advisor kommt in die Schweiz
Das Online-Vermögensverwaltungsunternehmen Pritle kündigt an, seine Dienste auf Kunden in der #Schweiz und in Österreich auszuweiten.
Dadurch wird der niederländische, “#robo advisor” gemäss eigenen Angaben zum grössten unabhängigen Anbieter von automatisierter Online-Vermögensverwaltung in Europa. Pritle ist ein innovativer Vermögensverwaltungsanbieter, der es jedem ermöglicht, sein Vermögen bequem und unkompliziert anzulegen und dabei Geld zu sparen.
Kunden können die Entwicklung ihrer Finanzen wunschgemäss festlegen und darstellen – und das bereits ab einer Investition von 10 EUR. Durch kostenfreie und automatisierte Portfolioumschichtung sowie personalisierte Empfehlungen unterstützt Pritle seine Kunden bei der Verwirklichung ihrer finanziellen Ziele.
Thomas Bunnik, Gründer und Vorstandsvorsitzender von Pritle erklärt: &8220;Nach der Gewinnung von tausenden Kunden in den Niederlanden und Belgien konnten wir enormes Wachstum verbuchen. Mit derselben Vehemenz wollen wir nun auch in der Schweiz und in Österreich durchstarten und die dort ansässigen Kunden dabei unterstützen, ihr Vermögen zu vergrössern. Die europaweite Expansion ist für unser Unternehmen ein logischer Schritt.
Unser Ziel ist es, allen Europäern eine einfach zugängliche und erschwingliche Methode zur Vermögensvermehrung zu bieten.&8221;
Zielbasierte Geldanlage
Mit Pritle können Kunden ihre Anlageziele – z. B. Pensionsvorsorge, Ausbildung für ein Kind oder eine Weltreise – innerhalb eines vorgegebenen Zeitrahmens ganz einfach festlegen und nachverfolgen. Pritle ermöglicht es, personalisierte Profile zu erstellen, auf deren Basis massgeschneiderte ETF-Portfolios generiert und von führenden Vermögensverwaltern wie BlackRock, Vanguard oder StateStreet betreut werden.
Die ETF Umschichtung wird jedes Quartal anhand der Zielvorgaben unserer Kunden optimiert und während sich das angelegte Vermögen dem Zielbetrag nähert, wird das Anlagerisiko allmählich abgebaut. Kunden können sich ungeachtet ihrer Expertise und Erfahrung im Finanzwesen innerhalb von wenigen Minuten registrieren.
Angemessenen Risikostufe
Pritle- Kunden werden bei der Festlegung einer angemessenen Risikostufe für ihr Anlageziel unterstützt und können dessen Wertentwicklung über das benutzerfreundliche Dashboard jederzeit nachverfolgen. Auf Wunsch können sich unsere Kunden jeden Euro, den sie in ihr Portfolio investiert haben, jederzeit auszahlen lassen. Bei Pritle fallen keine Überweisungsgebühren, Vorabzahlungen und versteckte Kosten an. Beträge über EUR 250.000 werden kostenfrei verwaltet, darunter verrechnet Pritle eine Gebühr in Höhe von 0,5 % pro Jahr inkl. Umsatzsteuer.
Pritle
Pritle Holding B.V. wurde 2014 von Thomas Bunnik (Vorstandsvorsitzender), Stewart Bowers (Finanzvorstand) und Azman Hamid (Risiko- und Rechtsvorstand) gegründet. 2015 folgte die Übernahme von Fundix N.V. (mittlerweile Pritle N.V.), dem damals größten unabhängigen Vermögensverwaltungsunternehmen in den Niederlanden mit dem umfassendsten Fondsangebot. Pritle betreut landesweit bereits mehr als tausend zufriedene Kunden und verwaltet für sie Anlagen im Wert von etwa 100 Millionen Euro.
Pritle besitzt eine Lizenz der niederländischen Finanzmarktaufsicht AFM (Autoriteit Financiële Markten) und wird von der niederländischen Zentralbank DNB (De Nederlandsche Bank) reguliert. Pritle hat seinen Hauptsitz in Amsterdam und bietet ein Team aus 32 erfahrenen und engagierten Fachleuten – darunter Anlageexperten, Ökonometriker, Juristen und technische Spezialisten.
Thomas Bunnik (32) ist Gründer und Vorstandsvorsitzender von Pritle. Er verfügt über breites internationales Fachwissen auf dem Gebiet der privaten Vermögensverwaltung, blickt auf eine erfolgreiche Laufbahn zurück und stellt mit Pritle eine neue Art der Geldanlage vor, die zielorientiert, einfach und effizient ist.
The post Holländischer Robo-Advisor kommt in die Schweiz appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.
-
user
IT Innovation Disconnected from C-Suite
A large disconnect between the C-Suite and IT departments could drastically influence innovative advancements across industries according to findings #from Wakefield Research sponsored by Juniper Networks. Results of the study… The post IT #Innovation …
Bank Innovation -
user
Kickstart Accelerator Zurich Selects 10 Startups for Fintech Category
Kickstart, a Swiss #accelerator program based in #Zurich, has announced the ten #fintech #startups selected to join its first batch of the #Kickstart summer program. These ten startups will now begin the acceleration phase and will temporarily relocate their teams to Zurich and prepare for Demo Day set to place on November 04, 2016.
The ten fintech startups are tackling a number of sub-segments composing financial services ranging from mobile payments, insurance, to risk management and stock trading.
via @UBSschweiz, Twitter
Veezoo, a Swiss startup based in Zurich that provides a tool for people to allow them to explore and visualize stock market data efficiently. Veezoo is supported by SIX.
James, owned by New York-based Crowdprocess, is a SaaS for risk departments. James allows risk officers to build, test and validate credit-scoring models, and is equipped with Machine Learning algorithms, techniques and validation methods. Crowdprocess is funded by Seedcamp, top Google executives, Thompson Reuters, the European Central Bank, Quant research funds, among other investors.
Sureify, by California-based Sureify Labs, is a SaaS-based engagement platform that provides a solution to carrier’s ongoing problem of staying connected to their policyholders. Sureify specializes in life insurance products.
Mergims is a Rwandan mobile commerce and payments app that focuses on remittances to African countries. Mergims allows for the payment of mobile topups, utility bills, but also links to critical services such as hospital, medicines, school and transports.
Gatechain is a Zurich-based startup that uses #blockchain #technology for trade finance that allows for the reduction of processing time and the lowering of costs while improving cash-flow in trade.
Zoa, a solution developed by Zurich-based company MyDataMint, is an application and a platform for exchanging personal data between consumers and companies. On Zoa, companies can buy personal data directly from users in exchange for cash.
Lenditapp, a New York-based company, provides a a cloud-based business process and Customer Acquisition Management solution for sales organization and funders catering to the alternative small business lending community.
Nivaura, formerly known as Crowdaura, provides a blockchain-based digital platform for execution and lifecycle management of small financial assets. The company targets investment #banks, asset managers, brokers, reinsurers and exchanges.
Surong 360 is a Chinese startup that provides a platform for peer-to-peer (P2P) lending. Targeted at university students and alumni, Surong 360 doesn&8217;t intervene in the transaction, but instead, functions as a social network for P2P lending with flexible interest rates.
BreadWallet is a standalone mobile #bitcoin wallet aimed at providing users with a simple, convenient and secure solution to send and receive bitcoins on their smartphones.
Launched in January this year during the Investor Summit, Kickstart combines the strengths of academia, global corporations, and many successful local startups, to deliver an internationally recognized startup program aimed at giving access to promising startups to Switzerland&8217;s hub of tech and innovation.
The Kickstart Accelerator is operated by Impact Hub Zurich and is an initiative launched in cooperation with DigitalZurich2025, a cross-industry project aimed at turning Switzerland into a leading digital innovation hub in Europe.The Kickstart Accelerator has four verticals: fintech, smart and connected machines, future and emerging technology and food.
Selected startups are given up to 25,000 CHF in seed funding, a monthly founder stipend of up to 1,500 CHF to support living costs, dedicated mentorship from industry leaders, a shared office space and fast-track access to relevant industry partners and the Swiss startup ecosystem.
Backed by some of Switzerland&8217;s biggest companies including UBS, Credit Suisse, Swisscom, Migros and EY, the Kickstart Accelerator aims at supporting young international entrepreneurs and focuses on launching new products into the market as well as promoting the domestic digital innovation scene.
Featured image via @UBSSchweiz, Twitter.
The post Kickstart Accelerator Zurich Selects 10 Startups for Fintech Category appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.
-
user
“Fintech Startups Need to be Flexible and Adjust their Products”
Head of corporate strategy at the First International Bank of Israel elaborates on the #fintech-banking crossroad.
FinTech – Finance Magnates | Financial and business news -
user
New Bank Bot Jude Can Control Multiple Accounts [VIDEO]
That’s right — it&8217;s another bot. This one&8217;s from New Zealand software designer Ben Lynch and is called #Jude. Bots are huge everywhere &8212; Facebook Messenger now hosts more than 11,000 &8212; but lately, meaning, this week, they have made a strong push into financial services. Jude launched in MayRead More
Bank Innovation -
user
The Global Blockchain Summit- Information overload, Thoughts and Summary
#Beijing hosted the Global #Blockchain Summit last week and in typical fashion of Chinese events, it was a grand occasion. Over the course of the three day summit, participants were engaged in workshops, lectures and panel discussions. Leaders from the #Blockchain world all gathered at this event. Having been interested in Blockchain and #Bitcoin since the start of this year and integrating with the Blockchain community in Shanghai, this summit was the perfect chance to meet like minded people from all over the world and I found this as a unique opportunity to deepen my understanding of my newly found interest.
The conference, for me, was a bombardment of new information from thought leaders and experts on the matter of Blockchain and Bitcoin and it confirmed the 4 ways us humans anticipate and acknowledge information; There are things that you know that you know, things that you don’t know that you know, things you know that you don’t know and things that you don’t that you don’t know. Yes, slightly confusing, but learning anything with that framework helps a lot. Whether I was sitting through the talks or talking directly with people, not only did I find out new things I didn’t know but it made me deepen my understanding of the things I didn’t really know in depth but only knew that it had existed.
From a fresh mind that has just started to follow the developments and slowly learn the technical layers within the Blockchain space, and by no means an expert, here are 7 key takeaways I got from the Summit:
1. Faster innovation in China
Jeff Garzik of Bloq, and prominent figure in the Bitcoin Developer community, noted that there is faster innovation in China than the rest of the world within the Blockchain space. Aurelien Menant, CEO of Gatecoin, talked about why Blockchain Assets (cryptocurrencies/Dapp tokens) will become a leading alternative asset class. He predicts China will lead in Blockchain Assets due to the promise of cross border flexibility the #technology provides and the demand for transparency in China’s financial markets. With the Chinese government being accepting of the technology, it has become a gateway for Chinese entrepreneurs and companies to innovate and explore this technology and be a possible route for China to be transparent in their financial markets. One Chinese start-up that I thought was innovative is BitSe: BitSe, with their VEChain product aims to battle the counterfeit market to build a Blockchain for luxury brands to protect and secure the authenticity of their goods.
2. We will experience a new form of the internet
Many speakers put it differently; Jeff notably said ‘A Digital Wallet will be the new Browser’ where a user wouldn’t want 5 digital networks and wallets for 5 digital assets. There’d be that one wallet for everything. Jan Xie, a Chinese Ethereum Developer, pointed to an Internet 3.0 and there will be an interconnection of values on a larger capacity. According to him, it won’t be a social network anymore, now there will be an incentive network which will create a better business environment. Diego Guitterez of RSK Technologies compares what we have now as the Internet of Information to what we will have in the future as the Internet of Value.
3. Nobody likes the ‘Hard fork’
As the hack of the DAO came a week before the Summit, it was no surprise it will be a talking point. The consensus among many of the Chinese developers was that they were opposed to the ‘Hard fork’ idea suggested by the Ethereum Foundation.
4. Collaboration is key to push forward
Max Kordek, CEO of Lisk, emphasised the important of collaboration. He highlighted that competitors do not pose a challenge as it allows more of an opportunity to work with everyone else, but the biggest challenge is actually for that to happen, will projects collaborate and work together to move things forward?
5. Think Blockchain, Think Network
When wanting to build applications on top of a Blockchain on the biggest network and economy, I thought Jeff Garzik left us with another way to think about the Blockchain, he said not to think Blockchain as a technology but rather as a network.
6. Eric’s Law: Any asset can be digitised, will be digitised. Everyone, some machines and most AIs will have at least one digital ID
CEO of ViewFin, Eric Gu, was very vocal about how digital assets and smart contracts would shape our future. Thinking about how more digital our lives could be is interesting, and more particularly the implications. How will it impact the society, economy, business and our daily lives?
7. Things need to be made easier
During the Panel Discussion about Blockchain and New trends in #Fintech, Max Kordek emphasised the importance for things need to be made easy for the real world to understand. Deng Di, the Chairman of Beijing Taiyiyuan Technologies, stated how the 1st stage of the Blockchain era was a hobby for the techies, as Bitcoin was relatively new and Blockchain, the underlying technology, had not been explored. They were the first to get involved with Bitcoin and the #cryptocurrency network. The 2nd stage is when it became hot when central #banks and other big players started to recognise it a few years later, where many big players and governments are exploring the technology and he said we are currently in the 3rd stage, where the consumers have no idea about the Blockchain. A bottom up approach and top bottom approach is needed to educate the masses. He finally says, we show and thus prove to them how Blockchain works, not tell them how it works.
I really think the last point is crucial because with the advent of the internet or the phone, or any technology used by the masses, many use the technologies without thinking how it works. It may be explained in simple terms from a broad level, but it could only be done after there are use cases used by the masses. For a new technology to be explained simply that has not yet been in practical use by the world is still a difficult objective to achieve. Blockchain and its information is still in a sense raw, filled with code and technical jargon and Andre De Castro, CEO of the Blockchain of Things, has identified this problem as he aims to make it simple for enterprises to conduct business and not deal with technicalities such as making a new cryptocurrency and dealing with code.
Another observation I made when talking to people is that there is a huge split between those who are pro Proof of Work and those who are pro Proof of Stake. To my mind, when I think Blockchain, I think decentralisation, and Bitcoin offers the best example of a purely decentralised network, whereas the proof of stake is not completely decentralised and thus defeats the purpose of what the Bitcoin innovation and its underlying technology really stands for. I assume for specific use cases, it may make sense to have a Blockchain that uses ‘trusted nodes’ for verification. Anyways, this was just an observation which I won’t go into detail as there’s a lot of information about this online and there may be a long way till one prevails over the other, or perhaps coexist in the long run.
The Summit in Beijing showed me the promise of the Blockchain and what it could offer and I am excited in what the future holds. Our lives in the past decade have become more digital centric, particularly with the rise of smartphones and inter-connectivity and it could be even more digitalised if we can digitalise assets and exchange it. But it’s pretty funny; although we are so interconnected and exchanging information all the time, how is it that many people still do not know about Blockchain and Bitcoin?
[linkedinbadge URL=”https://www.linkedin.com/in/ahmed-al-balaghi-柏亚德-3a57215a” connections=”off” mode=”icon” liname=”Ahmed-Al-Balaghi-柏亚德”] is Language Student at Fudan University (Shanghai)
Reply