The newest Pulse of #Fintech report by KPMG and CB Insights shows that investment in VC-backed fintech companies and startups fell nearly 50% across the globe, with U.S. investment specifically #down 26% from same quarter results last year. The number of deals is also down for the quarter, with mega-round activityRead More
Bank Innovation
I have been following the developments of the World Economic Forum’s take on the #future of #financial…
Bank Innovation
Roboadvisors are among the hottest trends in #fintech — or invest tech, if you prefer &8212; but a new proposed #ruling from the Department of Labor has raised questions, specifically: Are roboadvisors fiduciaries? #Robos, which provide personalized advice based on algorithms to clients without any need whatsoever for human interaction, seem toRead More
Bank Innovation
Forty #blockchain #researchers met in Chicago this week to hash out #consensus mechanisms that might be employed by distributed ledgers.
CoinDesk
PayPal‘s partnership with Visa is only the beginning, according to CEO Dan Schulman. The payments industry was awash in rumors of a PayPal-Visa partnership this week, and yesterday, when both companies reporting their Q2 earnings, the rumor was shown to be true. Exact terms of the deal were not disclosed.Read More
Bank Innovation
#Technology informs just about every aspect of our lives, so it should come as no surprise that it’s having a big impact in the financial sector. #FinTech, or the field of financial technology, is becoming as ubiquitous as the downtown bank: it’s multi-faceted, it’s everywhere, and millions of people are using it every day.
FinTech is exactly what it sounds like: using digital technology so that both consumers and businesses can better handle and manage their #money. It’s online banking services, for sure, but FinTech is also consumer and business lending, investing, crowdfunding, and the security behind it all.
Need some help navigating these strange new waters? You’re not alone, and that’s why our friends at appcessories.co.uk developed this helpful #infographic. Check it out for a better understanding of the scope of this emerging field, as well as where the investment capital is going and where the developments are taking place.
The post FinTech Infographic – The Future of Money &8211; 15 Visuals appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.
A digital shift in #healthcare in recent years has paved the way for advances in automation, artificial intelligence and even surgical robots. Whether using a virtual human to capture patient intake data or sensors to monitor symptoms, digital #technology is undoubtedly propelling the industry forward. But concern exists that this technology will start to replace health workers. Read More
Some of the shine seems to have come off #fintech innovation in #2016. Startup valuations are dropping; once abundant venture capital is growing scarcer; marketplace lending has gotten bruised — even the self-proclaimed capital of fintech, London, faces an uncertain #future with Brexit. But that doesn’t mean innovation is any less necessary.Read More
Bank Innovation
Berlin-based startup #Number26 just raised a $ 40 #million Series B round led by Horizons Ventures. With 200,000 clients, Number26 wants to become a major consumer-facing bank in Europe providing all the services you’d expect from your bank. And this funding round is an important milestone in order to reach this goal. Read More
A survey of #global #infrastructure leaders defines the challenges to the industry—and how to address them.
fintech techcrunch
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