Top news of the week: 13.03.2020.

#fintech #banking #finserv #coronavirus #DataSharing #OpenBanking #financialliteracy #paytech #payments

Fintech

On Mar 11, 2020
@JPNicols shared
RT @JimMarous: Banking Must Provide Financial Relief in Times of Economic Stress https://t.co/4Dsa9Is5ij Insights from: @BrettKing @AlexH_Johnson @leimer @Clagett @rshevlin @psb_dc #banking #fintech #finserv #coronavirus @FinancialBrand @ipfconline1 @MikeQuindazzi @evankirstel @KirkDBorne https://t.co/q07e7apCka
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Banking Must Provide Financial Relief In Times Of Economic Stress

Most financial institutions are ill equipped to provide personalized solutions to consumers faced with a financial emergency caused by Coronavirus.

On Mar 11, 2020
@nextmoney_ shared
RT @psb_dc: How This Atlanta FinTech Startup is Teaching Kids Financial Literacy and Responsibility - Tim Sheehan, Greenlight #FinTech #financialliteracy cc @AlexH_Johnson @TimOnPoint https://t.co/1wQOV9oPJN via @MyASBN
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How This Atlanta FinTech Startup is Teaching Kids Financial Literacy and Responsibility – Tim Sheehan, Greenlight

Today on ASBN, we speak with Tim Sheehan, Co-founder and CEO of Greenlight, a debit card designed to teach children good financial habits.

On Mar 11, 2020
@JimMarous shared
RT @mX: Join us March 24-26 for the first annual Banking Transformation Week, a 3-day online event, featuring 20+ speakers discussing how to create data-driven organizations that drive customer outcomes and transform the future of banking. #Fintech #Banking https://t.co/8mpd5Bah9f
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MX Hosts First Annual Banking Transformation Week

MX announced the first annual Banking Transformation Week will take place March 24-26, 2020. Banking Transformation Week is a 3-day online event, featuring more than 20 speakers, created ...

On Mar 12, 2020
@leimer shared
'Crossover hiring' can address the gender gap in fintech https://t.co/HTlgzxQmXn https://t.co/V3AbxbTZIl
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'Crossover hiring' can address the gender gap in fintech

As the fintech industry looks for ways to bring on more women, crossover hiring — recruiting from traditional financial services firms to fintechs — has emerged as an effective strategy, ...

On Mar 11, 2020
@FintechBot shared
RT @dgwbirch: Mr Blomfield said. “I don’t see any businesses based on Open Banking in Europe whatsoever” https://t.co/1o5TB5O6dO
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Monzo boss warns Open Banking reforms have 'zero benefit'

The UK’s efforts to implement Open Banking have had zero positive impact on innovation in the banking sector, Monzo founder Tom Blomfield has warned.

On Mar 11, 2020
@InnFin shared
🗣️"We will put ourselves in a strong position to boost the fintech industry, and in turn support the economy as a whole.” @InnFin CEO @ccrosswell on the government's plans for an independent major strategic review of UK #FinTech! Source: @CityAM https://t.co/6HAK3LtlgX
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Budget 2020: Government to issue UK fintech sector review

Chancellor Rishi Sunak has today announced the government will carry out a review of the UK’s burgeoning fintech sector, as

On Mar 11, 2020
@leimer shared
RT @pennycrosman: The OCC, a national bank regulator, issued guidance around data sharing for banks. Data aggregators, fintechs and even some bankers are not too happy with it https://t.co/ngm3pbLIcD #DataSharing #OpenBanking
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OCC guidance on data sharing could stifle innovation, fintechs say

The agency's recent update to its guidelines for banks on working with data aggregators and other third parties was not extreme, but some critics say its heavy emphasis on security could be ...

On Mar 12, 2020
@FintechBot shared
Budget brings bliss to UK’s fintech brigade https://t.co/Dmk2aamRFq by @FintechDirect
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Budget brings bliss to UK’s fintech brigade

The Budget announced the three winners of the £2 million Affordable Credit Challenge Fund, which is designed to develop tech solutions to the challenges faced by the affordable …