Top news of the week: 16.07.2020.

#Fintech #banking #DigitalTransformation #regulation #fraud #compliance #riskmanagement #VBTransform #finserv #digital

Fintech

On Jul 15, 2020
@RAlexJimenez shared
💸 @wirecard Fraud Is Risk Management Lesson For #Fintech Companies via @forbes https://t.co/aJrex2H7lT #finserv #banking
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Wirecard Fraud Is Risk Management Lesson For Fintech Companies

Wirecard Fraud Is Risk Management Lesson For Fintech Companies

Many investors, analysts and regulators ignored the red flags and accepted company management’s word there was anything amiss.

On Jul 15, 2020
@FintechBot shared
Saudi Arabia’s Riyadh-Based FinTech Startup Lean Technologies Raises a $3.5 Million Seed Round https://t.co/jOVmtv9Z4v by @thefintechtimes 2020-07-15 14:01:01
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Saudi Arabia’s Riyadh-Based FinTech Startup Lean Technologies Raises a $3.5 Million Seed Round

Saudi Arabia’s Riyadh-Based FinTech Startup Lean Technologies Raises a $3.5 Million Seed Round

RIYADH, KINGDOM OF SAUDI ARABIA - Lean, a Riyadh-based financial technology platform, announced that it closed a $3.5 Million seed round from leading venture capital funds and sophisticated ...

On Jul 15, 2020
@FintechBot shared
Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy https://t.co/490pvmAWMb by @Coindesk 2020-07-15 16:19:31
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Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy

Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy

A mega food retailer may trail the digital yuan, an a16z alum is launching a VC firm focused on distributed tech and Ethereum's new client is "basically ready."

On Jul 15, 2020
@niccary shared
RT @GarrickHileman: Wall Street is at last embracing crypto. Why? Many reasons, but arguably the most fundamental is acknowledgement (sometimes begrudgingly) that cryptocurrency is not going away. https://t.co/EabkzsfBIH
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Crypto-Wall Street Convergence

Crypto-Wall Street Convergence

Traditional finance emerges from its crypto Trough of Disillusionment

On Jul 15, 2020
@FintechBot shared
EPA launches fintech recovery programme https://t.co/8hEhvWakzD by @Finextra 2020-07-15 15:39:00
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EPA launches fintech recovery programme

EPA launches fintech recovery programme

The Emerging Payments Association (EPA), which celebrates collaboration and innovation across the emerging payments industry, has today launched Project Recovery to help the UK FinTech make ...

On Jul 15, 2020
@FintechBot shared
Real time settlement in private capital markets via Security Tokens revealed in our interview with Ami Ben-David of Ownera. https://t.co/Vm9eYoDVTg by @BernardLunn 2020-07-15 10:00:35
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Real time settlement in private capital markets via Security Tokens revealed in our interview with Ami Ben-David of Ownera.

Real time settlement in private capital markets via Security Tokens revealed in our interview with Ami Ben-David of Ownera.

Trading and Settlement in Legacy Finance is the story of the Ferrari and the Donkey. We measure trading in fractions of a second. That is the Ferrari. Then we climb out of that speed ...

On Jul 15, 2020
@VentureBeat shared
Announcing nominees for the second annual Women in AI Awards #VBTransform https://t.co/QbaDaRb07P
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Announcing nominees for the second annual Women in AI Awards

Announcing nominees for the second annual Women in AI Awards

Winners will be announced on Friday, July 17 beginning at 3:55 pm. Awards will be made in 5 categories from Responsibility & Ethics of AI to AI Mentorship.

On Jul 16, 2020
@InnFin shared
Partner @awscloud and @HSBC strike global cloud banking deal! 🚀A long-term strategic deal in which @awscloud will be the sole cloud provider of the bank as it gears up to drive a long-term digital transformation Source: @AltFiNews Full: https://t.co/HLXedU0mSL
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AWS and HSBC strike global cloud banking deal

AWS and HSBC strike global cloud banking deal

Fintech banking challengers such as OakNorth, Monzo and Starling were early cloud adopters but big banks are now starting to prioritise digital transformation.