Companies around the South American country are driving a movement towards the "fintechtization" of the sector.
While the focus of the new bill that recently passed the Senate has been on banks, it could effect fintech is a big way; the bill releases restrictions on banks, especially smaller one’s, where they can better leverage technology and potentially hurt the market share of fintechs; banks were heavily restricted after the financial crisis when many of these regulations went into effect; if the bill were to be signed then fintechs would have to start ensuring they can be long term sustainable businesses. Source.
Yapily offers an open banking API that serves all sorts of enterprises including financial service providers, merchants, accountancy firms, payments...
Denmark based Saxo Bank announced a partnership with Microsoft to host the bank’s entire technology stack on the Microsoft Azure cloud; the bank said the partnership will allow them to ensure scalability, flexibility and security in the digital infrastructure; Kim Fournais, the bank’s founder and CEO, tells Banking Technology “Saxo Bank was a fintech long before the term was created, and it is a natural step for us to also pioneer cloud-based solutions in financial services.” Source.
In episode 39 I talk with Don Muir of Arc. Arc is the full-service finance platform for SaaS, providing startups with customized products.
"Unsecured lending" repeats some of issues of undercollateralized lending that blew up some crypto firms, but offers a potential solution.
Williams recently sat down with The Financial Revolutionist to talk about Cadre and commercial real estate; Williams discusses the inefficiency...
Right now the U.S. digital banking market is being driven on two simultaneous tracks with private market solutions and regulation;...
Singapore is currently evaluating more than twenty applications for five digital banking licenses but many believe those approved will struggle...
With 132 fintech startups, Peru is coming to life in Latin America as another important hub for financial technology.