Community
Fintech discussions and conversations around the development of fintech.
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Shawn Conahan Chief Revenue Officer at Wildfire Systems, Inc.
Today, an abundance of consumer choice online has become the norm, and hyper-competitiveness rules. We have shifted into the Loyalty Era, in which consumers are no longer only swayed by the lowest price. This era, characterized by limitless consumer options, low friction enabling easy switching among those options, and high consumer expectations, ...
15 October 2024 /retail
Nico Barawid Co-founder at Tunic Pay
It’s been a busier year than usual for fraud teams at UK banks as they’ve grappled with significant regulatory change handed down on a tight deadline in an effort to stem the rising tide of payments fraud. Starting 7 October, every UK retail bank is required by the Payment Systems Regulator (PSR) to reimburse customers who lose money in proven inst...
14 October 2024 /identity /crime
Roman Eloshvili Founder and CEO at XData Group
Entering the final quarter of 2024, the fintech industry is showing signs of improvement compared to the funding decline of 2023. However, despite some recovery, the global fintech ecosystem is still far from its peak. Investment levels and deal volumes are still lower than in previous years. Notably, regions such as the UK and parts of the US ha...
14 October 2024 /startups /markets
Arun Poojari CEO & Co - Founder at Cashinvoice
MSMEs are the heartbeat of economic vitality, fueling 30% of our GDP and generating a wealth of job opportunities. Recognizing the growing importance and number of MSMEs in the sector, now numbering 64 million, the government has introduced initiatives like Udyam to boost credit growth and provide incentives to support the industry. Despite this, ...
14 October 2024 /regulation /inclusion
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The Financial Conduct Authority (FCA) has set higher standards for financial services firms through the implementation of the Consumer Duty, a key part of its 3-year strategy to promote transparency, fairness, and consumer protection. In a recent multi-firm review conducted in early 2024 and published the 9th of October, the FCA evaluated how pay...
09 October 2024 /regulation /inclusion
Prashant Bansal Sr. Principal Consultant at Oracle
Banking as a Service (BaaS) has emerged as a transformative force in the financial sector, challenging traditional banking models and offering innovative solutions. BaaS enables non-financial institutions to integrate banking services into their own products and platforms, leveraging the technology and infrastructure of licensed banks. This disrup...
09 October 2024 /inclusion
The FCA has released a detailed report on the Price and Value Outcome as part of its ongoing Consumer Duty framework. This update provides crucial insights into how firms can ensure they deliver fair value to their customers and highlights examples of both good and poor practices across the financial services sector. Below are some of the most im...
07 October 2024 /regulation /inclusion
Retired Member
Is fintech losing its steam? Hardly. While some may argue that innovation in financial technology has plateaued, the reality is that we're on the brink of a new revolution—one led by artificial intelligence (AI). Far from slowing down, fintech is rapidly evolving, and AI is transforming not just the "how" but the "why" of financ...
04 October 2024 /ai /payments
Rafa Plantier Head of Go-to-Market at Gigs
Credit inclusivity is the bedrock of a healthy economy. With access to credit, people can invest in their future, whether that's buying a car, paying for higher education or planning for the unexpected. But when lenders tighten their belts, it is much harder for everyone - especially young people, minorities and anyone with any negative credit his...
03 October 2024 /startups /inclusion
The Financial Conduct Authority (FCA) has provided a detailed update on the cash savings market following its initial review published in July 2023. This latest report, released in September 2024, assesses how banks and building societies are improving customer outcomes, particularly concerning interest rate pass-through, fair value assessments, a...
30 September 2024 /regulation /inclusion
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