Amigo Loans customer complaints soar. While Amigo is only a minnow in the Alt lending scene it is in some ways a microcosm of what can go wrong during a Black Swan event such as a pandemic. In many ways it is almost textbook. For a starter this company will only lend to you […]
Here is our pick of the 3 most important XBRL news stories this week. 1 ESEF audit The introduction of the new European Single Electronic Format (ESEF) includes a set of requirements around assurance of digital disclosures – but how will “ESEF audit” actually work? The European Commission (EC) has now published a long-expected explanatory note clarifying aspects […]
The post XBRL News: ESEF, sustainability standards and business models appeared first on Daily Fintech.
After eleven weeks of chronicling discernible trends and dominant movers in insurtech, I have barely scratched the surface of major shifts the $5 trillion global insurance industry is embarking upon. Meantime, I have covered upstart unicorns, innovating incumbents and those in between. The period saw more press go to extol virtues of the booming insurtech […]
When, if ever, will we get our stablecoin(s)? Here is our pick of the 3 most important Stablecoin news stories during the week. This last week we have heard quite a bit of “go slow” commentary on the pace of delivery of this future form of money. Let’s try to summarize and make sense of […]
The post Stablecoin News for the week ending Wednesday 18th November. appeared first on Daily Fintech.
Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019. I admit that Twitter is an energy vampire. Don’t get me wrong, philosophically, there is no good or bad, black or white, ethical or unethical. All I want to say, is that I have become very much aware that more than 30min […]
The post Reflections on core banking infrastructure as a moat appeared first on Daily Fintech.
The cross border payments market is big. As per McKinsey, global payments revenues were $1.9 trillion in 2018, a big part of most bank’s transaction banking revenues. What happens when cross border payments moves to free? It is possible that cross border payments price comes down by 90% and volumes increase by 10x ie the […]
The post Cross border payments part 4: opening the door to adjacent markets appeared first on Daily Fintech.
The coronavirus had a negative impact on investment in early stage crypto startups, early in the year. The economic uncertainty caused by the pandemic made venture capital companies hesitant to invest in the first half of 2020. Yet, there is reason for optimism, as things are starting to turn around. In the third quarter of […]
This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. To continue receiving This Week in Fintech, you can either become a paying Member for $143 per year (and receive all our content in addition to this weekly summary) by clicking here. If you just want to […]
Banking Fintech Stars tailor their strategies to get to profitability Fintech Start ups Monzo and Revolut are the stars of digital banking as well as being bitter rivals. But they do have one thing in common in that they are both currently loss making and despite being popular with their newly acquired clients are […]
Here is our pick of the 3 most important XBRL news stories this week. 1 Global regulatory community lines up behind behind digital reporting The global regulatory community has put its support behind digital regulatory reporting (DRR) initiatives acknowledging supervisors require the ability to collect better quality data more efficiently. The Bank of International Settlements (BIS), […]