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Digital Payments Startup GPay Awarded Vietnam License

PYMNTS

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services. In 2019, Payme, FinViet, EPay, PayTech, Dibee and Smart Net were granted licenses from Vietnam’s central bank.

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BI Ignite 2019 DEMOvation Application Deadline is Friday

Bank Innovation

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

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Is Shopify a Fintech player now?

Lars Markull

You have probably read somewhere that Shopify is now becoming a FinTech company due to the launch of a couple of new products. A few years ago it was quite easy to identity Fintech players but the lines are getting blurry. And now coming to the most crucial Fintech announcement by Shopify: Shopify announced their own bank account.

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Catch the Early Bird Rate for Bank Innovation Ignite Before It Flies Away!

Bank Innovation

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM.

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Five tech trends to set banks apart in the post-digital era

Accenture

UK-based fintech CreditEnable is helping corporate lenders tap into the power of digital demographics by collecting extensive global financial datasets on small and medium enterprises (SMEs) and using proprietary credit algorithms to quickly generate insights on both risk and opportunities. 1 CreditEnable.

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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. The one million euros will be spent through 2019, according to reports. As has been reported, the U.S.

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5 Ways Ant Financial & Tencent’s Fintech Growth Playbooks Are Evolving

CB Insights

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

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