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Why FinTech start-ups think they can beat the banks

Chris Skinner

The problem is that old systems and legacy technologies stop the bank moving forward into the nimble and agile future on offer today, and this is exactly what FinTech start-ups believe they can exploit as it is clearly a weakness for the large banks. Some call them legacy, others call them handcuffs, but whatever they are is a problem.

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Mexico Sets Its Sights On FinTechs To End Poverty

PYMNTS

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. The report noted that banking systems embedded on mobile phones are popular in emerging markets, including in China, India and Kenya , driven in part by private-sector FinTechs.

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How do VCs See the Next Phase of the Fintech Revolution?

The Financial Brand

This article How do VCs See the Next Phase of the Fintech Revolution? appeared first on The Financial Brand. A new report from fintech investors explores the “immutable laws”, likely trends and potential disruptors shaping the future of financial technology through 2030 and beyond.

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The legacy clock is ticking

Chris Skinner

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga.

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Philippines Payments Platform Closes $120M Investment Deal

PYMNTS

The FinTech firm is taking meetings with new strategic and financial partners. This fresh round of investment is a testament to Voyager’s success in providing Filipinos with access to convenient, relevant and inclusive digital financial services through PayMaya,” the five investors said in a joint statement.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Grab some popcorn and watch.

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3 Strategies Goldman Sachs can use to build a Fintech powerhouse

Lex Sokolin

There are, all of a sudden, a lot of deals being done across financial technology. Because apparently, Goldman Sachs is considering buying up Wells Fargo, PNC, or US Bancorp to accelerate its transformation into a consumer banking brand. Capital markets and private wealth bets come naturally to the company.