The mirror and the microphone of fintech

What really matters right now to fintech’s decision-makers?

In preparing this edition of Financial IT, we spoke to the organisers of the Money 20/20 Europe conference, which takes place in Amsterdam on 6-8 June. 

The organisers see themselves as being the ‘mirror and microphone’ of fintech. We fully agree with that description. Accordingly, we put three questions to them. 

Perpetual motion

Mastercard will foster game-changing conversations at Open Banking Expo Canada, which takes place in Toronto on June 15, 2023.

This marks the first year that Mastercard is headline partner of Open Banking Expo’s flagship Canadian event.

This year’s Canada Expo will bring together more than 500 Open Banking, Open Finance and Open Payments executives from the financial services and fintech ecosystem at the Metro Toronto Convention Centre.

The European Central Bank has published today the summary and the lessons learned from the prototyping exercise it has conducted from July 2022 to February 2023 to test how design choices for the digital euro could be technically implemented and integrated into the existing European payments landscape.

Office workers spend a huge amount of time checking their inbox. They are constantly reading and responding to emails throughout the working day. Even when they get on the bus or train to go home they are looking at the messages on their phone.

Because they are ‘always on’, it results in an unhealthy work-life balance. Email burnout may sound like a made up term, but the problem is, in fact, very real.

Sixfold, a groundbreaking InsurTech startup, has launched the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.

UK consumer lender Fluro has launched the second edition of its “Consumer Lending Newsflash”, examining current trends across the entire UK open market, encompassing major price comparison website partners.

The data shows that there was a 22% uplift in consumers making loan requests during April 2023, compared to the same period last year.

Skorlife, the Indonesia-based FinTech start-up focused on improving credit score transparency, has successfully raised $4m in a seed funding round.

The funding round was spearheaded by Hummingbird Ventures, attracting further investment from QED Investors as well as repeat investors AC Ventures and Saison Capital, according to a report from TechCrunch.

Niyo, a leading fintech company, recently expanded its multi-bank partnership proposition, by onboarding Equitas Small Finance Bank as a new banking partner for its Niyo Global programme (debit or credit card issued by partner bank).