by Florin Oprea
Ashley Stewart – Business Journal (sub)
Skytap is one of several Seattle-area companies expected to go public in the near future, although most aren’t as transparent about specific plans.
James Titcomb – The Telegraph
Paypal’s chief executive has dismissed Apple’s assault on person-to-person payment apps, suggesting the iPhone giant’s forthcoming money transfer service will struggle to compete against his company’s rival apps.
FAO: Interesting defence strategy…
Adam Levy – The Motley Fool
Apple has a knack for coming into markets a bit late, but offering something innovative to drive user adoption.
Mfonobong Nsehe – Forbes
Payments and remittances startups account for the majority of Africa’s over 300 fintech startups, though blockchain companies are the more likely to secure funding.
FAO: A good testing playground for fintech, just like in some parts of the Eastern Europe. The relatively recent private and public investments in telecom & IT infrastructure lead to a thriving fintech sector in some of these regions.
Leigh Cuen – International Business Times
Singapore is one of the leading hotspots for financial tech thanks to flexible regulation plus national initiatives to fund startups and integrate blockchain innovation into the local economy.
Terry Pender – The Record
A leading tech visionary believes the world is at the front end of a massive transformation on the scale of the industrial and agricultural revolutions.
FAO: And we share his visions…
Paul Smith – Financial Review
The departing chief executive of Australia’s newest bank, Tyro, has flagged it faces challenges in scaling up its start-up operation to position itself as a disruptive rival to the established big four institutions.
Jeff Patterson – Finance Magnates
Ninni Pramdell joins Cinnober, overseeing the group’s finances as its first CFO.
FAO: Good luck!
Xu Gao – Crowdfund Insider
Facing the challenges from the online finance industry, the People’s Bank of China (PBOC) and four other departments including the China Securities Regulatory Commission (CSRC), China Banking Regulatory Commission (CBRC), China Insurance Regulatory Commission (CIRC) and Standardization Administration issued a plan of constructing a standardization system for the industry.
Neil Ainger – CNBC
There are many famous business stories of companies such as Xerox and Kodak that fell from dominant positions due to a failure to understand or implement new technology that was set to disrupt their industry.
TDN: We live in a multi – dynamic world. We are at the point in which, life without technology is meaningless. The same in business: technologies bring together the best means to exchange and use information.
Transforming Thailand into an innovation economy and startup hub is certainly a monumental task, and it would be a gross oversimplification to break down all of its challenges to a single factor
John Biggs – TechCrunch
All eyes are on Columbus. And they can’t fail. The city just received a $277 million Smart City grant from the federal government to build out tools and techniques that will define the city of the future.
Hayley Ringle – The Phoenix Business Journal
The Phoenix metro area has a number of local incubators and accelerators to help startups and entrepreneurs scale their business.
Irina Popescu – Romania-Insider
Telecom group Orange has launched its Orange Fab international startup accelerator program in Romania, the company announced on June 15 at a tech event in Bucharest.
FAO: Speaking of good testing playgrounds for fintech…
Cole Lyons – Crowdfund Insider
FESE recently published their response to the European Commission’s Consultation, “FinTech: a more competitive and innovative European Financial Sector.” In their response, they listed three principles that they believe will be vital for the development of the Fintech market and stated their belief that there are no current grounds for major legislative changes.
Thomas Grundy – Banking Exchange
How tech evolution has brought banking and compliance to today’s crossroads
Madhvi Mavadiya – Forbes
With the investigation into Russia’s involvement in the US election and with Trump being in the media spotlight, other activity in the region is not being recognised on the same scale, especially big events occurring in the fintech industry.
FAO: Touches politics a bit, not our area. But focuses on Russian fintech.
AJ Dellinger – International Business Times
PayPal users are being targeted by a phishing scam that goes beyond just trying to steal a user’s login credentials—it also asks the victims to take a selfie while holding credit cards and form of identification.
FAO: Florin Adrian Oprea, Editor-in-chief FinTech Daily News
DNT: Decebal Nicolaie Todarita, Editor FinTech Daily News