The National Crowdfunding and Fintech Association of Canada (NCFA) and TODA Network have presented an inaugural pop-up digital magazine called "Blockchain Fintech Confidential." The magazine features the five missing necessities to move blockchain from .02 percent global penetration to the remaining 99.8 percent; Amazon, Alibaba, Walmart and Tencent in India, turning payments into lifestyle companies; and how one company raised $220 million in four years.
Banking and finance professionals attended the Global SME Finance Forum 2018's study tour on November 5 in Madrid. The tour featured 12 financial institutions and fintechs that have best in class, innovative ways of serving SMEs clients.
One of the participants said the tour was time well spent.
"They shared so many things that actually blew my mind and broke all the paradigms," said Robert Ochola, African Export-Import Bank. "These guys used innovation from two years to around seven months, from actual ideation to commericialization."
Erik Feyen, Lead Financial Sector Economist, FCI and Michael Casey, author and senior advisor at MIT Media Lab's Digital Currency Initiative presented The Truth Machine: Blockchain and the Future of Everything on Nov 5. View Feyen's presentation slides from the discussion.
Washington, D.C. December 11, 2018 – United Commercial Bank (UCB) Limited became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
FinovateEurope returns to London in February 2019, bringing you the targeted fintech insight and focused networking you need. Make the strongest business connections with senior decision makers and ensure you don’t get lost in the crowd: Pre-arrange meetings before to make the most of your time at Finovate, and know that the right people you want to meet are there, ready for you to bump into.
Nordic Banks are shifting their focus toward more technology implementation to gain a competitive advantage against non-traditional fintech competitors.
According to the article, several Nordic banks have plans to move their branch services completely online.
“Like many banks, we must face the reality of change,” said Timo Ritakallio, OP Financial’s CEO. “We need to transform in a way that best serves the needs of our customers. Changing to a more technology-rich environment will also create a significant number of new opportunities.”
In recent years, there has been a renewed appreciation for the critical role SME-focused development banks play in the economies of many countries. Besides supplying much-needed capital to businesses during times of crisis and recession, development banks are increasingly supporting essential change.
Founded 12 years ago, CreditEase offers inclusive finance and wealth management for SMEs. The China-based fintech company provides products and services such as: payment, technology, marketplace lending, crowdfunding, robo-advisory services, insurance technology and blockchain products and services.
With a US $1.890 billion financing gap for China’s 56 million MSMEs, the need for fintechs and entrepreneurs is pertinent.
Finovate is heading to Africa! Join us in Cape Town November 26 and 27 for two days of fintech innovation from and for the African market. FinovateAfrica will feature our signature blend of live, short-form product demos and insightful presentations from financial experts. Plus high-impact networking time to give you the tools you need to succeed.
Join the Global SME Finance Forum 2018 on November 5 to access study visits to financial institutions and fintechs that have best in class, innovative ways of serving SMEs clients.
BBVA: Commercial Bank – Second largest bank in Spain – Banking, insurance and asset management
