Viewing posts categorised under: FinTech

Golden opportunities for Kiwi tech sector in South East Asia

Chantal Thomas
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FinTech, Industry News, NZTech News

Kiwi companies are queueing up to do business with Vietnam and other similar sized Asian countries, a leading New Zealand technology businessman says.

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FinTechNZ News Update

Chantal Thomas
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FinTech

A big thank you to those who attended our recent FinTechNZ Connect event series in Wellington, Christchurch and Auckland. If you missed our winter event series, read the highlights and key learnings here.

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Crypto Bubble Will Burst and It Will Be Ugly

Chantal Thomas
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FinTech

Article from Vito Petan on LinkedIn

It seems almost every day that we are hearing of a new Initial coin offering raising tens (or hundreds) of millions dollars in a matter of days and the sheer mention of blockchain is invoking animal spirits in both investors and the general public. A friend recently told me that his hairdresser is now investing into Ethereum, and even the taxi drivers nowadays seem eager to discuss the newest crypto coin on the block. EOS recently raised $185 million even though their white paper states issued tokes do not have any purpose.

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Open Banking and the Future of Financial Services – Are you a survivor or thriver?

Chantal Thomas
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FinTech

Every day there is a new article that discusses the sea change disrupting the banking industry. This change, they say, will fundamentally disrupt the financial services value chain for customers, intermediaries, and incumbents alike. There is no avoiding the signs.

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Early engagement required for FinTech success

Chantal Thomas
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FinTech

The latest FinTechNZ Connect event series in Wellington, Christchurch and Auckland raised important issues, a constant theme being the need to engage early with authorities and business.

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NZTech expansion sign of rampant tech sector growth

Chantal Thomas
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AI Forum, FinTech, Media Release, NZ IoT Alliance, NZTech News

The substantial growth of the country’s umbrella tech organisation NZTech is indicative of the rapid expansion of the nation’s fastest growing industry, says its chief executive Graeme Muller.

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FinTech will grow globally through collaboration

Chantal Thomas
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FinTech

Article from www.virgin.com

In some ways big business has never been bigger. As Apple surges past an $800bn valuation it’s increasingly clear that a small number of tech companies are monopolising international markets.

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Fidelity adds Bitcoin to website and cafeteria as the digital currency hits new record

Chantal Thomas
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FinTech

Article from Vito Petan on LinkedIn

Fidelity, one of the largest asset managers in the world, added bitcoin support to their website and started accepting the digital currency in its employee cafeteria, as it tries to position itself as the pioneer in digital currencies among the large financial firms. As Bitcoin price hit $2,650 today, it is just another sign that Bitcoin and and other possible usages of blockchain are moving full steam ahead into financial mainstream.

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Can banks survive the FinTech revolution?

Chantal Thomas
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FinTech

Article from Vito Petan on LinkedIn

In a country where a staggering 425 million people, or 65% of all mobile phone users use mobile phone wallets to transfer money to their friends or pay at local shops and restaurants in mere seconds, there is also a contrasting experience. Outdated state owned banks, where you usually have to wait at least 30 minutes to get to a counter and sign 3 sheets of paper before you can transfer money dominated the industry with no real competitors in sight. Until now.

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Launch of Zelle Is Proof That FinTech Firms Have the Power to Sway Big Banks

Chantal Thomas
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FinTech

Article from www.letstalkpayments.com

Since its founding in 2009, Venmo has established itself as one of the premier peer-to-peer money transfer servicesand one of the most prominent names in FinTech. From its humble beginnings as the brainchild of former college roommates, the app was the first to enable quick and easy money transfer between friends and last year processed $17.6 billion worth of payments, a 135% increase from the previous year. In 2016, Time magazine named it one of thebest apps of the year, and in 2017, Fortune magazine named it one of its breakthrough brands. It has, without a doubt, changed the landscape of P2P payments by taking advantage of the inefficiencies of exchanging money with friends via traditional methods offered by the big banks.

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