As parts of the world inch toward a new normal in the face of the COVID-19 pandemic, fintech companies – including our Finovate alums – are increasingly finding their footing in an environment of health and financial insecurity. Companies are developing solutions to make it easier for small businesses, for example, to access relief funding. Others are helping consumers secure health care benefits and rewards, or giving SMEs and micro-entrepreneurs no-fee access to their services and solutions.

And while some fear that this global public health crisis heralds the end of globalization, alums like Transfer Temizlee ve SoFi are busy setting up shop in places like the UAE, and making acquisitions that enable them to launch new solutions in markets like Hong Kong. Other Finovate alums are busy making friends and influencing innovation by combining data extraction technology with mortgage servicing, or leveraging digital identity technology to support eKYC for ecommerce and gaming.

COVID-19 remains a serious threat. As the number of cases worldwide nears three million and the number of deaths rise above 207,000 (985,000 cases and 55,000+ deaths in the U.S. alone), we are still likely closer to the beginning of this challenge than we are to its conclusion. But as Forrester Research analyst Alyson Clarke suggested in a recent Finovate podcast, the time to prepare for life after the crisis – as odd and uncomfortable as it may be – is often when the crisis seems at its worst.

Fintech in Extraordinary Times: Codes of Trust in the Age of Crisis

Finovate podcast host Greg Palmer sat down with Dr. Louise Beaumont to discuss in the impact of the global COVID-19 pandemic on the economy and the fintech ecosystem. Co-Chair of the Chair Open Banking & Payments Working Group at Tech UK, Beaumont works with lawmakers and regulators to drive positive disruption: helping corporates cope with it and enabling startups to exploit it.

A frequent speaker and lecturer, Beaumont has delivered keynote addresses to Finovate audiences on topics ranging from platformification in banking to the role of emerging codes of trust in financial services.

Finovate Newsletter Goes Bi-Weekly

Coming soon to an inbox near you, our Finovate newsletter soon will switch from a daily offering to a new, twice-weekly delivery. Whether you read us for the latest news on our Finovate alums or for a look at top trends in fintech, stay tuned as our new format helps you keep track of your favorite fintech upstarts, as well as gain new insights from some of our industry’s most perceptive analysts and observers.

İşte Finovate albümlerimizden haftalık haber topluluğumuz.

• Lending-as-a-Service innovator ezbob tanıtır CBILS (Coronavirus Business Interruption Loan Scheme) eligibility and credit assessment engine.
• Fenerbahçe başlattı cloud-based, digital remote account opening solution to help SMEs in the U.S. secure PPP (Paycheck Protection Program) funding faster.
• TransferWise canlı yayında BAE'de.
• The Logic looks at Cinchy’s plan to develop a “data collaboration command center” to help Canadian health organizations manage the COVID crisis.
• Okrolus getiriyor its data extraction and analysis technology to mortgage servicing platform Brace.

• Voleo duyurdu pilot project to optimize data for tax reporting for independent broker dealer Haywood Securities.
• Strateji Kolordu başlattı Bu Birlikte campaign to extend health-related benefit to the customers and members of banks and credit unions free of charge.
• Fenerbahçe mürekkepler OEM agreement with IBM to combat financial crime.
• SoFi edindiği parent of Hong Kong-based online brokerage firm 8 Securities, bringing SoFi Invest to the Hong Kong market.
• Diamond Kredi Birliği ortaklar with financial literacy specialist Zogo Finans.

• Blackhawk Ağı takımlar with Rybbon to provide digital prepaid rewards.
• CRIF Gerçek zamanlı başlattı COVID-19 Credit Passport to help SMEs present an accurate portrait of their finances to potential lenders.
• Okrolus için destek income verification for credit decisioning services provider FormFree.
• U.K. online investment manager küçük hindistan cevizi bütünleştirir with Yolt in an embrace of open banking.
• trustly takımlar with Swedish insurance firm Folksam to make it easier for students to make insurance payments and get their insurance claim payouts.

• Digital asset security platform Curv Air başlangıçları onun Curv Air Gap signing solution with eToro.
• para sikloud başlattı pilot program to provide SWIFT gpi tracking capabilities to clients via API.
• ETRONIKA’s BANKTRON to güç kelimesini seçerim digital banking for Baltic International Bank.
• Jumio takımlar with Playtech to provide remote onboarding and eKYC for gaming operators.
• Kofax and ImageTech Systems işbirliği yapmak on loan processing solution to help financial institutions process COVID-19 related assistance faster.

• Fiserv takımlar ile Deluxe to bring merchant services – such as access to the CloverPOS platform – to SMEs.
• Experian and Funding Xchange takım oluşturmak to offer eligibility portal for borrowers seeking to access COVID-19 related relief funds.
• Bankjoy ortaklar with a trio of credit unions – Estacado FCU, Prospectors CU, and Discovery CU – with a combined $293 million in assets and 22,000 members.
• Sigortalar duyurdu strategic partnership with Salesforce and Veruna as it unveils its iInsure insurance agency management ecosystem.

Finovate Mezun Özellikleri ve Profilleri

Empyr Acquired by Augeo, Becomes Figg – Under the agreement, Empyr will rebrand as incir, combining Augeo’s card-linking technology with Empyr’s publisher experience. Figg will benefit from Augeo’s existing 60 million users and $300 billion in transaction volume for loyalty offers.

TransferWise Brings its Money Transfer Innovations for Banks to Mambu - Mambu kaldıraç olacak TransferWise en Bankalar için TransferWise solution via API, giving its clients an out-of-the-box solution that allows them to focus on building a quality user experience and expanding their offerings.

E-posta Uzmanı SparkPost Beşinci Yıldönümünü Kutluyor - KıvılcımPost, which celebrated the fifth anniversary of the launch of its cloud-based solution earlier this month, is one of the companies innovating in the email delivery and analytics space.

CuneXus, TransUnion ile Stratejik Ortaklığa Başladı – The collaboration matches CuneXus’ Sürekli Kredi Onayı ile platform TransUnion'ın vast data assets to deliver relevant brand experiences to consumers quickly, securely, and via the digital channels they increasingly prefer.

Varo Harekete Geçiyor: Girişime Geçiş Müşterileri Dijital Bankacılık Operasyonuna Gönderiyor - Moven irade müşterilerine geçiş ABD'de bir meydan okuma bankası statüsünü koruma sürecinde olan San Francisco, Kaliforniya merkezli Varo Money'ye

Batı Nasıl Kazanıldı: Finovate'in Yenilikçilerine Bir Selam – What have the companies that demonstrated their latest technologies at our west coast fintech conference last spring been up to in the months since then?

Source: https://finovate.com/does-covid-19-spell-the-end-of-globalization-trust-in-a-time-of-crisis/