This is a roundup of industry news and links for the month of May that have informed, entertained, and inspired us.
Here’s our monthly roundup of industry news:
Fintech in the Eye of the Storm – A fintech investor’s view of the industry in 2020 and beyond.
COVID-19’s Impact on the Future of Fintech – The COVID-19 crisis has put the entire banking ecosystem under stress, with the need for personalized digital solutions, a strong capital foundation and visionary leadership being more important than ever. There will be winners and losers among both legacy banking organizations and fintech firms. Which fintech firms are the best positioned for the future post COVID-19?
Why FinTechs should be at the heart of rebuilding the post-Covid economy – The Covid-19 crisis and subsequent initiatives like the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBLS) have created a huge challenge for lenders. The government has tasked them with distributing billions of pounds to SMEs in a matter of weeks. All while sticking to the normal compliance and risk procedures that, while essential, can delay decisions.
Google – The Next Big Fintech Vendor – Four recent stories regarding Google signal that it, too, is following a similar path and is on its way to becoming the next big fintech vendor.