THE “DIGITAL WALLET RACE” INTENSIFIES AS BANKS AND FINTECHS AROUND THE WORLD INVEST IN INSURANCE: CHUBB SURVEY – AUG 16, 2023
The Embedded Insurance Strategy” is a global survey of 2,000 consumers and 200 finance leaders.
INDUSTRY-VERTICAL
OPEN BANKING, AI EXPECTED TO DRIVE CREDIT SCORING MARKET – IT-ONLINE
Juniper’s report urges use of Open Banking within alternative credit scoring enabling credit bureaus and other providers to access bank account data.
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DATAVISOR RELEASES NEW FRAUD SOLUTION TO ADDRESS REAL-TIME PAYMENTS FRAUD | BUSINESS WIRERAUD
DataVisor, the world’s leading AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud.
PROFILE OF NETSUITE (ORACLE)
A link to Netsuite, Oracle’s cloud-based solution used by many fintechs in the money transfer space, e.g., Paysend.
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AREAS OF INTEREST FOR FINTECH REGULATION
A slide showing the developments in fintech that attract regulatory interest.
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CBDC WALLETS AND THE SECURITY REQUIREMENTS
In this publicly available GSA report, authored by Teddy Kyung Lee, central bank digital currency (CDBDC) is defined, and contrasted with crypto. In addition to basic definitions, there is an emphasis on how CBDC wallets must be secured.
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CENTRAL BANK DIGITAL CURRENCY (CBDC) – SECURE ECOSYSTEM
A brief description of the steps that might be taken to create a retail and a wholesale central bank digital currency. This was originally a Linkedin post that was shared publicly.
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THE CONVERGENCE BETWEEN TELECOMMUNICATIONS AND FINANCIAL SERVICES
In this Linkedin post, developments are examined as mobile phones are becoming banks in our hands (or banks are being embedded into our mobile phones). This convergence of telecom and financial services has competitive implications for both.
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EU DIGITAL IDENTITY WALLET PILOTS PULL IN BIG NAMES BUT QUESTIONS EMERGE (CONSORTIUM IDENTITY MANAGEMENT)
In this article Visa, Idemia and Thales announce EU digital wallet consortium membership.