Fintech Brain Food 🧠

Fintech Brain Food 🧠 analyzes and summarizes key fintech trends, focusing on the intersection of technology and finance. It covers topics like regulatory changes, the role of big tech in finance, cryptocurrency's impact, the evolution of payments and lending, and the significance of partnerships and data privacy in reshaping the financial landscape.

Cryptocurrency and Blockchain Payments and Digital Wallets Banking and Fintech Partnerships Regulatory and Market Trends Financial Technology Innovations Artificial Intelligence in Fintech Open Banking Embedded Finance Lending and Credit Consumer Finance Trends

The hottest Substack posts of Fintech Brain Food 🧠

And their main takeaways

Fintech 🧠 Food - The Future of Banks

412 implied HN points • 03 Mar 23
  1. The future of banks depends on more than just having the right strategy - it involves delivering engaging experiences closer to customer context.
  2. The next decade could see many more Fintech companies heading to IPO, like Nubank and SoFi.
  3. Banks must adapt to the changing landscape where wallets are becoming the new accounts and focus on serving the embedded finance market.

Fintech 🧠 Food - Worldcoin and The Future of Identity

393 implied HN points • 03 Aug 23
  1. Q2 earnings season shows Fintech companies benefiting against banks with high-interest rates
  2. Digital wallets are becoming the norm over credit cards among younger consumers
  3. Worldcoin's launch sparks debates on the future of digital identity and universal basic income

Fintech 🧠 Food - The weekend that prevented a financial meltdown

373 implied HN points • 18 Mar 23
  1. Long term, the Fed might need to print money again, devaluing the dollar and putting treasuries at risk.
  2. Preventing bank runs is about confidence and trust, not just liquidity.
  3. The banking system faces challenges with rising interest rates, risking bank collapses and a crisis of confidence.

Fintech 🧠 Food Presents: The State of Fintech 2023

491 implied HN points • 08 Dec 22
  1. Fintech industry experiencing fear with lay-offs and down rounds after a euphoric 2021
  2. Rising interest rates benefiting traditional finance but not leading to a new golden age for banks
  3. Focus on compliance, embedded finance, and improving unit economics to address challenges in Fintech

Fintech 🧠 Food - Fintech Infrastructure Wars, FTX Acquirers Voyager Assets & how Jamie Dimon resolved an age old payments issue

628 implied HN points • 27 Sep 22
  1. Real-time payments are becoming the norm and global, with huge potential benefits for consumers and businesses.
  2. Fintech infrastructure companies face challenges and opportunities in different market vintages, requiring strategic reactions.
  3. There is a trend towards mergers and acquisitions in the Fintech industry, highlighting the importance of culture and strategic partnerships.
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Fintech 🧠 Food - Bank and Fintech Partnerships

334 implied HN points • 24 Jul 23
  1. Fintech industry is seeing partnerships between banks and Fintech companies for revenue diversification.
  2. FedNow launched, but faces competition from existing payment systems like Visa Direct.
  3. Fintech companies selling to banks face challenges in understanding banking complexities and procurement processes.

Fintech 🧠 Food - Moats in Fintech

334 implied HN points • 30 Jun 23
  1. Fintech trends show a shift towards partnering with enterprises rather than competing.
  2. PSD3 in Europe aims to open up payment systems and enhance data sharing for Fintech companies.
  3. Orchestration and close-to-the-metal approaches in fintech have different paths to success based on market dynamics and timing.

Fintech 🧠 Food - KYC is still broken

353 implied HN points • 27 Jan 23
  1. KYC processes in the financial industry are still inefficient and ineffective, leading to significant financial losses to money laundering annually.
  2. Banks are adapting to compete with tech giants like Apple and PayPal by launching their own e-commerce wallet services, aiming to retain consumer mindshare.
  3. Crypto banks are facing challenges due to lower deposits, leading them to borrow billions, highlighting the struggle small banks are facing in the current financial landscape.

Fintech 🧠 Food - Winning at Embedded Finance, FTX and the tiny bank & Starling blocks Crypto

452 implied HN points • 25 Nov 22
  1. Embedded finance is becoming a big deal in financial services, but regulatory scrutiny is a key challenge to overcome.
  2. Interest rates and regulatory scrutiny are shaping the landscape of embedded finance and fintech partnerships.
  3. Understanding the regulatory landscape and compliance is crucial for success in the embedded finance opportunity.

Fintech 🧠 Food - The Future of Trust

314 implied HN points • 22 Apr 23
  1. Trust is key in the finance industry, especially with the shortage of trust following events like the banking crisis and other financial failures.
  2. Apple is focusing on owning the identity and trust of users through their ecosystem, posing a threat to traditional financial institutions.
  3. The future of trust in finance is evolving, with a shift towards real-time transparency, storytelling, and data-driven risk management.

Fintech 🧠 Food - The Complex Future for FedNow

275 implied HN points • 14 Apr 23
  1. Fintech industry in the US had a big week with Plaid, Visa, and FedNow updates.
  2. Faster payments are becoming the norm, despite posing new risks like scams and revenue challenges for providers.
  3. Artificial intelligence and language models are gaining traction in compliance tasks, and tokenization could be a game changer.

Fintech 🧠 Food - India as the bull case for Fintech

314 implied HN points • 13 Jan 23
  1. India is seen as a massive opportunity for Fintech due to its young population, top tech talent, digital infrastructure, and unique challenges.
  2. Four Fintech companies in the spotlight this week offer services like SMB checking, in-app payment ecosystems, and card-linked offers for CEE.
  3. Key insights include Coinbase focusing on core business, JP Morgan partnering with TikTok for payments, and Twitter exploring tipping features to help creators earn on the platform.

Fintech 🧠 Food - The Fintech Hype Cycle

294 implied HN points • 19 Jan 23
  1. The Fintech industry is transitioning towards becoming a mature part of the lending ecosystem.
  2. Fintech companies like ReadyLife, Celeri, TrueBiz, and Privvy are innovating in areas like helping renters become owners, compliance platforms, KYB API, and solving web3 UX challenges.
  3. Key trends include the rise of security & compliance focus, alternative investments, and increasing interest in climate tech within the Fintech sector.

Fintech 🧠 Food - WTF Happened to FTX?

393 implied HN points • 09 Nov 22
  1. FTX faced a significant crisis, affecting its reputation and market stability
  2. The relationship complexities between FTX, Alameda, and Binance led to uncertainty and concerns
  3. The incident highlights the importance of trust, customer fund protection, and the need for a better Crypto ecosystem

Fintech 🧠 Food - Ripple vs SEC concludes & $250m fine for Bank of America

235 implied HN points • 14 Jul 23
  1. Ripple won the case regarding securities, providing regulatory clarity for digital assets.
  2. Big banks like Bank of America face massive fines for wrongdoings, affecting both revenue and reputation.
  3. Fintech industry faces challenges with fraud like Revolut's $20m loss, emphasizing the importance of compliance and risk management.

Fintech 🧠 Food - 7th August 2022 - Robinhood layoffs, Coinbase up 60% & Is Fintech more Finance or Tech?

491 implied HN points • 07 Aug 22
  1. Rapid growth in Fintech companies has seen successes like Coinbase and challenges like regulatory scrutiny and layoffs in companies like Robinhood.
  2. There are still opportunities for innovation in Fintech, particularly in solving consumer financial problems and areas like global transaction banking, B2B payments, and capital markets.
  3. Fintech exists at the intersection of finance and technology, with a growing focus on infrastructure improvements, the rise of DeFi, and the evolving dynamics of the industry.

🍝🧠 - July 10th 2022 - Manufacturing vs Distribution in Finance, The central bank of FTX & why down rounds are good.

511 implied HN points • 08 Jul 22
  1. Financial services distribution is changing with the rise of Fintech and DeFi, posing new challenges and opportunities for banks and institutions.
  2. Manufacturing and distributing finance involves storing, moving, and lending money, with banks navigating changes over time.
  3. DeFi is revolutionizing finance by decentralizing lending, allowing anyone to provide liquidity and shifting how financial products are created and distributed.

Fintech 🧠 Food - M2020 impressions, Apple breaks NFTs and Amazon adds Venmo

334 implied HN points • 27 Oct 22
  1. From Money 2020 Vegas: Consumer Fintech needs to diversify quickly to show positive economics.
  2. B2B Fintech companies have more revenue by default and benefit from larger business customer balances.
  3. Infrastructure in Fintech is crucial for revenue growth and cost-cutting, especially with a focus on embedding finance.

Fintech 🧠 Food - The future of B2B Fintech, Chase does get paid early & even Apple does savings now - 23rd Oct 2022

334 implied HN points • 19 Oct 22
  1. The future of B2B Fintech market is evolving with a focus on solving problems for growth companies
  2. Fintech companies are innovating in areas like expense management, financial operations, and revenue-based finance to cater to the needs of businesses
  3. Big players like JP Morgan and Apple are entering the Fintech space with offerings like early payday deposits and savings accounts, impacting the industry landscape

Fintech 🧠 Food - The future of trust, Unit does Credit & WTF happened to Genesis?

294 implied HN points • 17 Nov 22
  1. Trust is crucial in finance, especially in the fintech and crypto industries.
  2. The future of trust in finance involves competing visions of returning to institutions versus a more radical user-centered approach.
  3. Building trust in decentralized finance (DeFi) requires addressing issues like scams, hacks, and fraud, along with implementing transparency and global standards.

Fintech 🧠 Food - A Fintech good news story Wise is hiring! What if Twitter did Payments? SBF Interview & BlockFi bankruptcy

255 implied HN points • 30 Nov 22
  1. Wise is hiring 100s of new staff, showing growth in Fintech amidst layoffs in other sectors.
  2. Speculation on what Twitter could achieve if they delved into payments, leveraging their user-friendly @handle system.
  3. BlockFi filing for bankruptcy highlights the intersection of CeFi and DeFi, showcasing possible future infrastructure convergence.

Fintech 🧠 Food - Sep 2nd 2022 - Is Crypto a scam or just full of scams? Klarna results, Ticketmaster does NFTs and the trouble with real estate Fintech.

334 implied HN points • 01 Sep 22
  1. Crypto has both innovation potential and fraudulent schemes, with a small percentage contributing positively.
  2. Fraud is a significant challenge in the financial services industry, but collaboration can help address it.
  3. BNPL companies face profitability challenges as they navigate tightening lending practices and market corrections.

🧠🍝 - 3rd July 2022 - The bull case for DeFi, FTX does all the things, and the Robinhood memestock reckoning begins

373 implied HN points • 29 Jun 22
  1. Fashionable to critique web3 and cryptocurrency for the volatility and risks in the market.
  2. Traditional finance is limited by outdated technology and regulations, lacking global connectivity and transparency.
  3. Decentralized finance (DeFi) offers a new, global, digital, and transparent financial system that could revolutionize ownership, lending, and transactions.

5th June 2022 - Can Neobanks ever be profitable? Layoffs at Bolt, Stripe Marketplace & The importance of time to money

373 implied HN points • 03 Jun 22
  1. Consumer Neobanks often struggle to make a profit despite high adoption rates and face challenges with cost structures and revenue models.
  2. Digital banks have cost advantages over traditional banks in customer acquisition and management, but may struggle to generate as much revenue.
  3. Revenue sources for Neobanks and Digital Banks include interchange fees, subscriptions, embedded finance, real-time payments, stock trading, crypto, and lending, offering opportunities for diversification and growth.

Fintech 🧠 Food - I'm Long Fintech Talent, The DeFi Hacks and Marcus gets its wings clipped - 16th October 2022

216 implied HN points • 13 Oct 22
  1. The Fintech market is experiencing layoffs and changes, creating opportunities for individuals and the industry.
  2. Goldman Sachs is shifting its strategies, limiting consumer offerings like Marcus and focusing on partnerships and savings.
  3. Banks are adapting to market changes, exploring new opportunities, such as partnering with Fintech companies for lending and embracing embedded finance.

Fintech 🧠 Food - 27th March 2022 - Why adding value in payments wins, Apple acquires UK Open Banking provider & Investors Ape into Bored Ape creator.

373 implied HN points • 24 Mar 22
  1. The most successful business model in Fintech is owning the payment and adding value around it.
  2. Competing on the value created in payments is key - providing seamless, risk-free, faster, and admin-free payment experiences.
  3. Businesses that own the payment and leverage data to add value are well-positioned to succeed, especially in lending, during inflation.

24th April 2022 - Robinhood Acquires Ziglu, Coinbase NFT Marketplace and why isn't there a global consumer Fintech company yet?

334 implied HN points • 22 Apr 22
  1. Building a global consumer Fintech company is challenging due to regulation, infrastructure, talent acquisition, focus, and cultural adaptation.
  2. Infrastructure providers in the Fintech industry have limitations in global coverage, which impacts expansion and operation.
  3. Fintech companies that start with an international focus have an easier time expanding globally compared to those starting in a single market.

Fintech 🧠 Food - March 13th 2022 - Fintech's dirty little secret, Sberbank on UnionPay, and Interchange Fee rise coming

373 implied HN points • 10 Mar 22
  1. Fraud is a big problem in the Fintech industry, especially for consumer-facing companies, and everyone needs to work together to tackle it.
  2. Interchange fees for credit card transactions are increasing to combat the rise in e-commerce fraud, but there are efforts to limit the impact on smaller merchants.
  3. Rollups are a potential solution for scaling the Ethereum network, aiming to make computations more efficient and reduce duplication.