The Fintech Times

Welcome to Edition 58 of The Fintech Times! 📰 Challenger banks have come a long way since their early days of disrupting the financial sector. From tackling new regulatory requirements to expanding their service offerings, we delve into the strategies helping challenger banks succeed. We also explore the rise of open finance, which, while promising, has seen slower adoption than expected. Aimed at fostering a more connected financial ecosystem by sharing a broader scope of financial data, open finance faces significant hurdles, such as privacy concerns and the need for robust regulatory frameworks. In this issue: ✅ Ahmed Wadi, CEO of Money Fellows discusses charting a course for international expansion and innovation ✅ Mounir Nakhla, founder and CEO of MNT-Halan, explains its quest to empower the unbanked across the Middle East ✅ Charles O'Neil, co-founder of Sunshine + Kittens, reveals all about the latest kids’ finance app with a different take on financial education ✅AcuityTec discusses bolstering payment security with adaptive fraud defence and perpetual KYC ✅Event technology specialist Cvent offers insight and advice for making your events more accessible and inclusive for all ✅We delve into how myTU is using fintech to address the banking needs of migrants with Raman Korneu, CFA, co-founder and CEO of the neobank ✅ Sarah Koch, director of marketing and communications at Aevi, explores the hidden roadblock to EV adoption ✅ Loredana Matei (Matthews) Matei, founder at Jensen Matthews PR, delves into the Dubai Virtual Assets Regulatory Authority [VARA]’s recent release of its 2024 Marketing Guidelines for Digital Assets ✅With open finance struggling to gain traction, experts discuss the biggest challenges holding it back, from data privacy concerns to regulatory gaps ✅ Nina Salèh, commercial strategy and planning at climate engagement fintech ecolytiq, on tracking the Middle East Banks’ climate commitments and progress ✅Elena Churilova, CEO and co-founder of Cino outlines its approach to group payments and aiming to simplify expense sharing for Gen Z ✅We review the new book '10 Tips to Help Compliance Officers SOAR!' by Simone Martin, FICA, TEP, FCG Happy reading! https://lnkd.in/e8Fb928V

The Insurance choice awards, run by Smart Money People is one of the most glamorous nights in the industry – perfect for networking, celebrating and connecting with your teams. The venue’s capacity is strictly limited, and tickets are selling fast. But there’s still time to secure your spot for the winner’s gala on 7 November. Email events@smartmoneypeople.com #ICA2024

Inside the Saudi Fintech Opportunity: A Conversation with Ismail Amonette of IBEA Mark Walker chats to Ismail A Amonette of IBEA, to explore the opportunities for a US startup in the Saudi Arabian B2B payments scene. Read More: https://lnkd.in/e8h2hmRn

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6 Things We Learned at GITEX Global 2024 About Huawei’s Approach to Digital Finance AI took centre stage at GITEX Global 2024, where Huawei unveiled digital finance solutions aimed at transforming banking. Read More: https://lnkd.in/eCTSwR3F

Embedded Finance and Open Banking Take Center Stage at Seamless KSA Attending Seamless KSA 2024 was a front-row experience into the energy and ambition driving Saudi Arabia’s fintech sector. Read More: https://lnkd.in/e6fKTSrz

From early-stage tech investments to fintech visionary, Melissa Guzy is leading the way 🚀👉🏼 Join her at #SFF2024 as she discusses what’s shaping finance globally. Meet legends like Melissa and claim your place at the #SingaporeFinTechFestival today: https://hubs.li/Q02TX0C00. #SFF2024 #SFFLegends #SingaporeFinTechFestival

Behind the Idea: Cino Elena Churilova, CEO of Cino, shares its fresh approach to group payments and how it aims to simplify expense sharing for Gen Z. Read More: https://lnkd.in/e2vD7rR3

Stay one step ahead of fraud. In this article experts highlight the various methods of re-authentication and how they can be leveraged as powerful tools in fraud prevention https://hubs.li/Q02TWSSh0. The high cost of fraud makes it critical for financial institutions to detect and prevent fraud effectively at each stage of the customer journey. As digital threats continue biometrics is emerging as a front-runner in re-authentication, offering unparalleled security and ease of use. Learn more here https://hubs.li/Q02TWSSh0. #authenticid #reauthentication #identityfraud #identityverification #fraud #fraudprevention #fintech

Exciting news! Join us at Financial Crime on 19th November 2024 at etc.venues, 155 Bishopsgate alongside 600 payments professionals. Get face time with regulators and policymakers including FCA, PSR, HMRC, and DSIT. Network and learn from 60 cherry-picked speakers who rarely share the stage together. Get the latest insights on AML, APP fraud, data sharing, AI, CBDCs, and more business-critical topics. Pre-arrange meetings and maximize your time & ROI at the event through our new app built for 121 meetings and speed networking. Don't miss out on this valuable opportunity! Book your tickets now and save 20% with discount code: FTFC360. Get your ticket now: https://hubs.li/Q02HMLgh0. The Payments Association #FinancialCrime #Networking #Innovation #Collaboration