Parlatoweb Srl Agenzia Marketing’s Post

Fintech

Fintech

🔍 𝐍𝐞𝐰 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐨𝐝𝐞𝐥𝐬 𝐢𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐭𝐞𝐫𝐦𝐞𝐝𝐢𝐚𝐫𝐢𝐞𝐬: 𝐀𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐛𝐲 𝐭𝐡𝐞 𝐁𝐚𝐧𝐤 𝐨𝐟 𝐈𝐭𝐚𝐥𝐲 𝐟𝐨𝐫 𝟐𝟎𝟐𝟏-𝟐𝟎𝟐𝟑 🔍 The latest report from the Bank of Italy, authored by M. Bevilacqua and C. Spagnuolo, provides a thorough examination of financial intermediaries over the past three years. This comprehensive study offers valuable insights into the evolving financial landscape, uncovering key developments and emerging trends that are shaping the industry. 🌟 𝟏𝟎 𝐊𝐞𝐲 𝐏𝐨𝐢𝐧𝐭𝐬: 1. 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐎𝐩𝐢𝐧𝐢𝐨𝐧𝐬: The Bank of Italy adopted 83 authorization measures and issued 110 opinions as part of proceedings under the jurisdiction of Consob. 2. 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: Only 2 new banks were authorized, with a focus on innovative projects such as the creation of an Italian fintech bank operating exclusively through digital channels. 3. 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐚𝐧𝐝 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐬: From 2021 to 2023, 11 new payment institutions (PIs) were authorized, introducing account information services (AIS) and payment initiation services (PIS) under PSD2. 4. 𝐃𝐲𝐧𝐚𝐦𝐢𝐬𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐍𝐨𝐧-𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐒𝐞𝐜𝐭𝐨𝐫: 21 new asset management companies (SGRs) and 27 fixed capital investment companies (SICAFs) were authorized, highlighting the importance of private capital in supporting the real economy. 5. 𝐍𝐨𝐧-𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐂𝐫𝐞𝐝𝐢𝐭: 8 financial intermediaries were authorized, focusing on business diversification and technological innovation. 6. 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐒𝐞𝐜𝐭𝐨𝐫: 16 new authorizations were granted to payment institutions and electronic money institutions, indicating a high technological content. 7. 𝐂𝐫𝐨𝐰𝐝𝐟𝐮𝐧𝐝𝐢𝐧𝐠: The first providers specializing in offering crowdfunding services to businesses were authorized, contributing to a single European market for crowdfunding. 8. 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬: Many banks are forming strategic partnerships with fintech and other technology companies, combining the stability and experience of banks with the agility of new technologies. 9. 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐅𝐨𝐜𝐮𝐬: Fintech companies put the customer at the center, offering personalized services and improving the user experience through intuitive platforms and tailored services. 10. 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Fintech and financial institutions are committed to complying with existing regulations while promoting sustainable and responsible practices. 📈 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬: Ongoing regulatory developments promise to further expand opportunities for new operators, fostering the entry of innovative and technologically advanced intermediaries into the market. #finance #innovation #intermediaries #BankofItaly #fintech #crowdfunding  

fintech

📉 FinTech funding announcements often cause a negative reaction in traditional bank stocks, especially in the digital lending sector. 💡 In contrast, FinTechs related to digital payments generate more positive market responses, suggesting opportunities for collaboration. #FinTech #DigitalFinance Wonderful working with Nicola Del Sarto and Lorenzo Gai

"Even with a robust internal innovation strategy, the future of innovation often lies beyond the confines of a bank. Small, technology-driven companies are pioneering trends that will shape tomorrow's landscape." Manuel Silva Martinez Investing in #fintech start-ups helps banks to: 🚀 Stay at the forefront of emerging trends 🧠 Learn from entrepreneurs 🤝 Promote collaborations between banks and fintechs in various aspects such as commercial strategies, product development and distribution Here are a few examples of #partnerships in our portfolio: 🤖 Personetics for automated customer service 🚗 AutoFi for online car buying processes 🏛️ Ripple for currency conversion business 🏠 #Roostify for mortgage technology Read more about partnerships between banks and fintechs here: https://lnkd.in/dRTxSRwb

There is a #fintech (r)evolution in #Latam and Revolut wants to be part of it!! Glauber Mota the neobank's CEO for Brazil is announcing they have a team on the ground with 2025 the year when we will start to hear more details about their local offering and landing 🛬. With their arrival to Colombia and their ops in #Mexico and #Brazil the Transatlantic(o) fintech connections will broaden for the Neobank. A big win for consumers and for financial services innovation in the region. There is a large opportunity in this land of more than 3️⃣ 0️⃣ 6️⃣ 0️⃣ fintechs and a population of more than 650 million🌎 ❄Transatlantic-o Connector❄ #innovation #growthmindset #financialservices #banks #regulation #regulators #capitalmarkets #vcfunding #vc #london https://lnkd.in/e4dH6d-7

Growing Fintech Ecosystem in Panama: Opportunities and Challenges The fintech ecosystem in Panama is expanding rapidly, bringing innovations that are transforming the way financial transactions are conducted. Here are some key points: - Ecosystem Evolution: Panama ranks 12th in the Latin American and Caribbean region, with 33 active fintech ventures. In Central America, it is the third country with the most fintech companies, following Costa Rica and Guatemala. - Fintech Services: Fintechs in Panama offer solutions for instant money transfers, online purchases with debit cards, paying for services and products using QR codes, and managing crypto assets with digital wallets. - Exponential Growth: According to the Inter-American Development Bank (IDB) and Finnovista, fintechs in Latin America and the Caribbean grew by 340% from 2017 to 2023. Panama's fintech market represents 1.08% of the total fintechs in the region. - Fintech Companies: Over 36 fintech companies are active in Panama, including payment services, remittances, insurance, and more. Notable companies include Cuanto, PayCaddy, Zinli, Kali, Kash, YapayaMovil, and others. - Bank Digital Wallets: Banks in Panama are also participating in the fintech boom with digital wallets like Yappy (Banco General), Nequi (Banistmo), Kuara (Global Bank), Wally (Banesco), BEN (Banco Nacional de Panamá), and Mi Wallet (Caja de Ahorros). - Challenges and Potential: Rafael Robinson president of the Fintech Chamber of Panama, highlighted the significant potential for industry development but noted challenges such as achieving financial inclusion for all and promoting financial education, particularly among youth. - Financial Inclusion: The IDB report states that 11.11% of fintechs in Panama target the unbanked population, aiming to include them in the financial system and formalize their finances. Panama's fintech ecosystem is on the rise, presenting numerous opportunities for growth and innovation. Interested in learning more about the opportunities in Panama? Let’s chat! https://lnkd.in/eUgaP2Ub

𝐎𝐛𝐬𝐞𝐫𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐩𝐫𝐞𝐬𝐞𝐧𝐭 𝐭𝐨 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 A snapshot of the Italian fintech ecosystem: trends and collaborations with a look ahead to 2025✨ Gathering the most relevant Italian Fintech and Techfin community - with 12 different verticals and solutions for every need and customer - we outlined the state of the art of the ecosystem in our country, as 2024 draws to a close. Here are some of the higlights👇 ✅ Techfin and Regtech are the fastest growing sectors in 2024 ✅ More than 60 matchmaking in 2024 with a focus on Open Innovation and international collaborations ✅ Embedded finance, fintech for good and cross-industry partnerships: among the key trends for the next year Read more in our press release 👉 https://lnkd.in/dFk54UUW or in the article 👉 https://lnkd.in/dzAY4iCG #FD #FintechDistrict #community

Peak XV Partners-backed fintech unicorn OneCard’s operating revenue zoomed 163% to INR 1,425.58 Cr in the financial year 2023-24 (FY24) from INR 541.16 Cr in the previous fiscal year👇 Despite the sharp rise in revenue from operations, the startup saw only a minor improvement in its bottom line. OneCard incurred a net loss of INR 401.15 Cr in FY24, down 1.1% from INR 405.66 Cr in the previous fiscal year. Including other income of INR 39.19 Cr, the startup’s total revenue for the fiscal stood at INR 1,464.77 Cr. Founded by Anurag Sinha, Rupesh Kumar, and Vibhav Hathi in 2018, OneCard offers a cobranded credit card in partnership with banks such as Federal Bank, IDFC First Bank, Indian Bank, among others. 🔗To read the in-depth article, click here: https://4-2.co/3ZsUKsq #news #fintech #unicorn #OneCard