Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning
9th October, 2021
Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.
In this edition,
Digital Banking in Malaysia: New Opportunities for Fintech: The ability to transfer and withdraw funds, make payments and get statements or even invest are the most significant advantages of Digital Banking. Bank Negara Malaysia (BNM), Malaysia’s central bank, announced that it had received applications for digital banking licenses from 29 different bidders, hence, the country’s central bank is set to issue its first digital banking licenses in early 2022, a move that analysts say will position the country as one of Southeast Asia’s leaders in fintech.
110 Countries are Looking into CBDCs, IMF reveals: IMF reveals that a survey of their membership shows that 110 countries are either currently investigating a CBDC or developing it. Managing Director of International Monetary Fund (IMF), Kristalina Georgieva says the stablecoins will “fill the digital gap in privately issued money,” and that Bitcoin (BTC) and other cryptocurrencies are assets, rather than money.
China’s Central Bank Governor Vows to Continue Fintech Crackdown: China has been cracking down on its biggest tech companies for the past year after largely giving them free rein to grow and the country’s central bank Governor, Yi Gang says, China will continue taking steps to curb monopolistic behavior among internet platform companies and strengthen the protection of consumer privacy and data security.
Standard Chartered Moves to Accelerate API Adoption by Corporate Treasury Teams: Standard Chartered partners FinLync to help corporate treasury and finance teams connect to the bank’s API offerings. This is to help clients move to real-time treasury and significantly increasing working capital efficiency. Corporates will be able to make decisions faster, more frequently and based on more-precise information, giving them an edge over their competition without the time and financial investments typically required in such integration projects.
Bitcoin and Ethereum prepared for Massive Turn Out in October: Bitcoin price is nudging $50,000 after dropping under the closely-watched level in early September while the price of ethereum is approaching $3,500 per ether after falling as low as $2,600 last month, hence whirling expectations for a massive turn out in October for Bitcoin And Ethereum.
Nigeria’s Micro Pension Asset has Grown by 58%: Pension asset summary reports released by the National Pension Commission (PenCom) and analysed by Quantitative Financial Analytics shows that Nigeria’s conventional pension assets have increased marginally by 0.75%, from N12.31 trillion as of December 31, 2020, to N12.4 trillion as of April 30, 2021. By the end of 2020, micro pension fund assets stood at N74.65 million but by the end of April 2021, micro pension fund was at N118.43 million.
TRAINING OPPORTUNITY
Register Now – 2nd Cohort Professional Certificate in Financial Technologies (FinTech) & Innovations: Registration is opened for the 2nd Cohort Professional Certificate in Financial Technologies (FinTech) and Innovations organized by the Sam E. Jonah School of Business of African University College of Communication in partnership with Knowledge Innovations.
EVENTS
Sibos 2021 October 11-14, 2021, online: Assess how digital acceleration, technological innovation, change and risk intersect with some of the most pressing topics such as addressing AI, Big Data, CBDCs and cybersecurity, cloud computing, ethical investing, diversity and inclusion in banking.
IFINTEC Finance Technologies Conference and Exhibition October 12 – 13, 2021, Turkey: Retail Banking, Digital Banking, Core Banking, Payment Systems, Banking Technologies, Banking IT Solutions, Digital Transformation and Finance Technologies.
Fintech And Insurtech Live Oct 12 -Oct 14, 2021, Tobacco Dock,London & Virtual: Learn from respected FinTech and InsurTech leaders at this unmissable hybrid conference. Take the opportunity to expand your network among influential executives and gather insights to feed back into your own organisation
Fintech Surge October 17 – 20, 2021, Dubai : A conference to power the New Future of Finance on the intersection between technology and finance, Fintech
India FinTech Awards (IFTA) 2021: 23rd – 25th November 2021 Virtual: IFTA brings you an ideal networking platform to demo your innovation and meet senior executives of banks, CXOs of fintech firms, accelerators, regulators, and business media
2021 Canada Fintech Forum October 27 – 29,2021 VIRTUAL : A three-day forum on Financial Services as a service,Cybersecurity and data and Crypto and DeFi.
CALL FOR NOMINATIONS
Nominations are now Open for the Ghana Fintech Outlook 2021 awards: The Ghana Fintech Outlook Awards opens nominations to all Ghana companies contributing to the growth of the financial and technology ecosystem. Nominations close on November 1,2021.
BOOK
Bank 4.0: Banking Everywhere, Never at a Bank: In years to come when cash and cards are non-existence and all vestiges of the traditional banking system have been re-engineered in real-time, what exactly will a bank look like? The final book in the digital ‘BANK’; series, Brett King tackles the topic of whether banks have a future at all in the emerging, technology embedded world of the 21st century.
ETT OPPORTUNITIES
Are you a FinTech startup looking for funding?
FINTECH Circle runs Europe’s 1st Investor Network focused on fintech Smart Capital. It brings together the best fintech investors with the most innovative entrepreneurs. Its mission is to create the world’s leading fintech ecosystem and a platform connecting, investing, educating, and generating opportunities for finance professionals and tech entrepreneurs. Its investment focus : Fintech only, defined as financial technology solutions across banking, insurance, investment management, cyber security, blockchain, private banking etc. This includes insurtech, regtech, legaltech, paytech, wealthtech.
Follow us @knowledgeinnovations and linkedin
WhatsApp us:+233 24 2555135
Subscribe to Emerging Tech Trends (ETT) here