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Coronavirus Hits Economy. How Fintech is Affected?

From stock market swings and billions wiped off of the airlines, hotels, transportation revenues to drug, soap or iPhone replacement shortages – the coronavirus outbreak is taking its toll on many business aspects of life.  
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How Python is Used in Finance and Fintech

Common in applications that range from risk management to cryptocurrencies, Python has become one of the most popular programming languages among financial institutions and fintechs. Its simplicity and robust modeling capabilities make it an excellent tool for researchers, analysts, and traders.
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Top 11 Fintech Companies in New York to Watch in 2020

An investing robo-advisor managing $15bn in assets, a challenger bank for teens, and a credit card without any fees accessible to people without a credit history - we present the 11 hottest fintech companies from NYC right now. New York City isn’t the greatest city in the world for Jeff Bezos, but it definitely is for a vast array of fintech companies that run their operations in the Big Apple. Close proximity to one of the most important stock markets on Earth definitely makes New York City a prime location for them. 
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Behind any product, business strategy, or excellent idea, stand people - founders, C-level executives, high- and mid-level managers, or experts. Every once in a while, we invite them to share their challenges in Netguru’s format: “Three Things That Keep Me Up At Night”.
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The financial technology revolution is now spreading around the world and affecting various processes in sectors such as customer service, financial advisory, payments and transactions, lending, insurance services and account management. Today’s customers are looking for the next generation of financial service providers with a human-centred approach. As a result, the global financial landscape is changing and innovating constantly to meet their expectations.
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Banks need to transform their infrastructure. But they also must invest in people and build frameworks that enable empowered decision-making. Digital transformation doesn't stop at "digital", says Rita Waite, who, after spending 4 years as a corporate venture investor in the US, joined Millennium bcp, the largest private bank in Portugal.
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At first, traditional incumbent businesses seemed to neglect N26’s existence.
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It’s not a coincidence that Paytm, the largest e-wallet firm in India, has close to 400m users. It was not a throw of a dice that made WhatsApp choose India to run a trial of a payments service and convinced Walmart to pour billions into acquisitions and investments on the subcontinent.
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Payment fintechs are better integrated with banks in India than elsewhere, said a headline in “The Economist”. The adoption rate for fintech products in India stands at 59%, and that’s the second-highest level worldwide. The country has raised its first decacorn, a venture valued at over $10 bn, in payments (Paytm), and the market is literally booming.
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Different tactics for scaling of companies, the best use cases of machine learning in financial services, the pros and cons of corporate ventures, embedded insurance - these are just a few of the things we discussed during Disruption Forum Paris #DFParis2019.
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