A mobile bank, a company fighting for ownership of your data as a human right, a pan-European online marketplace for savings and investments, and a drone insurance startup - we present the 10 hottest fintechs from Berlin right now.

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.  

Common in applications that range from risk management to cryptocurrencies, Python has become one of the most popular programming languages for Fintech Companies. Its simplicity and robust modeling capabilities make it an excellent tool for researchers, analysts, and traders.

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. 

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”.

A mobile landing company operating from California on the Kenyan and Tanzanian markets, a big VC money receiver checking the creditworthiness of Africans, and a virtual bank providing services for customers on 11 African markets - we present the 10 hottest fintechs from Africa right now.

The insurance industry has always relied on data to calculate risk and come up with personalized ratings. Today, the sector is undergoing a profound digital transformation thanks to technologies such as machine learning.  Insurers are using machine learning to increase their operational efficiency, boost customer service, and even detect fraud. And there is a plethora of insurtech startups, eager to take a slice of an insurance industry. Here are 6 ways machine learning is transforming the insurance industry. ---------------------------------------------------------------------------------------- Note: this post has been updated, to reflect the progress of new technologies and business moves by companies mentioned in the article.  ----------------------------------------------------------------------------------------

The financial services sector is on the eve of a major transformation, and the driving force behind it is AI. Innovative applications for AI have already been found across areas such as credit scoring, regulatory compliance, customer experience, and portfolio management. Thanks to rapid advancements in technology, tasks that once took employees hours to complete manually, can now be done in a matter of seconds.

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.

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.

At first, traditional incumbent businesses seemed to neglect N26’s existence.

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.

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.

Digital Transformation is in full swing in the banking sector, and it’s brought along a number of crucial advantages to financial institutions. But mobile banking – possibly the most important innovation from users’ perspective – comes with a number of risks. In this article, we will look at why security is such a complex issue for banking, and we’ll analyse ten security flaws that no mobile banking app should have.

Mobile banking apps are bound to become the most important channel for bank customers to access banking services. CACI predicts that by 2021 mobile banking will become the biggest channel in terms of users in the UK. Apps will overtake high street branches to claim the number one spot. The study shows that the proportion of customers using apps for banking will continue to rise in the UK over the next four years, reaching 71% by 2024. Currently, it oscillates around 45%.

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.

Behind any product, business strategy, or excellent idea, stand people. They try hard to outthink the competition, and even early market success or scooping a hefty funding rund don’t let them rest.

If there’s one sector that continues to both delight and surprise while demonstrating inexorable growth and edge-of-your-seat innovation, it’s fintech.

"It won’t be the big banks that change the way people do banking." That’s the mantra that keeps being repeated by many fintech neobanks and startups. In this case, the quote is by Maximilian Tayenthal, co-founder of N26, one of the fastest-growing fintech companies in Europe.

The financial services sector is on the eve of a major transformation. Many fintech and insurtech startups forced incumbent players to change their ways of thinking and doing business (we’ve even helped a few fintech startups).