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20 stories about FinTech
BlueSnap preps Israeli startups for international success with new financial services license
It marks the first time an international company has received the license from Israel’s Capital Market Authority
“Globalization is a very big question, and localization is an even bigger question”
Amit Sagiv, Co-Head of Wix Payments at Wix, shares how the company can accommodate the needs of billions around the world
“With fintech, you get about three times more fraud than what you now get on traditional banking”
Gadi Mazor, CEO at BioCatch, joined CTech at FINTech 2022 to highlight some of the ways users can be protected for digital banking
“Insurtech will grow and mature to be a whole domain separate from fintech”
Gilbert Ohana, Co-Founder and Managing Partner at FinTLV Ventures, spoke to CTech about insurtech and how it can depart from the fintech umbrella
“Even the Mom-and-pop owners in their personal lives now use smartphones for everything”
Tomer Barel, COO at Melio, spoke at FINTech 2022 about how digitalization is penetrating every aspect of our lives
How Justt is saving merchants from fraudulent shoppers
Roenen Ben-Ami, Co-Founder and Chief Risk Officer at Justt, joined CTech to share how the company experienced such quick growth
“I prefer great teams with good technologies to great technologies and good teams”
Yodfat Harel Buchris, Managing Director at Blumberg Capital, outlines what the firm looks for when investing in companies
"In the next two years there will be a significant collapse in the fintech field"
Avi Eyal, co-founder of Entrée Capital, said that in the last quarter the amount of investment in fintech fell by 23% and he believes it will continue to fall. Yodfat Harel Buchris, Managing Director at Blumberg Capital, doesn’t agree. "I do not recognize a decline in the trend but a change in the mix"
“There is an increase in sophistication and a depth of understanding of fintech in Israel”
Hadar Siterman Norris, Partner at Team8 Capital, discusses how entrepreneurs and VCs are looking at fintech
“My 8-year-old kid doesn't even know what the internet is”
The internet is so ingrained in our lives that Idan Ofrat, Co-Founder and CTO at Fireblocks, argues that the next generation can’t even see it
“We are regulated and we are not afraid to say that.”
Yuval Giveon, CTO at Neema, spoke at FINTech 2022 about ‘the new world’s language’ in payments
“The world of open banking has become a fundamental infrastructure layer”
Avi Eyal, Co-Founder and Managing Partner at Entrée Capital, shed some light on open banking and why it is fundamental to redeveloping the payment rails
"Precisely in places without tech infrastructure, such as Africa and the Philippines, fintech solutions are growing"
At a panel on financial solutions in a world without borders held as part of Calcalist’s 2022 fintech conference, Moshe Kimhi, CEO of Neema, said: "In such countries there are leading giants with millions of users and they are the pioneers of technology efforts"; Yuval Tal, Managing Partner, Team8 Fintech: "The e-commerce stores that will be popular in another five years have not yet been established"
"JP Morgan invests $12 billion a year in technology, much more than many tech companies"
Ziv Gafni, who is Head of Digital Strategy, Fintech & Markets Innovation at JP Morgan, noted at Calcalist’s 2022 fintech conference that “technology creates opportunities and creative thinking for the financial world"
"The banks have developed fintech capabilities and are all geared towards improving service"
Speaking at Calcalist’s 2022 Fintech conference held in collaboration with Bank Hapoalim, Reuven Krupik, Chairman of Bank Hapoalim, explained that "the digital transformation plays a large part in the development of the fintech industry, but it is being carried out simultaneously within banks and financial institutions”
“Don’t be swayed by funding or valuations,” says Melio COO
“We feel comfortable with the rounds we’ve already raised, but are now focused on our business and don’t see a slowdown. Fintech is a huge industry, and there are great opportunities,” added Tomer Barel, Melio’s COO, during Calcalist and Bank Hapoalim’s fintech conference
Mira Srinivasan and Yael Malek join BlueVine's executive team
The fintech company appointed the two as Chief People Officer and Chief Risk Officer
Pay.com co-CEO: "We will allow merchants to receive payment in crypto too"
Assaf Cohen, co-CEO of Pay.com, which allows merchants to get paid quickly, made the remarks at the Mind the Tech London 2022 conference
“We don’t think of fintech as competition, we want to work together,” says Bank Leumi CEO
Hanan Friedman also told Calcalist's Sophie Shulman: "Recently, we established a new tech venture - “The Garage” - with military tech experts, and it’s going to change the market. It’s a combination of local entrepreneurial ability and Leumi’s power and capabilities"
Fintech and crypto investments surge in 2021
According to a KPMG report, $210 billion was invested globally in fintech in 2021, showing a 68% leap from the previous year. Investments in cryptocurrency and blockchain technologies leapt more than fivefold to $30 billion
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