Authentication & Security

Incredible FinTech Posts That Were Shared 32K+ Times on Social Media

MEDICIFounder and Chief Strategy & Innovation Officer

LTP wishes you, all our readers, a happy and prosperous new year. As a new year present, we bring you our top 11 articles of 2015 with regard to the total number of shares on social media. For this article, we have looked at shares on Twitter, Facebook, LinkedIn and Google+. Enjoy!

1) 34 APIs That Startups Should Consider Before Building Any Fintech Product (15.2 k shares)

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APIs will become very important in FinTech. Earlier, APIs were built for networks which were slower and far more expensive. Also, they were designed more from the perspective of data storage than as an active ingredient of coding, which would be called over and over again. Leading APIs are now constructed keeping in mind the reduction in price for network bandwidth and the ability of the cloud ecosystem to provide fast access to massive amounts of information. Most FinTech companies now float their products on cloud services so that they can access API data like an on-premise database. If it’s on the cloud, it’s on their fingertips. Read more

2) Breaking news – India Issues Highly Awaited Payments Bank Licenses To 11 Players (2.4 k shares)

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RBI has granted “in-principle” approval to 11 applicants “Payments bank license”. The following companies have received Payments bank license: Aditya Birla Nuvo (Aditya Birla Financial Services (ABFS) has built a significant presence across its verticals, viz., life insurance, asset management, NBFC, private equity, broking, wealth management and distribution and general insurance advisory services. Read more

3) Bank-Wise Analysis of Blockchain Activity (2.1 k shares)

Bank-Wise Analysis of Blockchain Activity

Interest in blockchain has been coming in from every corner of the world with major ones being banks and technology providers. Banks’ interest in bitcoin blockchain is seeing a huge uptick with the exploration of potential use cases for the distributed ledger system (blockchain technology). We previously covered an extensive analysis on the non-financial use cases being developed in the blockchain world (Click here). Read more

4) The Secret of The FinTech Unicorns ( 2.1 k shares)

The Secret of The FinTech Unicorns

As the density of FinTech unicorns club grows over years with amazingly innovative solutions being democratized, there is a legitimate question raising – who is next? Or maybe what is next? It should not be a question, as there is a path that takes Fintech startups through the rapid growth to become unicorns one day (aside from truly disruptive solution or idea). Read more

5) Blockchain Use Cases: Comprehensive Analysis & Startups Involved (1.7 k shares)

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The concept of blockchain has energized the financial services industry globally. The interest of financial institutions on blockchain is quite evident considering that Santander Bank has identified 20 to 25 use cases for the technology. The bank also estimated that the usage of blockchain by banks can reduce the infrastructure cost by up to $20 billion a year. Other banks such as UBS have set up a blockchain research lab in London, Goldman Sachs has invested in bitcoin startup Circle and NASDAQ is also experimenting with the technology. Read more

6) 41 APIs Making Waves in FinTech (1.7 k shares)

41 ApIs

It won’t be wrong to say that APIs are powering some of the FinTech innovation engines. APIs are the answer to the question of how startups are able to build products faster these days. Most FinTech companies now float their products on cloud services so that they can access API data like an on-premise database. API approach lets fresh-off-the-boat tech companies and ever competitive developers innovate much faster on the built platform, as opposed to keeping their app development limited to compliance-inhibited, resource-strapped IT organizations.Read more

7) Samsung’s Mobile Payment Service – Samsung Pay – Available Starting Today in the United States ( 1.5 k shares)

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Samsung Electronics America, Inc. announced today the launch of Samsung Pay in the United States.  A secure and easy-to-use mobile payment service, Samsung Pay works almost anywhere you can swipe or tap your card. Samsung Pay launched initially in Korea on August 20th.  Plans for bringing the service to the China, Spain and the U.K. are also underway.Read more

8) Android Pay May Launch on August 26 in the US, According to McDonald’s Leak Tips ( 1.5 k shares)

Android-Pay

Android Pay, Google’s new mobile phone payment service, is expected to launch in the US on August 26, i.e., if the notice to employees at a McDonald’s location is indeed true. The pictures are from a post by Android Police which show how and what should be done by McDonald’s managers and crew members to accept contactless payments.Read more

9) 15 Players that Use Machine Learning in FinTech Space ( 1.4 k shares)

Machine learning

Machine learning is a type of artificial intelligence that provides computers with the ability to learn without being explicitly programmed. Machine learning focuses on the development of computer programs that can teach themselves to grow and change when exposed to new data. Emerging FinTech companies are using machine learning to adapt the changes in real time. Read more

10) Singapore’s FinTech Industry Is Unstoppable ( 1.4 k shares)

Singapore’s FinTech Industry Is Unstoppable

Singapore is one of the gateways of the Asian financial market with a rich FinTech ecosystem. Global financial services companies have their Asian satellites operating from Singapore. AmEx, Citibank, JP Morgan Chase, HSBC and numerous other international financial organizations operate in Singapore.Read more

11) Blockchain Use Cases Part II: Non-Financial and Financial Use Cases ( 1.3 k shares)

Blockchain Use Cases Part II Non-Financial and Financial Use Cases

When we published the industry’s first infographic/report on the various non-financial use cases of blockchain, the response for it was unprecedented with thousands of page views, thousands of social shares and numerous queries being sent to us. Thanks for such an overwhelming response. This is our third update to provide a comprehensive picture of the various applications that are being explored with blockchain. It is now a known fact that the use cases of blockchain have been increasing by the day. There has Increasingly been a large number of ways in which real-world assets could be linked to the blockchain and traded digitally. Read more

Amit Goel

MEDICIFounder and Chief Strategy & Innovation Officer

“Amit Goel is the Founder & Chief Strategy & Innovation Officer for MEDICI. Amit’s vision is to build a strong FinTech market network that involves financial institutions, banks, startups, investors, analysts & other key stakeholders across the ecosystem – helping each one of them in a meaningful way by removing the asymmetry of information and providing a platform to engage & transact.\ \ Amit is passionate about bringing actionable FinTech-focused insights, innovative products & services for the FinTech ecosystem. Some of his work involves startup scores, bank scores/assessments, predictive viewpoints & other innovations that have helped MEDICI’s customers and the ecosystem. He has been named amongst the Top 100 FinTech thought leaders/influencers in the world & Top 10 in Asia multiple times by reputed agencies, consulting firms as well as financial institutions. Amit has built MEDICI (formerly LTP) as a new-age, tech-enabled advisory/research firm, which is now considered the #1 global research & innovation platform for FinTech in the world.\ \ Amit has been writing pioneering viewpoints on financial technology space that have been ahead of the curve since 2010. His data-driven predictions have helped the customers as well as the ecosystem. His past work experience includes a strong background in strategy & market analysis and advisory to clients (from big business houses to Fortune 500 firms) in payments, commerce, financial services & IT/technology. In the past, Amit had also founded a successful consulting & research practice called GrowthPraxis and has worked at Boston Analytics, Frost & Sullivan, and Daimler Chrysler in strategy & research.”