FinTech Magazine - April 2022 | Page 14

WE ASKED YOU : WHICH AUTHENTICATION TECHNOLOGIES DO YOU THINK FINTECHS SHOULD
CONCENTRATE ON ?

THE BRIEF

“ TRADITIONAL LENDERS HAVE BECOME EVEN MORE CONSERVATIVE AND RISK-AVERSE ”
Ian Duffy CEO , Accelerated Payments �

BY THE NUMBERS

WE ASKED YOU : WHICH AUTHENTICATION TECHNOLOGIES DO YOU THINK FINTECHS SHOULD
CONCENTRATE ON ?
READ MORE
42 % Multi-factor
1 % Certificate-based
“ THIS SHIFT IN THE MAKEUP OF THE GLOBAL ECONOMY IS DRIVING THE RISE OF AN ‘ APPLICATION MARKETPLACE ”
Brad Hyett CEO , Phos �
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MORE
40 % Biometric
18 % Token-based
“ TO THIS DAY COMMERCIAL FX IS STILL DONE MOSTLY ON THE PHONE , ENABLING BROKERS TO GIVE A CUSTOMER A COMPETITIVE EXCHANGE RATE ONE DAY , BUT HELP THEMSELF TO A FAT MARGIN ON ANOTHER DAY …”
Seth Phillips Founder and CEO , Bound �
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SCOTLAND IN THE RACE FinTech Scotland has pledged to invest US $ 2.7bn in funding towards fintech development , with the prospect of creating 30,000 new jobs in the industry by 2032
FINTECH IN ISRAEL Israeli fintech startup Finaro has been acquired by US payments and commerce tech firm Shift4 for $ 575mn .
GAME ON GameStop has appointed Duane Morris FinTech attorney Cindy Yang as VP and assistant general counsel as the company move from a brick-and-mortar game store to the eCommerce marketplace .
14 April 2022