FinTech-Aviv In The News

Beyond PayTech – The Future of Payments

by Nir Netzer

27 October, 2020

According to the latest FinTech report by Statista, the average transaction value per user in the Digital Payments segment is projected to amount to US$1,400 in 2020, and this is expected to increase by nearly 30% to reach US$1,800 in 2024(!) Subsequently, there is no wonder why these questions have caught the attention of many major banking institutions for the past several years, along with the GAFA giants. Some answers were swift with the launch of Apple Pay & Google Pay. Facebook (NASDAQ: FB) is in the midst of refining the Libra cryptocurrency, and Amazon (NASDAQ: AMZN) recently announced its palm payment technology, which lets shoppers at physical stores pay for their purchases by scanning the palm of their hand.
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The Rising Tide of Lending – A Market Recovery Mechanism

31 August, 2020

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Due to the impact of COVID-19, the financing sector has seen significant growth, and as a result strengthened its position as one of the key pillars of the FinTech industry. The digitalization of the lending process – from client acquisition, to underwriting, and all the way to collection – is key in engaging clients these days. Furthermore, markets understand the power of using financing tools in recovering local businesses and trade, providing financing to entities who suffered from the crisis can have a wide impact which in time fuel GDP skywards.

31 August, 2020

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Nir Netzer, the Founding Partner at Equitech Group and Chairman of the Israeli FinTech Association – FinTech-Aviv, explores some of the Capital Markets Technologies and Smart Trading Solutions that are available, for Finance Magnates.

The Geneva WealthTech Booklet

13 July, 2020

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Our take on the elements which consist of a sustainable FinTech ecosystem and what role do they take in it! Equitech's Managing Partner, Tal Sharon shared his opinion on the unique characteristics of a thriving FinTech ecosystem, its elements, Correlations and Impact, or in short "The Law of 7", as part of the Geneva WealthTech Booklet Vol.1

16 June, 2020

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Equitech's founding partner Nir Netzer joins Patricia Falco Beccalli for a conversation on how the current COVID-19 crisis influences the focus of Fintech innovation, its integration and customer adoption.

17 December, 2019

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There are many applications for Blockchain in trade finance that are clear in the short term. In the commodities space, the exchange of agricultural products can be made more efficient using this new innovative technology for such functions as issuing letters of credit and tracking goods through the delivery and customs process.

30 October, 2019

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Exploring ways FinTech supports the Retailers and eCommerces in their struggle for customers. Are retailers losing their market share or will they adapt to the changes and triumph

22 September, 2019

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The AI revolution has begun - those industries choosing to embrace the new tech will surely reap the immense benefits

8 August, 2019

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Customers are looking for better and faster interactions, leaving financial institutions and FinTechs the never ending job to invent themselves and think out side of the box. Finding ways to provide a unique experience which will excite them.

8 August, 2019

Nir Netzer, Equitech's Founding Partner, provides a deeper understanding on how digital banking and cashless economies are shaping the banking industry.

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6 January, 2019

Read about the 6 ways that Equitech's Managing Partner, Tal Sharon, foresees Payment Solutions most effectively impacting the Financial Services Industry

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21 November, 2018

Equitech Founding Partner Nir Netzer gives insights into how Blockchain is set to change the financial industry, and the first steps of this revolution

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9 January, 2018

Exploring the latest trends and innovations in the Cyber Security space for the financial industry.

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18 July, 2017

 

Exploring the state of the InsurTech industry and learning about new rising InsurTech stars.

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2 March, 2017

Many question marks remain regarding the ideation of seamless banking innovation. We decided to go and meet Fintech influencers and experts.

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Digital Banking - Paytech and the cashless Economy 

28 October, 2020

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Have you ever thought about the way we adopt new payement methods ? Thousands of statups and several traditional players are helpinh us to transact smoothly every day. They collect a lot of data and process our pourchases within milliseconds all over the world. Visa, one of the largest global payment companies, claims to have the capacity to handle over 65,000 transactions per second - quite an overwhelming figure.

by Nir Netzer

Beyond PayTech – The Future of Payments



According to the latest FinTech report by Statista, the average transaction value per user in the Digital Payments segment is projected to amount to US$1,400 in 2020, and this is expected to increase by nearly 30% to reach US$1,800 in 2024(!) Subsequently, there is no wonder why these questions have caught the attention of many major banking institutions for the past several years, along with the GAFA giants. Some answers were swift with the launch of Apple Pay & Google Pay. Facebook (NASDAQ: FB) is in the midst of refining the Libra cryptocurrency, and Amazon (NASDAQ: AMZN) recently announced its palm payment technology, which lets shoppers at physical stores pay for their purchases by scanning the palm of their hand.




The Rising Tide of Lending – A Market Recovery Mechanism


Due to the impact of COVID-19, the financing sector has seen significant growth, and as a result strengthened its position as one of the key pillars of the FinTech industry. The digitalization of the lending process – from client acquisition, to underwriting, and all the way to collection – is key in engaging clients these days. Furthermore, markets understand the power of using financing tools in recovering local businesses and trade, providing financing to entities who suffered from the crisis can have a wide impact which in time fuel GDP skywards.