While global FinTech investments reached $44B USD in 2020 — an increase of 14% from 2019 — the introduction of innovative products and services around the world simultaneously increased the demand for new regulatory laws. New products always bring a certain level of risk and this is especially true for financial firms who are held to a high standard of compliance. These institutions, both traditional and digital, must conduct heavy due diligence and risk management procedures to ensure there products are used legally and not as a means of facilitating criminal activity. As the legal landscape consistently changes to keep up with the pace of innovation, it’s important now more than ever that companies understand how their new technologies fit in to both existing and new regulatory framework.

Many of the concerns for regulators revolve around inefficient anti-money laundering (AML) and know-your-customer (KYC) laws. Both sets of laws aim to reduce illegally obtained income and to verify the identities of their clients to prevent fraud and other criminal use of funds. In the case of digital assets like cryptocurrency, for example, U.S. exchanges with demonstrably weak KYC policies are responsible for moving 33% of cross-border Bitcoin volume. Rather than ban digital assets which hold numerous positive use cases, regulators are strengthening the KYC requirements to target these weak exchanges. However, many feel that KYC data, especially when obtained…


As the Cryptocurrency industry continues to mature and revolutionize the larger FinTech world, its growth within Israel has followed suit. According to research done by ReportLinker, the global Cryptocurrency market size is expected to grow from $1.6 billion USD in 2021 to $2.2 billion USD by 2026 at a compounded annual growth rate (CAGR) of 7.1%.

The well-developed hi-tech ecosystem of Israel constitutes a favorable environment for Cryptocurrency to thrive, driven by the early adoption of a massive stake of its population, Israel’s involvement in this industry is developing rapidly.

There are over 10,000 existing Cryptocurrencies with a combined global market cap of about $1.38 trillion USD as of July 2021, and while most have little to no following, there are several coins that have acquired a substantial community of investors. At a value per-token 15.25x higher than its next closest competitor and a market cap of almost $600 billion USD, Bitcoin is the world’s first…


Special Purpose Acquisition Companies (SPACs) have been around for decades, but in recent years they have raised a record amount of IPO money and attracted big-name underwriters, investors, and even celebrities. To understand the magnitude of this boom, SPACs have raised more than $88billion from March 2020 to March 2021 while only raising $13.6billion in 2019.

One reason SPACs are so popular is because they give the acquired company the ability to go public much faster than the exhausting IPO process which also carries heavy costs and no guarantee of success. Through a SPAC, a company can get more certainty on its valuation and could be public in a few months term from start to finish, assuming their house is in order, compared to an IPO or Direct Listing which could take over six months.

While SPACs have gotten a lot of attention from investors, regulators are now watching too. The Securities and Exchange Commission in…


No matter how successful your company is at driving sales, improving your client engagement processes and conversion rates is a never-ending goal. According to a recent global study by Salesforce, 80% of customers say the user experiences provided by a company are as important to them as its products and services. In other words, providing your customer a quality product is no longer sufficient for good business. For a company to distinguish themselves from the competitor down the street, they must understand what it is a customer wants and personalize the consumer buying process to create a positive experience. …


As businesses undergo digital transformations and shift their value offerings to a virtual space, the payment industry rapidly develops to meet new demands. Both consumers and businesses alike require solutions that allow money to be sent and received in the most secure, convenient, and cost-efficient manner. The creation of these new payment solutions — most of which rely on electronics for their functions — is driven by advancements in computer technology, online commerce, and telecommunications. In addition, the COVID-19 pandemic has accelerated the shift from cash to digital payment options due to fears of cash contamination. …


Blockchain is set to change the financial industry, and the first steps of this revolution are here

Blockchain makes fraudulent activities almost impossible due to the distributed infrastructure’s ability to share data that is secure and unalterable, thereby ensuring data integrity and transparency. On top of this, Blockchain technology empowers users by offering them control over their transactions and data while reducing the clutter and complications of adding operations to a single public ledger. From a broader perspective, Blockchain technology has the ability to significantly reduce costs for organizations, as highlighted in the below industry examples.

In the Industry

Today, more and more organizations in the financial sector are concentrating on disruptive business models through the use of Blockchain. It…


Change must be made sensibly to avoid irreversible damage caused by biased and irresponsible technological advancement.

Across the globe, rapid technological change is transforming the world in which we live. A major challenge for consumers, businesses, and governments alike is the significant innovation taking place in the payment’s ecosystem. As consumers swap cash for cards, the usage of contactless payment devices, including smartphones and smartwatches, proliferates. In the future, it is possible that emerging technologies such as Blockchain, Big Data, and Artificial Intelligence will be fully integrated into the industry. Such a shift offers perceived and subjective benefits for consumers, including greater convenience and security, while enabling financial institutions to profit. …


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

There is no doubt that the FinTech industry is one that consistently evolves and reaches heights that no-one ever thought were possible. The industry’s consistent growth over the past few years has clearly transformed traditional methods of doing business and has, for example, moved banking into a more innovative, technologically efficient, and advanced space. Digital or virtual banks, going cashless, biometric, and cyber-security technologies are becoming more and more common.

As FinTech advances, more creative and ground-breaking innovations will continue to generate exciting trends in the market. While the spectrum of innovations is broad, one of the main developments that…


Who are the biggest fans & bravest adopters of Blockchain in banking? Here’s the list

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. Blockchain can even be used for executing international or interbank currency transactions more efficiently than was previously possible. This is done through the delegated transparency, autonomous verifiability, and overall security that Blockchain technology makes possible.

Fact #1 — Bank transactions and trade finance are optimal spaces for the…


Exploring some of the Capital Markets Technologies and Smart Trading Solutions available

The Covid-19 Pandemic has tilted the global markets, making them volatile in a way we have not experienced in a while, and bringing many of us to try our luck as day (or night) traders. With so many new players in the market, I think it is a great opportunity to explore some of the Capital Markets Technologies and Smart Trading Solutions available out there. But before that, let’s take a moment to understand the bigger picture of these exciting segments and the players utilizing the technologies that are sprouting out of it.

How does WealthTech help us?

Whether the end-user is a corporation looking…

Nir Netzer

FinTech Innovation Strategist | Founding Partner of Equitech Group | Chairman of The Israeli FinTech Association - FinTech-Aviv

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