In this month’s “News From The Fintech Front” host Elizabeth Kleinveld discusses recent fintech developments with guests Bruno Diniz and Ritesh Jain. They explore major fintech news, focusing on topics like the expansion of payment company Adyen into India, investments by Japan’s Credit Saison in Latin American startups, and HSBC’s involvement in open property data for smoother home buying in the UK. They also delve into Brazil’s innovative financial infrastructure, including PIX, open finance, and the central bank’s efforts in AI and data science. Furthermore, they discuss challenges in retail CBDC adoption and MasterCard’s partnerships aimed at expanding fintech opportunities in Africa and the Middle East. Throughout the conversation, the importance of financial literacy versus financial inclusion is emphasized, alongside concerns about AI biases in financial systems.

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Bruno Diniz

Managing Partner, Spiralem Innovation Consulting / Professor on Financial Innovation, University of Sao Paulo (USP) Regarded as one of the top fintech influencers in LATAM, Mr. Diniz is also an international speaker, and bestselling author of three books on financial innovation: The Fintech Phonomenon, The New Financial Logic, and The Age of Crypto-Economy.

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Dr. Ritesh Jain – Founder, Infynit
https://www.linkedin.com/in/drriteshjain/

Known for his work in payments innovation, open banking, and digital public infrastructure. He has held key roles at HSBC, VISA, Apple, and Maersk, where he developed the Apple Pay tokenization stack and led major transformations.
Dr. Jain advises global payment programs like UPI, FedNow, and PIX, and is a recognized expert in financial inclusion. He is the first to earn a PhD in Open Banking and played a crucial role in Maersk’s recovery from the NotPetya ransomware attack. He is also a trusted advisor to G20 and GPFI, an active fintech investor, and a sought-after speaker at global conferences.