Ways GCC Can Flourish In Fintech: In the last decade, digital and mobile inventions have caused distortions in key sectors and changed the expectations of consumers immensely. These technological advancements have turned the tables in the procurement of basic commodities, transportation, and socialization with the exception in the finance sector...
Ten More Recruitments For Queen City Fintech: North Carolina is in need of FinTech in local financial institutions like any other state right now, and the upholder of this demand is the startup led by Dan Roselli: Queen City FinTech. Dan Roselli has an incredible record considering his position as an...
Oracle Corp., the second largest software company in the world, will offer blockchain-based products to its customers within the next two months. President Thomas Kurian , head of the Oracle, explained that products built on  decentralized ledger-based systems in Oracle's statement will meet with customers in the upcoming period. The California-based company has...
Bank of America is devising plans to launch over 500 new branches during next four years. This mammoth expansion is the part of a programme, which relates to the revamping of 1500 sites with new technology. Since, customer’s interest towards digital channels is surging, banks have shuttered their physical networks...
In February 2017, it was announced that 2 banks and 3 money transfer companies from 4 countries (India, Singapore, Brazil and Canada) will use the Ripple platform to make real-time international payments. Coinone, a South Korean -based cryptocurrency exchange, has recently announced that it will use Ripple’s blockchain network to carry out cross-border transactions. Coinone Transfer, which...
According to reports, prosecutors in South Korea raided the UPbit , the biggest crypto money market in the country . According to CoinDesk Korea , auditors from the Prosecutor's Office in the southern Seoul region were searching for the headquarters in the Gangnam-gu district of the stock exchange on May 10-11 . UPbit is suspected for the charge of transferring the funds of the account...
Plaid is the Fintech start-up which is backed by Goldman Sachs. It is also pretty popular in the North American continent. It helps users manage their finances. This Fintech companies are actually connecting their application with various mobile banking applications. In addition to that, it is also connected with...
Banking institutions in the United States should stay on guard in the next five years with regards to their status in the banking sector. This developed after Bain and Co made an estimate that e-commerce giantAmazon could get as much as 70 million US customers within five years if it...
Demand for Ripple’s platform is on rise as more banks signed the contract: Ripple has been in the limelight after it has entered into assortment of deals with various financial institutions. After more than 100 institutions already using Ripple’s enterprise blockchain solution for global payments, the two prominent banks of...
The monetary damage caused by authorized push payment scams in 2017 among UK consumers was finally revealed to the public for the first time. The figures released to the media shows that UK consumers lost £236 million to authorized push payment scams in 2017, the first year that Britain's banks...