The technological innovations sprouting out of Fintech firms have implications well beyond the financial sector. Take the example of blockchain technology, which has its application in gaming sector as well. With the size of over $100 billion, the gaming industry is finding out ways to benefit from blockchain technology. One...
A current survey of bank officers indicates U.S. establishments are tightening their lending requirements and elevating prices on business loans and credit score cards. Bankers say they have a growing situation about future financial growth. Despite persisted U.S. labor market energy and stable financial fundamentals. The data banks are...
A research by McKinsey & Company has revealed the financial technology innovators have conspicuously made in-roads into the capital markets. The report titled Fintech Decoded: Capturing the opportunity in capital markets infrastructure revealed that the fintech growth has far outstripped other areas of financial services. Thus, rising by 277%...
The cryptocurrency by the name of Tronix (TRX) is associated by the founding of the Singapore based TRON Foundation in September 2017. Justin Sun is behind this project, but… … he had a vision that makes TRX quite different from typical cryptocurrencies. While it works on the same concepts of decentralization and distributed storage technology… … its focus...
Recently, the central government of India announced that it will be setting up a proper committee for the Fintech sector. The committee will be headed by Subhash Chandra Garg, Secretary of Department of Economic Affairs. The aim of the committee will help the Fintech sector establish their business in...