BCBS presents different scenarios in the light of emerging technology in the Banking sector. The Basel Committee on Banking Supervision (BCBS) in its latest report has analyzed the effect of Fintech firms on the emerging banking services and the future of the financial services industry.
The paper deliberated on the implication...
Fintech Disruptors Are Changing Entrepreneurship Rules. Entrepreneurship is a zero-sum game, not all start-ups manage to see the bright shinning sun of the fifth year of survival emerge. The reasons being:
Not everyone fights long enough to reach the last ladder. It is more of a patience and potential...
Rise in Blockchain technology adoption: Conventional banks are increasingly adopting blockchain technology in their international payment systems. By far J.P. Morgan has been able to create the largest blockchain network for global payments solution. The bank has also announced that Royal Bank of Canada and Australia and New Zealand Banking...
Xinja prospects look promising: After acquiring Australian Credit license from regulatory authorities to disburse home loans, Xinja has become the first digital bank to make a mark in Australia.
The aspiring bank also has an advantage of financing equity through crowd funding, where it was successful in gathering $1.4 million against...
5 Ways Fintech Companies Outperform Conventional Banks and 3 Reasons for Collaboration: The banking world is changing and it seems that it is being overrun by Fintech companies.
The conventional banks are just starting to understand the whole digitalization and what it entails at the same attending to their customer...
In recent years, the discussions concerning banking technology have seen three key phrases, which topped the agenda including - APIs, DLT (Distributed Ledger Technology) and PSD2 (Payment Services Directive II). Even though DLT is in a mood to compete with other two concepts for media interest, yet the technology...
FinTech Conference Brings Together Numerous Industry Rep and Policy Makers
AVP - MT Sales Executive of Nasdaq Tony Sio recently took part in an Artificial Intelligence & Robo Advice seminar during the second annual FinTech Conference held in Brussels on Feb. 27.
Sio made multiple points during his speech such as:
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There are numerous disparities in India, for instance, both uncritical acceptance in astrology and technological applications exist side by side. Such coexistence represents the diversity of the country, a unique quality that intrigues global stakeholders. Surprisingly, the start-up network manages to evolve amid low literacy and income levels. India...
The State of Fintech industry: Call leads, the leading financial monitoring and notification services provider, has recently published an infographic entailing the key developments that are taking place in the Fintech industry. The key insights provided are following:
Global investment in the five years from 2010 to 2015, surged by...
Customers of the U.S. based Fintech AvidXchange, a fintech that provides accounts payable and automated payment solutions to midsize businesses, are set to get more benefits from the products they purchase from the company.
AvidXchange Now Offers Account System Integrations For Purchase-to-Pay Solution
This developed after AvidXchange, recently launched its first...
