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Bank of America (BofA) Planning to Spread Out 500 New Branches

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...
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DIFC And MEVP To Boost The Venture Capital Ecosystem in Dubai and MAESA

In November last year, $100 Million was raised at Dubai’s free zone. DIFCand MEVP agreed to use this Fintech fund to develop the regional technology venture capital ecosystem. It offers a global platform that connects Dubai The Dubai international Financial center is a top-rated financial organization...
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Financial technology startups emerged as serious challengers to financial services

All of the interest in financial services at the moment has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding over 300,000 users in one week alone, it’s easy to understand why. While cryptocurrencies stole the spotlight,...
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Is Fintech a Bubble to become quickly burst or is it revolutionary?

Could Fintech Be in a Bubble? While skeptics declare the fintech bubble will quickly burst, most professionals think this revolutionary field will keep on flourishing. Fintech, short for financial technology, became a main buzzword in 2015. That’s whenever a group of fintech startups emerged...
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The European Fintech Alliance Notifies its Reservations Regarding Bank APIs

The European Fintech Alliance has once again fired up its tussle with the financial services establishment over PSD2 by speculating that banks will rely on below par APIs in order to avert competition. The alliance of 74 fintechs, fintech associations and challenger banks shows its...
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Mobile Money Is Going To Be The Future Of Banking

MOBILE MONEY: Could it be the future of banking?: It seems an impossible fit that mobile money service can handle transactions amounting to 1 billion dollars in a single day. Well, the most recent GSMA report furnishes us with a striking revelation posing a strong...
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