Financial experts said instead of being competitors credit unions and fintech should collaborate together to gain more success business. The experts said while it is correct to think that fintech can pose a threat to traditional financial institutions, this situation is also the right time to forward-thinking organizations. The experts explained...
Looks like digital only banks needs to reinvent itself in order to sustain its current standing in the global market. This developed after a recent survey has shown that people around the world - from India to Canada to the UK are losing interest on digital-only banks. Based on the survey...
US Bank has entered into a partnership with Autogravity (financial technology startup) to be the nation's latest financial institution to serve the car-loving Americans through a streamlined loan-application procedure. Car buyers can access the new online tool of US Bank and choose their car, pick a dealership and acknowledge the...
How about paying your bill online and messaging your contact at the same time; sounds very cool right? According to reports, Google has added chat features to its payment app in India. Google has decided to add chat features to its Tez mobile money app to get more foothold of its...
DNB is definitely expressing its commitment to progress through a wonder mobile app that literally simplifies the users ID verification and customer identification process by a thousand fold. The app is still in the initial testing stages as DNB is still trying to retrieve experimental evidence of its efficiency...
Fintech firms moving in 2018: The disruptive power of the fintech firms coupled with the opportunities they provide is compelling the large tech firms to invest in such ventures. The behemoths that are participating in the Fintech start-ups are: IBM HP DELL Microsoft Accenture Globally, there are 1362 fintech companies located...
Curve, the London fintech startup that provides a system that allows you to merge all of your bank cards into a single Curve card and app to help you to handle your expenses, is ultimately launching to U.K. customers. Up to now, the facility remained in beta and was...
An independent beta of multi-currency has been recently launched by a Canadian startup, Shakepay. Being a peer-to-peer (P2P) mobile wallet, it allows users to purchase and sell various Cryptocurrencies including Bitcoin. This is a one-click platform for Canadians to buy bitcoin by simply using their smartphones. Moreover, users can send...
Three key themes for banks to save themselves: Accenture has highlighted three key themes about whether the banks are going to disrupt their business model or are on the verge of reimagining the whole organizational structure digitally. However, the global investments in the Fintech ventures are on the rise. According to...
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, a clutch of companies were...