Fintech companies are gaining more and more prominence. With the help of their cutting-edge solutions related to data storage as well as computing, they are producing more and more innovative products. They are revolutionizing the entire financial services sector. As a result, whether it comes to the robotic advisors...
FCA call for input to incorporate technology in its systems. FCA (Financial Conduct Authority) of UK has taken the initiative to call for input in the use of technology to ensure effective and efficient regulation. In order for the regulated firms to provide accurate, efficient and consistent regulatory reports,...
Fintech stalwarts to concentrate on amalgamation and adoption of the industry: The stalwarts in the Fintech industry are consistently working to increase the amalgamation of the products of the Fintech industry with various other industries. As the acceptance of the Fintech products increase, the business of the Fintech industry...
After Brexit, there were expectations that the Fintech industry and the finance industry might move away from London. As a result, many cities were trying to watch the various companies which had headquarters in London. Some of these cities included Frankfurt, Luxembourg, Dublin, Brussels. They were trying to move...
Fintech industry is currently one of the most popular industries to invest in. Increasing number of investors are looking to invest in the Fintech industry. As a result, the companies that are looking to raise money are able to do so more easily. According to the next address, which is...
Many of the Fintech companies are actually expanding at a rapid pace. That does not mean that there are no challenges in running a Fintech company. We will today highlight some of the challenges which are faced by the entrepreneurs when running a Fintech company. Cash transactions: In many of...
In most of the cases, it has been found that Fintech companies often cater to the millennials. They often develop products which are specifically geared towards the millennials. However, the millennial market, after all, is a portion of the entire market. That is why it is high time that...
Facebook has announced to form a Blockchain team. There is no detail about what the team will focus on but we can assume that there will be some on data processing and most importantly about payment options. Facebook, a media company, has already disrupted banking system with direct payment...
The Britain’s desire to remain one of the financial hubs of the world has recently received the impetus, when the Chancellor Philip Hammond disclosed the Fintech strategy. The strategy is poised to guide, promote and encourage the financial innovation through technology. With Financial Services Trade and Investment Board to identify...
Over a period of twelve months, a study was carried out to find out how much the citizens of Britain were willing to adopt the services of Fintech companies. The result showed that quite a number of citizens had some reservations concerning the privacy of their data that will...