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...
The Mediatech industry is expanding at a safe place. Many people are comparing it with the Fintech industry. There are plenty of companies which are making a mark in the Mediatech industry. There are predecessors as well which have grown into a multibillion dollar companies like Spotify, Netflix etc. Similarly,...
CLSA is currently overweighing on the banking sector in ASEAN economies. However, the Fintech sector is entirely changed in the banking sector. According to a report by the brokerage focusing solely on banking in Singapore as well as Hong Kong, the Singapore market is the best for banks currently. The changing...
The number of job vacancies for the IT professionals are increasing in the Fintech sector. The Fintech sector is also paying higher average salaries as compared to the IT sector. With the increasing number of vacancies, professionals are opting for jobs in the Fintech sector. If you look at the...
It is not the Fintech firms rather Tech giants that is threat to banks: WEF (World economic forum) has made a startling revelation whereby the tech giants such as Facebook and Amazon are bigger threat to the banks than Fintech newbies. This revelation is backed by the WEF’s assessment that...
Amazon or no, banks are in for big changes, one analyst says What does the “Amazon effect” signify to the banking business? In the years since the 2008 financial disaster, banks have invested many billions on compliance, cleared up their balance sheets, and attempted to encourage authorities, law makers, and ordinary...
Most of the Fintech start-ups are able to raise capital pretty easily. The venture capital firms, as well as investors, are pouring in dollars in Fintech start-ups. However, many individuals actually worry about the survival of the start-ups. The finance industry consists of behemoths which are reluctant to know...