What are the future trends in Fintech industry in 2018? One thing which is for sure is that the Fintech industry is always innovating. It always comes up with newer and newer solutions in order to expand its reach. Similarly, in 2018 as well, there are plenty of innovations...
According to local news outlet Korea JoongAng Daily, South Korea’s Financial Services Commission declared that rather than regulating fintech sector they would use blockchain technologies and future financial innovation to encourage further development.
Choi Jong-ku, the chairman of the FSC, said “the players in the financial service market are becoming...
A research by McKinsey & Company has revealed the financial technology innovators have conspicuously made in-roads into the capital markets. The report titled Fintech Decoded: Capturing the opportunity in capital markets infrastructure revealed that the fintech growth has far outstripped other areas of financial services. Thus, rising by 277%...
Risk mitigation in Fintech firms: There is a cost to every new technology that is at its embryonic stage. Such cost is often quantified in the form of risk and the point the merit attention is the way insurance companies can launch products to mitigate the risk emanating from the...
Fintech, that has already disrupted the repayments, banking and financial advisory markets, is starting to go into the $14 trillion mortgage market. Because of the growing interest in digital financial solutions, there seems to be a need for electronic mortgage solutions among home sellers and buyers alike.
The U.S. mortgage...
7 Things That Will Shape the Future of Fintech: Fintech companies should get ready for a quickly shifting market driven by new regulations and modifications in consumer behavior, based on a written report by McKinsey & Company. The consultancy recently released new information outlining seven critical elements of these...
The Importance Of Smart Analytics For Fintech Startups: Financial technology has evolved through time and is a trend in the world. With this evolution, fintech has become popular too. But investments are certainly slacking off, which is probably an indicator that certain verticals in such industry are undoubtedly reaching their...
Fintech is viewed as a new competitor in the market. Collaboration of banking industry with Fintech will only help to increase new businesses, improve the experience of customers and generate revenues.
A lot of people have concluded Fintech to be a revolution declining the old school financial strategies. With other...
R3 to enhance cooperation by launching LCoE: The blockchain coalition (R3) has opened the legal center of excellence (LCoE) in order to apprise the legal community about the nuances of the blockchain technology.
In this center the professionals were briefed about different technologies such as distributed ledger technologies and Corda platform.
About...
7 Initial Steps To Launching A Fintech Startup: Technology has touched everything that exists today, and so the financial industry is no exception. The traditional institutions were ingenious enough to realize the strength technology possesses. This provided them with an impetus to polish up their own tech capabilities to remain...
