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 and distinct they would interrupt...
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 challenge against popular perception. The 2017...
EU Looks To Pass Bloc-Wide Laws To Help Crowdfunding Efforts. European Union officials say all companies could benefit from crowdfunding bloc-wide laws. The EU is passing new guidelines and rules about crowding, in the hopes that it brings in more startup companies. For example, a suggestion has been made on...
BCBS presents different scenarios in the light of emerging technology in the Banking sector. The Basel Committee on Banking Supervision (BCBS) in its latest report has analyzed the effect of Fintech firms on the emerging banking services and the future of the financial services industry. The paper deliberated on the implication...
Fintech Disruptors Are Changing Entrepreneurship Rules. Entrepreneurship is a zero-sum game, not all start-ups manage to see the bright shinning sun of the fifth year of survival emerge. The reasons being: Not everyone fights long enough to reach the last ladder. It is more of a patience and potential...
Rise in Blockchain technology adoption: Conventional banks are increasingly adopting blockchain technology in their international payment systems. By far J.P. Morgan has been able to create the largest blockchain network for global payments solution. The bank has also announced that Royal Bank of Canada and Australia and New Zealand Banking...
5 Ways Fintech Companies Outperform Conventional Banks and 3 Reasons for Collaboration: The banking world is changing and it seems that it is being overrun by Fintech companies. The conventional banks are just starting to understand the whole digitalization and what it entails at the same attending to their customer...
In recent years, the discussions concerning banking technology have seen three key phrases, which topped the agenda including - APIs, DLT (Distributed Ledger Technology) and PSD2 (Payment Services Directive II). Even though DLT is in a mood to compete with other two concepts for media interest, yet the technology...
FinTech Conference Brings Together Numerous Industry Rep and Policy Makers AVP - MT Sales Executive of Nasdaq Tony Sio recently took part in an Artificial Intelligence & Robo Advice seminar during the second annual FinTech Conference held in Brussels on Feb. 27. Sio made multiple points during his speech such as: ...
The State of Fintech industry: Call leads, the leading financial monitoring and notification services provider, has recently published an infographic entailing the key developments that are taking place in the Fintech industry. The key insights provided are following: Global investment in the five years from 2010 to 2015, surged by...