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%...
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...
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...
The stock market’s unpredictability this past week is old hat for experienced investors - however for newbies using low-cost micro-investment apps it prompted concern. Plus some state that these apps could inadvertently market investing behaviors that could put those users in danger, particularly in recent weeks because the Dow...
Joint Agreement Could Improve and Lead To More FinTech-Related Enterprises: A joint agreement by the Indian state of Maharashtra government and Singapore’s main bank – the Monetary Authority of Singapore – will lead to possible FinTech enterprises in various areas such as blockchain technology.
The pact includes a Memorandum of Understanding...
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...
An astounding fame of contactless cards is reaching the zenith of shopper’s interest in wearable payments. A recent research from Mastercard reveals that approximately one-quarter of Europeans are waiting anxiously to start using tap-and-go payments via bracelet, key-ring, smart-watches or other modes of wearable payments.
The data, showing a conceivable...
Fintech industry Highlights: Fintech as an innovation is driving the future of financial industry. It emerged as a missing link between the conventional financial services and a future world of finance. However, it is pertinent to delve into history in order to understand the emergence of these financial and technological...
The Change Fintech Is Bringing In Banking:
The world has gone fast in previous years. Time is precious these days and in the world of business, if you are not keeping yourself busy on the right spot, you aren’t on the path to success.
Yesterday – Today and Tomorrow
The world has...
Disruptive technology in financial services come with challenges that need time to solve. The financial sector is increasing its investments in Fintech firms as the research suggests that customers go for the idea of on-demand finance.
This is to challenge the agility and flexibility afforded by the Fintech firms that make...
