4 Banking Trends in 2021

4 Tech Trends That Will Transform Banking in 2021 The industry is entering a critical phase. Legacy technology will finally be superseded by a combination of cloud computing and AI, putting banks and credit unions closer to par with fintechs. But without phasing out the traditional product silo/back-office environment, that change won’t happen. The increasingly … Read more

The Real COVID Story

Forget bitcoin — FinTech is the ‘real Covid-19 story’ JPMorgan thinks bitcoin is an “economic side show,” despite the cryptocurrency’s monster rally. Bitcoin has gained traction with major Wall Street banks and Fortune 500 companies like Tesla and Mastercard. The rise of digital finance is the “real financial transformation story of the Covid-19 era.” Bitcoin … Read more

Top 2021 Regulations

Top 2021 Banking and Security Regulations In 2020, financial institutions found themselves forced to engage with their customers almost solely through digital channels, namely e-banking and financial mobile applications. The pandemic’s restrictions on movement and in-person meetings also meant that they had to onboard a significant cohort of older and less digitally aware clients. This … Read more

FinTech AI

Fintech’s future lies in artificial intelligence Artificial intelligence (AI), along with credit analysis, is increasingly becoming an essential part of the FinTech sector, especially commercial lending. AI and large-scale data analysis bridge the gap between fully automated and fully manual credit assessment, allowing an efficient, semi-automated process while still preserving some of the customization necessary … Read more

FinTech Going Green

What do you get when you combine the buzziest tech sector with the most high-profile public policy issue? Financial technology combating climate change. It would seem an unlikely pairing, but the last year witnessed an explosion in climate-focused fintech products and companies. The public’s focus on climate change is here to stay, which could continue … Read more

COVID Accelerates FinTech

COVID-19 Accelerates the FinTech Revolution Fintech has long been on the rise, but could the novel coronavirus pandemic finally be the accelerant that makes financial technology the norm for everyone? Financial technology – FinTech – has become increasingly important to both consumers and businesses over the past six months. The onset of the coronavirus pandemic, … Read more

5 FinTech Trends in 2020

Here are 5 trends shaping the future of the Financial Technology (FinTech) industry. Invisible Payments Consumer Education Multi-Service Platform Blockchain and Big Data Localization and Regulations The fintech industry is reassessing itself at every level. New moves and continued initiatives are accounted for and closely monitored by both customers and regulators. Fintech companies are at … Read more

Fintechs Grow Up as Coronavirus Chills

Global FinTech COVID

Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it’s a tough time to be seeking up to $19 million for a start-up. Chakravarty is seeking funding for Project Imagine, the company behind his fintech ventures. He is looking to crowd funding and government-backed COVID 19-support schemes for technology firms to make … Read more