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Dhaka, Bangladesh
Tuesday, May 22, 2018
FinTech

FinTech

The [Financial] World is not Enough

The financial world is not enough
Every day the news on the country’s financial industry disappoints me a little more. The news is full of tragedy and disappointment, from banks failing to maintain required provisions against classified loans to thousands of crores of capital shortage in banks - there’s no end to...

More Than Just Apps: FinTech Is The Key To Collaboration When We Need It Most

More Than Just Apps: FinTech Is The Key To Collaboration When We Need It Most
Today, there is an app for just about everything. Need to find the cheapest place to park downtown that’s within walking distance to your meeting? There’s an app for that. Want to reserve a bargain hotel or fill up your car with the least...

Why AI will determine the future of fintech

AI Fintech
More investors are setting their sights on the financial technology (Fintech) arena. According to consulting firm Accenture, investment in Fintech firms rose by 10 percent worldwide to the tune of $23.2 billion in 2016. China is leading the charge after securing $10 billion in investments...

Why Paytm, India’s biggest fintech startup, opened its innovation lab in Canada

Why Paytm, India’s biggest fintech startup, opened its innovation lab in Canada
The floor is shaking in this sun-drenched, airy downtown Toronto office. Blame that on the two young men, one in shorts and a soccer jersey, thudding around the ping-pong table just off the centre of the room. About 50 engineers, developers and data scientists—one of...

3 Gaps in Banking That Fintech Firms Have Filled

3 Gaps in Banking That Fintech Firms Have Filled
Gone are the days when fintech and banks were seen competing against each other. No longer do we see gloom doom statements questioning the stability or existence of either of these entities. The new norm is to co-exist and flourish, enhancing customer loyalty and...

Innovations in customer identifications & verifications in the digital era

Blockchain
“Know Your Customer” or KYC as it is popularly known in the banking circle is the very first activity that a bank performs when a bank onboards a new customer. In simple terms, a customer MUST prove his or her identity to the bank...

Finance and Technology  – The Coming Tsunami

Fintech Tsunami
Jamie Dimon of JP Morgan famously remarked to his wall street colleagues “Silicon Valley is coming to eat our lunch”. The anxiousness of disruption (by startups) at the corridor of large global banks is palpable. Different banks are reacting to this is in different...

Fintech could be bigger than ATMs, PayPal, and Bitcoin combined

FinTech could be bigger
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs. No firm is immune from the coming disruption and every company must have a strategy to harness the powerful advantages of the...
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