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Thursday, August 16, 2018
FinTech

FinTech

How FinTech Startups Will Disrupt Present Day Banking Technologies

How Fintech Startups Will Disrupt Present Day Banking Technologies
FinTech, the new buzzword in the market, creating ripples in the startup ecosystem, has earned the status of being an enabler and a disruptor. Several verticals such as deposits, lending, wealth management, forex, treasury management etc. put together, forms the vast fintech space, which...

Could Google give FinTech apps a needed boost?

Could Google give fintech apps a needed boost?
Fintech companies that have developed products for the underserved have a big challenge — reaching their intended customers. Google and the Center for Financial Services Innovation are hoping to change that. The tech giant and CFSI, a nonprofit dedicated to promoting financial health, have been...

5 hottest trends in FinTech

5 hottest trends in FinTech
The term “Fintech” has ubiquitously entered the arena of the financial industry and certainly looks as if it’s a term that is here to stay. While technology isn’t by any stretch something new to the financial industry, the “fintech” trend more accurately refers to...

Global FinTech regulators promise ‘not to stifle innovation’

Innovation
Speaking at the ASIC Annual Forum last week on the future of financial regulation, managing director of the Monetary Authority of Singapore and member of the Financial Stability Board, Ravi Menon addressed the issue of how regulators must respond to fintech moving forward. “Often when...

Banks and FinTech startups see more value in cooperation than in rivalry

Bank FinTech Collaboration
In 2011, ICICI Bank was confronted with a unique problem. Most of the frontend staff of India’s largest private sector bank by consolidated assets were reasonably fresh, and had to be quickly trained to interact online with customers. A lot of time was wasted...

A new way to pay: the technology giving banks a run for their money

A new way to pay
Saving money requires constant vigilance, someone always on your shoulder, nagging you not to splash the cash. And the one thing most people have with them all the time is their smartphone. New services, from banks to exercise studios, are tapping into technology to disrupt...

Enabling banking technology infrastructure ride and survive the Fintech wave

Enabling banking technology infrastructure ride and survive the Fintech wave
Financial technology has been the cornerstone of delivering financial services for over a decade. What started as an attempt to link multiple branches through a single core banking system quickly evolved involved into a string of applications designed to improve customer service, centralize and...

3 Ways FinTech Is Disrupting The Indian Lending Space

3 Ways FinTech Is Disrupting The Indian Lending Space
Fintech companies today are introducing a gamut of financial services comprising basic banking functions, lending, payment solutions, personal wealth-management and analytics-backed financial advisory services. The Indian fintech sector saw investments upwards of $1.6 billion in 2016 and has been growing at a steady rate,...

Online Small-Business Lending Is Set to Bounce Back

Online Small-Business Lending Is Set to Bounce Back
For online business lenders, 2016 was a rough year. Two prominent fintech companies saw their market valuations drop. One small-business lender abruptly stopped issuing loans temporarily due to performance issues, while another was forced to shut down. The industry as a whole faced heightened skepticism...

Gift Cards As Currency – How Fintech Is Changing The Way We Give

Gift Cards As Currency - How Fintech Is Changing The Way We Give
Giving and receiving unwanted gifts is an experience all too familiar for most of us. In fact, Americans spend a whopping $9.5 billion on unwanted gifts. Of course, returning a gift to the giver is not an option, unless you want to effectively severe ties...
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