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Investment firms have very different business models and risk profiles to credit institutions. They facilitate savings and investment flows by providing professional services such as investment advice...
The birth of FinTech or Financial Technology can be traced back to the 1960s as traditional banking paved the way for easier and more efficient transactions through ATMs. But when mobile banking took
As much as we try to get everything right at the outset, sometimes it becomes necessary to renegotiate a contract. Maybe there’s been unforeseen challenges or shifts in the market that might mean you ...
The projected increase in fraudulent transactions is estimated to be $6.5 billion between 2021 and 2027, and its impact on the finance industry is expected to be significant. Financial institutions a...
At the end of March, Apple launched Apple Pay Later in the US, its much anticipated buy now, pay later (BNPL) service, which will allow consumers to spread payments of between $50 and $1,000 over six ...
Financial institutions are data-driven by nature. All their core processes — including customer suitability assessments, credit allocation decisions, and liquidity buffers management — are dependent o...
AI and Human Expertise Hybrid Is The Optimal Solution Interest in Artificial Intelligence (AI) has skyrocketed. This article consolidates everything you need to know right now, from current developmen...
Financial institutions (FIs) are facing a critical period. As modern technology advances, the shortcomings of legacy technology will hamper the competitiveness of these established organizations that ...
The COVID pandemic was perhaps the worst global crisis in a generation. Fortunately banks and fintechs with the right technologies and strategies not only weathered the storm, but came out on top. As ...
The cryptocurrency market is growing rapidly, and with it, the demand for white-label crypto exchange software. White-label software allows businesses to launch their own cryptocurrency exchange witho...
As lenders continue to evolve their credit risk strategies, perfecting how you buy credit bureau data is an important part of that process. But if your process for buying data has weak spots you could...
The ongoing shift towards a cashless society in the UK presents an intriguing landscape, promising enhanced convenience and efficiency. However, we must remain cognisant of the potential impact on c