Tag: Financial Services
IoT in the Financial Sector: Benefits, Challenges, and More
The Internet of Things (IoT) sector is rapidly growing. According to Gartner, 25 billion connected things will be applied by the end of 2021 for producing and processing large piles of data. Such a technology flourishes these days, facilitating people’s lives in almost all the fields of activity. Banking is one of these fields where…
How tech-savvy fintech startups are transforming investment banking
By iTechArt, a one-stop source for custom software development. Between uncannily smart algorithms, out-of-the-box blockchain solutions, and a world caught by surprise on NFTs, it is easy to get lost. Let’s dive into how the investment banking segment is leveraging technology to innovate in the fintech industry. Enterprises can be notoriously bureaucratic whenever something —…
The Top Neobanks in 2023
Article reviewing all the major neobanks around the world by Alex Beck, founder of Clara, a fintech comparison site to help people find and compare the best new finance products. Since the global financial crisis of 2008, the trust of consumers for traditional finance has been slashed. Banks for so long charged a host of…
What next for P2P lending? Interview with Janis Eismonts
Peer-to-peer lending has boomed in recent years, particularly in the US and the UK. And so has the funding funnelled to these companies. It had been also quite popular in China between 2011 and 2015, because lending there was really ripe for disruption. Until we realised that most Chinese P2P lenders were in fact Ponzi…
How do you Build a Fintech App?
Guest post by Vitaly Kuprenko, technical writer at Cleveroad, a web and mobile app development company in Ukraine. He enjoys writing about tech innovations and digital ways to boost businesses. Financial technologies are an up-and-coming field. Statistics show that the fintech market is forecasted to pass $325 billion by 2030. Fintech is in demand nowadays…
The Many Wonders of Digital Banking
This is a guest post by Ugo Juliet, a fintech and SaaS writer who helps businesses reach out to their target audience using content. For many bank customers, it’s been a long time since they set foot in a banking hall. Yet, they have been performing so many financial services’ transactions, all thanks to the…
Bitcoin as a Widespread Payment Option? Interview with Sung Choi
Have you heard of Bitcoin? You need to read this with a sarcastic tone, obviously. The most famous cryptocurrency has been at the centre of all the financial news for quite some time. However, this has been more linked to its interest as a speculative investment or store of value. Depending on whom you ask.…
What next for innovation in banking? Interview with Dmitrii Barbasura
No matter what you can hear or read, innovating is incredibly hard. That’s true for both large and small companies. The vast majority of startups do not survive more than a few years. Incumbents try hard to spin-off new ventures, which sometimes end in massive and expensive failures. Like RBS and its digital bank, Bó,…
Cleaning up the Digital Ecosystem
Guest post by Ro Paddock, Head of Anti-Financial Crime (AFC) at digital identity specialist Fourthline. Global lockdowns forced all sectors of society to find new, technologically driven ways of continuing daily activities. The result is threefold: a permanent reshaping of consumer behaviour, a resetting of expectations and an acceleration towards digitalising everything from commerce and…
Having a great fintech idea doesn’t matter…
That’s not a click-bait headline. Maybe just a little to get your attention. But it’s true: having a great idea doesn’t matter so much in the business world. Even though, actually, it is a bit more nuanced. Having an idea indeed matters, but much less than its execution. What that really means is that you…
