Smart Technology in Fintech
Fintech, which some professionals express as “FinTech,” is short for financial technology. It’s a term that reflects new innovations in facilitating monetary activities used by businesses, investors, and consumers. This emerging technology is considered disruptive because it competes with traditional methods of delivering financial services. Here are essential points to [...]
Blockchain and Bitcoin
The terms ‘blockchain’ and ‘bitcoin” have become buzzwords across multiple industries beyond IT and finance. The media has used the terms frequently in recent years to report stories on alternative investing as well as the emergence of decentralized digital transactions. Here’s a look at the differences between the two concepts. [...]
Blockchain Technology
Blockchain is a distributed, unchangeable ledger that makes keeping track of transactions and managing assets in a corporate network easier. Intangible assets include intellectual property, patents, trademarks, and brand names. Tangible assets include vehicles, cash, and land. A blockchain network lets you track and trade anything of value, reducing risk [...]
Crypto Investment
The term “cryptocurrency” has gained increasing attention in recent years due to its digital convenience and potential for growing assets. One of the first questions an investor should ask is: how safe is a crypto investment? Is it a trend or is it here to stay? Other questions surround how [...]
Fintech Trends
Long-term FinTech trends will generate real value, rather than perceived value. Here’s an example of something that generates wealth without value: a pyramid scheme. But pyramid schemes implode under their own volition, and people lose lots of money. Bernie Madoff made off with billions from a pyramid scheme; but he went to jail, and [...]
Fintech Investment
The banking and finance industry is undergoing a transformation. Developments in fintech will revolutionize banking in multiple ways by using innovation to boost efficiency, the leveraging of cloud technology, robotic process automation (RPA), and AI. From mobile payments to online lending, the way we bank is changing. Mobile apps are [...]
Iot in Banking
From 2018 to 2023, the worldwide IoT market in the financial, banking, and insurance (BFSI) domains is estimated to surpass $2030 million, growing at a CAGR of 52.1 percent. The rising usage of IoT systems in banking operations has contributed to the industry’s development. In light of the COVID-19 shutdowns, [...]