Greater Use of Artificial Intelligence and Machine Learning in Finance
We have seen a considerable surge in the usage of artificial intelligence (AI) and machine learning in the finance industry in recent years. These technologies are being adopted by financial...
View ArticleThe Greater Use of Cloud Computing for Financial Services
For good reason, the financial services industry is quickly adopting cloud computing technology. Cloud computing provides numerous advantages, including cost savings, scalability, agility, and...
View ArticleWhy the Emphasis on Data Privacy and Cybersecurity Matters
In today's digital landscape, data privacy and cybersecurity are two essential areas that firms must focus. Data breaches and cyber-attacks have become a big concern to enterprises all around the world...
View ArticleExpansion of Open Banking and API Integration in 2023
The banking industry has been transformed through open banking and API connectivity. The advancement of these technologies has allowed financial institutions to broaden their offerings while also...
View ArticleThe Growing Importance of Micropayments and Microlending in Africa
Micropayments and microlending are growing popularity around the world, notably in Africa. The continent contains a substantial number of unbanked or underbanked people, creating a financial inclusion...
View ArticleMarket Grappling the Emergence of Social Media Based Financial Products and...
One of the most significant innovations in the financial industry in recent years has been the growth of social media-based financial products and services. Social media platforms have become an...
View ArticleUse Cases of Alternative Data Sources for Credit Scoring and Risk Management
The utilization of alternate data sources for credit scoring and risk management has increased significantly. Traditional credit scoring methods, which rely on credit reports and other financial data,...
View ArticleRevolut Introduces Joint Account, Group Chat to Mobile App
Revolut, a London-headquartered challenger bank, has launched Revolut 9.0, a new version of its mobile app that includes new features such as joint accounts, group chats and customizable home screen....
View ArticleSelf-Sovereign Identity (SSI) and Why It Matters in 2023
In the area of identity management, self-sovereign identity (SSI) is a new notion. The term 'responsibility' refers to the act of determining whether or not a person is responsible for the actions of...
View ArticleThe Importance of Real-Time Payments and Settlements in Africa
Real-time payments and settlements are becoming an increasingly crucial component of global financial systems. This is especially true in Africa, where the necessity for quick and efficient payment...
View ArticleThe Continued Rise of Fintechs and Challenger Banks
In the financial business, we have seen the rise of fintechs and challenger banks in recent years. Fintechs and challenger banks are upending the traditional banking industry by providing new,...
View ArticleHarnessing Quantum Computing for Financial Analysis and Risk Management
Quantum computing is a relatively new technology that has the potential to revolutionize the way financial analysis and risk management are conducted. Traditional computing is based on classical...
View ArticleThe Expansion of Mobile-first Banking and Investment Services
In today's digital age, mobile-first banking and financial services are fast developing. Consumers are increasingly turning to mobile devices for their banking and investment needs, thanks to the...
View ArticleThe Role of AI in Insurance: From Underwriting to Claims Processing
One of the most significant changes in recent years in the insurance sector has been the incorporation of artificial intelligence (AI) into various phases of the insurance process. From underwriting to...
View ArticleHarnessing Biometric Authentication and Identification in Finance
With the advent of digital banking and financial services, individuals and financial institutions alike are concerned about security. To address this risk, several financial institutions are...
View ArticleUK Unveils Two-Year Open Banking Development Plan to Boost Fintech Apps
The Joint Regulatory Oversight Committee (JROC), which is co-led by the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR), has released its proposed guidelines for the upcoming...
View ArticleFintech for Supply Chain Finance: Streamlining Payments and Working Capital...
The supply chain is the global economy's backbone. It includes all of the activities involved in delivering goods or services from the manufacturer to the end user. Efficient supply chain financing is...
View ArticleOpen Banking and Financial Inclusion: A New Hope for Underserved Communities?
By allowing third-party providers to access financial data and offer new services to customers, open banking has the potential to revolutionize the financial system. Financial inclusion for...
View ArticleWealthtech and the Rise of Robo-Advisors: Opportunities and Risks for Investors
Wealthtech is a concept that has gained traction in recent years as technology continues to transform the way we invest and manage our money. The growth of robo-advisors, which are digital platforms...
View ArticleJP Morgan Taps Sharegain to Enhance Securities Agency Lending Offering
New-York-based banking giant, JP Morgan, has entered into a strategic alliance with business-to-business securities lending firm, Sharegain, to boost its securities agency lending offering. Sharegain...
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