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In the first half of 2020, $2 trillion in cash landed in deposit accounts of U.S. banks and credit unions, according to FDIC data. From corporate borrowing to cash-hoarding and stimulus checks, the un...
Due to time, cost and loss of productivity required to deliver a KYC remediation project, many firms delay activity or avoid the challenge altogether until the regulator comes to call. However, with ...
There are numerous initiatives underway in Seychelles to foster innovation in FinTech, including digital assets and services. We explore what that means in a regional context in relation to future dev...
It is not a surprise anymore that the fintech industry is developing at rapid steps around the world. The digitalization, which led to the improvement in various industries is visible and tangible in ...
There’s a familiar adage, “If it ain’t broke don’t fix it.” While its origins are unclear, it’s essentially a great excuse for doing nothing. A stark reality is that many banks run on platforms that a...
Smart contracts are one of the most popular and talked about subjects being built in the blockchain industry. As processes are increasingly digitalised, it is becoming necessary to find a way to make ...
Today companies have rapidly shifted to cloud technologies. With the disruptive technologies and innovations, unprecedented changes have been taking place in all industries, including Financial Servic...
The lockdowns and the dread of going to crowded places have taken a toll on most of us, but not fintech companies. Europe, for example, has witnessed a 72% boost in fintech use. However, such a bless...
The new edge customers are always looking for something more from the technology that they use. Augmented Reality is a promising technology which is intended to provide not only a comfort but also a g...
Bank debit schemes. Contactless technology. Mobile wallets. Payments technology has evolved at an incredible rate. Even before Covid-19 cash was losing its dominance around the world. Now the coronav...
From the rising importance of digital transformation, we have seen a shift in application security debt within the financial services industry. Although financial organisations tend to have the reputa...
Now more than ever, financial services institutions need to move from legacy operational processes and compete with the fast-moving digital world, by putting a digital customer experience at the centr...