Technology is fundamental to the retention of customers, for one simple reason. Technology facilitates and drives the development of services, expected by the tech savvy client. People are always looking for ways to make their payment processes faster, safer and more convenient. Fintech adoption has rapidly escalated amid the pandemic, which has meant that banking […]
FinTech
UK trade with Ireland faced significant growth between 1999 and 2018 registering £ 2.9 billion and £13.5 billion respectively, according to a briefing paper Statistics on UK trade with Ireland published on January 14, 2020, by the House of Commons Library. In 2018, Ireland was the UK’s 5th largest export market and the 10th largest […]
African countries long served by traditional banks are experiencing a huge digital financial transformation amid Covid-19. The move – initially used to control the spread of the virus – might position Africa as an international leader in digital banking which will boost the digital economy. According to the GSMA report entitled “State of the Industry […]
Fintech allows you to perform all kinds of operations wherever and whenever you want. Financial technology is a tool that has been changing the way we work with money. The Fintech market will pin its worth at approximately $ 305.7 billion by 2023 according to the Global Fintech Market (2018-2023). Due to social distancing, Fintech […]
Capgemini released the World Fintech Report 2020, which states that at the moment, the divide between what consumers expect and what traditional banks deliver at present, is significant. It is consequently, the perfect time for banks to catch up with the whole back-end process in order to provide the most effective customer experience. The report […]
The current Coronavirus pandemic has driven a huge 72% increase in the use of FinTech applications in Europe. The research, published by deVere group found that at a time when most industries in the economy are starting to feel the impact of what is already being labelled an international recession. This sharp increase in app […]
Tech giants are predicted to take up to around 40% of the $1.35 trillion in US financial services revenue from incumbent banks. Three of the largest US based, multinational tech companies — Apple, Google, and Amazon — are increasing their scope and slowing encroaching on financial services and the new era of FinTech. This is […]
Hitachi, Hitachi Asian markets (Vietnam) Co, Ltd. local subsidiary of Hitachi in Vietnam, and VietCredit Finance Company (“VietCredit”), a local Vietnamese consumer financial institute in Vietnam, announced that they are the latest collaboration to reach an agreement on the start of a demonstration experiment to provide new financial services using digital technology such as AI. […]
It is very common for senior staff at big tech companies like Apple and Google to leave and branch out to pursue a n tr passion in their field of interest. The move from ‘big tech’ to FinTech is happening more and more. What makes for a successful move and what do these big tech […]
The first Angolan digital banking platform DUbank, is set to be inaugurated at the beginning of 2020 with an initial investment valued at $12 million. Sérgio Hirose, Executive Director at DUbank, claimed that all the legal requirements stipulated by the National Bank of Angola have already been fulfilled. The only item remaining was the endorsement […]