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 […]
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 […]
Another Operator has launched a direct mobile digital banking scheme in Puerto Rico. T-Mobile MONEY is a free, interest making mobile checking account that anyone can open and control straight from their smartphone. T-Mobile MONEY lets customers earn a massive 4.00% annually on balances up to $3,000. This is 80 times higher than the standard […]
The contribution of the mobile economy in the Middle East and North Africa (MENA) region, is expected to reach just over 220 billion USD by 2023, as countries increasingly benefit from the improvements in both productivity and efficiency, as a result of increased utilisation and take-up of mobile services. Last year, mobile communication technologies and […]
With the rise and expansion of 5G, Big Data, IOT and FinTech, 2020 has been dubbed the year: The operator strikes back! Having seen a decline in revenue since the emergence of OTT messaging and calls, new technologies are now allowing operators to reclaim their territory in the rapidly developing world of tech. Inside telecom […]