FinTech

MyMonty - To All Banks, Let Us Digitize You!

In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration. His first go-to-market company was Monty Mobile, adapting various cutting-edge technologies to provide 4G and 5G wireless solutions and value added services, Messaging, Omnichannel, eSIM, and many other solutions which have been greeted enthusiastically […]

Telecom Giants Aiming for Peak Fintech Adoption

Financial innovations are happening globally, with telecom companies aiming to be critical players and thrive alongside and by utilizing fintech solutions and finding a footing in the fintech space. Experts note that the shift into digital aspects will be permanent. Smartphones currently power financial services and payments, allowing access to revitalized data, embracing technological innovations, […]

Working in Fintech vs Banks: Which One Is for You

The development of technology has created various new businesses and transformed many industries, but Financial Technology (FinTech) is one in particular that has distinguished itself. The FinTech landscape is a burgeoning economic sector made up of businesses that employ technology to improve the efficiency of financial services. Both recent graduates and seasoned professionals can find lots […]

The Benefits of Blockchain in Fintech: Algorithmic Disruption

The financial sector has come to understand how revolutionary blockchain technology can be for increasing revenue, enhancing the end-user experience, streamlining the delivery process, increasing efficiency, and lowering business risk. Like any other sector in technology, fintech is ever developing. Every day, a number of new finance applications emerge that provide improved and innovative methods […]

Fintech Ideas Overshadowing Traditional Banking

The world of fintech is forever evolving. It needs to be, and the need for it to match our high level of demands requires it to be. Significant trends are introducing themselves to the world to notice their existence. If you take a closer look, you might find your golden ticket, perhaps the direction that […]

Bitcoin Depot to List in the U.S. Through $885 Million SPAC Deal

Fintech Bitcoin Depot plans to list in the United States by merging with blank check company GSR II Meteora Acquisition Corp in a deal valued at $885 million, the companies said on Thursday. The transaction will raise up to $321 million of cash held in GSRM’s trust account and will be used to support Bitcoin […]

India Freezes Assets of Binance-linked WazirX

India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange Binance, as part of its investigation into suspected violation of foreign exchange regulations. The federal Enforcement Directorate (ED) said that it froze assets worth 646.70 million rupees ($8.16 million). “We have been fully […]

Is Blockchain the Future of Finance?

Gains in actively traded assets that can be easily attained are what is driving the first wave of applications in banking and finance. These include improved data security, simplified customer verification required by Know Your Customer (KYC) and anti-money laundering (AML) standards, faster processing, and recordkeeping facilitation. Trading is supported by the common denominator of […]

What Is GTE Technology, and Why Are Billionaires Investing in It?

What is GTE technology, and why are tech moguls betting big on it? GTE technology stands for Global Token Exchange. If you are remotely familiar with the potential of financial freedom that the advent of blockchain-enabled finance has to offer, then those words should give you goosebumps. Billionaires do not get to their level of […]

Digitalization of Banking in the UAE

The current digital transformation in the UAE banking sector is thriving. What we are witnessing today is more than just a simple change in how we make transactions; it goes well beyond simply transitioning from a traditional into a digital world. This entire concept of digital transformation strategy in banking is integral to how banks […]