FinTech

How Can Big Data Benefit Large-Scale Trading Banks?

Advanced technologies such as machine learning, artificial intelligence (AI), cloud storage, and big data endorsed the financial industry’s digital transformation, allowing banks to heighten their market competition. Big data is one of the leading technologies that helped support and implement digital transformation for large-scale trading banks through storing and analyzing new and advantageous data to […]

Digital Financial Services in Developing Countries

The digital era has expanded its limitations of deliverance to reach financial services. The World Bank is implementing a strategy to enlarge the adoption of digital financial services in developing countries to answer poverty and suffering economies. The integration of technology and finance (Fintech) in countries where an economy based on traditional services is suffering […]

An In-Depth Guide to Start a FinTech Startup in India

Trading cryptocurrencies and investing in companies can take place within the boundaries of one platform, and all this can be attributed to the wonders of financial technology (FinTech). Yet, these undertakings are only plausible through the offerings of fintech companies that were once startups. The need to extend the existence of such startups is on […]

Fintech Solutions for Banks to Shape the Financial Ecosystem

The financial technology (FinTech) ecosystem is witnessing a power shift, one never seen before in the financial sector. To maintain its growth, the industry must impose a strategic power on the sector by implementing the right solutions and insights into the banking sector to fulfill its growth ambitions by optimizing financial institutions’ guidance and support. […]

2022 Embraces Financial Innovation: Top Trends and Predictions

As we bid 2021 farewell, the takeaway from this eventful year is that we should learn to cling to the wave of change that accompanies the human race and, with it, the wave of endless innovations. 2021 came, and along came the never-ending opportunities of financial innovation to evolve as a race and clutch to […]

Redefining Finance by Deconstructing Digital-only Banking Models

When comparing traditional and digital banking, we will find a remarkable number of advantages for digital banks. Their capabilities exceed those of ordinary banks with the mounting flexibility wave of financial technology’s (Fintech) emerging new technologies with the likes of cloud computing securing businesses globally. But what does digital banking really provide to both the consumers […]

Blockchain and Machine Learning in Finance

The past decade has brought a much more enabled open space for technological inclusivity and security business networks. The reduced costs for the public to further benefit from the financial sector came, including the banking sector. The incorporation of technology with digital security and financial customization gave birth to what is today known as “financial […]

“MyMonty” aiming to become the largest digital bank in the world

As one of the globally renowned leaders in Value-Added Services (VAS) and technological solutions, Monty Mobile is expanding its capabilities from Tech to FinTech, with Chairman Mountasser Hachem pursuing new ventures, landing the digital banking solution “MyMonty” which is envisioned to become the largest in the world”. MyMonty believes in partnerships with banks in order […]

FinTech Companies to Uplift Africa’s Offline and Digital Payments

The Covid-19 pandemic paved the way for a comprehensive technological adoption to push digital payments platforms to reach thousands, if not millions, of users in Africa, with the adoption of contactless means to conduct transactions. What was once perceived as a luxury for making payments now has become a necessity for the sustainability of Africa’s […]

'Buy now, pay later' catches on just in time for holidays

As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card companies, “buy now, pay later” is now available for purchasing […]