Everyone is curious to know what the world will look like in the future. Hold on if you thought of flying cars and robots! There are other fascinating technological developments to consider, like digitalizing paper money. Digital currency is not a newly generated term, as we became familiar with it a long time ago. The […]
FinTech
The world has seen technology infiltrate almost every sector the world has known, and the financial industry is no different. Traditional banking was getting the job done, and it almost felt like this was how things would be forever. Yet, innovation strikes, and the world is introduced to eclectic solutions to problems consumers never considered, […]
One of the world’s most widespread problems lies within the boundaries of one of the UN’s Sustainable Development Goals (SDGs) to reduce inequalities, namely SDG 10. Financial exclusion’s transformation to become a goal birthed new equalities of opportunities and availabilities to access financial services, or as more commonly known, financial inclusion. The endless opportunities brought […]
The world is intensifying its adoption of digital means to conduct its finances. The accelerated use of the Internet and smartphones has impacted the burgeoning of digital banking and any financial ecosystem. The United Arab Emirates (UAE) is no stranger to transforming one of its primal sectors’ frameworks as the financial sphere becomes increasingly technologically […]
From the firm belief in delivering equal opportunities, inclusivity, commitment, and conscientious work ethics birthed a rising financial technology (Fintech) company, MyMonty. The idea of the company stems from the fundamental core philosophy of equality and delivering on the promise of offering everyone basic banking and financial services. Executive Vice President (EVP) of MyMonty, Charles […]
Small businesses represent about 90% of businesses worldwide. However, managing finances can be quite challenging for small businesses. Thankfully, there are now modern banking solutions that have made financial transactions in business seamless. One such is the virtual credit card. This innovation has enabled businesses to handle their financial affairs more smoothly. In this piece, we will […]
People worry that the ‘tech bubble‘ will likely burst right in front of them. Rightfully so. This year, tech shares are down more than 30 percent, and private firms are experiencing confidence-shattering down rounds. In contrast, cryptocurrency exchanges like Celsius declare bankruptcy as prices of cryptocurrencies plummet. And FTX is taking the whole crypto market […]
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, […]
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 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 […]