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, […]
FinTech
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 […]
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 […]
In times where technology titans are capturing the market, telcos are forced to reimagine their business and embrace a future-back approach to transformation in order to survive and thrive in such a competitive environment. In fact, taking the digital leap is no longer an option especially that following the pandemic, customer behaviors leap-frogged five to […]
One of the digital age’s most relentless discussions circulates around the connection of blockchain in trade finance. Blockchain has the power to reshape trade finance as it has the utmost capacity to decrease unnecessary frictions and inefficiencies taking over the trade finance value chain. This cryptographic ledger is a vital apparatus that would optimize any […]
The world is entering the new age of digital finance, and financial technology is a pivotal element that will help shape the industry’s future. There is no denying that the COVID-19 pandemic played an integral role in altering the UAE’s financial services, going from unconnected traditional ones to becoming a critical and essential factor that […]
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 […]
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 […]
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 […]