Stop by for essential information about the disruptive technologies driving start-ups and revolutionizing banking, payments, and insurance.
In the face of digitalization and the pandemic’s impact on business workflows, the investment industry’s focus has shifted to online platforms. They allow wealth to grow, and customers understand it. In Australia alone, the investment platform market was US$680 billion in the first half of 2020, with positive growth of 8 percent in the quarter. This trend is global and clear for fintech companies and startups. Today, competing platforms...
Read moreLoans designed to balance temporary money shortages are an integral part of a market economy. When requesting funds through a conventional method of applying, borrowers have always faced bureaucratic, organizational issues that are highly tedious and time-consuming to resolve. But getting loans is quick nowadays due to peer-to-peer (P2P) lending mobile applications. Technologies transform our lives, and apps offer end-to-end solutions for easy application approval...
Read moreThe FinTech industry has evolved at a rapid pace over the last few years. Banking and Finance show fundamental shifts in technologies applied, thanks to mobile products' skyrocketing and machine learning (abbreviated as ML). Hence, there is more scope for startups in the industry. It was reported that FinTech startups in the United States raised more than $12 billion in...
Read moreIn the years ahead, the banking sector is waiting for a growing fintech impact on the banking industry. "Uberization" may reduce the number of staff in the industry to 50%. Profitability in some areas of banking services will fall to more than 60%. It was stated by the former head of one of the largest banks in the UK, Barclays Anthony Jenkins,...
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