FinTech

Fintech Is Reshaping the Financial Service Industry - Myth or True?

3 Mins read
Fintech has dramatically evolved in recent years, with the most notable changes happening in the past decade. These changes have created new convenient ways for people to interact with their money and posed new challenges for those who struggle with finances. Is FinTech reshaping the financial industry, or is this a hyped-up myth? Here is what you need to know.
FinTech

Top Fintech Startups to Watch in 2020

7 Mins read
The last months have dramatically changed things in the global world. Still, there are no options to turn off the global finance sector. The use of fintech apps is rising. Investments in fintech startups are growing. The best fintech startups of 2020 aim to fulfill newly emerged consumers’ needs. In this article, you will read about 12 hot fintech startups of 2020.
FinTech

Challenges of Core Banking Software Implementation

5 Mins read
In the dark ages before core banking software was a thing, transactions between different branches of a single bank took at least one day if the wind was fair and the weather favorable. Thanks to the expansive implementation of the core banking, the situation improved drastically, and now, 24 hours per transaction is a horror-movie material.
FinTech

Top Young UK Fintech Disruptors

6 Mins read
Currently, there are over 1600 fintech firms in the UK, and this number is expected to double in the 2030s. As follows, the emerging digital banking companies are numerous, and they come in different tastes and flavours. Unfortunately, not all of them will see through to stable success as it often happens with startups. However, the number of bright fintech rookies is surprisingly impressive.
FinTech

Developing Secure Fintech Application

4 Mins read
American Financial Sector gets cyber attacked “over a billion times a year,” stated CEO of PayPal and a chairman of Symantec, Dan Schulman, in this interview. In 2017, Banks lost $16.8 billion to cybercriminals according to Javelin report. The number of Data Breaches reported by UK financial companies to Financial Conduct Authority “rose 480% in a year” according to RPC report.
FinTech

Java for Fintech

2 Mins read
Java dominates work interviews; 90% of Fortune 500 companies use Java; Java reigns over the Finance industry; it is quite possible that one of your acquaintances learns Java; even your smart fridge most likely runs on Java. Java is everywhere and for a reason. This language is armed with everything required to create reliable and viable applications of all sorts and Fintech stuff in particular.