Recently updated on July 22, 2024In the article on personal finance apps, we said that overt repetition about security in fintech is…
Fast backward to ancient Babylonia, 1800 BC give or take several hundred years (yeah, no historic accuracy for us here). Imagine you are a farmer named Abum-kila-ilim, and you need a loan because the latest harvest wasn’t spectacular, your livestock is underfed, and you… you’re quite likely underfed as well. Where would you go? That’s right: to the shrine of Shamash, the sun-god and the lord of justice and righteousness!
In 2018, in the US alone, the insurance industry totaled $1,22 trillion in net premiums with 2.7 million employees and $49.5 billion of payments in property losses. The industry is a giant, and its economic impact is colossal. And, what even more colossal is the amount of paperwork and number of the complex processes that run insurance companies.
I received an offer from another, way bigger company, and… Well, sure, with my rose-colored glasses on, I took the offer.
One more year has passed, I’ve got a few different certifications and watched hundreds of thousands of dollars being wasted.
Considering that the United Kingdom is among the global technology leaders, it’s quite possible that the next “Amazon//Google/[Insert tech giant of your choice here],” which will change the digital ecosystem forever, is currently rising to its feet on the Kingdom’s islands.
In this article, we gathered the diverse Top of UK Startups to Watch for in 2020, which have the potential to shake the IT and real world.
Transferring money from point A to point B sounds easy on paper. In practice, the process is simple only when it’s two people who are close to each other and have enough cash. Money transfers can be quite a hustle, especially if it’s an international transfer, and it’s neat when software can handle this hustle for you.
Recently updated on July 29, 2024People seem ready to go all-in with a cashless style of life and forget about clunky wallets….
The majority of people still ‘bank’ in an old-school traditional way with often visits to the departments, cumbersome or expensive P2P money transfers, and the unmistakable fragrance of bureaucracy. Though there is still some style to traditional banking due to its exquisite institutional posturing, old buildings with classical tang, and ages-long history of intricate financial manipulations, the views and desires of people shift towards the magnetic convenience of mobile-only banking apps.
The topic of the gateways is a little more complicated and interesting than it seems. Payment gateways still have plenty of room for improvement and plenty of opportunities to surprise us, pleasantly or otherwise. Considering the significance of payment gateways in all industries from FinTech to Logistics and Education, those opportunities are worthy of your attention.