Recently updated on October 29, 2024If you are reading this article, you probably realize the vast potential of digital finance and want…
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.
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.
These days, banks and financial organizations face increasing pressure to maintain operational efficiency. And the challenges are compounded by increasing competition from…
It is not a secret that it is almost impossible to imagine the world of fintech without open banking. This concept, which…
Generative AI has vibrantly entered the stage since the end of 2022, redefining the possibilities of this transformative technology. Today, a staggering…
Fintech innovations have made it possible to turn money into digital assets, which can be accessed with a few taps on the…
Recently updated on October 29, 2024Integrating a customer service chatbot has proven to be a game-changer for businesses. It allows consumers to…
With the popularity of mobile and web apps, companies and businesses are now fighting to develop the best ones in the market….