#InsurTech #FinTech #Blockchain
#ArtificialIntelligence #VentureCapital
As tech and banking join forces, here are some major trends that could impact your finances. Image source: Getty Images. What happens when technology and banking join forces? Last year was a record year for the FinTech — or financial technology — industry, and 2019 is poised to produce continued growth for the sector. As […]
Read MoreLast month, the regional banks SunTrust and BB&T announced the largest bank merger since the 2008 financial crisis, one that would create the sixth-largest bank in the U.S. At the time of the announcement, some commentators interpreted the deal as the latest in a long tradition of regional players consolidating to gain scale and reach. […]
Read MoreThere’s no shortage of companies working to disrupt the financial services industry. Shares of fintech companies like Square and PayPal have soared in recent years, with investors betting there’s money to be made removing friction and reducing costs in the payments industry. As the world continues to shift away from cash and toward digital […]
Read MoreFrint technology for card payments Two hundred customers are to take part in the pilot, which will enable them to use their fingerprint to verify payments. “Contactless” refers to a cashless method of paying for something, whereby a customer physically hovers or places their card or contactless device over a reader to make a payment. […]
Read MorePayments could help Facebook develop an entirely new revenue stream aside from advertising — something “sorely needed at this stage of the company’s narrative,” says Barclays internet analyst Ross Sandler. Barclays see as much as $19 billion in additional revenue in its “upside case” for Facebook by 2021 if its cryptocurrency plans work out. The […]
Read MoreHow Blockchain to Fintech can Increase Your Profit! Image Credit: Stockunlimited Since the past couple of years, Blockchain is the buzzed terms for the industry. “A subsequently step that maintains a continuous growth of transactions from distributed traditional method towards modern database globally to integrate with all types of machines and source of data”. “The Blockchain […]
Read MoreBank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For traditional financial institutions (FIs), working with a would-be competitor means integrating technologies for customers without having to build solutions from scratch. For FinTechs, the deals mean access to a broader range of customers through well-established industry names. This […]
Read MoreRaisin, the marketplace for savings and investment products, acquires German banking provider MHB Bank Hot on the heels of raising $114 million in Series D funding, Raisin, the pan-European fintech marketplace for savings and investment products, has acquired MHB Bank of Frankfurt, its main provider of banking services in Germany. Terms of the acquisition remain […]
Read MoreGerman banking-as-a-service supplier finreach and banking API compatriot figo are to merge their operations to create a one-size fits all suite of products for companies entering the financial services space. With locations in Hamburg and Berlin, the two companies are awaiting approval from German financial regulator BaFin for the tie up, which is being funded […]
Read MoreIn 2018, the UK’s retail and hospitality sectors suffered a difficult year. This year, they will fight back. Fintech, and payments technology will improve customer experiences forming the cornerstone of retail’s renaissance. Retailers unlock the full potential of unified commerce: In the new payments world, unified commerce is king. Rather than a source of competition […]
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