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Mergers and acquisitions (M&A) play a crucial role in the growth and expansion of businesses worldwide. They enable companies to increase market share, diversify product and service offerings, and achieve economies of scale. A successful M&A transaction can lead to significant competitive advantages and long-term value creation for the involved organizations.
The amount of articles about the impact of Artificial Intelligence in the financial and banking industries continues to increase amid strong attention from major players, and for a good reason. AI has a number of use cases that banks and other financial institutions can benefit from, ranging from banking chatbots to smart contracts.
Blockchain is one of the most used technologies in fintech, and also banks can benefit from this technology. Discover more with FinTech Weekly.
In a letter to shareholders penned back 2014, Jamie Dimon, CEO of U.S. banking giant JPMorgan Chase, wrote of Silicon Valley tech startups: "They all want to eat our lunch, every single one of them is going to try and a lot of them will succeed."
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In today’s world, many financial services applications rely on APIs to exchange data and interact with external systems. With the increasing adoption of cloud computing, the usage of APIs has grown exponentially, making API security a top priority for financial organizations.
With traditional banks and financial systems on their last legs in terms of innovation andaccessibility, financial technology (fintech) startups have become a focal point of theindustry. Whether you are a financial expert, an accounting specialist or work in a fintechstartup yourself, there’s no denying that the industry is on a continuous upward trend.
Once the darling of Silicon Valley, Theranos CEO Elizabeth Holmes convinced investors that she could accomplish the (currently) impossible. With Steve Jobsian style, dress and a sharp wit investors wanted to desperately to believe.
The debate about which is the best type of investment is as old as investing itself. While no market is “crash-proof,” real estate is traditionally viewed as one of the best and safest (if not the safest) investment options available, for several reasons.
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Blockchain, an evolving technology that has influenced many industries, including finance, tech, real estate, and gaming, is created by various programming languages.
Bitcoin is often portrayed as an untraceable method of payment that facilitates illicit activities by enabling criminals to make and receive payments without being tracked. This depiction implies that users transacting in Bitcoin can do so completely anonymously — that their identities will not be exposed. However, that is not necessarily the case. While Bitcoin offers increased privacy compared to traditional payment methods involving a third-party intermediary such as a credit card provider, it is still not as anonymous as a cash transaction. In fact, there are many ways a person’s identity could potentially be exposed in Bitcoin transactions.
A coalition of cryptocurrency and blockchain organization won’t be taking big tech’s recent ban of crytpo-related ads sitting down.
Article first published on March 28th, 2018 on Coincentral.com
Conserving plastic with digital control over Debit & Credit cards
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How mathematics is used in tech? From fintech to artificial intelligence and data analysis, discover how math creates the technology we rely on today. Explore its role in innovation!
Cryptocurrencies – digital currencies that are transparent and free from government interference, running on secure blockchain technology are growing in popularity. In investment circles, and the wider sphere of financial services overall, cryptocurrencies still face a lot of skepticism and prejudice, fueled by regulatory uncertainty, volatility and in some cases, the perception of bloated valuations.
World Satoshi Summit & NASSCOM Blockchain SIG to Promote adoption of Blockchain for various sectors and industries
The global financial system comprises of transactions that involve trillions of dollars a day, not to forget billions of people. And though the current system, at a glance, seems to be working fine, it’s riddled with various issues that need to be addressed, and now.
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To differentiate their products and services from ever-increasing competition and drive down operational costs, financial services organizations globally are accelerating their digital transformation initiatives.
We talked to Finxact co-founder Dan McKinney about the changing service industry, the ever-growing importance of customer experience and all the implications for banks today. And what came first, the chicken or the egg?
When was the last time you pulled out a wad of cash to pay for dinner or a stack of dollar bills to cover your rent? If you’re like the rest of the developed world, chances are, it’s been a while. The transition to a cashless society has been a long time in the making, but there are other interesting developments afoot, leading to a rise in Alternative Payment Methods (APMs).
Lenders have long faced down the issue of fraud, but now, digital lenders are now facing even greater challenges. Digital lenders have become an easy target for identity and transaction-related fraud, compared with non-digital lenders, as criminals can now hide behind a mobile or computer screen.
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Credit scores are an incredibly important part of every company, as they can have a huge impact on their ability to get loans, procure equipment, extend lines of credit and obtain other forms of financing. That said, it's much easier to ruin a company's credit score than a personal one, although that may sound difficult to believe.
While Fintech companies were initially viewed as a banking competitor, the two are finding that there is greater benefit to working together. According to the 2017 World Retail Banking Report, 91 percent of banks and 75 percent of Fintechs responded that they expect to partner with one another in the future.
A change in our approach, and the ways we use technology, can be disruptive to the Financial Service Industry.
The past few years have been a technology roller coaster ride for financial services companies. From heightened cybersecurity threats to increased demands from customers on the digital front, the very rules that defined the industry have changed. And 2018 will be no different.
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Small businesses are the backbone of the economy.