Risk management is the process of tracking and evaluating risk levels in a given organization. The results of the tracking process are used to create new risk prevention strategies and improve old ones if they’ve proven ineffective.
The top 10 organizations by market capitalization at the end of 2020, barring a few were very different then the organizations which featured in the list at the end of previous decade. The last decade belonged to digital disruptors, even in the highly regulated industry like banking & financial services.
As a pullback from bitcoin’s expected prolonged bull run has some investors considering selling, most are in it for the long haul.
Regulated blockchain is a key step to create CBDCs, one of the most discussed topics right now. But there are still many elements to investigate.
A new report from CB Insights highlights blockchain landscape, the impact of COVID-19, and what’s in store for the remainder of 2020
Data security, transparency and choice - growing consumer demands force the banking sector to adapt to transformation processes in a rapidly changing ecosystem. Open banking is one of the big topics, providing new standards, new business opportunities and costumer-centric services. We talked to Mohammed Aziz (hereafter MA), co-founder and CEO of DAPI about the chances of open banking, the status quo in the MENA region and the future of fintech.
How the fintech revolution presents an existential threat to traditional banks
Innovation has the power to change just about everything, and the tech world is constantly striving to improve and streamline processes. In the finance sectors, this means finding ways to speed up the lending process, keeping data secure and safe and finding new ways to make things easier for customers and companies alike.
We’ve been hearing about IoT for quite some time. It’s revolutionizing fintech, education, medicine, and many other industries.
But what is IoT?
Technology has changed, and improved everyday life in general and the way companies conduct business. It was not so long ago that entrepreneurs, small/large business owners, investors, and so on had to physically go to the bank to access a loan, get a mortgage and carry out other transactions.
With the rise of accessible smartphones and global internet coverage, digital banking has proven to be a lucrative development opportunity for FinTech businesses. Whether you operate as a retail banking firm or a disruptive FinTech startup, 2020 and its upcoming trends are bound to inspire change in your business model.
Blockchain applications are no longer news in the IT world. And it's pretty evident on the growth and consistency with which these applications have transformed society. This, in turn, has created more awareness for both blockchain technology and its applications, causing many people to take an interest.
Financial technology or “fintech” has seen tremendous development over the past few years, but its growth on online platforms makes this industry uniquely vulnerable to security breaches. Some of the biggest U.S. companies have suffered from cybercriminal attacks (Equifax, Yahoo, Uber), which goes to show that fintech startups are even more vulnerable to hackers and need to have this issue front of mind. Since fintech companies are managing vast amounts of sensitive information, there’s a heightened need to take action from the start to ensure systems are secure from being compromised.
Cash flow is a worry for anyone who runs a business. Fortunately, the days of having to navigate Excel spreadsheets and paying large amounts of money for business accounts and card processing tools are (almost) over. Have a read of how technology could help keep your business healthy.
Technology has evolved through an epic speed, over the years, to assist humans in different ways. When compared between the time it all started and what it is today, technology has progressed through innovations and technological development such as 5G, blockchain, artificial intelligence, and power.