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.
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.
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In the realm of finance, the churning wheels of innovation have never ceased to turn. The fintech sector, a vibrant fusion of finance and technology, exemplifies this constant metamorphosis.
As a pullback from bitcoin’s expected prolonged bull run has some investors considering selling, most are in it for the long haul.
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.
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n the contemporary digital era, the significance of crypto security is of paramount importance. The emergence of cryptocurrencies and blockchain technology has rendered it imperative to safeguard our digital assets against potential hazards and assaults.
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?
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Cryptocurrencies continue to revolutionize industries around the world. Investing in crypto can be exciting and profitable, but a clear, informed strategy is essential.
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.
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The financial industry has always been a prime target for cybercriminals. As criminals are quickly growing more sophisticated, financial institutions must step up their cybersecurity approach and focus not just on gating data but on inside threats - specifically, those that have a root in access privilege abuse.
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.
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The already rising popularity and adoption of cryptocurrencies will continue in 2024. However, its adoption, though revolutionary and very promising, hasn’t been without various challenges. Since its inception, cryptocurrencies have faced significant hurdles that affected their use and acceptance.
Regardless of your occupation, country of origin or lifestyle choices, healthcare is something we should all keep at the back of our minds at all times. Given the digitalization of banking and personal finance management we’ve experienced in recent years, it goes without saying that the healthcare industry could benefit from adopting recent trends into their servicing portfolio.
The financial industry has been the most reluctant to completely migrate to more sophisticated technologies. As time went on and new security measures were introduced, the finance industry started transforming into what is called fintech.
If you’re an Australian business owner, the last few years have been frustrating ones. Ever since the Royal Commission exposed their lax lending standards in 2017, the Big Four have been in lockdown mode.
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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.
We are living in the golden age of financialization. Everything we know is already financialized or is on the verge of getting financialized.