A race is on to supply non-FinTechs with backend financial technology that improves customer experiences (e.g. adding financial services to their offering). A good example of this is Shopify, which …
Read More »Blog Archives
Data Science Set to Replace ‘Gut Feelings” in Investment Decisions
For most of investment history, the most successful investors purportedly have the ability to make sound financial decisions from having a good ‘gut feeling’. But with the onset of artificial …
Read More »Unleashing the Power of Blockchain
Blockchain-based solutions are primarily associated with cryptocurrencies; however, the decentralized and transparent nature of blockchain and its distributed yet unified recording system is capable of improving performance and security in …
Read More »Banking for Modern Couples
Let’s be honest; banking isn’t working for modern couples. Thankfully, FinTech is coming to the rescue. Using data gathered from 3 years of tracking the ways couples share and manage …
Read More »Are Incumbent Financial Institutions Finally Embracing Open Banking?
Open banking was once viewed by many incumbent financial institutions with much skepticism; however, as open bank hub initiatives continue to prove their value in giving consumers more (and increasingly …
Read More »5% of Financial Executives Plan on Investing in Bitcoin in 2021
A small-scale study of financial executives has found that 5% of companies intend to invest in bitcoin (BTC) as a corporate asset this year, with a further 11% stating they …
Read More »What Consumers Want from Financial Apps
We now live in a world where there is seemingly an app for everything. The financial world is no exception. With financial apps continuing to increase in popularity worldwide, markswebb …
Read More »The Economic Impact of 5G
5G’s faster speed, lower latency and ability to connect vastly higher numbers of devices has given us a glimpse of a more efficient and productive future. And as 5G’s adoption …
Read More »Top 10 Banking Trends to Watch in 2021
While 2020 will likely be remembered as the year we, as a world, got knocked down, 2021 is likely to be remembered as the year we picked ourselves up and …
Read More »Getting Closer to a Cashless Future
Last year, several changes occurred in the payment behavior of consumers. Most notably, the number of non-cash transactions jumped dramatically, and contactless payment methods (especially relevant with the ongoing pandemic) …
Read More »Digitization and Cashlessness: 2 Financial Market Inevitabilities
While market dynamics and financial infrastructure vary greatly by country and region, it is clear that changes across financial markets have 2 commonalities: digitization and cashlessness. Both of these inevitabilities …
Read More »Top 5 Mobile Financial Institutions Operating in Europe
Mobile-only financial institutions are revolutionizing personal banking, offering faster, cheaper, more secure and easier-to-use products and services via a simple Android or iOS app. Not to be confused with the …
Read More »Are Central Bank Digital Currencies a Go Around the World?
he Bank for International Settlements (BIS) recently conducted a study on central bank digital currencies (CBDCs), finding that 86% of central banks worldwide are exploring the benefits and drawbacks of …
Read More »The Evolution of Credit Scoring
Traditional financial institutions have worked tirelessly to develop their own unique methodologies for assessing the creditworthiness of clients, typically relying on data collected from private credit bureaus. While the ultimate …
Read More »Central Banks’ Rising Interest in Blockchain Technology
MINDSMITH, a technology think tank, recently carried out a semantic analysis of publications from 191 central banks around the world. Interestingly, they found that 74% of the world’s central banks …
Read More »The 2 Biggest AI Trends Right Now
Artificial intelligence (AI) is starting to deliver on its potential, with its benefits for businesses really shining amid the pandemic. For example, chatbots have helped answer a flood of pandemic-related …
Read More »2021 Predictions
2020 was a difficult year. At the same time, it did facilitate extraordinary progress in digital transformation. Against this backdrop, here are some of the biggest predictions for 2021: Companies …
Read More »The Importance of FinTechs in Post-Pandemic World
The COVID-19 pandemic has fundamentally changed the way we interact and conduct business. And, although many FinTechs initially struggled with the onset of COVID-19 (due to increasingly limited access to …
Read More »Top digital banking transformation trends for 2021
Every financial institution that wants to remain relevant in the future must embrace digital banking transformation trends, especially these 7 that are expected to dominate 2021: Increased focus on digital …
Read More »6 most important tech trends heading into 2021
The COVID-19 pandemic has driven technology innovation and adoption in amazing ways, bringing the future one step closer to the now. Here are the top 6 technology trends that many …
Read More »