FinTech

The consumer financial system has an important role to play in achieve complex global goals such as ending poverty, abolishing hunger, moving to renewable energy and reducing inequality since the …

Artificial intelligence (AI) is starting to change the world of retirement planning, with robo-advisors emerging as one of the hottest trends in this field. Robo-advisors are online services that use …

Millennials represent a drastically different generation than baby boomers or gen-Xers, one that has adapted to a broader range of resources and a much more connected world. Building a millennial-friendly …

The use of FinTech in China is highlighting both the good and the bad of lending in the world’s second-largest economy. On the good side, FinTech is being used in …

Bitcoin is the world’s first and largest cryptocurrency and is becoming more and more popular. To generate Bitcoins, a “mining” process takes place in which computers perform millions of calculations …

Futurists like to talk about how the future will be cashless and how FinTech is ushering in this new age of digital currencies, contactless payments, prepaid debit cards and mobile …

FinTechs have traditionally worked to provide financial services to the unbanked and underbanked. This is especially important today with the increase in the number of refugees and immigrants. Perhaps the …

For many around the world (especially those in rural areas), access to financial services represents a major problem; however, FinTech is bridging that gap and helping more and more consumers …

The Immigration Service of Finland has begun providing refugees with prepaid Mastercards rather than cash, allowing refugees to enter the blockchain-based system of unique digital identification information. This serves to …

The Russian economy is moving into a new period of low interest rates, with mortgage rates dropping below 10% and expected to reach below 8% by 2024. Such low interest …

Denmark is planning to use a cryptocurrency to provide humanitarian assistance, the first such instance of a donor state using blockchain technology for humanitarian efforts. To this end, a report …

Equity Group Holdings Ltd.’s FinTech Unit is in discussions with six Ethiopian banks to collaborate on cross-border mobile payments and e-commerce. The company, acting via its wholly-owned subsidiary Finserve Africa …

Although there have been many exciting advancements to further financial inclusion in the Arab world in the last 15-20 years, 60% of the adult population in the region’s developing countries …

Many countries are switching to a digital economy as a way to better fight shadow businesses and crime, increase control over flows of money and reduce the responsibilities that come …

There is a large unbanked population in Africa that does not use formal banks or semiformal microfinance institutions. This has provided an opportunity for MyBucks to step in and fill …

Investments in underfunded space, especially for SME lending, are important for increasing financial inclusion. And managing director of Creditease’s FinTech Value Chain Fund, Anju Patwardhan, understands this. For that reason, …

Kyrgyzstan has traditionally been a cash-based society, with many preferring the comfort of the familiar paper currency to digital alternatives. In fact, many Kyrgyzstanis are reluctant to use cards, mostly …

Converse Bank will support several FinTech startups that participated at the ‘Sevan Startup Summit 2018’. The bank will prioritize innovative thinking and the introduction of novel approaches in the economy. …

Following a presidential decree on introducing a special management system for the city of Tashkent, residents of Tashkent will have the opportunity to decide how to spend city funds by …

The company Click has partnered with charitable organization Waqf to provide Muslims the opportunity to make religious-based payments via the internet and cellular communication devices, meaning that Muslim users can …