The Fintech Impact: How Africa is Rising Through the Ranks in Financial Sector
October 31, 2022 The Fintech Impact: How Africa is Rising Through the Ranks in Financial Sector The financial industry is a dynamic realm constantly changing with the involvement of technology. Also, technology has made it easier for fintech to expand its wings to countries regardless of their geographic differences. Countries such as the United States, […]
What Lies Beyond the Cashless: 5 Digital Wallet Trends for 2023
October 10, 2022 What Lies Beyond the Cashless: 5 Digital Wallet Trends for 2023 The concept of payments has witnessed a tremendous transformation since the late 1990s when innovative payment methods began to appear. Cashless payments have evolved from cards to digital wallet solutions to fiat currency to cryptocurrency with each up-gradation in financial technology. […]
The Era of Neo Banking Disruption: LATAM Countries
October 3, 2022 The Era of Neo Banking Disruption: LATAM Countries Nearly half of the Latin America region is still unbanked because of the poor accessibility and concentration of the financial market. Just a few dominant banks hold almost all assets, investments, credit, and lending of LATAM countries, like Brazil, Mexico, and Colombia. Challenger banks […]
Evolution of Cross-border Payments: Today & Tomorrow
September 12, 2022 Evolution of Cross-border Payments: Today & Tomorrow Whether sending funds for the folks back home or international business contracts, the positive trend in cross-border commerce can be attributed to the evolution in methods of international remittances and payments. All merchants are involved in cross-border payment transfers, including B2B, P2B, B2P, and P2P. […]
Zeroing out Abandonment Rates for Fintech Apps
September 5, 2022 Zeroing out Abandonment Rates for Fintech Apps During the Covid-19 pandemic, the number of fintech transactions went through the roof thanks to digital payment solutions like e-wallets and credit card management apps. Today, tech-savvy smartphone users, especially millennials, have become dependent on mobile payment apps for all their bill payments and merchant […]
Micro-credit Solutions: A Promising Way Ahead for Developing Countries
August 29, 2022 Micro-credit Solutions: A Promising Way Ahead for Developing Countries “Micro-credit” also known as microfinance, is a financial service for people with limited access to banks. It can be used for small business loans, emergency loans, and student loans. Micro-credit lenders provide loans to small groups of people, predominantly in developing countries. There […]
8 Popular Use Cases That Extend Beyond Text-Based Chats
August 22, 2022 8 Popular Use Cases That Extend Beyond Text-Based Chats Over recent years, digital transformation in the banking industry has taken shape in leaps and bounds because of advancements in financial technology. Innovations in the digital core banking system have led to seamless integration of internet banking solutions for making a range of […]
Digital Core Banking Solutions: A Game Changer?
August 16, 2022 Digital Core Banking Solutions: A Game Changer? Competition in the banking industry is at a record high owing to the influx of Fintech companies, neo-banking, and challenger banks. This competition drives tremendous growth in implementing cloud-native and System-as-a-Service-based core banking solutions. Some banks leverage this transformation to offer optimized, targeted, and value-added […]