Regulatory technology, known as regtech, is advancing swiftly, fueled largely by artificial intelligence (AI). As financial entities grapple with rising compliance costs, AI has come to the forefront as a solution to streamline and enhance regulatory management. The complexity of today's
The wearable payment device market is poised for remarkable growth, with forecasts indicating it could reach a staggering $225 billion by 2033. This potential growth is fueled by an increasing demand for advanced gadgets such as smartwatches, fitness bands, and wristbands capable of conducting
In a move that merges the worlds of convenience, technology, and finance, Airtel Payments Bank has joined forces with wearable tech leader Noise and finance titan Mastercard to unveil a cutting-edge smartwatch. This device is poised to revolutionize contactless payment methods, allowing users to
The US financial ecosystem is experiencing a radical change with the rollout of the FedNow service by the Federal Reserve System. This innovative real-time gross settlement (RTGS) service links nearly 9,000 financial entities to facilitate immediate, nationwide payments, revolutionizing
In a world where digital convenience is paramount, cookies play a fundamental role in streamlining our online experiences. These tiny data packets, stored on our devices, hold the key to effortlessly navigating the digital landscape, presenting personalized content, and keeping our preferred
Financial technology, or FinTech, has emerged as a transformational force in the landscape of legal financial management. Traditionally, the legal sector's handling of finances has been characterized by manual processes fraught with inefficiency. However, the advent of FinTech has ushered in
Germany's Solarisbank, a prominent figure in the embedded finance industry, has achieved a new milestone with the closure of a significant Series D financing round, amassing €96 million. This injection of funds, championed by SBI Group and backed by the company's existing investors, s
The financial industry is undergoing a transformation with the rise of Banking-as-a-Service (BaaS), where traditional banking's stability meets fintech's nimbleness. BaaS, which operates through advanced application programming interfaces (APIs), is changing the financial landscape by
The finance sector is undergoing a transformation with the rise of Peer-to-Peer (P2P) lending, reshaping the landscape for both personal and business finance. This burgeoning sector leverages internet technology to offer unsecured loans, filling a gap for borrowers who might struggle with
As technology progresses and commerce evolves, it is essential to keep pace with advancements in financial tools for sustained competitiveness and efficiency. By 2031, the landscape of financial accounting software is expected to change significantly. Insights from Infinity Business Insights offer
