It’s been just eight months since the largest supporter of tech startup funding, Silicon Valley Bank (SVB) collapsed, triggering the fall of crypto’s preferred institution, Signature Bank. In an industry plagued by inflation, mass layoffs, and recessionary conditions, what is the future of the
Mobile payment technologies have reshaped the way we handle financial transactions in today’s fast-paced, digitally connected world. These technologies have swiftly become an integral part of our daily lives, offering convenience, security, and efficiency that traditional payment methods can’t
Introduction The world of finance is undergoing a profound transformation, and at its heart lies the revolutionary concept of Decentralized Finance —commonly referred to as DeFi. DeFi represents a paradigm shift in the way the business world views traditional finance systems, offering a new and
The world of finance is undergoing a remarkable transformation, fueled by technological progress and innovation in the fintech sector. Consequently, financial institutions must adapt to remain competitive and meet the evolving demands of customers. McKinsey’s analysis has identified seven key
Financial fraud within institutions is a growing concern, as 80% more banks have been fined for money laundering, costing $10.4 billion. Regulatory technology (RegTech) has become a potential solution to minimize the threat of internal and external monetary fraud. These tools also enable automated
The financial sector is at a crossroads, with digitization and sustainability being the primary catalysts for the transformations in the market. In recent years, there has been a significant increase in green finance , as banks and non-banks adopt sustainable practices to appeal to eco-conscious
