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
As the world moves toward a cashless future, the FinTech sector is rapidly expanding. It’s changing the way we bank, shop, and invest. At the 2022 FinTech Festival Singapore , financial experts from across the world discussed how this transition will impact the sector and the opportunities it will
FinTech companies are attracting a lot of interest from investors these days. This is because these companies have numerous advantages over traditional financial institutions. Players like PayPal, Square, and Stripe have made it easy for people to do their banking without ever having to leave their
