The COVID19 has forced economies to adapt to the new conditions of social distancing, and to quickly react to the problems which effects have been exacerbated by the pandemic, such as the lack of financial inclusion. This has led governments...
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The Global Market Insight recently released its market studies on the field of digital banking, concluding that the digital banking market reached a value of 8 trillion dollars by the end of 2019, and this value is expected to reach up to 12...
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Financial inclusion has been for years one of the most important objectives for international organizations and governments around the world. As of now, almost 40% of the global adult population lacks access to proper financial services. A higher...
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Recent studies by Deloitte and RBR have found that in 2020 there has been an increasingly high demand for online and digital banking applications. When compared to 2019, in 2020 the number of people who reported to use mobile or PC...
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The potential for innovation in the FinTech industry is endless. Each day, Fintech companies strive to create new faster, easier and more efficient ways for users to use and earn money. Although the recent advancements in financial technologies...
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Coupled with an overall bad year for the biggest banking companies in the market, a recent scandal involving some of the biggest banks in the world has recently hampered the confidence of investors within the industry. The involvement of many big...
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Recently, some of the biggest players in the banking service industry such as Citigroup and JPMorgan released their latest quarterly results and things did not look good, resulting on a significant drop in the value of their shares. Analysis have...
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The higher tendency of millennials to adopt new alternatives for banking and other financial services has been largely documented at this point. The vast majority of millennials have used or use FinTech services and applications on a regular...
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To no one is it a secret that the FinTech industry has been growing at an accelerated rate since its beginnings in the late 00s. Nevertheless, the hype surrounding distributed ledger technologies and digital currencies like bitcoin has...
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A new regulatory kit developed by a specialized team from the Commonwealth Secretariat is creating great prospects for the entire FinTech industry. The toolkit is created to provide technical guidelines for governments around the world to create...
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The Commonwealth Secretariat recently assembled a team to develop a regulatory toolkit providing the technical guidelines for governments to adopt proper and friendly regulations for Fintech companies to be able to establish themselves in a wide...
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It has been foretold since 2019, that in the event of a possible economic recession, the FinTech industry would be one of the few industries to benefit. This prediction has come true, as the one of the most daunting economic recessions in recent...
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