Grigorii Alekseev Software Development Engineer at Revolut
When it comes to backend development in the fintech sector, Java remains a popular choice due to its robust ecosystem and extensive library support. For professionals managing high-stakes financial systems, ensuring Java apps perform optimally is a fundamental task. These systems must handle large volumes of transactions swiftly and accurately to ...
05 August 2024 /inclusion Fintech
Saurabha Sahu Senior Solution Consultant at Wipro Limited
Any new technology advancement comes with benefits as well as challenges attached. Financial industry always maintains a follower strategy, accepting a NextGen solution. However, there are some non-impacting financial use cases which can influence customers in terms of behavior and sentiments through the current NextGen technology (Gen AI). In th
03 August 2024 /ai /inclusion Artificial Intelligence and Financial Services
Michael Zetser CEO at Flyfish
AI is setting new benchmarks in the global fintech sector, significantly enhancing how companies interact with customers and streamline operations. This surge in AI-driven innovation not only improves service delivery but also pushes the boundaries of what technology can achieve in financial services. In a saturated market, AI and blockchain provi...
01 August 2024 /regulation /inclusion Trends in Financial Services
Nikunj Gundaniya Product manager at Digipay.guru
International remittance services cater to a specific demographic with a need to send or receive money across borders. Integrating international remittance services into bank and financial institution infrastructure is no longer a choice but a strategic need to remain competitive in the industry. The global digital remittances market is projected...
30 July 2024 /inclusion The Payments Business
Joris Lochy Product Manager at Intix | Co-founder at Capilever
In recent years, the usage of physical cash (notes and coins) has been on a notable decline worldwide, with significant reductions projected for the near future. According to the "Global Payment Report 2014," cash usage in various countries is expected to see substantial drops by 2027 compared to 2019. For instance, India is anticipated ...
29 July 2024 /payments /inclusion Financial Supply Chain
Dmytro Spilka Director and Founder at Solvid, Coinprompter
With the generative AI boom in full swing, a future of automation in fintech is imminent. While this may be a cause for concern among employees, the reality is set to be far more collaborative. The artificial intelligence in fintech market is expected to reach a value of $17 billion in 2024. This figure is set to soar to $70.1 billion by 2033, rep...
29 July 2024 /ai /inclusion
Anna Antimiichuk Head of Communications at Corlytics
Money launderers are increasingly using cryptocurrencies to conceal the origins and movement of illegally obtained funds, according to the latest money laundering and cryptocurrency report from Chainalysis, a blockchain analysis firm. This pattern of increasing money laundering cases, also those that are driven by the widespread use of cryptocurr...
26 July 2024 /regulation /inclusion Blockchain in Banking and Financial Services
Abhishek Bhasin Head of Product at Uplinq Financial Technologies
The success of a small business depends on a healthy cash flow. Access to working capital is a much-needed lifeline for these businesses as they are constantly managing and juggling their cash flows. Paying bills, making payroll and filling orders while waiting for the client to pay the invoice is a day-to-day financial reality of these businesses...
23 July 2024 /ai /inclusion Artificial Intelligence and Financial Services
Taras Boyko Founder at BankBee
Buy Now, Pay Later (BNPL) is an emerging trend that has rapidly gained traction. It allows consumers to purchase goods and services immediately while deferring the payment over a series of instalments, often without interest or fees if payments are made on time. Source: stock.adobe.com by panuwat The growth trajectory of BNPL services is remark...
09 July 2024 /payments /inclusion BNPL
Ben Goldin Founder and CEO at Plumery
Small and medium-sized enterprises (SMEs) are undeniably a cornerstone of global economic growth and innovation. The International Labour Organization recently reported that in most OECD countries, SMEs contribute more than 50% of GDP, with some global estimates placing this figure as high as 70%. Despite their significant economic role, SMEs cont...
09 July 2024 /retail /inclusion Banking
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