Eugene Rudenko Marketing manager at Aetsoft
Imagine a financial ecosystem where individuals bypass traditional institutions and directly connect with each other to borrow and lend money. This is the core concept of peer-to-peer (P2P) lending platforms, a rapidly evolving space transforming the lending landscape. What is a P2P Lending Platform? Think of a P2P platform as an online marketplac...
05 February 2024 /payments Fintech
Decentralized Finance (DeFi) has emerged as a groundbreaking trend within the cryptocurrency space, revolutionizing traditional financial systems. Among the many exciting concepts in DeFi, staking has gained significant popularity. DeFi staking offers participants an opportunity to earn passive income while actively contributing to the security an...
07 August 2023 /crypto DeFi
In the span of ten years blockchain has grown from a doubted cryptocurrency-focused technology into a secure, widely used method of business process automation. A decentralized ledger allows to perform operations and maintain system privacy at a lower cost due to all data distributed and stored on working stations within the blockchain unlike tra
05 May 2021 /retail /predictions Blockchain in Banking and Financial Services
Among the lending firms that fall victim to hacker attacks, mid-large ones surprisingly become the primary targets. LexisNexis reports that only last year, 2,000 mid-large financial services firms and over 1,500 loan vendors suffered from hackers each month. For smaller companies, the figures are more modest: 1,000 and 640 monthly attacks, respect...
06 August 2020 /security /payments Trends in Financial Services
In the face of the worsened economic situation conditioned by the pandemic, many fintech companies now reconsider their processes. A particular focus is put towards more practical approaches in areas where the outbreak hit the most. The first two actions every reasonable business owner should take are to elaborate the current crisis management plan...
02 July 2020 /wealth /covid-19 Financial Risk Management
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