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Digital payments are a convenient and secure way to conduct transactions. With the rapid advancements in information technology, they have radically influenced the entire FinTech industry. Nowadays, t...
Insurance is one of the industries actively introducing technology into its processes. In 2021, 59% of insurance firms increased their investment in innovation to show customers new and better ways t...
Nowadays, banking apps are widely used not only by professionals. Leading banks cooperate with experienced fintech software development companies to create efficient banking solutions that will meet t...
The new digital reality is rapidly and irrevocably changing our lives. The impact of digital technology on civilization can only be compared with the appearance of fire when it became clear from the f...
Application Programming Interfaces are an integral part of the emerging digital space. Without them, benefiting from many of today’s habitual financial services would be at least difficult if not impo...
The emergence of non-fungible tokens (NFTs) on the market marked a new milestone in the digital world. Based on blockchain, NFTs have become a unique form of asset that has attracted the interest of l...
The COVID-19 pandemic forced people who were left without work to think about prudent financial management and the importance of savings. A PWC study found that 55-62% of Gen Xers and millennials do n...
20 years ago, one bank was enough for our parents to manage money transactions, from savings to insurance. The situation changed dramatically when there emerged more financial companies and competitio...
AI in the financial technology market Artificial intelligence has become a promising technology for enterprises from various sectors of the economy. Financial companies are pioneers and leaders in thi...
The pandemic provoked a crisis in many industries, including FinTech. Due to quarantine measures, banks, credit institutions, and insurance companies had to close their branches temporarily. Despite t...
The pandemic has forced 33% of Americans to use money from savings and retirement accounts to pay rent and other expenses. About 250 million people around the world have lost their jobs due to lockdow...
Online banking has changed the model of customer interaction with financial institutions. The American Bankers Association has found that people are more likely to manage money through smartphones (3...