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First, there was open banking — a considerable step forward in democratizing the financial services industry. With third-party access to banking via application programming interfaces (APIs), consumer...
The previous year was one of great uncertainty. It exposed the vulnerabilities in society and fundamentally changed the way people did business. With many face-to-face services closed, the finance ind...
Although the global pandemic continues, glimmers of hope, in the form of vaccines, are appearing that promise the potential to get the world moving again. And this is fantastic news. But what will the...
In this text, you can find some analytics that may help reveal the sweet spots for business and investment on the world’s map in 2021. Certain regions and countries are friendly to innovation that hav...
The 2020s are the era of the cloud. Not only are more organizations moving their infrastructure to the cloud, but over 55% say they are using multiple public clouds, according to the 2020 IDG Cloud Co...
We live on tick and that’s OK. People want to buy a car, house or go to university right now. No one wants to wait years until the required amount accumulates. So, people take out loans to enjoy life ...
On the one hand, the Covid-19 pandemic has paralyzed much of our day-to-day lives, with billions experiencing its health effects directly or indirectly. Businesses have suffered, with one estimate thi...
Back in 2014, investment into financial technology tripled to a total of over $12 billion. Today, the digital transformation has infiltrated almost every part of the financial sector: from client onb...
Over the past few years, the financial world has been increasingly adopting smart solutions to cope with the industry's changing landscape. Artificial intelligence (AI) and machine learning (ML) have ...
Artificial intelligence and machine learning remain the hottest topic in the financial world for the past few years. By adopting smart solutions, companies get a huge competitive advantage to cope wit...
These days almost every lender or credit union needs to automate their credit-granting processes to meet customer needs. Hence they face a challenge - purchase of an off the shelf software or invest m...
A strong credit risk management system in combination with AI and ML technologies can not only mitigate financial risks but also level up the effectiveness of decision-making processes, increasing a c...