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Fintech News
Thoughts of bankers on the future of fintech
In a fresh report about the UK banking industry and its future, FinTech companies were identified as number one potential threats to the conventional banking institutions. The main actors of…
Has FinTech conquered the UK?
Despite the fact that in the UK paper money and coins are still widely used, the society seems to be actively moving towards a cashless future. Moreover, a 2017 Telegraph…
The age of digitalization is taking traditional banking to a new level
Unlike some years ago, today, you will rarely find someone who does not believe in the benefits of bank digitalization and the upgrades it can bring to conventional customer experience.…
White Label Banking Potential for FinTechs: A Successful Business Model
FinTech start-ups that want to enter the market with new aps and online services face a big struggle of lengthy license obtaining process at the beginning of their existence. At…
Biometrics: Why Might Passwords Soon Vanish from the World of Banking?
GlobalData has issued a statement in relation to the potential of biometrics to replace passwords in the banking sphere in the nearest future. This was accepted quite seriously by industry’s…
The Role of Artificial Intelligence (AI) in Banking
Artificial intelligence (AI) is one among the rapidly advancing technological innovations that has a potential to contribute to a digital transformation of the financial services industry through cutting costs, elevating…