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Fintech News
Merging artificial intelligence and fintech for revolutionary results
The boom of developments in the sector of artificial intelligence (AI) has opened a variety of opportunities for FinTech companies worldwide. The latter include personalized wealth management, automated customer support,…
Collaboration as a driving force for FinTech companies
Many continue to consider FinTech companies to be threatening for traditional financial institutions. In reality, though, the percentage of customers that have shifted towards digital-only solutions does not indicate complete…
Artificial Intelligence (AI): the force transforming the banking industry
Today, Artificial Intelligence is one among the hot topics for discussion. Lives of consumers around the world are being affected by such developments as Siri, Alexa, chatbots and many others…
Banking as a Service and White Label Banking: Key concepts
One of the biggest figures in the world of FinTech, Chris Skinner, has issued the following statement which explains the concept of BaaS in comparison with Software as a Service…
Virtual Assets and ICO: What does the Bank of Lithuania say?
The Board of the Bank of Lithuania has updated its position on virtual assets and initial coin offering given the recent market developments and constantly changing regulatory framework. This was…
What does future hold for the Facebook Bank?
Just about a week ago, Facebook experienced global service outages of a scale that has not occurred throughout last 15 years. Strangely enough, the outages took place right after it…