The financial technology field is rapidly expanding, but remains in flux and continues to be unpredictable. Fintech’s use of AI, algorithms, and modern technologies can transform traditional banking, but still faces some resistance. Some fintech companies are finding billion-dollar markets in the gaps left by outmoded banking services. Nevertheless, there are still
A recent Cowen survey reveals that businesses are showing increased adoption of cloud computing. Leaders Amazon Web Services (AWS) and Microsoft Azure also continue to control majority of the public cloud market. Organizations are also looking to benefit from increased cloud adoption. Design software giant Adobe’s Q2 earnings report showed 27 percent growth. Its cloud-based services continue
The rise of financial technology and digital payment solutions is helping the world go cashless. Cashless payment methods now cover a wide range of technologies – there are physical cards, online gateways, mobile apps, and digital wallets. Blockchain-enabled payments and cryptocurrencies are also on the rise. Methods are enjoying varying
One of the great things about running a startup is that you’re working with a clean slate. If you have worked with a different organization before, you may have had issues with culture and people that you probably don’t want happening with your own company. Existing organizations, especially the established
Fintech is becoming an increasingly competitive market. A KPMG analysis saw investments decline in 2016 and investors are now more cautious about betting on segments that are becoming saturated. Lending and payments are two segments that saw increased participation over the past two years. Competitors come in all forms. We
As your business succeeds, there will come a point when you have to expand your market. A research by Accenture predicts that B2C ecommerce will reach $3.4 trillion globally as more people around the globe prefer purchasing online. Forrester also expects more B2B purchases to shift online as well. Because
Data-driven businesses are five times more likely to make faster decisions than their market peers, and twice as likely to land in the top quartile of financial performance within their industries. Business Intelligence, previously known as data mining combined with analytical processing and reporting, is changing how organizations move forward.