Financial technologies (fintech) and regulatory technologies (regtech) are beginning to see more use across the board, according to a recent survey from Thomson Reuters Regulatory Intelligence (TRRI). However, with their increased growth comes more attention from regulators — and if the experiences of large banks are any indication, financial industry institutions of all types and
New digital technologies like Big Data, Artificial Intelligence, Block Chain, Distributed Ledger Technology, Machine Learning, etc., are enabling rapid technological change for banks and financial institutions around the world. Fintech is one such dynamic industry that is expanding more quickly and has great promise for improving efficiency and cost-effectiveness in retail payment services, financial inclusion,
"Crypto winter" refers to a prolonged bear market in the cryptocurrency industry, characterised by a significant decrease in the prices of cryptocurrencies and a reduction in market capitalization. It is a period during which investor sentiment towards the cryptocurrency market is negative, and few people are interested in buying digital currencies. The term "crypto winter"
The past year, as the fintech industry is acutely aware, has not been without its challenges. From the continued COVID-19 global pandemic to whispers of a looming recession, and with mass layoffs to follow, the fintech industry has faced incredible uncertainty. Future of Fintech As we look ahead to 2023, we can’t help but anticipate
The simple and best definition of Blockchain technology is to think about it as electricity, you only see it’s applications but you understand how important it’s and know there are many applications and products that can run on it. But like any other technology it went through stages and evolved as it progressed and matured.
Out of the 100 unicorns in India, 21 are from Fintech. Next 100 unicorns, 31 are expected to be from fintech. Due to the Covid-19 outbreak and ensuing lockdowns, India has the largest percentage of fintech adopters in the world (87 per cent vs. 64 per cent globally). According to a NewsVoir analysis, the fintech
It’s not that they aren’t interested; it’s the culture of these fields and how they exclude women and girls... Only 20 percent of computer science and 22 percent of engineering undergraduate degrees in the U.S. go to women. Women are missing out on flexible, lucrative and high-status careers. Society is also missing out on the potential contributions they would
The NFT (Non-Fungible Token) is a relatively young technology that has, in the past year, demonstrated its potential, value, appeal, and staying power. The size of the NFT market exploded in 2021. The sharp upward trajectory that began last winter reached $10.7 billion in Q3, compared to $28 million in Q3 of 2020, and shows no sign
Alex and Grace are back to cover the biggest, boldest and baddest technology news. This is our Monday show, coming to you this week on a Tuesday as, hey, yesterday was a holiday for many American workers, in honor of Juneteenth. So, we’re doing our weekly kickoff one day later than usual. Here’s what we got into: READ
A wide-reaching, bipartisan crypto bill finally emerged Tuesday from U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), who are seeking to extend a comprehensive set of regulations across digital assets in the U.S. and have given industry lobbyists something meaty to debate. Their bill would liberate small-scale purchases of goods and services from the
