Top Fintech Trends: How Innovation Is Changing Financial Services
The financial world is going through a big change, largely brought about by rapid technological development. Fintech, or financial technology, is changing the way the three main sectors of the economy, i.e., individuals, businesses, and institutions, handle money. The whole gamut of fintech innovations, from digital payments to AI-powered lending, from blockchain-based systems to embedded…
Neobanks Explained: The Future of Banking without Branches
The finance world has been changing, and one of the most interesting changes is how we do banking, spearheaded by neobanks or digital-only banks that are turning some of our old assumptions about what a bank is on its head. These innovative banks don’t even have to maintain brick-and-mortar locations, so they’re able to provide customers…
What is Fintech: A Comprehensive Guide
The term Fintech means financial technology. So what does that mean? Fintech uses technology to help individuals manage finances, from online shopping, loans, and investing to digital wallets. Fintech is changing how people think about and use money. It’s making financial services easier to use, faster, and often cheaper for everyone. This guide will break…