The insurance industry is always complained to be a slow adopter of new technology. Nevertheless, in recent years, there is a considerable shift in the industry towards using new technology. The use of Insurtech is an excellent example of the […]
In the age of digital progress, banking and financial services are no exception to the wave of innovation. Open Banking has emerged as a major catalyst for transformation in this space – enabling fintech companies to access customer banking data […]
The unbanked and the underbanked are those who either have no access or limited access to banking. Such people find it almost impossible to get access to financial services. This was a problem prevalent from long. Thanks to fintech, technology […]
Cryptocurrencies are trending, and the reason is the enhanced benefits if offers. Cryptocurrencies like bitcoin use blockchain technology, which is considered to be the future of payments. The use of blockchain and cryptocurrency is increasing with more and more businesses […]
AI is transforming various industries, and wealth management is no exception. With the development of AI-powered algorithms, financial firms can now offer more efficient and cost-effective services to their clients. AI-powered wealth management is changing the way financial advisors work, […]
Payment gateways are software applications which facilitate online transactions by encrypting and securely transmitting banking information between the merchant and the customer stated Bahaa Abdul Hussein. Understanding Online Business Online business, also known as e-commerce, refers to any business that […]