How RFID Technology is Applied in Banks and Financial Institutions

Leave a Comment / Biometric Authentication, Biometric Recognition, Customer Experience, Fintech, RFID / By

Banks and financial institutions offer tremendous value and convenience to their end-users. However, they are notorious for being prone to fraudulent attacks such as credit card identity theft. A lot has been done in adding layers of security to a person’s banking experience. Whether it’s two-factor authentication or OTP protected transactions, banks and financial institutions …

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How Fintech Startups Spur Financial Inclusion

Leave a Comment / Big Data, Big Data Analysis, Crowdfunding, Data Security, Digital Payment, Financial Inclusion, Fintech, Fundraising, Geolocation, Sustainable Finance / By

With the unemployment rate going up, billions of people still under the poverty line, and the mass majority still poorly-informed about financial services and products, the need for financial inclusion is high. Financial inclusion serves as a gateway for everyone to make secure transactions and get access to essential financial obligations such as savings, credit …

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Five Digital Payment Trends for Next Decade

Leave a Comment / Bitcoin, Cryptocurrency, Data Security, Digital Payment, Digital Wallet, Fintech, Mobile Payment, Online Payment, Pay2Go / By

The next decade marks an incredibly important time for the digital payment industry. We are looking at not just remodelling of the current digital payment system but also a massive wave of advanced digitization and a heightened focus on digital payment experience. Online payment systems, cryptocurrency, improved fraud prevention, and more will be the prime …

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Exploring Top Five Technologies that Transform the Financial Services Industry

Leave a Comment / Artificial Intelligence, Biometric Recognition, Blockchain, Cloud Computing, Cryptocurrency, Fintech, Machine Learning, RFID / By

Since their establishment, legacy financial institutions and their methods have fared very well. However, with the evolution of technology and the adoption of digital transformation, the financial services industry has come a long way. When technology was fused with finance, the change was considered revolutionary enough.  New technologies like Cloud computing, Blockchain technology, Machine learning, …

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How Banks and Fintech Enterprises Benefit from Open API

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Open APIs or Application Programming Interface have become a revolutionary technology in a very little time. Used in numerous industries, open APIs have now also found their way into the banking and fintech industry. In terms of its application in the banking and fintech domain, it is a way for a banking application to use …

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How Fintech Reshapes Customer Experiences

Leave a Comment / AI Application, Artificial Intelligence, Bitcoin, Blockchain, Cryptocurrency, Customer Experience, Data Analysis, Fintech, Mobile Payment / By

New innovations in fintech have enabled businesses and fintech startups to serve customers in novel ways. Banks, financial institutions, fintech startups and businesses have utilized fintech namely Artificial Intelligence (AI) predictive analytics, blockchain, cryptocurrency, mobile payment and social data analytics to provide superior customer experiences (CX). As customers are businesses’ primary source of profits, market value, …

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Explore Five Applications of FinTech for Businesses

Leave a Comment / Biometric Recognition, Blockchain Fintech, Crowdfunding, Digital Payment, Fintech, Mobile Banking, Mobile Payment, Peer-to-Peer Lending / By

Financial technology, or FinTech for short, is one of the most exciting and fastest-growing areas in global business today. Fintech is beginning to disrupt the financial world. The financial industry is now more focused than ever on technological innovation than at any other time.  Blockchain, Artificial Intelligence (AI) and Machine Learning are some of the …

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