Fintech

The fintech industry is disrupting the traditional banking system by using innovative technology to provide more responsive customer service and meet customer expectations. Mobility, accessibility, and convenience have given the fintech industry an edge over legacy...

It was not too long ago that working from anywhere in the world, shopping for groceries at home, or using a phone to control your household appliances was a futuristic dream. Today, these technological advancements are common everyday experiences. Likewise, the way we...

The fintech sector is growing worldwide at a rapid pace. Entrepreneurs are taking advantage of this sector's opportunities to attract customers and disrupt the commercial and investment  banking industry. However, the fintech sector does not have robust AML &...

Embedded finance is a trend that is increasing in popularity as the banking landscape becomes more diverse and convenient. This trend in banking is becoming an integral part of many non-traditional financial services. It will continue to become a prominent trend in...

Changes in technology evolve at a rapid pace. Yet, the financial sector is slow at adapting to these changes. There are many reasons for this, but the main reason is that the financial industry already has an extensive technological infrastructure. As a result, any...

Electronic money, or e-money, has simplified our lives as the fintech industry develops new technologies to make purchasing goods and services more accessible. Suppose you want to offer payment services as an Electronic Money Institution (EMI) in Europe. In that case,...

By trying to keep pace with the latest technologies. This is how digital banks have moved forward in recent years and how they have continued to grow even in the face of the COVID-19 pandemic. And it's obvious that they will continue to grow, as each of us now...

In September of 2019, the Final Report of European Banking Authority Draft Guidelines put in new outsourcing guidelines for all credit, investment firms, payment, and electronic money institutions. These guidelines replace the previous guidelines issued by the...

The United Kingdom has been the European center for the fintech industry for the past several years. In 2020, the UK issued licenses to 52 Payment Institutions (PIs) and 38 Electronic Money Institutions (EMIs). There are also over 400 PIs conducting financial...