Post-Coronavirus Business Landscape: Fintech and Finance-Related Domains

We keep hearing about the economical crisis, but, funny enough, the financial ecosystem doesn’t seem to be suffering that much. Fintech companies are experiencing an unexpected boom in terms of using their applications and getting big-time financial aids from governments of the UK and the USA. At the same time, some of the representatives of … Continued

Digital Transformation in Banking: Challenger Banks & Neobanks

Innovations irrevocably change the face of every industry, requiring businesses to adapt to new environments. Expressly in banking & finance, the modification resulted from the implementation of innovative techs has picked up dramatic speed. In recent years, it resulted in the emergence of a brand-new breed of banks focused on providing digital services — challenger … Continued

How FinTech Makes Traditional Banking a Better Place for Humans

Online banking, mobile money transfer applications, cryptocurrency - these new ways to carry out customary banking operations and financial services made all the possible headlines in 2018. However, the question is how to find the right angle to observe what’s going on without bias. For instance, are we witnessing the death of the traditional banking … Continued

Fintech Key Takeaways from 2018

Without a doubt, 2018 was a year to remember for the fintech industry. Venture capital companies invested billions of dollars into this sector, hoping that they can a solid gain market share from the variety of financial institutions with their offers of modern digital financial services. So let’s start with the main number: in 2018, … Continued

STOs and New Token Models Are Gaining Momentum in 2019

How would one describe the impressions of the previous year within the realms of cryptocurrency universe? Well, if an analogy is enough, I’ll go with this one: 2018 was a roller-coaster ride for the community. I mean, literally. In spring and early summer, things looked quite promising, but the sudden and growing decline of digital … Continued

The State of AI in Banking and Financial Startups

1 trillion American dollars - does it sound impressive? Sure it does, and that’s the amount of money that financial analysts expect from artificial intelligence to save for the banking domain by 2030. Sure enough, these predictions aren’t worth a thing if bank clients aren’t satisfied with the level of AI customer service. As a … Continued

How Can AI Change The State of Cybersecurity

According to Wikipedia, financial crimes are “crimes against property, involving the unlawful conversion of the ownership of property (belonging to one person) to one's own personal use and benefit”. In the Internet age, financial crimes are often associated with cybercrime. Globally, this type of criminal activity is regarded as a major concern, and fighting cybercrime … Continued

Smart vs. Ricardian Contracts: What’s the Difference?

We continue to explore the world of the blockchain, and one of the conspicuous notions in this field is called “a smart contract”. In this article, we’re going to find out what the difference between a smart and a Ricardian contract is. However, before diving into the details, let’s answer two simple yet legitimate questions: … Continued

Chatbots: the Future of Digital Banking

Let’s start with myth-busting, shall we? AI-powered chatbots aren’t solely used for communication purposes. It would be fair to begin with this statement as, contrary to popular belief, bots are bigger than they may seem to the general public. In fact, more and more financial institutions are starting to consider them as customer-facing tools in … Continued

Central Banking and Fintech: Points of Contact

Last year saw new technologies and innovations taking the mainstream stage globally. Just remember what was on TV, social media or set the topic of your small talk at the office - the rise of technology served as the main headline and outcome of 2017. Its impact on society and the way we interact with … Continued