Posts in tag

Fintech


FinTech companies are posing a big threat to traditional banks and are set to replace them. They have gained immense popularity in a short period thanks to their flexible business practices, use of technology, and customer-focused services. Due to this, we are slowly seeing the market share of traditional banks slowly but surely decrease. Meanwhile, …

The global fintech industry has continued to grow in 2020 despite the Covid-19 pandemic. But with the continued rollout of Open Banking regulations, the UK’s imminent exit from the EU and ever-growing customer demand for innovative financial products, what will the next 12 months mean for the industry? Verdict spoke to seven industry experts to hear their …

One reason that cyberattacks continue to grow in recent years is that we never actually learn all that much about how they happen. Companies fear that reporting attacks will tarnish their public image, and even those who do report them don’t share many details because they worry that their competitors will gain insight into their …

Financial institutions that implement AI early have the most to gain from its use, but also face the largest risks. The often-opaque nature of AI decisions and related concerns of algorithmic bias, fiduciary duty, uncertainty, and more have left implementation of the most cutting-edge AI uses at a standstill. However, a newly released report from …