FinTech Weekly Magazine
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5 Most Common Mistakes to Why Start-up Fintech Companies FailWith the latest statistics detailing that around 90% of all business startups fail, there’s no denying that there needs to be some kind of awareness as to what is going on and why these businesses are unable to find their footing. While this is happening in all industries, one of the most prevalent is the fintech industry.
Jan 3rd -
Why Fintech Startups will make a Revolution in the Banking IndustryGiven the developmental stagnation of traditional banking institutions in the past years due to their revenue generation and industry stability, both B2C and B2B sectors have started to look for new FinTech services to use. Whether you intend to build your own startup in the next several years or are looking for an industry to devote your time and resources into, FinTech startups and their presence in the banking industry might present you with the perfect opportunity.
Dec 9th -
6 reasons why Finance is important in today’s business?As the term suggests, finance is the available cash that makes an organization can use. Whether you want to start a business, or expand an existing one, add more pieces of equipment or develop new products, finance is the core of every business organization today. Liquid money is important to run the day to day operations for the organization. Right from the smallest spending to huge business expenses, finance is a must. Agree?
Dec 6th -
The cyber security landscape in financial servicesThe financial sector is fighting a constant battle, and not just for market supremacy. In fact, the most critical battle faced by today's financial institutions is the war to protect IT assets and safeguard customer data. In other words, the quest to ensure maximum cybersecurity.
Dec 3rd -
Competitors, regulators, and scammers: what threatens mobile banks?With the rise in availability and intuitiveness of smartphone devices, more and more people opt for mobile bank applications as their go-to financial solutions. While they may be user-friendly, convenient and available on the fly, these applications are also more vulnerable and prone to scammers, malware, and other cyber intrusions.
Dec 2nd -
Fintech is Adding Value to the Industry It Was Meant to DisruptWith some of the most impressive benefits packages and salaries in the world, it would seem ludicrous for financial industry executives to leave their jobs. Even so, it seems almost weekly the industry learns of another former bank or financial CEO that leaves their cushy post for the scrappy and hard life of the startup world. For non-executives, the trend is more pronounced.
Nov 26th -
The Brexit election and its impact on fintech and crypto in the UK“May you live in interesting times”. It’s a common expression, purported to be an old Chinese curse, that wishes trouble and strife in the recipient’s life. Cut to the UK and Brexit. There is trouble and strife on an unprecedented scale. “Do or die” said UK Prime Minister Boris Johnson about leaving the EU on 31 October. That date has passed. The Prime Minister is still alive, and so is Brexit.
Nov 18th -
5 Ways in which FinTech Changes the Way Banks OperateThe amount of articles about the impact of Artificial Intelligence in the financial and banking industries continues to increase amid strong attention from major players, and for a good reason. AI has a number of use cases that banks and other financial institutions can benefit from, ranging from banking chatbots to smart contracts.
Nov 15th -
Top 8 Ways Banks Benefit From Blockchain TechBlockchain is one of the most used technologies in fintech, and also banks can benefit from this technology. Discover more with FinTech Weekly.
Oct 23rd -
Jamie Dimon's Words Ring True as Silicon Valley Startups Take on the Big BanksIn a letter to shareholders penned back 2014, Jamie Dimon, CEO of U.S. banking giant JPMorgan Chase, wrote of Silicon Valley tech startups: "They all want to eat our lunch, every single one of them is going to try and a lot of them will succeed."
Oct 10th -
6 Fintech Startups That are Worth WatchingWith traditional banks and financial systems on their last legs in terms of innovation andaccessibility, financial technology (fintech) startups have become a focal point of theindustry. Whether you are a financial expert, an accounting specialist or work in a fintechstartup yourself, there’s no denying that the industry is on a continuous upward trend.
Oct 9th -
Contrary to Popular Belief - Theranos Fraud Holds No Lessons for ICO’s, But why they should still be wearyOnce the darling of Silicon Valley, Theranos CEO Elizabeth Holmes convinced investors that she could accomplish the (currently) impossible. With Steve Jobsian style, dress and a sharp wit investors wanted to desperately to believe.
Apr 26th -
Real Estate Meets Blockchain – Why The Real Estate Market is Prime for a Crypto DisruptionThe debate about which is the best type of investment is as old as investing itself. While no market is “crash-proof,” real estate is traditionally viewed as one of the best and safest (if not the safest) investment options available, for several reasons.
Apr 9th -
An Untraceable Currency? Bitcoin Privacy ConcernsBitcoin is often portrayed as an untraceable method of payment that facilitates illicit activities by enabling criminals to make and receive payments without being tracked. This depiction implies that users transacting in Bitcoin can do so completely anonymously — that their identities will not be exposed. However, that is not necessarily the case. While Bitcoin offers increased privacy compared to traditional payment methods involving a third-party intermediary such as a credit card provider, it is still not as anonymous as a cash transaction. In fact, there are many ways a person’s identity could potentially be exposed in Bitcoin transactions.
Apr 7th -
Payments: from Cashless to CardlessConserving plastic with digital control over Debit & Credit cards
Apr 5th