Reading Time: 5 minutes APIs have played a major role in digitizing the banking and financial sector at large. With the mere act of connecting platforms and services, making banks more accessible, and their information shareable with their partners, APIs have turned a closed industry like banking and finserv into an open and connected…
Reading Time: 5 minutes Fintech is one of the top 5 industries that have embraced Artificial Intelligence (AI) in its entirety. The financial industry was one of the first ones to have dabbled in the possibilities of integrating AI into operations and thus cut costs, add efficiency, and improve their existing strategies and policies….
Reading Time: 4 minutes For better or worse, the pandemic resulted in the “new normal” for individuals, communities, and businesses. Amidst all the adversity, industry-wide digital transformation has emerged as the better part of the post-Covid world. While many experienced digital transitions like work from home, telemedicine, remote education, etc. the impact of Digital…
Reading Time: 5 minutes The US fintech market is growing at an incredible pace. Research reports state that the industry is seeing an 8.6% cumulative average growth rate (CAGR) which is going to continue at the same rate until the year 2024. The way fintech has transformed the US financial sector has a huge…
Reading Time: 3 minutes Financial technology or FinTech can be broadly characterized as one of the ways to bring disruptive and transformative innovations in the field of financial services. These innovations are made through the emerging new technologies that address the customer requirements through automation. The year 2017 was a great year for the…
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