Category: FinTech
Experts Predict 8 Biggest FinTech Trends For 2023
From tribe-based banking to embedded finance and everyday cryptocurrency payments, here’s what to expect in the FinTech industry in the year ahead.. The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions, in a bid to make things faster, easier and, hopefully, more streamlined for both businesses…
Trojans targeting mobile banking reached all-time high first half of 2022
The majority of the population in developed countries has integrated mobile banking into their everyday lives surprisingly quickly and seamlessly. The adoption of mobile banking was successful because financial institutions and fintechs ensured that the applications were user-friendly, convenient, and extremely secure. However, since financial gains from finding loopholes in mobile banking applications…
The Pros and Cons of Forex Trading
The forex market is the world's largest and most liquid financial market. And it has an average global daily turnover of more than US $6.5 trillion. As a result, forex trading is one of the ways many people have attained financial freedom. However, it can be risky and complex, which is why many people believe…
NFT transactions to reach 40 Million globally by 2027
A new study from Juniper Research has found the global number of NFT (Non-fungible Token) transactions will rise from 24 million in 2022 to 40 million by 2027. This is based on its medium scenario for adoption, with brands leveraging the metaverse to boost digital growth. It cautioned that although NFTs present a new channel for growth,…
How charities are gearing up for the cashless society
Image: Give A Little When was the last time you gave any cash to a charity? Chances are it was probably a very long time ago now. The CAF’s 2021 UK Giving Report concluded that just 7% of donors used cash to give to charities in January 2021. The vast majority…
The Role Of Data Science Analytics In Fintech
Data science analytics is the process of analyzing data to derive meaning and gain insight about something, in this case, fintech. Data science analytics is a set of techniques derived from computer science, statistics and business intelligence that entails using models built on data to derive meaningful insights for different purposes. These are analytical applications…
Biometric mobile payments to reach $1.2 billion by 2027, claims research
A new study from Juniper Research has found that the value of biometrically authenticated remote mobile payments will reach $1.2 trillion globally by 2027, rising from $332 billion in 2022. These transactions use biometrics - typically facial and fingerprint recognition - to authenticate remote mobile payments. This growth of 365% is driven by recent regulatory changes,…
Is Forex Automated Trading Good in 2022?
As a hands-off investment method, forex automated trading utilizes powerful software and instruments. Forex transactions are executed on behalf of investors by a computer program that studies price trends, decides whether to buy or sell, and then executes the trades. Institutional FX traders have used automated trading robots for many years. Ordinary investors can now…
QR code payments to reach $3 Trillion by 2025, claims report
A new study from Juniper Research has predicted that the global spend using QR code payments will reach over $3 trillion by 2025; rising from $2.4 trillion in 2022. This growth of 25% will be driven by the increasing focus on improving the level of financial inclusion in developing regions and providing alternatives to established payment methods…
What Bitcoin Is and How to Buy It: The Ultimate Beginner’s Guide
What is Bitcoin? It is a question that many people have asked over the years. The answer is complicated, and depending on whom you ask, you will get a different answer. But, in general, it is a digital currency that lets you securely buy goods and services online and is changing the way we think…
