Thursday, July 7, 2022
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Will AI eliminate most of our jobs
AI has the power to massively improve our lives. However, there’s still many people that believe AI could actually have a negative effect, due to issues surrounding job losses, criminal use, and ethical issues. Out of all of these concerns the biggest of them all amongst most people is job losses. So is the possibility of job losses a...
Hottest FinTech Services of 2019
Hottest FinTech Services of 2019 Fintech is big news. Reaching over US $55.3 billion in investments in 2019 and estimated to be worth an astonishing $4.7 trillion globally, the fintech economy is revolutionising the financial landscape. But which fintech services have stole the limelight and got us hot under the collar in 2019? Liquid As one of the new fintechs to join...
5 Wealthtech Businesses That Are Changing the Investing Landscape
The words “wealth” and “tech” have come together to make way for a new and revolutionary way of investing. Falling under the sub-category of Fintech, wealthtech focuses on utilising technology to help transform the wealth-management and investing process. From robo-advisors and micro-investing platforms to software providers, wealthtech covers a wide range of innovative investment solutions. The sector is currently booming....
Barclays Partnership With Fintech Flux Continues to Progress
Barclays Partnership With Fintech Flux Continues to Progress Barclays announced their investment into Flux early last year, a move that was considered to be one of strengthening their partnership. Flux, a London based fintech, mainly powers itemised digital receipts, built specifically for banks with merchants in mind. In a formal announcement it was announced that Flux powered digital receipts would...
What Is Open Banking
Let's Learn About Open Banking? Open Banking is generating a lot of discussions right now (and rightly so!), this is an area of finance that will completely change how we manage our money. But what exactly is 'Open Banking' and what does it mean for your money?  The History Behind Open Banking Firstly, let's clarify... Open Banking is where financial information is...
NFTs Impact on Fintech
The Actual Impact of NFT's on Fintech A non-fungible token, or NFT, is a unit of data linked to unique digital files on a blockchain. These tokens are commonly cryptographic assets, featuring recordings of live performances, music, or pieces of art. Records of NFTs traded across online digital markets are stored on the blockchain, in addition to transfers and bidding...
Could Fintech Kill the Financial Planning Industry?
Over the past decade, we've seen a rise in numerous automated investment tools hitting the market. Some of these solutions can deliver similar services that traditional financial advisors offer at a more affordable rate. The convenience and lower price point of these tools have resulted in some people making the switch. Charles Schwab estimates that robo-advisory services in American...
8topuz mobile app
The world is rapidly changing and with money no longer seeing a growth in banks, it’s important to keep an open mind when it comes to investments. Technological advancements are offering a new way to navigate the markets with European fintech company, 8topuz, flying the flag for AI-enhanced trading. Here’s an introduction to the 8topuz fintech AI Wealth System...
How Fintech Apps Make Impact Investing more Accessible
How Fintech Apps Make Impact Investing more Accessible If you’ve avoided investing because it’s too expensive or you don’t think you have enough money, fintech will change your answer fast. Today’s fintech apps make it easier than ever to invest whether you have only spare change or thousands of dollars to invest. In addition to removing the barriers to entry, fintech...
FCA Will Now Regulate the BNPL Sector
UK's FCA Will Now Regulate the BNPL Sector With the emergence of the Coronavirus pandemic, more and more people have come to depend on buy now pay later firms such as Klarna and Affirm. In 2020, the use of the buy now pay later industry has experienced exponential growth, as BNPL providers grow into multi-billion dollar contenders. As a result,...
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