A primer on new Fintech

A primer on new Fintech

The pioneers and early adopters of new technology have historically predicted the demise of the older market leaders. While some old companies crumble in the face of new technology, the smart ones adapt and work new technology concepts into their business models.

What you see in the financial sector today follows that pattern. Banks, lenders, investment firms and others are realizing that concepts such as cyber currency, non-fungible tokens and remote access offer real business opportunities. Those who don’t may want to avoid long-term office leases.

Fintech offers new challenges to go along with these opportunities. Tomorrow’s financial firms must be flexible but reliable; they face new regulatory challenges and are expected to be accessible and inclusive.

This quick study presents a collection of InformationWeek articles focused on fintech and the role of technology concepts that were unheard of a decade ago. It gives an insight into what fintechs are doing with new technologies and how these technologies are preparing businesses for the future.

The State of Fintech

Can regulators and Fintech find the right formula for innovation?

Speakers at the LendIt Fintech USA conference discuss how regulators and fintech innovators can work together and support innovation.

NEW Fintech Week: Crypto regulation, fraud and venture capital

Speakers at the Empire Fintech Conference discussed regulation and cryptocurrency, fraud protection, and where VCs are investing in fintech.

New opportunities for Fintech

Crypto and NFT: A new digital footprint for companies?

See also  Crypto crash – Is the bottom in and what will the future of crypto hold?

What awaits institutions that want their part of a decentralized financial system built on the blockchain? Experts offer their perspectives on some of the risks, liabilities and potential rewards that may surface.

Fintech’s future through the eyes of CES

The consumer technology fair examined developments in fintech from increasing financial inclusion to riding the cryptocurrency wave.

Blockchain Report Card: What Does It Mean for Businesses Now?

Cryptocurrency, NFTs and smart contracts are staples of the blockchain scene, but is there anything more organizations can benefit from here? Some technological concepts beyond currency show promise in the financial realm.

LendingClub CEO Discusses Building a Digital Marketplace Bank

A talk at the LendIt Fintech USA conference explored how the agility of fintech and the resilience of a bank can be combined. It gave an insight into what the future of fintech might look like.

Fintech Innovation Lab Demo Day: ESG, Crypto and Managing Risk

The latest batch of startups to graduate from the innovation program, which helps startups get off the ground, focuses on transparency, compliance and blockchain.

CBDCs strive to fulfill Diem’s ​​failed vision

Cryptocurrencies were once seen as a fad at best and a vehicle for money laundering at worst. Now, however, they are recognized as much more, and governments are exploring central bank digital currency, also known as CBDC.

The Metaverse: How to get your organization ready

Organizations will soon have three locations – physical, online and metaverse. Gartner says now is the time to start learning and planning to offer products and services in this new realm.

See also  Get fit and earn crypto with this new crypto startup - 10x potential in 2023?

Social responsibility and regulation

Going Green with Regulatory Tech for Financial Institutions

Financial institutions can make their own contribution to overcoming the challenges of climate change, according to Tata.

How fighting AI bias can make Fintech even more inclusive

Digitized assumptions, coded by very human creators, can introduce biases into new financial technology meant to be more accessible.

New York Fintech Week: Startups take aim at financial inclusion

The demo day hosted by the FinTech Sandbox reiterated the need for greater diversity among financial industry leaders and regulators’ focus on transparency.

US regulators move to understand crypto and explore guardrails

Federal institutions, armed with an executive order from the White House, are beginning to strategize to get their arms around digital assets like Bitcoin.

New core technology in action

How to prepare for new PCI DSS 4.0 requirements

With the new requirements set to start in March 2024, organizations should start preparing now – a multi-step process that will be felt across the organisation.

Fintech, Cloud and Bringing Machine Learning to the Edge

Executives from Current and Data Capital Management discuss how their financial services companies are leveraging machine learning and leveraging Google Cloud Platform’s resources.

How CINC is reducing attrition on its apps for real estate agents

Using user experience insights from FullStory gave CINC perspective on how to keep real estate professionals better connected to their clients.

FinTech tools, security concerns mainly for Gen-Z Banking

Banks and financial institutions are turning to data analytics and artificial intelligence to help Gen Z plan and use biometrics to ease their cybersecurity concerns.

See also  5 main factors why the fintech industry can profit from NFTs

Has blockchain and decentralized cloud made great strides?

There continues to be talk of such elements of Web 3.0 stirring up the cloud scene, but the impact so far may be limited to niche use cases.

Automated accounts payable gives the biotechnology company new efficiency

Adopting a system from Tipalti freed up man-hours and other resources as biotech company ImaginAb scaled up and adapted to pandemic issues.

A new era of digital finance for treasury teams

To get ahead (and stay ahead), treasury teams must innovate and adopt advanced systems and leading practices. Resilience is no longer optional in a post-pandemic world.

Chase CIO Gill Haus discusses recruiting, agility and automation

Chase CIO talks about how his bank is training its engineers to use the cloud, machine learning and other resources to adapt to consumer demand.

Technical modernization: How to start building a foundation

Technology modernization presents challenges for IT managers, but it is possible to minimize disruption, prepare the workforce and manage costs for optimal ROI.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *