by BillMalloy | Oct 29, 2024 | Uncategorized
Financial institutions pursuing innovation will remain competitive and gain an information advantage, delivering timely, affordable, and practical opportunities. Even though a typical interaction between the bank and a customer ends after leaving the branch or signing...
by BillMalloy | Sep 18, 2024 | Blockchain, Cryptocurrency, Finance
As more major financial institutions venture into the crypto space, they are growing increasingly vigilant about addressing potential challenges related to security and transparency to safeguard their clients and assets effectively. Tokenization, which refers to...
by BillMalloy | Feb 29, 2024 | Finance, Fintech
The advent of financial technology, or fintech, has opened up a whole new space for individuals and institutions seeking alternate forms of finance. Unfortunately, traditional banking institutions are frequently out of touch with their financial services. Often, they...
by BillMalloy | Feb 5, 2024 | Finance
It has taken a long time for sustainability to become a priority for governments, major businesses, and financial institutions. During the 2022 United National Climate Change Conference, several major banks presented interim targets for their oil and gas...
by BillMalloy | Feb 5, 2024 | Blockchain, Cryptocurrency
Since the middle of 2020, the crypto market has experienced a substantial downturn. The COVID-19 pandemic kicked off the crypto market’s slump. Throughout 2021, Bitcoin faced an extremely volatile market, falling nearly 50 percent between April and July before...
by BillMalloy | Nov 14, 2023 | Finance
Undeniably, fintech has helped improve user experiences, streamline processes, and enhance financial inclusion. According to Research and Markets, the global fintech market will grow at a compound annual growth rate of 23.58 percent between 2021 and 2025, with...
by BillMalloy | Nov 14, 2023 | Fintech
According to Vantage Market Research, the financial technology (fintech) industry is expanding rapidly, with its global revenue expected to increase from $112.5 billion in 2021 to $332.5 billion in 2028. Fintech refers to the application of new technologies in...
by BillMalloy | Jan 30, 2023 | Cryptocurrency
According to the Federal Trade Commission, over $1 billion has been stolen by cryptocurrency scammers since 2021. In February 2022 alone, the decentralized finance platform Wormhole fought a major cyber attack and lost $325 million. Unlike digital currency, which the...
by BillMalloy | Nov 15, 2022 | Uncategorized
Investment in fintech has grown exponentially in recent years, enabling companies and end-users to access affordable, convenient, and modern financial services. According to a bi-annual report published by KPMG, global fintech funding in 2021 reached $210 billion...
by BillMalloy | Oct 17, 2022 | Fintech
Though the cryptocurrency market is currently in the red, the concept of a cashless society enabled by digital currency has true staying power and exciting implications. Governments around the world are in various stages of studying and implementing central bank...