Important Fintech Trends to Watch Out for in 2023
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...
Common Cryptocurrency Scams and How to Spot and Avoid Them
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...
How Fintech Companies Can Weather the Current Economic Climate
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...
Biden Administration Takes Step Forward on Central Bank Digital Currency
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...
