Security automation solutions and threat hunting capabilities can secure enterprise infrastructure by gaining context and insights to enable faster detection and response.
Fintech companies have been disrupting many areas of financial services, including banking, online transactions and accountancy. The mobile nature of the Fintech sector has eradicated the limits previously placed by physical locations, allowing users to manage finances from anywhere.
Fintechs across the globe expanded, reported growth and showed resiliency, particularly in emerging markets, in 2020, delivering a stronger performance in general compared to 2019, according to a December joint study by the World Bank, the Cambridge Centre for Alternative Finance at the University of Cambridge’s Judge Business School, and the World Economic Forum.
There are several key trends in retail investing today driven in part by a demographic shift as millennials start to invest
Fitch Ratings-Shanghai/Taipei-18 April 2021: Fintech continues to grow in China due to a favourable environment fostered by wide use of mobile devices and the internet, a strong digital payment ecosystem, and the government’s promotion of technological and financial innovation to support economic growth. The size of the addressable market also allows for scale benefits to be achieved over a short period, says Fitch Ratings.
In a press release, Paul Behrmann, CEO, and founder of Payflex says the investment and support by Zip Co is a vote of confidence in local fintech innovation and the market opportunities inherent in South Africa.
The 2020s are the era of the cloud. Not only are more organizations moving their infrastructure to the cloud, but over 55% say they are using multiple public clouds, according to the 2020 IDG Cloud Computing Study
With recently resurgent technology stocks heading up the market’s gains, the S&P 500 nabbed a new closing high on Thursday as investor sentiment hit its most bullish level in more than three years, a sign Wall Street may be getting over its concerns that rising interest rates might tank the market.
In this article we are going to discuss the top 10 best fintech companies and stocks in 2021. You can skip our detailed analysis of the trends in the fintech space and jump to the Top 5 Fintech Companies and Stocks in 2021.
“With a focus on data security delivered with IBM’s confidential computing and sophisticated encryption capabilities, we aim to reduce risk in the supply chain for banks, insurers and other financial services industry players, and at the same time accelerating the time by which they can drive and consume innovation,” explained Howard Boville, Head of IBM Hybrid Cloud Platform.
The UK FinTech sector received a record investment of £3 billion in 2020, making the UK the second largest FinTech market globally, following the US.
The UK fintech sector’s eagerly awaited Fintech Strategic Review, also known as the Kalifa Review, was recently released and its recommendations – taken together – certainly cannot be criticised for a lack of ambition. Ron Kalifa OBE was asked to conduct the independent review to identify priority areas to support growth and widespread adoption of UK fintech and to help maintain the UK’s global fintech reputation.
Joining multiple other Asian countries, the Bank of Japan (BoJ) on Monday kickstarted its central bank digital currency (CBDC) trials, with an aim to explore the technical feasibility of a digital yen in its first phase Proof of Concept (PoC) which will last for a year to March 2022. Although it is undecided if the central bank wants to proceed with a CBDC, Asian countries are so far leading in terms of developing and experimenting with forms of national digital currencies.
Simple is shutting down, and there aren’t really any great alternatives out there in the US. But what about the other side of the pond? Europe is a hub for financial technology (fintech) startups and some of the innovative new banks are looking to expand their business to the US (some already have).
FinTech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes.