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Global Fintech YouLend Expands US$1bn Funding Capacity. FinTech Magazine connects the leading FinTech, Finserv, and Banking executives of the world's largest and fastest growing brands. Our platform serves as a digital hub for connecting industry leaders, covering a wide range of services including media and advertising, events, research ...
The Story of PayPal: The World's Most Valuable Fintech Firm
Jan 18, 2022 · PayPal's market value climbed to $49 billion on its first official day trading as a public company again, which far exceeded eBay's market value. In early 2022, the market cap of PayPal was around US$210bn. It was also featured as #1 in our Top 100 Fintech Companies list this year. ***. Discover the early history of PayPal, from humble ...
Digital banking transformation: Accelerating into 2024
Jan 5, 2024 · The financial and banking sector has undergone a significant digital transformation in 2023, driven by a focus on ESG commitments, macroeconomic uncertainty, a renewed focus on risk management and the rapid spread of automation. This transformation is expected to continue in 2024, with technology playing a leading role.
17 Fintech Trends You Should Know About: The Ultimate Guide
Nov 3, 2021 · 11) Artificial Intelligence (AI) and Machine Learning (ML) There is a wealth of research and use-cases when it comes to artificial intelligence in financial services. Applications include risk assessment, forecasting, data management, automation, and hundreds of other yet to be discovered use-cases. One notable development is robo-advisors ...
140+ Blockchain and Crypto Words: The Ultimate A-Z Glossary
Nov 23, 2021 · FUD: Fear, Uncertainty and Doubt; the acronym that was coined for cryptosphere discussions. FUDster: A person who spreads FUD (fear, uncertainty and doubt) about a specific coin or blockchain project, often for self-benefit. Futures: A contract to buy or sell an asset at a later date with the price agreed upon today.
Top 10: Digital Payment Platforms 2024 - FinTech Magazine
Apr 17, 2024 · 10. Cash App. Cash App is a P2P payment app that lets individuals quickly send, receive and invest money. The standout features of the platform include a cash card for physical purchases and Bitcoin trading, with a clean and intuitive interface for user experience, backed by PIN protection and encryption for security measures, offering free ...
E-Wallets: The Evolution of Payments | FinTech Magazine
Apr 25, 2023 · A research report by CBS Insights predicts that the trend for e-wallets and super apps will see the market increase in value, from a conservative US$1tn, to $7tn by 2027. Many reputable studies show that, by 2024, a third of the world’s population will be using digital wallets. Not only that, but these e-wallets will merge with the super app ...
Top 10: Digital Wallets - FinTech Magazine
May 1, 2024 · 2. Google Pay. Google Pay. Formerly Google Wallet and Android Pay, the Google Pay we know today was born in 2018. One of the most ubiquitous digital wallets on the market today, Google Pay offers an easy way to pay on various websites, within apps and also in stores using cards saved to customers’ Google accounts.
The future of ATMs: adapting to the digital age
Jul 6, 2023 · Paymentology’s data backs this claim, with the number of ATMs in Europe falling by over 10% since 2016. Meanwhile, analysis from global consultancy partnership Kearney predicted that 25% of European bank branches would close across Europe from 2020 to 2023, as consumers’ digital banking habits became more permanent.
What is fintech? - FinTech Magazine
May 16, 2020 · Industries have been disrupted, and those who have failed to adapt are left behind. ‘Fintech’ means financial technology, and refers to the innovation and technology aimed at challenging traditional methods used in the financial services industry. Although it seems simple enough, ‘fintech’ is an umbrella term, covering a vast number of ...