RegTech

All You Need to Know about RegTech in 2020

With the annual compliance spending of the financial institutions exceeding hundreds of billion dollars and the growing number of financial regulations, it’s no surprise that RegTech, or regulatory technology, has emerged to respond to a broad range of compliance issues. Here is all you need to know about RegTech in 2020. As with all emerging […]

visual ai

It’s Time to Shift Digital with Visual AI

A seamless digital experience has long been the focus of product teams and technologists. From disruptive startups to the leading brands in technology and media, an emerging question is now top of mind. How can visual AI-based inspection technology help to eliminate the mundane tasks associated with quality assurance? It’s time to shift digital with visual […]

Private Fund Data Operations Should Provide More Protection

COVID-19 has hit business leaders. It’s hit them with an endless parade of unexpected challenges. Leaders in private fund data operations are feeling it too. However, these challenges also present opportunities for technological advances. Stretched Operations Shrinking revenue and smaller budgets have reduced the margin for error. Risks are more severe. New risks are joining […]

Covid-19, Jobs, Data and Machine Learning

Americans worry machine learning and artificial intelligence are a threat to their livelihoods. But the global pandemic demonstrates that these data technologies are essential to improving lives. A recent survey captured the job-loss anxiety. Thirty-seven percent of workers aged 18 to 24 say new technology will eliminate their job by 2025. This fear climbs to […]

How Voice Technology is Changing the Financial Industry 

Speech recognition and voice technologies have advanced rapidly in the last few years. Most people use voice-recognition on a regular basis, interacting with Siri, Alexa, or Cortana. In fact, 51% of consumers are already using voice-enabled virtual assistants via a smartphone. Here is how voice technology is changing the financial industry. Voice-enabled devices are to […]

How FinTech Application Development Transforms the Finance Industry

FinTech or Financial technology has become a popular industry for helping to innovate financial transaction services and online security. It is a broad term that works around the business transformation to innovate the traditional financial services that are inefficient, antiquated, and expensive. Innovation has made the process transparent and straightforward. We must understand how FinTech […]

What it Takes to Build a Highly Secure FinTech Application

Since FinTech apps deal with highly sensitive personal and business data, security should be at the forefront of finance and banking solutions development. However, the reality is different. Here’s what it takes to build a highly secure FinTech application. Data storage issues, weak encryptions, data leakages, are just some of the vulnerabilities frequently discovered in […]

issues faced by futurists

The Top 5 Issues Faced by Futurists

Technology affects every aspect of our lives. It affects the way we communicate, and how we travel, but it also determines how we learn, how we bank, and the way we run our businesses. Futurist speakers think about those changes and try to understand how they’ll affect us. Here are the top five issues faced […]

oT Changes Banks and FinTech Companies

How IoT Changes Banks and FinTech Companies

Can financial services benefit from the Internet of Things? Absolutely, and to the fullest extent. Not only for gathering more and better data about assets but IoT also changes the way we access banking and manage wealth, invest, and monitor assets.  Let’s see how IoT changes banks and FinTech companies. To improve efficiency and customer service, […]

3 Ways to Navigate Regulations in the Robo Revolution

Robots seem like the stuff of science fiction. NASA’s new LEMUR robot, designed to climb rock walls on Mars, is no exception. But here on Earth, the forward march of automation continues, transforming business and society. But there’s a barrier holding us back from realizing the full potential of emerging tech: regulatory bottlenecks. Regulations are […]

Creating a Lean and Functional SaaS Accounting App

Companies and startups are turning to software-as-a-service solutions for their accounting needs more and more. Plenty of licensed software products exist in the market, but SaaS apps provide advantages that programs like Microsoft Excel can’t. First, SaaS accounting apps are often less expensive thanks to their subscription models and users’ ability to exclude features they […]

Global Leader in Electronic Invoicing

How Latin America Became a Global Leader in Electronic Invoicing

In 2003, Chile became one of the first countries in the world to implement electronic invoicing, and several other countries have since followed suit. Latin America has long been a global leader in electronic invoicing, the practice of submitting and formalizing every business invoice through the government. Of the world’s 36 billion electronic invoices issued […]

banking as a personal assistant

Banking is the Next Personal Assistant

We envision banks as these massive vaults filled with money. While there’s some truth to that assumption, your average bank is so much more. We can expect that banking is the next personal assistant. Banks are massively complicated institutions that operate on a lot of different (often proprietary) systems working seamlessly in conjunction with one […]

fintech and mortgages

Fintech is Changing Everything in the Mortgage Industry

At the time of this writing, there was over $15 trillion in outstanding mortgage debt in the US, making it the largest type of outstanding debt in the country. Mortages represents an industry for which business is booming – and that’s attracting a whole slew of new competition into the space. Much of it is […]