This is where Regtech companies must step in. Innovators in this space can identify and verify TPPs in real-time, therefore allowing financial service providers to have total trust in the third parties they deal with.

Open Banking: 518 TTPs are aproapproved to provide services across the EU and UK...

 -Research from Q3 of 2021 revealed that 21 new TPPs were approved to provide services across the EU and UK between 1st July and...
The blockchain disruption (cases)

The blockchain disruption (cases)

By FintechNews staffAlthough synonymous with cryptocurrencies like Bitcoin, blockchain’s disruption is continually expanding into new areas of finance, as well as the healthcare and real...
AI-powered biometric authentication

AI-powered biometric authentication

 According to IBM, 20% of breaches are caused by compromised credentials. In 2021 25% of businesses have completed deployment of AI-based security, while 40% are...
3 strategies to rethink hiring cybersecurity talent

3 strategies to rethink hiring cybersecurity talent

Despite the ever-growing need to secure the public sector, hiring and retaining cyber professionals in state and local government has never been harder. Here...
Maybe losing the AI race to China isn’t such a bad idea

Maybe losing the AI race to China isn’t such a bad idea

  The Pentagon’s first-ever chief software officer abruptly quit earlier this month, and now we know exactly why: Nicolas Chaillan, former CSO of the United States Air Force...
Which are the Prominent Personal Finance Mobile Apps? 1. Intuit Intuit Mint is a personal finance management company formally established in 2006 by Aaron Patzer. The company operates in the U.S. and Canada with more than 20 Mn users. It offers the application for two of the most widespread operating systems - Android and iOS, which led to increase the flexibility of its services. 2. Chime Chime is a San Francisco-based Fintech company established back in 2013 by Chris Bitt and Ryan King. The company provides a connected approach through mobile apps to banking services that gives it complete control on finances. Its mobile app is available for iPhones and Android devices, and more than 10 Mn downloads have been recorded at the Google App Store. 3. Digit Digit is a wealth management app company based in San Francisco U.S. The company uses machine learning and numerous financial practices to save and invest the money of users. Digit is available on both Play Store and Apple Store. 4. Albert Albert is a wealth management application firm based in California, United States. The company offers diverse services, from budgeting, saving, investing, and financial advisory. Albert can be used on iOS and Android-based devices. 5. Prism Prism is a bill management and bill payment platform that offers to pay bills on multiple platforms and delivers financial well-being. The company has more than 30 Mn users and thousands of financial institutions. Prism also offers personal budgeting to its users and is available for iOS and Android devices

Overall time spent on investment and trading apps increased Y-o-Y more than 50% in...

By FintechNews staff Increasing penetration of smartphones and the Internet across the globe is likely to augment demand over the coming years. Currently, global penetration...
Two Key Digital Payments Trends in the Post-COVID World

Two key digital payments trends in the post-COVID world

 No one could have predicted what 2020 would bring. That sentiment rings true across nearly every aspect of our lives, and the way consumers...
Leveraging diversity to enhance cybersecurity

Leveraging diversity to enhance cybersecurity

Cybersecurity isn’t just coding. There is more to the development, implementation and sustainability of an effective cybersecurity program than can be achieved with...
https://www.fintechnews.org/how-ai-is-redefining-the-human-touch-in-fintech-industry/

How fintech can bridge the credit gap for first-time borrowers

Fintech firms are offering tailored credit services quickly with high client interaction, using novel ways to analyse data and assess borrowers needs and repayment...
Addressing U.S. cybersecurity concerns through biometrics

Addressing U.S. cybersecurity concerns through biometrics

In 2020, a major U.S. information technology firm was hacked, exposing sensitive material from over 18,000 of its customers, many of which included government...

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Big Banks Believe Bitcoin May Very Well Become the New Gold

Big banks believe Bitcoin may very well become the new gold

 First adopters were keen on Bitcoin long ago. They’ve since become interested in smaller projects for the most part.But now, something interesting is happening...
The explosion of NFTs https://www.fintechnews.org/the-explosion-of-nfts/ … a través de @Fintech News #token #sports #NFTs #payment #Assetmanagement #Bitcoin #cryptocurrecy #blockchain #fintech

Financial inclusion: 26 millions U.S. adults are credit invisible, or have no credit at...

By FintechNews Staff Summary:-one in ten U.S. adults are credit invisible, or have no credit at all, making it more difficult for them to access...
https://www.fintechnews.org/patent-trolls-the-next-big-risk-for-blockchain-protecting-blockchain-from-ip-risks/

China files three times as many blockchain related patents than USA

By FintechNews Staff Summary:-A new data report shows there were about 55,000 blockchain-related patents applications filed between the beginning of 2015 to June 2021.-China so...