Tagged: emtech

Binance Smart Chain, a DeFi and NFT Marketplace Infrastructure, Announces $100M Talent Development Program

Binance Smart Chain (BSC), the decentralized finance (DeFi) and non-fungible token (NFT) infrastructure, has confirmed its plans of working with information technology universities internationally via the $100 million Talent Development (TD) program that is “focused on advancing research, education, and career opportunities in crypto and… Read More

Conversational AI Could Make Financial Info More Accessible, Understandable, Commonwealth Report Reveals

A report from national non-profit Commonwealth notes that “powerful” emerging technologies (Emtech) have the “unprecedented” potential to “shape the future of people’s financial lives, often in ways that will be with us for decades or longer.” According to the Commonweatlh report, Emtech like Big Data-powered… Read More

Abaka, which Improves Financial Wellbeing by Offering AI enhanced Financial Advice, Explains how to Better Understand Customer Behavior

London-based Abaka, which improves financial wellbeing by offering affordable financial advice powered by artificial intelligence (AI), notes that companies across different categories and markets aim to deliver the appropriate messages to their target clients, at the best time, using the most engaging channels. Traditional approaches… Read More

Digital Financial Services from Chinese Banks are Generally Better than other APAC Countries, and Some European, North American Providers: Report

A recently published whitepaper from Massachusetts-based International Data Corporation (IDC) and Huawei examines how banking institutions across the globe have been dealing with the COVID-19 outbreak. The paper identifies or recommends the way forward in a post COVID world which is now considered the “new… Read More

Digital Payments, E-Commerce, Cloud, 5G, AI, Machine Learning, Blockchain Considered Most Transformative Technologies for Enhancing Global Trade: Report

Di Dai from the World Economic Forum (WEF), a Switzerland-based international NGO that’s “committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas,” confirms that the Coronavirus crisis has accelerated… Read More

Digital Transformation: Chinese Consumers are Increasingly Using Smartphones to Make Payments as Thousands of Bank Branches have Shut Down

The long lines in front of ATM machines have now become a rare sight as Chinese consumers are increasingly using their smartphones to complete transactions, instead of making cash payments, according to a report from China Daily. Many people claim they can’t even recall when… Read More

Omar Arab: EVP of Corporate Business at VeriTran Explains how Low-Code Platforms Help Deploy Seamless Fintech Applications

We recently connected with Omar Arab, EVP of Corporate Business at VeriTran, a leading low-code platform provider for enterprises. Arab talked about how low-code solutions make it easier for everyone, including non-programmers, to create applications for a wide variety of use cases – including banking… Read More

CBDCs: Modern Central Sandbox Introduced by EMTECH to Help with Testing Central Bank Digital Currencies

EMTECH has introduced its “pilot-ready” innovation and regulatory compliance platform, the Modern Central Bank Sandbox, which will focus on serving reserve banks that are planning to “streamline regulatory reviews,” work with innovators on emerging technology (EmTech), or safely test their Central Bank Digital Currencies (CBDC)…. Read More

Digital Payments Surge in 2020, while Distributed Ledger Tech is in Focus for Digital Currency Solutions, Efficiency Enhancements: Report

Capgemini has released a new report titled, Payments – Top Trends 2021: Drivers, Opportunities, and Risks Shaping Financial Services. While highlighting key Fintech trends in the payments sector, the extensive report noted that Payments-as-a-Service has gained significant “traction” among small- and mid-tier institutions. It added… Read More

Brazil’s Fuse Capital to Allocate Funds to Startups Focused on Big Data, AI, Machine Learning, Credit Card Firm to Assist Wealthy Investors

Fuse Capital, a company established by experienced VCs and business owners based in Rio de Janeiro, Brazil, recently revealed that it’s raising its first overseas fund for investors looking for long-term, but high-risk investment opportunities. Launched in November 2019, Fuse Capital aims to assist Brazilian… Read More

Digital Pakistan Initiative Is Making Progress, as Nation’s Digital Banking Infrastructure Is Upgraded, but Many More Improvements Needed

Pakistan needs to work on its economic development strategy. The country has a population of over 210 million, but its GDP hasn’t grown nearly as fast. The country’s GDP is around $300 billion and the average income is about $1,500 per year which is significantly… Read More

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