Blogs

New Privacy Regulations Could Boost Financial Industry

The financial industry is facing growing demands for privacy from regulators and consumers. New regulations like the EU General Data Protection Regulation (GDPR) require businesses to provide stronger privacy protection. However, that might actually be a positive development for financial firms because it helps them to compete with privacy-focused cryptocurrencies. The Need for Privacy and…
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The Transformation of Lending

Traditional credit scores and lending practices are being challenged everywhere. Peer-to-peer lending is on the rise, customers keep demanding faster service, and more accurate scoring methods are making credit available to many deserving consumers and small businesses. As FinTech transforms lending, only firms that adapt will continue to profit. Direct Lending is a Direct Threat…
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AI: The FinTech of the Future

The FinTech revolution is on the verge of finally delivering on some of the longstanding promises of artificial intelligence. Most of us grew up hoping for a world where robots would do repetitious work for us, but the future is never what we expect it to be. Even though we are unlikely to get mechanical…
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FinTech is Driving an Entrepreneurial Revolution

FinTechs are rapidly developing new tools for entrepreneurs everywhere. Crowdfunding allows innovative startups and other entrepreneurs to raise funds in ways that were never possible before. FinTechs have also created ways for small and medium-sized enterprises (SMEs) to process payments like their larger competitors. We all need to take steps to keep up with the…
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