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SMBs are the backbone of the economy and supporting them, at speed, is crucial. As the pandemic made clear, the need for financial institutions to service customers in very different ways, at short notice, was central to the ability for SMBs to continue operating. At Fintech Talents North America, Jesse Honigberg, Technology Chief of Staff,
Winners, losers and fraudsters – Identity verification for online gaming Already rapidly growing sectors, digital gambling platforms and online gaming sites exploded in popularity during the height of the COVID pandemic, as many people stuck at home turned to these sites for entertainment. According to market research firm Statista, the global online gambling market alone
Both the hardest critics and proponents of cryptocurrencies like Bitcoin can agree on the fact that, for better or worse, these digital currencies are fundamentally different from fiat currencies. One of the under-discussed differences between these two currencies is their energy consumption. In a 2022 report, the Cambridge Centre for Alternative Finance (CCAF) estimated that Bitcoin
With hundreds of billions of dollars of total value locked into the decentralised finance (DeFi) market, this burgeoning sector is rapidly becoming an attractive target for cyber criminals and hackers. According to a CertiK State of DeFi Security Report released earlier this year, more than $1.3 billion was lost across 44 DeFi hacks due to centralisation
In March 2022 the US annual inflation rate reached 8.5% – the highest level recorded since December 1981. Inflation, together with the pandemic, and rising gas prices have taken a toll, with 47% of low-income consumers reporting in a recent study that they do not feel financially healthy. These were the sobering statistics with which
Our community of innovators and industry practitioners, including retailers, manufacturers, financial institutions, insurers, telcos, embedders and tech providers, recently gathered at FTT Embedded Finance & Super Apps. We delved into the technologies, innovations and trends that are re-defining the future of how financial services are devised and distributed. During the event, Lisa Moyle, Co-Founder and
Few recent innovations in banking have shown the same level of potential as blockchain-based solutions, especially given the rate it has matured at since 2008. While the term Blockchain may have first entered widespread usage thanks to cryptocurrency; the applications of Blockchain-based solutions and tools have utility in countless areas of banking. David Palmer is
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