The crypto market has seen a lot of ups and downs throughout the years, but one thing has remained constant: the rise of the blockchain and cryptocurrency industry. Despite its volatility, the allure of this technology continues to attract investors towards it, especially venture capitalists. The year 2023 has seen a massive surge in crypto venture capital investments globally, especially
Digital lending has revolutionized the way individuals and businesses can access credit. At its simplest, it is the process of offering financial loans or credit to individuals or businesses through digital channels, allowing borrowers to apply for loans via mobile applications or websites without having to physically visit a bank. It has become increasingly popular as people rely on the
Gone are the days when carrying cash was the norm. Thanks to technological advancements, digital payments have made our lives more convenient than ever before. At the same time, the COVID-19 pandemic has accelerated the adoption of digital payments. Today, almost everyone relies on digital payments for their everyday transactions. In Europe, the digital payments landscape has rapidly evolved, driven
Financial Service Institutions (FSIs) are facing a number of complex challenges in the highly competitive financial services industry driven by regulatory requirements, technology changes, and ever-changing customer needs. To overcome these challenges, FSIs need to embrace technology to streamline business processes, reduce costs, improve delivery speed, and ensure regulatory compliance. One such technology that has proven to be a game-changer
The insurance industry has undergone significant transformation over the years. However, despite the advancements, consumers still face the problem of increased premium rates each year. In this regard, Rnwl, a UK-based startup, is looking to transform the insurance industry through an automated price comparison solution. Rnwl has launched a funding campaign to raise growth capital, and this article examines the
Vault, a private wealth management platform backed by global venture capital firm Outliers VC, is set to revolutionize investment practices in the UAE through its cutting-edge digital platform. The platform aims to solve the persistent problems faced by clients in the region and foster lasting relationships. Challenges faced by clients in the UAE’s wealth management industry Many clients in the
In today’s rapidly evolving digital environment, wealth and investment firms are struggling to keep up with the ever-changing expectations of their customers while complying with regulations and managing risks. To address these challenges, Unblu and Objectway have formed a strategic partnership that will enable financial institutions to develop successful, effective, and profitable relationships with their clients. Objectway’s omnichannel client lifecycle
Payroll outsourcing is the process of delegating payroll administration and management to a third-party provider. It involves the calculation and payment of employee salaries, taxes, and other benefits. In recent years, many companies have turned to payroll outsourcing to reduce administrative costs and improve overall efficiency. The global payroll outsourcing market is growing rapidly, with significant growth potential in different
Bitcoin has been a topic of discussion for over a decade since its inception in 2009. It is a decentralized digital currency that provides individuals and businesses with an alternative option for financial transactions. Its underlying technology, called blockchain, offers a secure and transparent way of recording and verifying transactions. Yet, despite its many advantages over traditional fiat currencies, Bitcoin’s
In recent years, e-commerce has seen unprecedented growth, with more and more consumers worldwide turning to online shopping. However, with this surge in demand has come a host of challenges such as delayed and inefficient payment processes, security concerns, and lack of access to financial services for underbanked populations. Enter Web 3.0 and the emergence of Central Bank Digital Currencies
Bankable, a leading Banking-as-a-Service (BaaS) provider, has announced the acquisition of Arex Markets. This move positions Bankable to incorporate credit and working capital into the payment flows of established neobanks, fintech platforms, and multinational brands. The acquisition marks a major milestone in Bankable’s growth strategy and will enable the firm to expand its existing API-first digital platform. With extensive investor
In today’s fast-paced world, convenience and security are essential when it comes to making financial transactions. Digital payments have become increasingly popular in recent years due to their speed and convenience. However, traditional methods of handling payments are being quickly replaced by innovative payment solutions that offer enhanced user experiences and improved security measures. One such solution is Wallet as
