Blockchain technology has emerged as a potential solution to various problems faced by traditional forms of data management. It enables the creation of a transparent, open, decentralized and immutable ledger system that ensures data accuracy and security. The technology is becoming increasingly popular due to its various advantages, such as cost savings, trust, and security, among others. However, like any
In a world that is rapidly moving towards digitization, it’s essential to have systems in place that make it easier for people to make secure and convenient payments. e-RUPI is one such system that has been introduced by the National Payments Corporation of India (NPCI) to revolutionize the way we make digital payments. In this article, we’ll take a detailed
The financial technology (FinTech) industry has undergone a revolutionary change in the past decade, aided by technological advancements that have paved the way for new products and services. Artificial Intelligence (AI) has undoubtedly played a crucial role in determining the direction of the industry. As we move towards 2023, the role of AI in FinTech is expected to grow significantly,
The InsurTech industry has bounced back strongly in the first quarter of 2021, with global investments reaching $1.39 billion, according to the latest Global InsurTech Report from Gallagher Re. This marks a 37.6% increase from the previous quarter’s lowest total since Q1 2020, indicating a strong recovery for the industry. The report also highlights some interesting trends in the industry,
Blockchain technology has taken the world by storm, and its potential to revolutionize the way we live our daily lives cannot be ignored. This article explores the rise of blockchain technology, the potential for real-time settlements, increased liquidity through tokenized venture funds and real estate, as well as the enhanced security and transparency in financial systems. The Rise of Blockchain
The world of technology plays a critical role in shaping the business landscape, especially as the transformative impact of digital technologies continues to unfold. With the rapid pace of technological advancements, it is essential for businesses to stay ahead of the curve by investing in innovative technologies that can help them thrive in the evolving market landscape. In this article,
As the financial services sector continues to undergo rapid evolution, new technologies are driving innovation to the market. Two such trends, embedded finance and Card as a Service (CaaS), have emerged as key enablers of this transformation. By employing these technologies, both traditional banks and non-financial companies can offer a vast range of financial services to their customers and capitalize
In today’s world, digital contactless payments have taken the lead in several regions, allowing for more convenient transactions via smartphones, watches, or bank cards. However, traditional cash still exists in many places, and the future of payments remains a topic of discussion. So, how will we be making payments in 10 years? The answer is simple – digitally! Digital contactless
Ledgebrook, an insurtech based in Boston, has announced that it raised $4.6 million in a recent funding round. This funding will be used to scale the company’s flagship non-admitted GL & Supported Excess product and to support the development of future offerings. Details of the funding round Parker Beauchamp at Markd led the funding round, with participation from Brand Foundry
Sardine AI, a unified risk management platform with APIs for fraud prevention, compliance, and instant settlement, has teamed up with Fortress Trust, a technology-driven financial institution with robust APIs for foundational ePayment infrastructure, to provide faster and safer ePayments for clients globally. Through this partnership, clients will be able to modernize, leverage, and scale their legacy payment solutions while safeguarding
In recent years, digital payments and e-commerce have undergone revolutionary changes, transforming the way we shop and pay for goods and services. Technological advancements have made online transactions more secure and convenient, facilitating this transformation. In this article, we will take a look at the evolution of digital payments and e-commerce, including their origins, growth, and how they are likely
The idea of democracy has been around for centuries, yet the majority of people today have a limited understanding of it. In modern times, only eligible members of society have the right to organize and participate in a democratic system. This limited understanding and eligibility criteria have resulted in the exclusion of certain individuals, leading to a sense of powerlessness
