Introduction In today’s digital age, technology continuously shapes and reshapes how industries operate. One such transformative force is “cloudsourcing,” especially within the realm of financial technology, commonly referred to as fintech. If you’ve ever wondered how your banking app smoothly processes transactions or how investment platforms quickly analyze vast amounts of data, cloudsourcing might be…
Introduction Neobanks, a term derived from the fusion of “neo” meaning new and “bank”, represent a fresh wave in the vast ocean of banking. Unlike the traditional banks that have been around for centuries, with their impressive buildings and physical branches where customers have to queue for services, neobanks are primarily digital. This means they…
Introduction In today’s fast-paced digital age, nearly everything is transitioning online — from shopping and entertainment to work and education. Amidst this digital transformation, there’s a fundamental concept that’s been gaining attention: digital financial inclusion. But what exactly does it mean, and why is it essential? Digital financial inclusion refers to the effort to ensure…
Introduction In the age of the digital revolution, where many traditional processes are taking a shift towards online platforms, the banking sector is not left behind. Enter API Banking, a key player in modernizing how banking operations function today. For someone unfamiliar with fintech, diving into API Banking might sound like delving into a realm…
Introduction Fintech has emerged as a game-changer in the financial industry by using innovative technology solutions to tackle the traditional problems that have plagued the sector. The fintech industry has disrupted the traditional finance sector and has created a new, modern and efficient financial services ecosystem. The fintech industry has transformed the way people access…
