Open finance throws light on the possibility of transforming the way consumers and businesses use financial services. Let’s define it for you first.'

App Stores Are The Latest Target Of Antitrust Investigations

Since the beginning of the Coronavirus pandemic, banks everywhere have been facing new challenges. Interest margins and income fees are under pressure to change....

Chatbots in Banking

What is Chatbot? The word Chatbot is a combination of "chat" and "robot", which can be easily summarized into chatting with a robot. The robot works on the machine learning algorithm which is a part of the artificial ...

The World of Open Finance

Open finance throws light on the possibility to transform the way consumers and businesses use financial services. Let’s define it for you first. "Open Finance" is the term used to describe the extension of Open Banking ...

Applications of Business Intelligence In Finance

“Sisense, a leading analytics platform for business diagnostic recently announced the results of it`s Survey ‘BI & Analytics Report 2020: Special COVID-19 Edition’ which offers an increased clarity ...

The Future Of Open Banking

Open Banking is a secure technology, which consists of an API (Application Programming Interface) that allows consumers and SME (Small Medium Enterprises) to safely share their transactional data ...

COVID-19 - The Demand For Innovation In Product Development

Steve Jobs rightly said, “You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they`ll want something new.” Product creation has never been ...

Business Consulting In The Age of Digital Disruption

Over the past few years, the world of consulting has been transformed by the digital evolution. A paradigm shift has taken place in the industry, opening the door to a digital future. Business Consulting, in the modern day...

Technology: A Ray of Hope for Banking Sector

The transition from a traditional economy to a modern complex economy occurred with the world-altering invention of banks. Although the idea of lending was existent before the advent of banks, banking facilities provided it with a proper framework ...

How Fintechs are Revolutionising Student Debt

The evolution of technology has drastically transformed the society. It has become an integral part of our lives by playing a significant role in the day to day activities ranging...

The Impact of AI on Businesses in the Post-COVID19 World

Adaptation is one characteristic which has helped humans surpass global shocks efficiently. In today`s day and time, our newest adaptation is Artificial Intelligence. Historically, economic breakdowns have brought about moments of truth which have altered...

Will Blockchains Bring the Winds of Change Post COVID?

Since the beginning of the Coronavirus pandemic, banks everywhere have been facing new challenges. Interest margins and income fees are under pressure to change, NPAs are imminent as the corporate sector fights for survival, and the need ...

Online Banking Frauds and Challenges Faced by Businesses

Banks are the engines that run the operations of the financial sector, monetary markets and the growth of an economy. The innovation in technology has assisted this sector in building a stronger relationship ...

Fintech trends in 2021

Since the last global financial crisis, investments in Fintech have been growing. The expansion of the sector ...

Consumer data rights : A double edge sword

The advent of open banking has meant that customers consent to third party providers (TTP) accessing their account information or to them carrying out payments on their behalf. The Open banking’s sharing of data model has been applied also to....