By Denys Kyrychenko, Co-founder & CEO at CorefyBusinesses’ payment infrastructure directly correlates with competitive resilience. New data from a global study of 793 merchants – The state of payment maturity 2024 report, published by Corefy – reveals critical insights on the current state of businesses’ payment maturity, offering a...
Since launching in 2015, Revolut has rapidly become a leading global fintech player. From humble beginnings as a prepaid card offering, it quickly grew into a fully-fledged financial powerhouse. Revolut’s story exemplifies strategic execution and product innovation in the fintech sector. The company now offers services including foreign exchange,...
In recent years, fintech apps have become pivotal in shaping financial literacy among Millennials and Gen Z. These innovative platforms, often mobile-first and user-friendly, simplify complex financial topics. Through interactive tools and easy-to-use interfaces, fintech companies educate young users on personal finance, budgeting, and investing. Traditional methods of financial...
Quantum computing uses quantum physics to perform computations far faster than classical computers. This emerging technology holds particular relevance for fintech, which relies heavily on encryption to secure transactions and data. Researchers warn that powerful quantum computers could one day crack traditional encryption methods in a feasible time. In...
By Peter Curk, CEO of ICONOMIIt’s a time of change in cryptocurrency sector. With the introduction of the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulation, there’s a sense of uncertainty. So used to playing outside of the rules, crypto companies are suddenly finding themselves under scrutiny and restricted,...
Toronto, January 23, 2025 – Open Banking Expo is delighted to confirm Symcor as the headline partner of Open Banking Expo Canada 2025, set to take place on June 17 at the iconic Metro Toronto Convention Centre (MTCC).This marks the first year that Symcor will headline Canada’s flagship Open...
Cross-border payments remain one of the most outdated areas of financial services. While fintech has transformed many aspects of banking, international money transfers still rely on slow, expensive, and inefficient systems. Banks process these payments through multiple intermediaries, increasing costs and delays. With growing demand for faster, cheaper alternatives,...
Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions. Despite its significance in global commerce, trade finance remains an area...
Embedded finance is transforming industries by incorporating financial services directly into non-financial platforms. This integration allows businesses to offer banking-like services, enhancing customer experience and simplifying transactions. Consumers benefit from seamless access to payments, loans, and insurance, all within familiar digital environments.This shift is redefining traditional banking structures. Fintech...
Artificial intelligence (AI) is transforming fintech. It improves efficiency, enhances customer experience, and enables smarter decision-making. However, the debate continues: should AI replace human decision-makers or serve as an augmentation tool? While AI excels at processing vast datasets, it lacks human intuition. Financial professionals bring expertise, ethical judgment, and strategic...