Prove Blog

Starbucks is one of the most vivid examples of an outsider’s role in the financial services industry.

The retail industry has witnessed a paradigm shift with the increased availability of smartphones and tablets.

Just like financial institutions, insurers are no strangers to leveraging advanced technologies in various aspects of the business.

International payments are not optimized for microtransactions. A foreign withdrawal from an ATM may be charged up to 5%.

FinTech startups worldwide raised $3.21 billion in funding in August 2019 across 173 VC funding deals.

The US student debt stands at over $ 1.6 trillion, second only to mortgages but more than credit card loans and auto loans.

A list of blockchain-powered trading platforms

Anyone who has ever cashed in a cheque would have realized how cumbersome and lengthy the process is given the digital age we live in.

‍A blockchain is a public ledger of all bitcoin transactions that have ever been executed.

According to a prediction by eMarketer, 22% of all retail commerce sales in the US will come from purchases made on mobile devices.

Facebook’s recently launched P2P payments system is currently built entirely around the Messenger platform.

This article explores what is new from the AI and ML desk to help FIs in fraud detection and prevention.