Prove Blog

Global investments in FinTech ventures tripled to $12.21 million in 2014, which means FinTech gained significant momentum and became a hot spot attracting a lot of attention.

As incumbent companies continue to maneuver the demands of consumers, many of them are betting on a tech/mobile-forward approach to help retain satisfied users.

Although the funding is vital for startups at various points in their lifecycle, there are other ways the ecosystem supports entrepreneurs and facilitates innovation adoption.

With the rising bar of customer expectations, the need for faster, safer, and highly personalized solutions in personal finance management grows beyond measure.

With effect from January 13, 2018, the EU member states implemented PSD2 in their national regulations.

On June 28, 2019, the Monetary Authority of Singapore (MAS) announced that it would issue up to five new digital-only bank licenses.

Prove’s Amit Goel on CNBC-TV18 sharing insights on the rise of ‘Buy Now, Pay Later’ regulatory and fraud concerns.

Technologies such as facial recognition are used to identify trafficked individuals at major airports, but it’s incredibly challenging to acquire a database of images of missing people.

Cloud and mobility are enabling the next generation of banking and commerce experiences. Cardless ATMs and withdrawing cash without cards are great examples of such innovations.

The rise of the ever-growing relationship between technology and financial services is bringing significant changes to the banking industry, which is becoming a battleground where competition is developing to be increasingly multifaceted.

Cryptocurrencies seem to be taking a special place in the minds of financial industry professionals as a wide range of cryptocurrencies have reached quite a significant market capitalization and turnover over the past year.

Because of the existing challenges and relative immaturity of the existing blockchain implementations, there is an urgent need to refocus the blockchain community toward standardizing blockchain technology APIs for application development.