North America

The insurance industry is one of the most exciting areas of innovation with the highest disruption potential for tech-powered startups.

Small businesses are the backbone of modern economies, in which the democratization of financing opens new frontiers for an increasing number of entrepreneurs.

Neobanks are viewed as a direct challenge to the status quo of the established traditional banks, with their lower cost structure and hyper-personal customer experience.

While a plethora of challenger banks and neobanks have preferred to build their core platforms in-house, the game is not lost for traditional platform providers.

Video banking could become the banking of the next generation along with mobile-only banks and other latest trends in banking.

Imagine an international trip from the US to China, India, and the UK, where you can make purchases through your credit cards without paying any foreign transaction fees.

Banks’ interest in bitcoin blockchain is seeing a massive uptick in exploring potential use cases for the distributed ledger system (blockchain technology).

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.

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

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.