Last week, the podcast hosted Matthew Covi, co-founder and CEO of Signal Intent. A Best of Show winner in its Finovate debut this spring, Signal Intent builds financial calculators for banks, credit unions, and other financial services companies. These solutions, designed for the digital age, help companies enhance the customer experience they offer with what
FinovateAsia Digital is less than two weeks away. If you are headquartered in the APAC region, do business in the region, or would simply like to know more about the fintech trends in one of the most technologically innovative parts of the world, then FinovateAsia Digital, held on the 22nd and 23rd of this month,
The use of fintech or financial technology is becoming increasingly widespread. Chances are that you’re using it, too, even if you don’t realise it. The developments in this area are a pretty positive thing, designed as they are to make personal financial management easier and improve financial literacy. As fintech experiences its meteoric rise and
An important consideration for data scientists, businesses, and society as a whole, today centres on how we might establish AI as an indisputable and indispensable force for good in the world. For years, we have seen stories of bots and machines taking over the job market, discriminatory facial recognition technology, and few of us will
It’s undeniable that the pandemic has been especially hard on small to medium enterprises, or SMEs. While multinational corporations like Amazon and Tesla have grown astronomically over the pandemic, small disruptions, like late payments on invoices which are typically survivable in normal times, are causing many SMEs to go out of business. Although there are
https://finovate.com/finovateasia-digital-banking-brand-intimacy-and-the-future-of-payments/ At one point on Wednesday, May 19, Bitcoin plunged 30% to near the $30,000 mark (a new low since February) before climbing back 8%. Altcoins suffered even bigger losses. Ethereum price crashed 46% on May 19 as it dipped from $3,441 to $1,850 (a day earlier, the 15% fall stopped at $2.9k). Just a
There is a fundamental shift in how trade finance is taking place, with the use of data-driven decision-making to support more democratic access, beyond company size. Trade finance’s traditional focus has been that the larger the company, the easier the access to finance and borrowing terms based on balance sheets. This supported the growth of
With Making Tax Digital (MTD) now in full swing, HMRC is one of the most digitally advanced tax administrators in the world. But for many small business owners, MTD is new territory and HMRC is a black hole of information. Due to COVID-19, HMRC made the swift decision to delay phase two of MTD, meaning
Covid-19 has had a profound financial impact on everyone, with 40% of people experiencing a pandemic-related income shock. While some can fall back on their savings or access credit to soften the blow, it can be much more damaging for those who are financially excluded. This consequence can be severe and far-reaching – affecting someone’s
In 2021 roughly a third of the entire global adult population remains unbanked — an estimated 1.7 billion people that have been left behind by the shortcomings of an outdated, inadequate, and inefficient financial system. If we are going to make this right, we need to overhaul current legacy systems and create something that’s fair,
Liz Barclay’s appointment as Small Business Commissioner was the latest development that reflected the UK’s longstanding and worsening slow payments crisis. Liz’s new role will see her serve as guardian of invoices owed to SME suppliers, championing their prompt payment against a backdrop of drawn-out payment terms: a problem which has worsened over the past
Most businesses have some problem they need to solve at any given point in time. These days, getting stellar growth may be a challenge, and the cost of acquiring a new customer seems to go only one way. Up. Ouch! For others, it may be that the business you set up a few years back
