A 2021 research shows 43.2 percent of smartphone users used their devices to make payments with the number projected to reach 50 percent by 2025. This is the trend in the current digital era as more and more people shift to using their smartphones to make payments. This is because of the convenience and security that…
As the fintech industry continues to grow, so does the risk of cybersecurity threats. Fintech companies are a prime target for cybercriminals, as they hold a large amount of sensitive data. In this article, we will discuss how businesses can protect themselves from these threats and keep their data safe but first, a look at…
It’s been a heck of a ride, partly due to the pandemic-accelerated transition towards so much online banking and shopping. This is a new reality, and it’s one in which fintech will continue to play an outsize role. Right before Covid arrived in the country, the average market capitalization of America’s ten largest fintech companies…
Even self-proclaimed Luddites moved a large portion of their daily lives online twelve months after the coronavirus pandemic first struck the United States. Managers who had no intention of conducting meetings remotely perfected the skill of projecting professionalism on Zoom from the waist up. College professors mastered the virtual classroom. And parents with busy schedules…