#Financial technology (FinTech)

[probablyasocialecologist]

Some of Europe's top fintech firms are starting to crumble as investors question their true valuation. Asset manager Schroders has cut the value of its stake in financial "superapp" Revolut by 46%, according to a filing on April 17 that threatens Revolut's title as the UK's most valuable fintech. The writedown suggests the London-headquartered firm is now valued at about $17.7bn (£14.2bn), which is substantially less than the $33bn it was valued at in a funding round last July. Revolut has been criticised for the late filing of accounts, EU regulatory breaches and corporate culture. It has also been waiting two years for regulators to approve its UK banking license. Schroders has also marked down its stake in Atom Bank by 31%. Meanwhile, Allianz is selling its stake in struggling fintech N26 at a heavily-reduced price, according to the Financial Times, while buy-now-pay-later firm Klarna has seen its valuation tumble from $45.6bn to $6.7bn.

[fondcrimes]

internet ppl we need to have a serious conversation about art vs content

[xettle-technologies]

How Financial Education Platforms Can Empower You ?

In an increasingly complicated financial market, knowledge is power. financial education platforms, powered by innovative fintech software like Xettle Technologies, offer a pathway to empowerment by providing individuals with the knowledge, skills, and resources they need to take control of their financial futures. From basic budgeting to advanced investing strategies, these platforms empower users to make informed decisions, achieve their financial goals, and build a solid foundation for long-term financial success.

Access to Comprehensive Learning Resources: Financial education platforms offer access to a wealth of comprehensive learning resources, including articles, videos, webinars, and interactive tools, covering a wide range of topics relevant to personal finance, investing, and entrepreneurship. Whether you're a beginner looking to build a basic understanding of financial concepts or an experienced investor seeking to expand your knowledge, these platforms provide resources tailored to your needs and skill level.

Xettle Technologies, a leader in fintech software, has developed a robust financial education platform designed to empower users with the knowledge and skills they need to succeed financially. Through its intuitive interface and user-friendly design, Xettle's platform provides access to a curated library of educational resources, curated by industry experts and thought leaders, covering everything from budgeting and saving to investing and retirement planning.

Personalized Learning Experiences: One of the key benefits of financial education platforms is their ability to deliver personalized learning experiences tailored to each user's unique needs, preferences, and learning style. Through advanced algorithms and machine learning, these platforms analyze user data and behavior to deliver customized content recommendations, learning paths, and interactive experiences that engage and motivate users to learn.

Xettle Technologies leverages its expertise in  fintech software to create personalized learning experiences for users of its financial education platform. By analyzing user interactions and preferences, Xettle's platform delivers tailored content recommendations and learning paths that align with each user's financial goals and objectives. Whether it's through interactive quizzes, simulations, or live webinars, Xettle's platform provides users with the tools they need to master their finances and achieve their financial goals.

Promoting Financial Inclusion: Financial education platforms play a crucial role in promoting financial inclusion by democratizing access to financial knowledge and resources. By providing accessible and affordable education, these platforms empower individuals from all walks of life, regardless of their background or financial situation, to participate in the financial system and make informed decisions about their money.

Xettle Technologies is committed to promoting financial inclusion through its financial education platform. By leveraging its expertise in fintech software, Xettle has developed a platform that is accessible to users across the globe, regardless of their socioeconomic status or geographic location. Through partnerships with organizations and institutions, Xettle is working to ensure that its platform reaches those who need it most, helping to bridge the financial literacy gap and promote economic empowerment.

Empowering Financial Advisors: Financial education platforms are not only empowering individuals but also financial advisors. These platforms provide advisors with a wealth of educational resources and tools that they can use to educate and empower their clients. By arming clients with the knowledge they need to make informed decisions, advisors can build stronger relationships, provide more value-added services, and help clients achieve their financial goals.

Xettle Technologies recognizes the important role that financial advisors play in promoting financial literacy and empowering clients. That's why Xettle's financial education platform includes features specifically designed for financial advisors, such as customizable content libraries, client engagement tools, and analytics dashboards. Through its platform, Xettle is helping advisors educate and empower their clients, driving better outcomes for all.

Conclusion: Financial education platforms are powerful tools for empowering individuals to take control of their financial futures. By providing access to comprehensive learning resources, delivering personalized learning experiences, promoting financial inclusion, and empowering financial advisors, these platforms are transforming the way people think about and interact with money. As these platforms continue to evolve and expand, they have the potential to revolutionize financial education and empower millions of individuals around the world to achieve financial freedom and security.

[pilawturkey]

Introduction

Financial technologies environment has improved very quickly over the last 20 years. This development causes enormous challenges to national and international policy and law makers. This paper will give a brief outline of recent preparations for new Turkish Crypto Law 2024. At the beginning, it is useful to remember what the meaning of FinTech is.  

For a comprehensive discussion on the FinTech Environment in Turkey, take a look at our article on FinTech Guide in Turkey

What is the meaning of FinTech?

The term “FinTech” describes emerging electronic payment methodologies based on the automation and facilitation of payment systems. Indeed FinTech contains a broad range of payment models such as electronic money institutions, payment institutions, digital banks, online insurance agencies, and crowdfunding platforms and blockchain such as crypto currencies. What is really important is that the FinTech environment is mostly dedicated to the development of faster and better delivery of financial services.

For our work and all legal services on the matter of financial technologies, please click our “Practice Areas”, titled, FinTech

For more discussion for banking and finance, take a look at our article on Banking and Finance Law in Turkey

What is the main role of FinTech ecosystem?

The main intention of financial technologies market is to facilitate shopping and trade. There are several advantages of alternative virtual payment instruments. Financial technologies provide numerous tools for individuals.

What is the news on new Turkish Crypto Law 2024?

The draft bill on Turkish Crypto Law 2024 came to the Grand National Assembly of Turkey. Draft on New Turkish Crypto Law 2024 was introduced by Mehmet Şimşek, the Ministry of Treasury and Finance to the Parliament agenda. That step is of utmost importance in the development of the digital era in Turkey. It should be remembered that the previous step for digital technologies was to recognize digital wallets by means of new regulation of the Central Bank of the Republic of Türkiye.

For more observation about digital wallet regulation, take a look at our article on Digital Wallet Era in Turkey

What is the importance of the draft bill on new Turkish Crypto Law 2024?

Main intention of the draft on New Turkish Crypto Law is to provide a compliance of the capital markets system in line with the Financial Task Force standards and principles aiming at the prevention of money laundering and terrorist financing. It is firstly intended to formulate core standards for the definition of crypto asset, crypto asset exchange platform, crypto assets service providers. Secondly, legal obligations will be placed for the certification and licensing of crypto currency service providers. In this context, Central Bank of Republic of Türkiye will be authorized for granting licensing for the establishment and operation. Thirdly, the relevant crypto asset is subject to an approval process by the Scientific and Technological Research Council of Türkiye (TÜBİTAK).

Conclusion 

It would be a little earlier now to make comments on the potential results of the Law. Because it is beyond easy to imagine to what extent all articles in draft will be finalized and adopted by the Parliament. Because Parliament has a direct power to make comprehensive changes and|or rejection of the draft bill completely. Nevertheless, considering that the fundamental objective of policy makers from the draft is to introduce certification and|or licensing and the approval of blockchain instruments in Turkey. In this way, crypto assets will be regarded and recognized as capital markets instruments as well.   

[equicorplegal]

Equi Corp Legal has the best lawyers in Delhi NCR

[mobio-solutions]

Don't miss out on this opportunity to transform your fintech business. See how our real-time monitoring mobile app solution for a leading fintech firm saved their time and money and gave them a competitive edge in the market. Don't settle for less than exceptional with Mobio Solutions!

[liberadori-blog]

FinThink - Financial Technology

FinThink Research will Launch by covering 20 Crypto Projects, 20 NFT Reports, and 30 Equity Reports. Covering a total of 70 profiles and updating them every quarter.

Surveillance reports will be released throughout the quarter covering news releases to keep members up to date on relevant macro events.

FinThink AI is a suite of Machine Learning Applications that will:

Forecast Stock Prices.

Provide market sentiment per individual stock or the     overall stock market.

Provide Search Trends Corellated with price movements.

Risk Management forecasting Maximum Loss at a 95% and     99% probability level.

Trading Entry and Exit Points using our Trading     Algorithm.

FinThink is a Financial Technology Company Headquartered in New York City.

Finthink AI is a Financial Technology Product

FinThink Finance Tools will consist of a Mortgage Calculator, a Car Buying Calculator, and a Real Estate Portfolio Building Calculator. Close every Mortgage confidently and never leave the car dealership feeling that you were taken advantage of. Learn how to build a Real Estate portfolio and build financial freedom.

FinThink Members can achieve Financial Freedom for $50 a month.

FinThink is Financial Technology.

Financial Technology is the Future of Finance.

Check out the Future of Finance at:

www.finthink.com

[hrtechnology25]

Why CIOs need embedded finance technology to moderniz

As technology becomes increasingly important to the success of any business, CIOs face a new challenge to leverage tech and deliver winning business capabilities. Previously, digital transformation decisions often took a backseat to other business initiatives. However, the move from archaic systems to emerging technologies has become a requirement to survive the constantly changing environment. Navigating our new normal and maintaining a competitive edge now falls on CIOs’ shoulders. 

CIO priorities have been redefined due to recent market expansion, skyrocketing consumer expectations and behaviors, and disruptions to traditional business models. Currently, CIOs carry the burden of producing a significant impact within their organizations through digital transformation. The 2023 Gartner CIO and Technology Executive survey of over 2,000 CIOs in 81 countries and all major industries revealed that CIOs expect IT budgets to increase 5% on average this year. In an increasingly tech-driven business landscape, CIOs are expected to move beyond simply managing IT to leveraging technology to create value for the business. 

Unfortunately, many tech decisions don’t get sufficient business scrutiny beyond cost and high-level strategy discussions. Corporate leaders can struggle to see the measurable value of digital transformation as they don’t understand or believe that it positively impacts the bottom line. Without a strategic approach, unsuccessful transformations are expensive, time-consuming, and not worth the effort—only 31% succeed because most are not planned or executed without a realistic year-over-year transformation game plan. This is where CIOs can articulate to other C-suite executives how the business can best use technology to develop digital-enabled capabilities that generate revenue, improve profit margins, or advance the company’s mission.

More Info: https://fintecbuzz.com/why-cios-need-embedded-finance-technology-to-modernize/

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

[jcmarchi]

How FinTech is being empowered with AI and analytics

New Post has been published on https://thedigitalinsider.com/how-fintech-is-being-empowered-with-ai-and-analytics/

How FinTech is being empowered with AI and analytics

This article was adapted from one of our previous virtual FP&A Summits, featuring Amit Kurhekar, Head of Data at MoneyLion.

Unless you’ve been consistently offline over the last few years, you’ll know that the financial industry is undergoing a significant transformation driven by AI and machine learning technologies.

This revolution isn’t just about adopting new technologies but about changing how financial services and processes are delivered and experienced by consumers.

In this article, we’ll explore some of the most compelling AI and ML strategies in finance with use cases to show how they work in real-life scenarios.

Whether you’re a financial professional or simply interested in the evolving landscape of FinTech, this article offers valuable insights into the intersection of finance, AI, and digital transformation.

Case study: Day in the life of ‘financially savvy’ John

Let me introduce you to John. He considers himself to be very financially savvy, he’s in his 30s, intelligent and he uses a smartphone like so many of us.

One day, he receives a notification on his phone that reads:

“John, your utility bill of $50 is due tomorrow. Do you want to pay now?”

A few seconds later, another notification comes through,

“John, your net-worth increased by 1% last week with Apple stock making the maximum gains.”

John gets on with his day. He goes to work, enjoys chatting to his co-workers, and then in the afternoon, he notices yet another notification on his phone. This one says,

“John, you have excess balance in your savings account. Invest 20% of the amount to earn an extra 8% vs keeping in your savings account. Invest now?”

These are smart notifications and nudges and in today’s financial world, it’s a reality. If you’re not using technology to help improve your finances, you’re missing out. 

By embracing AI and ML, you can make a huge impact not just in your role but also in your daily life.

Pillars of digital transformation 

Within digital transformation, there are emerging technologies. Most companies are utilizing these emerging technologies to drive and improve consumer experiences. These include things like internet of things (IoT), robotics, AR/VR and Cloud.   

Before 2020, not many people were working online or working from home, and then almost the majority of the IT workforce moved into remote working. The transformation from almost everyone working in-office to everyone working remotely because of Covid meant that many people had to embrace technology in new ways. There was a huge mobilization of IT and IT infrastructure. 

I think that both AI and ML are critical pieces that are enabling today’s world. So, a part of that could be coming as simple as receiving smart nudges throughout the day on your smartphone or you could even have nudges to help you forecast numbers for your financial forecast.

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[darlingkeyzblog]

Financial Technology (Fintech) for Women Entrepreneurs in Haiti

The rise of financial technology (fintech) is revolutionizing how women entrepreneurs in Haiti access capital, manage their businesses, and grow their enterprises. For a country with limited traditional banking infrastructure, fintech offers innovative solutions to empower women in business, bridging the gap between economic potential and financial inclusion. Here’s how fintech is reshaping…

[businesslistingph]

Exploring the Future of Finance with Open Banking

Exploring the Future oOpen banking has emerged as a revolutionary force, transforming the financial services industry. Open banking technology enables individuals and organizations to securely share financial data with third-party suppliers. This innovation opens up new opportunities for improved client experiences, increased competition, and the democratization of financial services. We will examine at the key components of open banking, including its merits, drawbacks, and the future of this disruptive trend.f Finance with Open Banking. Read more

[nationallawreview]

Lawsuit Challenges CFPB’s ‘Buy Now, Pay Later’ Rule

On Oct. 18, 2024, fintech trade group Financial Technology Association (FTA) filed a lawsuit challenging the Consumer Financial Protection Bureau’s (CFPB) final interpretative rule on “Buy Now, Pay Later” (BNPL) products. Released in May 2024, the CFPB’s interpretative rule classifies BNPL products as “credit cards” and their providers as “card issuers” and “creditors” for purposes of the Truth…

[xettle-technologies]

How Financial Education Platforms Can Help in 2024 ?

n the rapidly evolving landscape of finance, staying financially literate is more critical than ever. As we navigate complex economic challenges and embrace technological advancements, financial education platforms play a pivotal role in empowering individuals and businesses to make informed decisions and achieve financial well-being. This article explores the transformative potential of financial education platforms in 2024, with a focus on the integration of Fintech Software and the innovative solutions offered by Xettle Technologies.

The Importance of Financial Education Platforms:

Financial education platforms serve as invaluable resources for individuals and businesses seeking to enhance their financial literacy and capabilities. In an era marked by economic uncertainty, technological disruption, and shifting regulatory landscapes, these platforms offer a wealth of educational content, tools, and resources designed to equip users with the knowledge and skills they need to navigate the complexities of finance with confidence.

Leveraging Fintech Software:

One of the key drivers of innovation in financial education platforms is the integration of Fintech Software. Fintech solutions leverage cutting-edge technologies such as artificial intelligence, machine learning, blockchain, and data analytics to revolutionize traditional financial services and empower users with new capabilities and opportunities.

In 2024, financial education platforms are leveraging Fintech Software to enhance their functionality, effectiveness, and user experience. By integrating features such as secure payment processing, real-time analytics, personalized recommendations, and interactive simulations, these platforms are able to deliver more immersive, engaging, and impactful learning experiences to users.

Xettle Technologies: Leading the Way in Fintech Innovation:

At the forefront of this technological revolution is Xettle Technologies, a leading provider of Fintech Software solutions. With a focus on innovation, reliability, and customer satisfaction, Xettle Technologies offers a range of cutting-edge solutions designed to empower individuals and businesses to thrive in the digital economy.

In 2024, Xettle Technologies continues to push the boundaries of Fintech innovation, partnering with financial education platforms to integrate its solutions and enhance their offerings. Whether it's secure payment processing, advanced analytics, blockchain integration, or compliance solutions, Xettle Technologies provides the tools and expertise needed to drive growth, efficiency, and success.

How Financial Education Platforms Can Help in 2024:

Enhanced Accessibility and Convenience: Financial education platforms leverage Fintech Software to offer more accessible and convenient learning experiences. With mobile-friendly interfaces, on-demand access to content, and personalized learning paths, users can learn anytime, anywhere, and at their own pace.

Personalized Learning Experiences: Through the integration of advanced analytics and machine learning algorithms, financial education platforms can deliver personalized learning experiences tailored to individual preferences, goals, and learning styles. By analyzing user behavior, preferences, and performance, these platforms can provide customized recommendations, targeted content, and adaptive learning pathways that maximize engagement and effectiveness.

Real-time Insights and Feedback: Fintech Software enables financial education platforms to provide real-time insights and feedback to users. Whether it's tracking progress, monitoring spending habits, or analyzing investment performance, these platforms offer users valuable insights into their financial behaviors and decisions, empowering them to make informed choices and take control of their financial futures.

Gamification and Interactivity: Financial education platforms leverage gamification techniques and interactive simulations to make learning fun, engaging, and effective. By incorporating elements such as quizzes, challenges, simulations, and virtual scenarios, these platforms enhance user engagement, motivation, and retention, transforming the learning experience into a more immersive and enjoyable journey.

Comprehensive Content and Resources: With access to a vast array of educational content, tools, and resources, financial education platforms empower users with the knowledge and skills they need to succeed in today's complex financial landscape. From basic financial concepts to advanced investment strategies, these platforms offer comprehensive resources covering a wide range of topics relevant to users' needs and interests.

Conclusion:

In 2024, financial education platforms are poised to play an even more significant role in empowering individuals and businesses to achieve financial literacy and success. By leveraging Fintech Software  and partnering with innovative providers like Xettle Technologies, these platforms are delivering more accessible, personalized, and impactful learning experiences than ever before. As we embrace the opportunities of the digital age, financial education platforms stand ready to empower us all to navigate the complexities of finance with confidence and competence.

[patoliyainfotech]

How Tech is Transforming the Financial Industry

Are you curious about how the world of finance is changing as a result of digital finance? The most recent developments in technology are transforming every aspect of corporate operations and consumer experiences, ranging from big data and AI to blockchain and mobile banking. Financial institutions are competing for leadership positions as customized, on-demand services become more and more important in boosting consumer satisfaction, particularly among millennials and Gen Z. Digital transformation is essential for maintaining competitiveness, whether it be through quicker transactions, wiser choices, or game-changing goods. Interested in learning how these trends might help your company? Explore the potential of digital finance and its implications for the future of banking by reading our most recent blog!

[tradermade]

Is WebSocket the future of financial data delivery? https://tradermade.com/blog/will-rest-websocket-take-over-fix. As speed and efficiency take center stage, which protocol will dominate the future of financial markets? Dive into the battle of protocols and see which one rules the market!

[audreyracher]

Fintech Certification by AICPA: Elevate Your Finance Career

At CFO NeXT, we offer the Fintech Certification - AICPA, a cutting-edge program designed for professionals aiming to excel in the evolving financial landscape. This certification equips you with the essential skills to navigate and lead in the fintech industry. Covering topics like blockchain, AI, and digital payments, our course prepares you to leverage technology in finance, ensuring you remain competitive. With a comprehensive approach to learning, our expert-led program provides the knowledge and support you need to succeed. Whether you're a student or a professional, our Fintech Certification will help you stay ahead in your career.