Category Archives: Saving

This Is How Young People Benefit from Fintech

This Is How Young People Benefit from Fintech

Starting a career and taking on the responsibilities of adult life is difficult. This is true whether you begin your career immediately after high school or a few years later after graduating college. Moving out, learning how to balance a budget, and juggling all the daily expenses that your parents or guardians used to handle… Continue Reading

These Are Overlooked Reasons People Love Fintech

These Are Overlooked Reasons People Love Fintech

It’s not hard to understand why fintech products have grown in popularity in recent years. They offer a degree of convenience that banks and other traditional financial institutions can’t match. Obviously, such products are going to be attractive to customers. However, convenience isn’t the only reason more and more people are embracing fintech. The following… Continue Reading

What You Need to Know about Fintech’s Impact on the Global Economy

What You Need to Know about Fintech’s Impact on the Global Economy

If there was still any lingering doubt over whether or not fintech is revolutionizing the financial services industry, recent news likely changed that. In 2017, venture capital investments in the fintech sector reached an all-time high of $27.4 billion. That’s an 18 percent increase from 2016. As this blog has pointed out before, this particular… Continue Reading

Why It’s Smart to Invest in Fintech

Why It’s Smart to Invest in Fintech

We’re in the middle of a technological revolution, one that includes the undeniable success of fintech. That said, there are still some people who would try and convince you that fintech is little more than a fad. Often, these people have a vested interest in halting the disruption of the financial services industry. Yet, it’s… Continue Reading

This Is How AI and Fintech Will Help Financial Advisors

This Is How AI and Fintech Will Help Financial Advisors

Fintech is thriving. That has a lot of people excited. Consumers are thrilled to be getting more convenient services, innovators are interested in creating their own companies, and investors are seeking opportunities to take advantage of this technological revolution. Of course, not everyone’s happy. Many working in the traditional financial services industry fear that the… Continue Reading

This Is Why It’s Hard for Banks and Fintech Startups to Collaborate

This Is Why It’s Hard for Banks and Fintech Startups to Collaborate

The debate has been settled: yes, a fintech revolution is occurring. In other words, traditional financial institutions can no longer dismiss the potential for massive industry disruption. They must adapt or die. Many agree that the best way to adapt is to collaborate with fintech firms, instead of trying to beat them at their own… Continue Reading

How Banks and Fintech Startups Can Benefit from Collaboration

How Banks and Fintech Startups Can Benefit from Collaboration

With fintech startups poised to earn record funding this year, it’s clear that traditional financial institutions will have to adjust to the changing landscape of the marketplace. While some may dismiss banks as dinosaurs that are ready to go extinct, others believe that both fintech companies and banks can benefit from collaborating with one another.… Continue Reading

This Is the Astonishing Way Fintech May Change the Economy Forever

This Is the Astonishing Way Fintech May Change the Economy Forever

If history is any indication, whenever a population gains access to a new financial service, it impacts the overall economy. That’s one of the many reasons why fintech is such an interesting subject. Trends suggest that fintech services – especially those designed for mobile devices – won’t be a passing fad. No one can predict… Continue Reading

How Fintech Will Change Banking in a Big Way for Many People

How Fintech Will Change Banking in a Big Way for Many People

A significant portion of the population remains “unbanked” or “underbanked” due to a variety of factors. They may not have any trust in traditional financial institutions or they may lack the financial resources to afford a bank account, for example. Unbanked individuals are those who don’t use any traditional financial services, like bank accounts, while… Continue Reading