In the busy world of financial technology (fintech), traditional banks are facing tough competition from small and agile fintech startups, especially in specific areas. This change shows the rise of new and creative products made for certain groups like gig workers and other markets that are often overlooked, shaking things up in banking. Meeting Special…
In the dynamic realm of finance, Artificial Intelligence (AI) emerges as a transformative force, reshaping how fintech products and services are conceived, developed, and delivered. By harnessing AI capabilities, companies are ushering in a new era of innovation, marked by personalized experiences, streamlined operations, and robust revenue growth. Unlocking AI’s Potential Artificial Intelligence, encompassing machine…
Introduction Imagine your customer sitting in a cozy café in Rome, sipping on his favorite coffee. He opens an app to check his latest remittance to his family. A series of colorful charts and graphs greet Him, telling a story far more powerful than numbers alone. These visualizations not only show the EGP amounts transferred but also…
Imagine you’re at the helm of a burgeoning international company, navigating through the tumultuous waters of global finance. One wrong move, and you might find yourself caught in a whirlpool of legal issues and hefty fines. Understanding and complying with international payments, anti-money laundering (AML), and know-your-customer (KYC) regulations isn’t just about avoiding penalties—it’s about safeguarding your company’s integrity and…
On July 18th, 2024, a seemingly innocuous configuration change within Microsoft Azure, the cloud computing giant’s platform, triggered a domino effect that sent shockwaves through the global financial system. What began as a minor glitch snowballed into a near 19-hour outage, crippling vital services for businesses and individuals worldwide, particularly in the rapidly evolving realm of…
Forget flying cars and robot butlers – the real future of finance might lie buried beneath the sands of time! Buckle up, because we’re taking a whirlwind tour through ancient Egypt, not to ogle at pyramids, but to unearth the surprisingly modern money moves of the Pharaohs. Believe it or not, these sun-baked innovators laid the groundwork…