Peer-to-Peer Lending Vs. Bank Lending

Do you need to borrow money? Traditionally, people have turned to their local bank to take out a loan for a range of commodities like a house, car, or even a luxury vacation. In the past several years, peer-to-peer lending has become popular due to the banking crisis that has affected people’s ability to borrow Read more about Peer-to-Peer Lending Vs. Bank Lending[…]

What is Fintech & Its Benefits?

Fintech is reshaping the way financial services take place in the 21st century.  What is Fintech?  Investopedia defines fintech  (or financial technology) as “a portmanteau of financial technology that describes an emerging financial services sector in the 21st century.”  These services typically consist of banking activities that are in an online format that are but Read more about What is Fintech & Its Benefits?[…]

Advantages of Mobility in Banking

Advantages of Mobility in Banking include: Customers can perform transactions securely on mobile and web apps, and multiple security checks are in place. Banks can effectively advertise their financial products and tools to their customers. Employees in banking have upgraded their working process with smartphones and tablets. Banks can sync up with app development companies Read more about Advantages of Mobility in Banking[…]

Why Collaboration Between Banks and Fintech is the Right Step Forward

A few years back, it was predicted that fintech would make banks slowly disappear. Industry professionals predicted that 40% of revenues and 60% of retail bank profits were threatened by fintech rivals. But in recent years people believe that banks and fintech can work together.  People label the age of fintech in “three waves.”  The Read more about Why Collaboration Between Banks and Fintech is the Right Step Forward[…]

How Changing Consumer Needs Are Shaping Financial Services

Technological innovation led by fintech companies is shaping consumer expectations and demands in the financial industry. Banking customers want better service and optimized convenience when dealing with their finances, and they know technology can provide them with that. These expectations and demands are forcing banks to innovate their financial services to keep their customers satisfied. Read more about How Changing Consumer Needs Are Shaping Financial Services[…]

Will Fintech Require Regulation?

Fintech is a rapidly evolving sector that has increasingly drawn the attention of many regulators. Even though President Trump has promised to reduce regulations across the economy, it is speculated that fintech could expect to face quite the opposite trend. This industry is growing at a fast pace. A Business Insider Intelligence found that “in Read more about Will Fintech Require Regulation?[…]

Zikher Will Participate in Queen City FinTech Accelerator!

Zikher Will Participate in Queen City FinTech Accelerator!  Zikher is excited to announce its participation in Queen City FinTech among a class of financial technology startups!  San Francisco, CA. Zikher was selected along with twelve other fintech startups to participate in the Queen City Fintech accelerator program in Charlotte, North Carolina. This year, the program received an Read more about Zikher Will Participate in Queen City FinTech Accelerator![…]

Credit Unions & Their Benefits

If you’re wondering what credit unions are and want to know everything about them, then you’ve come to the right place! Investopedia defines a credit union as, “a member-owned financial co-operative that is created and operated by its’ members and profits are shared amongst the owners.” Credit unions are similar to banks in the sense Read more about Credit Unions & Their Benefits[…]

Millennials vs. Traditional Banking

Millennials are looking for banks that will give them that personal touch of banking and will judge banks based on their digital capabilities. If we are going to select a bank, an institution that will be responsible for managing­­ our money, you better believe that we are going to do our research and learn everything Read more about Millennials vs. Traditional Banking[…]

Financial technology Small banking fintech banking industry Dodd-Frank Act Dodd-Frank Repeal Pros & Cons: Repeal of The Dodd-Frank Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is a financial reform legislation passed by the Obama administration to decrease risks in the country’s financial system, in response to the financial crisis of 2008. In his presidential campaign, President Donald Trump vowed to repeal Dodd-Frank, and increase bank lending. The possible reasons Read more about Financial technology Small banking fintech banking industry Dodd-Frank Act Dodd-Frank Repeal Pros & Cons: Repeal of The Dodd-Frank Act[…]

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