Sentences with phrase «of fintech companies»

Blockstack Joins the Growing Number of Fintech Companies That Use the Blockchain to Streamline Mainstream Finance
Bahrain's list of fintech companies will also include cryptocurrency - led firms, who want to establish a proper infrastructure in Bahrain
Canada's Big Six banks themselves are less likely to feel the need to innovate, insulated as they are against the competitive agitation of fintech companies by their market position and regulatory balustrade, and cognizant that Canada's venture capitalism industry — usually the fuel for fintech — is far less fulsome than America's.
With that said, the arrival of fintech companies and their increased competition has forced older banks to modernize their service.
Members of the roundtable stressed the importance of looking at the entire life - cycle of a fintech company when discussing possible gaps in access to capital.
For now, the practice of using data aggregation for streamlining the application process is more typical of fintech companies like Quicken's Rocket Mortgage and Kabbage.
My second experience was shortly after law school, as part of the startup team of a fintech company in Silicon Valley.
Speaking to CNBC, Dr. Julian Hosp, co-founder of fintech company TenX, predicted that Bitcoin would see even higher peaks and lower dips in the next year, stating:
One of the essential aims of that move was also to ensure best practices in the industry while not affecting the growth of fintech companies.
The young company are currently receiving advice from Zak Allen of fintech company Shogun Enterprises, Alex Atallah from OpenSea.io, a peer - to - peer crypto market, and financial services advisory company Card Linq's Jonathan Gelfand.
The fact that these incumbents use antiquated tech propels the rise of fintech companies who utilize technology to make financial services more efficient and could potentially disrupt the financial services industry.
Blockchain however, has caught not only the eye of fintech companies, but the traditional incumbents as well.
The head of fintech company Ripple Labs Brad Garlinghouse has criticised the recent initiative of four major banks to create the blockchain - based Utility Settlement Coin for interbank settlements.
Fortunately, scores of fintech companies are ready to help.
While a good number of fintech companies are capitalizing on smart contracts through the Ethereum blockchain, Da Hongfei, co-founder and CEO of NEO, says its technology shows better promise in terms of high certainty, high scalability, and better compatibility across applications.
For example, a lot of fintech companies have not been able to get the cost of customer acquisition down low enough for what the customer will return to them over a reasonable period of time.
Blockstack joins a growing number of fintech companies that want to use or adapt the blockchain technology of Bitcoin to enhance the efficiency and lower the cost of traditional banking and financial systems.
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