Fintech is rapidly reaching new heights as consumers continue to switch over from traditional in-person banking and embrace new solutions such as e-wallets, mobile banking, and cryptocurrency. In fact, in just one year, the fintech market grew from an estimated $105.41 billion in 2021 to $131.95 billion in 2022, as stated by Market Data Forecast. By 2026, this fintech industry is projected to grow to $324 billion at a compound annual growth rate (CAGR) of 25.18%.
HOLLYWALL FINTECH
Bitcoin’s next move up will be explosive, says Crypto analyst – but there’s a catch
A closely followed crypto strategist is predicting that Bitcoin (BTC) will undergo one more market correction before making a massive move to the upside. Pseudonymous analyst Credible Crypto tells his 346,700 followers on the social media platform X that Bitcoin will likely dip down to at least the mid-$26,000 level, but remain in an overall upward channel. “‘Corrective’…
Is AI revolutionizing cybersecurity? The answer isn’t as clear.
By Mark Guntrip Peruse last quarter’s press releases from top cybersecurity vendors, and it’s hard to miss the focus on artificial intelligence (AI) and machine learning (ML). According to these vendors, traditional security tools are getting boosted by advanced algorithms that can analyze large amounts of event and behavioral data to trigger automated decisions that…
Shoe Carnival Declares Increased Quarterly Cash Dividend
Board of Directors Increases Quarterly Cash Dividend by 20 percent to $0.12 Per Share EVANSVILLE, Ind.–(BUSINESS WIRE)–Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend of $0.12 per share, representing an…
Brands Making Customers Work Too Hard—and it’s Affecting Customer Loyalty, J.D. Power Finds
Inaugural Study Finds Widespread Challenges across Multiple Industries and Customer Touchpoints TROY, Mich.–(BUSINESS WIRE)–In the modern customer service environment, easy and frictionless make for a winning combination, but engaging with customer service can feel like way too much work for many customers. According to the inaugural J.D. Power U.S. Cross-Industry Customer Service Experience Study,SM released…
Transparency: The key to a successful bank-fintech partnership
By Lauren McCollom and Danny Cepin· Fintechs and banks are not adversaries. They actually have more in common than not. While it is patently true that the rapid digitization of financial services has been an upset to traditional banking, a cohesive partnership between banks and fintechs is proving to be the future of the banking industry. Over…
How Fintech can drive efficiency in business
By Shiva Ganesh The pursuit of efficiency has become a fundamental objective for organizations across industries in today’s rapidly evolving business landscape. Amidst this pursuit, financial technology, or fintech, has emerged as a transformative force that holds the potential to revolutionize operational efficiency in businesses. In this article, we’ll discuss the remarkable ways in which…
6 technologies shaping the future of Fintech for small businesses
By Miles Oliver Transformative technologies are shaping the future of finance for small businesses. While financial technology may not be anything new, it’s rapidly evolving to meet the needs of individuals and businesses. As the economy continues to evolve along with financial management, it’s important to understand the future of fintech and its impact on small…
Leaders to Examine Health Care’s Technological Tipping Point: Northwell Health Hosts Sixth Annual Constellation Forum in NYC
Leaders from the Clinton Foundation, National Institutes of Health, Medtronic, Pfizer and others join Northwell Health to discuss how science, AI and technology are driving health innovation NEW HYDE PARK, N.Y.–(BUSINESS WIRE)–Health care is approaching a scientific and technological tipping point, poised to cross into an age of artificial intelligence (AI) and supercomputing. To explore…