Blockchain Technology Speeds Up and Secures Financial Transactions

September 20, 2016

The underlying technology behind bitcoin, Blockchain is a decentralized database that consists of “blocks” or containers that contain time-stamped and valid transactions and are linked to previous blocks in a data chain. Blockchain is a digitized and automated technology that is considered tamper-proof, since anyone can verify that a transaction has been made (a user’s signature is attached). Only the user, though, can unlock the container to get access to the data.

Spotlight

Mashreq Bank

Mashreq has been providing banking and financial services to millions of customers and businesses since 1967. We are one of UAE's leading financial institutions with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. We focus on providing our customers access to a wide range of innovative products and services…

Other Infographics
news image

Unscrambling the U.S. Auto Debt Explosion

Infographic | December 16, 2019

Owning a car should make life much easier. But while automobiles have become a modern necessity, for others, it’s a costly amenity. This infographic, courtesy of CarPaymentCalculator.net, shows how automotive debt has grown rapidly due to rising vehicle prices, longer loan terms and consumers increasingly opting to trade in vehicles with negative equity.

Read More
news image

GAINING A SPECIALTY BANKING EDGE IN SMALL BUSINESS BANKING

Infographic | December 24, 2019

Small Business owners across the United States are asking for relationship-based services that local banks and credit unions already provide. By layering on digital innovation and tools, community based financial institutions are ready to compete in an often-overlooked segment.

Read More
news image

Open Banking Tech Platform Valuations at All Time High as Investors Eye Future Opportunities

Infographic | November 19, 2021

Open banking technology platforms exhibit double and triple-digit revenue growth (figure 1) These platforms showcase triple-digit revenue multiples: Truelayer, Railsbank and Tink have valuations of more than 100x revenue (figure 2) High M&A and funding activity drives growth and valuation, and the cards schemes are also in the game (figure 2) Data aggregation and payments are the most common use cases, followed by personal finance, credit scoring, and business management (figure 3) Open banking platform services largely address banks and select verticals such as iGaming, insurance, and property management today. Payments and credit scoring are the most applied services across many verticals (figure 4)

Read More
news image

The Top Financial Centers In The World

Infographic | February 3, 2020

A number of core financial hubs are anticipated to underpin the future of finance. Although New York maintains the top spot, some executives surveyed believe that the top financial center could shift to Shanghai, Singapore, or Hong Kong.

Read More
news image

How growing consumer demand for tech solutions is accelerating innovation in financial services

Infographic | January 29, 2020

This is a preview of recent Fintech research from Business Insider Intelligence. Business Insider Intelligence offers even more fintech coverage with Fintech Pro. Subscribe today to receive industry-changing finance news and analysis to your inbox.

Read More
news image

Future Aspects of Digital Banking

Infographic | March 29, 2023

The future of digital banking, which has revolutionized the banking industry and looks promising, offers a convenient, secure, and fast way to access financial services.

Read More

Spotlight

Mashreq Bank

Mashreq has been providing banking and financial services to millions of customers and businesses since 1967. We are one of UAE's leading financial institutions with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. We focus on providing our customers access to a wide range of innovative products and services…

Events