Facebook course corrects Libra blockchain to appeal regulators

Facebook, the social media giant, had unveiled ‘Libra blockchain’ in June 2019. Soon after the launch, Libra started receiving backlash from all nooks and corners. The central banks and regulators...

The impact of COVID-19 on the Fintech industry

COVID-19 has left the world alarmed and confused as the global economy has come to a halt. Numerous industries are witnessing dramatic revenue losses. The fintech industry is no exception. Fintech...

How businesses are using technology to fight coronavirus

The sudden emergence of coronavirus or COVID-19 has left the world alarmed and confused. Out of 195, the virus has infected 192 nations across the globe. Amidst the lockdown, the virus has created a...

The impact of COVID-19 on the Fintech industry

COVID-19 has left the world alarmed and confused as the global economy has come to a halt. Numerous industries are witnessing dramatic revenue losses. The fintech industry is no exception. Fintech has greatly affected services including banking, insurance and...

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Technologies driving Fintech in the year 2020

Banking and financial services for the last few years have turned fast-paced with the adoption of technology. Fintech is said to be the epicentre of this change. Companies including Google, Facebook, Uber, and Amazon have entered the fintech realm, which is developing...

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Celebrating Akeo’s 8 glorious years

It’s the time of the year when the entire Akeo comes together to celebrate the successes of the past year. The event began with a bang with a speech from our Chief Innovation Officer, Ashish Gupta. “We always have the scope to create possibilities in our life. But do...

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Peer to Peer lending driving growth for SMEs

Access to formal and affordable channels of credit has always been a problem for small and medium enterprises (SMEs). It remains one of the most painful points among SMEs in major countries, including India and the US. Despite their significant contribution to the...

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Hyperledger Fabric 2.0 – What’s new?

Hyperledger has recently announced the updated version of its most popular blockchain framework – Hyperledger Fabric. The new version is called Hyperleder Fabric 2.0 and comes equipped with a number of features to make it more user-friendly and secure.    This is the...

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Financial data opening the market for new possibilities

Until recently, financial data has remained an untapped powerhouse of insights. Since Open Banking gained traction in Europe and several other continents, this data is empowering customers instead of being locked away in banks’ vaults. Data insights have become a part...

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Blockchain use cases for KYC and AML

Know Your Customers (KYC) and Anti-Money Laundering (AML) are some of the most critical compliances all banks and financial institutions must adhere to. To meet KYC/AML compliances, they are required to maintain specific records of their customers to prevent money...

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Alternative finance to fuel industry growth

Even though banks remain key players in the finance industry, alternative finance and online lending platforms are witnessing immense growth. According to the report by the Federal Reserve, alternative lenders garnered around 32% of all business loan applications in...

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