• Latest
Financial Technology

5 Financial Technology Examples You Should Explore Today

March 13, 2022

Sanctions against business: How sanctions solicitors help companies to restore their activities?

April 3, 2025
Richest Men in the World

Top 19 Richest Men in the World, 2025.

March 24, 2025
Insolvent

How to Recognise When Your Company Is Insolvent (and What to Do Next)

February 26, 2025
photography business

How to Start a Photography Business with No Experience?

February 21, 2025
Google Business Profile Posting

Does Google Business Profile Posting Improve Rankings?

February 17, 2025
Start a Clothing Business Online

How to Start a Clothing Business Online with no Money?

February 14, 2025
Bank Business Accounts

How Many Bank Business Accounts Can You Have in the UK?

February 10, 2025
James Dooley

Why is James Dooley the Best Business Lead Generation Expert​?

February 7, 2025
Business in the Philippines​

Can Foreigners Open Up Business in the Philippines​?

February 3, 2025
Remove Your Business from Google

How to Remove Your Business from Google: Easy Guide for Success

January 31, 2025
Brand Identity

The Essentials of Building a Strong and Memorable Brand Identity

January 28, 2025
Business in Pakistan

What Paper I Need to Run a Business in Pakistan 2025

January 27, 2025
  • About Us
  • Contact Us
  • Write for Us
  • Privacy Policy
Tuesday, May 20, 2025
Business2News
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food
No Result
View All Result
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food
No Result
View All Result
Business2News
No Result
View All Result
Home Technology

5 Financial Technology Examples You Should Explore Today

Editor by Editor
March 13, 2022
in Technology
0
Financial Technology

The financial industry seems to embrace technology. Often, when new tech emerges, you’ll see it operating as part of the financial world before it appears elsewhere.

In this article, we’ll talk about financial technology examples that you can learn about and use right now. If you don’t know about these yet or have not tried them, now might be a suitable time to give them a shot.

Table of Contents

  • Crypto Trading Apps
  • Mobile Banking
  • Digital Credit and Lending
  • Mobile Payment Options
  • AI for Commodity Trading

Crypto Trading Apps

Crypto trading apps are places where you can invest in crypto. You can buy, sell, or trade it. BlockFi is one of the more prominent ones.

BlockFi is an app where you can trade crypto forms. You can invest in some of the more popular ones, like Bitcoin and Ethereum. The app has an easy-to-use interface that lets you see what assets you hold there at any moment.

You can leave your crypto there if you don’t plan to trade it for a while, and it will accrue interest, just like cash would in a traditional savings account. For example, BlockFi currently gives you 4.5% APY on Bitcoin. That’s pretty generous, and you can expect that return regardless of whether Bitcoin rises or falls on the open market while you’re holding onto it.

Mobile Banking

Most banks have mobile apps at this point. In fact, you will likely not find any that don’t have an application, even the smaller, non-national ones.

Ally Bank is one example. Ally does not have any physical locations. That does make it somewhat of an anomaly in banking circles.

The system works well for them, though. Since Ally does not need to spend money building or renting physical spaces, they can pass the savings on to customers with higher interest rates on savings accounts, CDs, and so forth.

Ally’s mobile banking app lets you do things like deposit checks using a mobile format. You can check your account balances, request loans or lines of credit, or just about anything else you could do at a physical bank location. If you need to talk to someone, you can call a customer service representative through the app as well.

Digital Credit and Lending

You can now look into lending or credit allotments in a digital format as well. For instance, look at Kabbage, the fintech giant. They fund small business loans that you can apply for through the app or on their website. You no longer have to go to a bank and speak to someone there.

Kabbage can grant you a loan, or not, based on transactional data. You answer some questions, and the system can determine whether you’re a suitable loan candidate almost instantly.

Then there’s peer-to-peer lending, which is more popular than ever these days. You can use an option like Lending Club if you want to borrow or lend money to your peers. Users can loan each other money to use in business ventures without involving banks or credit unions.

Mobile Payment Options

Like mobile banking, mobile payment options are now widespread and easy to use. If you’re part of one of the younger generations, like Gen Z or a Millennial, you will probably prefer to pay for things using mobile apps instead of utilizing a credit card or carrying money around.

Peer-to-peer services like Venmo allow you to do that. You can learn how to use them easily enough, and you no longer have to take cash when you go out. That should make you feel safer.

Mobile point of sale transactions now numbers in the billions every year. That number should only go up as more time passes and more individuals embrace this technology.

AI for Commodity Trading

Mobile trading is on the rise. AI technology exists and forms big data’s backbone. This is a fintech that uses natural language processing. You have AI that can shift through massive data sets and tell you how to trade in a way that’s much more exact than anything that previously existed.

If you use this AI to extract insights from data, you’re less liable to make a mistake in your finances, especially if you’re trying to invest long-term. As a trader, you can run data sets through these AI programs and identify both trends and potential risk factors.

Fintech is big business, and there are always new forms of it hitting the market. Look into the ones that we’ve mentioned if you haven’t done so yet. Many of them are convenient and pretty easy to master.

Tags: AI technologyCrypto Trading AppsMobile Banking
No Result
View All Result

Most Popular

Girl with Dimples

11 Reasons Why You Should Marry a Girl with Dimples

March 19, 2024
p2p4u

12 Best p2p4u Alternatives Sites to Watch Online Sports for Free in HD Quality

March 29, 2024
Children’s Education

Dr Lola Tillyaeva’s charitable work in Uzbekistan showcases the importance of philanthropy for children’s education and healthcare in Central Asia post-Covid

March 31, 2022
Top Cartoons of the 50s and 70s

Top 10 Cartoons of the 50s and 70s – Famous Cartoons

March 29, 2024
HDonline and Its Alternatives

Top 24 Websites Like HDonline and Its Alternatives 2025

December 19, 2024
scph7502

scph7502.bin Bios Files the Best Bios Files Nowadays

March 29, 2024
Load More

Navigate Site

  • About Us
  • Contact Us
  • Write for Us
  • Privacy Policy

Brilliantly

SAFE!

business2news.com

Content & Links

Verified by Sur.ly

2022
No Result
View All Result
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food

© 2021- Business2news.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT