FinTech

Multi-currency Notes in Kuwait International Bank  

Kuwait International Bank (KIB) has revealed that it has installed a new multi-currency ATM at Kuwait International Airport, this is what is said to be advanced banking. This action aligns with the Bank’s comprehensive strategy to strengthen its ATM network with cutting-edge technology. KIB is working on enhancing its services to meet the client’s needs […]

“Banking Is Necessary, Banks Are Not,” Bill Gates

Gaining the favor of clientele who are growing more informed and selective; this is the name of the game. Technology is playing an increasingly pivotal role in reshaping banking customers’ behavior. They now are enjoying more control over their finances, and greater flexibility. This is thanks to an expanded range of personalized tech solutions now available, which […]

Is Generative AI Ready for Banks to Dive In? 

 Prominent big banks at the Money 20/20 fintech conference in Amsterdam are carefully exploring the potential of generative artificial intelligence (AI) technology. Despite recognizing its transformative power, these financial institutions, including the Netherlands’ ABN Amro, exercise caution due to the inherent risks involved. Executives and industry experts gathered in Amsterdam’s conference center to discuss the […]

The Inevitability of the Fintech Reckoning

The Fintech reckoning was bound to happen. The industry has been growing steadily since the 2008 financial crisis, but the COVID-19 pandemic was the leading enabler of forced integration into a fragile economic situation. The quicker they climb, the harder they fall. Financial technology (Fintech) has been a growing industry since the late 1960s, even […]