December 31, 2015
As we are about to say goodbye to 2015 in a few hours, we at LTP are really proud to bring to you, our readers, the best of LTP’s work. We are committed to connecting FinTech and sharing our knowledge with the industry’s participants.
To share our happiness with you, LTP presents this list of the top 13 most popular articles published on LTP in 2015 with regard to page views. (This list is in no particular order.)
If you are wondering why there is so much buzz around blockchain and what the banks are doing with it, then this is the right place. The financial services industry is at the cusp of a major transformation and the aim is to enable transparent, secure and efficient financial services at lower cost. It’s important to note that apart from startups, many banks have been exploring blockchain in some way or the other. They have set up teams, they are doing experiments, they are investing time and money and they don’t want to be left behind. Banks are looking at utilizing the ledger system to enhance the current processes of various financial services. Read more
It won’t be wrong to say that APIs are powering some of the FinTech innovation engines. APIs are the answer to the question of how startups are able to build products faster these days. Most FinTech companies now float their products on cloud services so that they can access API data like an on-premise database. API approach lets fresh-off-the-boat tech companies and ever competitive developers innovate much faster on the built platform, as opposed to keeping their app development limited to compliance-inhibited, resource-strapped IT organizations. Read more
Interest in blockchain has been coming in from every corner of the world with major ones being banks and technology providers. Banks’ interest in bitcoin blockchain is seeing a huge uptick with the exploration of potential use cases for the distributed ledger system (blockchain technology).
When we published the industry’s first infographic/report on the various non-financial use cases of blockchain, the response for it was unprecedented with thousands of page views, thousands of social shares and numerous queries being sent to us. Thanks for such an overwhelming response. This is our third update to provide a comprehensive picture of the various applications that are being explored with blockchain.
It is now a known fact that the use cases of blockchain have been increasing by the day. There has Increasingly been a large number of ways in which real-world assets could be linked to the blockchain and traded digitally. Read more
A research study by Accenture and CB Insights stated the fact that global investment in FinTech ventures tripled to $12.21 billion in 2014 in one year. The emerging trends for FinTech include lending, money transfer, APIs, machine learning, blockchain, bitcoin, risk & security, biometrics authentication, payment processing and more. FinTech is evolving rapidly not only in the US but also in countries like China, India, Singapore, UK and Israel. Read more
Founded in May 2013, 21 Inc. is the first computer with native hardware and software support for the bitcoin protocol. Developers can use it to build bitcoin-payable apps and services. The embedded mining chip launched by 21 Inc. is called BitShare; it comes in a variety of form factors and can be used for micropayments, increasing chip sales and IP licensing, or as a new way for authentication. Read more
In September, we published an article (with an infographic) showing the announcements by different FIs and their partners (if any), along with the potential use cases of blockchain that they are exploring. It got some great feedback and thousands of shares; thank you for that. The article covered the banks and other FIs who have shown intent on blockchain from the period of 2013 to June 2015. Read more.
We at LTP have closely watched and observed the FinTech section. We have covered many developments in the FinTech space, and one of them is APIs. We have covered companies providing APIs services and it is now time to look at APIs from a different angle. Therefore, in this article, we have segregated APIs provided by different companies on the basis of their application in different segments. Read more
As the density of FinTech unicorns club grows over years with amazingly innovative solutions being democratized, there is a legitimate question raising – who is next? Or maybe what is next? It should not be a question, as there is a path that takes Fintech startups through the rapid growth to become unicorns one day (aside from truly disruptive solution or idea). Read more
The concept of blockchain has energized the financial services industry globally. The interest of financial institutions on blockchain is quite evident considering that Santander Bank has identified 20 to 25 use cases for the technology. The bank also estimated that the usage of blockchain by banks can reduce the infrastructure cost by up to $20 billion a year. Other banks such as UBS have set up a blockchain research lab in London, Goldman Sachs has invested in bitcoin startup Circle and NASDAQ is also experimenting with the technology. Read more
New York is rapidly growing as one of the world’s hubs of innovation. Some of the hottest FinTech startups are represented in New York and new entrants can find endless opportunities in the global trading center. The LTP team has been following the development of the industry and some of the most notable FinTech companies represented in the city. Read more
Machine learning is a type of artificial intelligence that provides computers with the ability to learn without being explicitly programmed. The science behind machine learning is interesting and application-oriented. Many startups have disrupted the FinTech ecosystem with machine learning as their key technology.
Singapore is one of the gateways of the Asian financial market with a rich FinTech ecosystem. Global financial services companies have their Asian satellites operating from Singapore. AmEx, Citibank, JP Morgan Chase, HSBC and numerous other international financial organizations operate in Singapore. Read more