Fintech

Investing Made Easy: Exploring the Best Robo-Advisors for Smart Investors

Samiksha Jain May 27, 2023

Are you ready to revolutionize your investment approach and maximize your profits? Consider robo-advisors—the AI-powered automated investment advisor that uses algorithms to provide financial advice and manage investments. They are typically much cheaper than traditional advisors, and they can be a good option for investors—even beginners—who are looking for an automated and efficient way to manage their portfolios.

SAS Makes Billion-Dollar Investment in AI-Driven Industry Solutions

Jumpstart Team May 17, 2023

SAS, an analytics company, has unveiled a strategic plan to invest US$1 billion over the next three years towards the development of advanced analytics solutions. With a focus on meeting the specific needs of industries such as banking, government, insurance, healthcare, retail, manufacturing and energy, SAS aims to enhance its offerings and strengthen its position in the market.

7 Exciting FinTech Innovations That Are Changing the Way We Bank

Samiksha Jain May 8, 2023

Innovation in the financial technology (FinTech) space has reached new heights, thanks to the rise of technology. With the rapid transformation of the financial industry, FinTech companies are at the forefront of this change, using technology to disrupt traditional banking and offer innovative solutions to meet our financial needs.

Decoding the Jargon: Explaining 10 Popular Tech Terms You Need to Know

Samiksha Jain May 2, 2023

Technology has transformed our lives in countless ways, from the way we work and communicate to the way we shop and entertain ourselves. But with all the incredible innovations and advancements come a whole host of confusing tech terms that can leave even the savviest of users scratching their heads. Fear not, as we have compiled a list of ten popular tech terms and simplified them into easy-to-understand explanations.

The Hidden Costs and Risks of Copy Trading You Need to Know

Kamya Pandey April 5, 2023

Copy trading has been gaining popularity in the world of finance as an investment strategy where one trader’s position is automatically copied by another trader’s account. With numerous platforms available, both in the cryptocurrency and foreign exchange (forex) markets, it has become easier for new investors to copy the investment strategies of seasoned investors.

The Dark Side of Crypto Casinos: An Examination of Online Gambling with Cryptocurrency

Kamya Pandey March 12, 2023

As of 2021, the global online gambling market has reached a staggering US$57.54 billion. The mainstreaming of blockchain technology has been a driving force behind this growth, particularly with the use of cryptocurrency in online gambling. With faster transactions and enhanced security measures, cryptocurrencies have become a favorite among gamblers seeking anonymity.

Adani vs Hindenburg Scandal: What Exactly Happened, and Will Adani Recover?

Alinda Gupta February 16, 2023

In 1988, Gautam Adani, a school dropout, launched Adani Enterprises. The primary focus of the conglomerate’s portfolio remained transport and energy, then expanded to mining, airports and more. Adani was so successful in the venture that last year, he was crowned the richest man in Asia and the third richest worldwide, with US$120 billion to his name.

The Mysterious Deaths of Crypto Millionaires

Kamya Pandey February 15, 2023

Nearly everyone aspires to make billions of dollars on crypto investments. Still, only a few have been able to accomplish this. In 2022, a mere 19 crypto trailblazers made it to the Forbes Billionaire list.

The Path Forward for Hong Kong’s Smart and Sustainable Development

Kamya Pandey February 3, 2023

For Hong Kong to elevate its status as a world-leading innovation hub, it needs to continue to evolve as a smart and sustainable city. The reason is simple: Smart city initiatives can serve as a catalyst for start-up-led innovation, particularly from the city’s already well-developed fintech sector.

Fintech Startups: 3 Challenges You Need to Be Ready for before Launching

Samiksha Jain January 19, 2023

FinTech startups are on the rise nowadays. Thanks to innovative technologies like blockchain and artificial intelligence (AI), it’s easier than ever to revolutionize the finance sector. However, getting a FinTech startup off the ground is far from simple. It requires immense amounts of research and planning in order to be properly ready for launch.

What Are the Problems with Digital Currencies?

Alinda Gupta January 12, 2023

The past few years have seen digital or virtual currencies come to the fore, thanks to the rise of cryptocurrency. Basically, digital currency is money that only exists virtually. Arguably the most popular, crypto is not the only digital currency in circulation today. There’s also central bank digital currency (CBDC), i.e. currency launched by central banks of countries, and stablecoins. As per a survey by the International Monetary Fund (IMF), over 100 countries out of its 159 members are exploring CBDCs in the near future.

The 5 Most Traded Currencies in the Forex Market in 2022

Sandeep January 11, 2023

The Forex market is one of the fascinating markets that exist in today’s global economy. With its expanded trading hours, hundreds of different possible trading pairs and incredible liquidity, it makes for a very fast-paced and dynamic trading ground. Some currencies are traded much more than others, however, for a range of reasons including the strength and growth of the economy and the perceived safety of the currency. We look at five of the most traded pairs of currencies in the Forex market in 2022.

Top 5 Crypto Predictions for 2023

Kamya Pandey January 11, 2023

After a turbulent year of market crashes and bankruptcy filings from firms like FTX and BlockFi, things have not been looking great for the crypto market. Many cryptocurrencies crashed hard in the past year. For instance, on December 31, 2021, Bitcoin was worth US$46,224.39, but as of December 20, 2022, it was only trading at US$16,794.

Why Are Smart Contracts Useful

Jumpstart Team January 3, 2023

At the fundamental level, a smart contract is a set of digital codes used to trade assets without intermediaries. Say you want to create a smart contract. In this case, you or the other party involved would have to digitally code the smart contract and its parameters, with both of you agreeing to the smart contract rules.

The Rapid Rise of FinTech in India

Sandeep January 2, 2023

India is one of the world’s fastest-growing economies and speedily emerging FinTech hubs. As of June 2022, the country had around 4,200 FinTech startups, 17 of which were unicorns, i.e. companies that reached a valuation of US$1 billion without being listed on the stock market. In comparison, China is home to only 13 FinTech unicorns. There are many more Indian startups on the brink of the US$1 billion dream, dubbed “soonicorns”, a testament to India’s flourishing FinTech industry.

Top 5 Best Crypto Mining Platforms

Kamya Pandey December 28, 2022

As we have discussed in previous articles, crypto mining can be a lucrative business if you go about it the right way. When it comes to Bitcoin, miners receive 6.25 Bitcoins as a reward for every block mined (as of writing this article). As per the exchange rate at the time of writing, a single Bitcoin is worth US$17,330 which means that a miner would typically make US$108,312 per each block they mine.