Cash still enjoys supremacy at the point of sale, but digital payment methods continue to grow, from wallets for mobile phones to wire transfers. Statista predicts digital payments will exceed $4 million in 2019 with a 12.7% YoY increase by 2023. Ecommerce’s evolution has led to the meteoric growth of online payments. According to Worldpay’s […]
Now that the hype around cryptocurrencies has subsided and capitalization of the cryptomarket has declined to US63 billion (as on January 20, 2019), it’s time to discuss how blockchain can shape fintech. Will consumers refuse cash in favor of decentralized substitutes? How soon will the banking sector adopt blockchain in its financial software? What are […]
The year 2017, that is quickly passing into the history books, has turned out to be quite the year for the FinTech industry. The year has become a milestone for FinTech companies as, according to EY’s report, 33% of clients in 20 different countries currently and regularly use a minimum of 2 FinTech services. In […]
Probably most of us learned about the concept of blockchain at the same time as the massive spike in interest to the bitcoin crypto-currency arose. Bitcoin literally does not come off the pages of news about the world economy and finances, therefore it is quite logical that the technology itself attracts a lot of attention. […]
Introduction Technology applied in the proper way can arouse pure astonishment. Artificial Intelligence is an example of how business can be revolutionized by extensive technical development. Innovecs conducted a great deal of research to gather all the information about AI advancements available at different sources in 2017. The visualization of the results can be accessed […]
Product: The product was established to take advantage of the unique environment set by the convergence of the following three trends: large amounts of assetprice-relevant information becoming available, Big Data technologies making it possible to process and make sense of this information, and Machine Learning technics reaching a point where Artificial Intelligence can now be […]
This year we saw a lot of publicity surrounding Bitcoin, cryptocurrencies, and decentralized management of data registries. A major factor was the importance of elements of anonymity and independence of payees as well as the relations between the market participants, with an accent on the removal of intermediaries. Major banks have been researching Automatization of […]
Product: The product is the first and only platform to offer a true, exchange-like experience for dealing in binary contracts. The unique platform offers you to buy and sell binary contracts directly to, or from, other clients. It allows you to easily view available offers from other clients or create your own offer – you decide […]
Product: United Trading Platform, which will be the part of the new electronic tender trading process was presented to the government. The product aims at becoming the top trading platform in Ukraine. The platform was developed according to the highest security, stability and high load requirements which meet the latest industry standards for similar systems.
Product: Web-solution aimed to improve cooperation between big insurance companies, independent insurance agents and brokers who represent big companies and companies/people who look for fast and simple insurance solutions nearby.