Financial Technology

ProWallet Is Building A Better Payments System For The Construction Industry

Construction cash flow is broken, and the problem is severe. The industry is plagued with antiquated, disjointed processes that make it hard for parties to track and collect payments promptly. As the industry has grown, so has the risk associated with these process problems, bottlenecks, and decentralized payment structures. Several factors can disrupt the flow …

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AWS Advances Financial Services In The Cloud: News From Re:Invent 2022

Last week, 50,000 people convened in Las Vegas, and another 300,000 gathered virtually around the world for AWS re:Invent, one of the most anticipated tech events of the year. Chief Analyst Patrick Moorhead and Principal Analyst Anshel Sag attended live in Vegas. Other Moor Insights & Strategy analysts and I attended events virtually as AWS made several announcements throughout the week. The …

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Ceridian Dayforce Wallet Provides Flexibility For Financially Stressed Employees

Financial stress among employees is becoming a significant problem for companies and is costing billions of dollars in lost productivity. Ceridian, a global leader in human capital management (HCM) technology, partnered with the Financial Wellness Lab of Canada to create a survey of more than 4,200 workers across the United States and Canada to analyze three clusters of people—Stressed, …

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Envestnet Advisor Summit Highlights “The Intelligent Financial Life”

Today’s financial advisor clients and investors are tech-savvy, demanding transparency and embracing change more willingly than previous generations. However, even the less tech-savvy had to adapt to a digital-first financial landscape during the pandemic and are increasingly embracing financial technologies for banking, payments, investing, and more. According to a 2021 Plaid report, 95 percent of millennials …

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Keeping An “AI” On Fintech: AI-Based Use Cases Poised To Take Financial Services To The Next Level

Over the past few years, the business world has increasingly turned towards intelligent solutions to help cope with the changing digital landscape. Artificial intelligence (AI) enables devices and things to perceive, reason and act intuitively—mimicking the human brain, without being hindered by human subjectivity, ego and routine interruptions. The technology has the potential to greatly …

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Fintech And Farmland: How Fintech Platforms Are Allowing Retail Investors To Dig Into Land Investments

Land is one of the oldest investment classes in existence, with the ability to generate massive wealth over many generations. While the value of gold or stock markets can decline more than 40% to 50% in any given year, farmland has shown positive returns and low volatility year after year. $10,000 invested in farmland in …

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