Category: Talking fintech

In the last part of June, the world of fintech was hit by a storm with Facebook, Inc. announcing its own cryptocurrency called Libra. If you follow what’s happening with startups and in the crypto space, you might already know that and, you’ve also probably seen a countless number of articles with the most disparate opinions around it, with experts saying that it would either make cryptocurrencies mainstream, while taking advantage of the huge 2.4 billion users registered on Facebook, or at the opposite – that this might be a bad thing for the development of crypto; that this could prove to be helpful for financial inclusion or again, on the contrary – that this could turn out to be a serious threat for people’s privacy and financial stability, a concern that’s been expressed by different central banks and governments. Continue reading Facebook’s Coin: Cheat Sheet

One of the greatest misconceptions about the wealthy and elite are that they were all born into it. While many may have been, surprisingly, many have not.

In any event, those who are currently living off of their family’s legacy still have parents, grandparents, great grandparents and beyond who earned that fortune for them, so it’s important to recognize that wealth is accessible to anyone.

The key is to be smart about it. While we can’t promise that you’ll become a millionaire overnight with these healthy finance habits, we can guarantee a steady and gradual return on your hard-earned dollars. Continue reading The Top Healthy Everyday Finance Habits of Wealthy People

Managing Director of the International Monetary Fund (IMF) Christine Lagarde recently gave an insightful speech at the G20 seminar on financial innovation – Our Future in the Digital Age – hosted in Fukuoka, Japan. Ms. Lagarde talked about the defining moment for Asia and the rest of the world in terms of adapting and regulating financial innovation. In her speech she also highlighted some of the largest potentialities of fintech, mentioning financial inclusion as one of them, while also raising some concerns about the stability of the financial system, especially with the turmoil that the entrance of big tech firms, such as Google, Amazon, Facebook and Apple, can cause. Let us take a look at some of the other key points that she touched in her opening remarks.  Continue reading Are Big Tech Companies a Problem for Financial Stability?

Saving for retirement may not be the most exciting or glamorous task. But the money you save now will give you greater control and freedom in the future.

When most people think about saving for retirement, they think about pensions, tax-advantaged/personal retirement savings plans, and government assistance. If you really want to grow your money, however, it is worth looking into other additional or supplemental investment options. Continue reading How to Wisely Manage Your Retirement Savings

Time is flying and yet another amazing summer has already started. While it’s a season when it is more than okay to slow down a bit and have some time off, it is also a good time to get inspired and recharged, for example, by attending some very cool events, and planning the schedule for the upcoming months as well. Here we have prepared a selection of some of the best fintech events taking place in the next quarter around the world. Pick your favorites, and get ready to pack your bags. Continue reading Top Fintech Events of Q3 2019

Life is all about the unexpected, and our finances are certainly not immune. Unforeseeable expenses like medical bills, auto repairs, and fixing up a home can take a devastating bite out of our budgets.

One answer to this problem is to have a stash of emergency cash set aside to help shield us from the negative effects of these unanticipated events. But is an emergency fund always the way to go? Continue reading Investing Your Emergency Fund—Yes or No?

If you want to watch your wealth grow, investing is the way to go. The problem that many people encounter, however, is getting the process started. That’s why we’ve put together this quick step-to-step guide on how to start the rewarding path of being a successful investor. Continue reading Becoming an Investor: Step-by-Step Guide for Beginners

Fintech has not lost its momentum, and we can see it convincingly continuing its triumphal march further down the road with new startups, more investments and more concrete use cases. For those of you who are into fintech, we drew up a list of some of the best reports of 2019 covering the evolution of the financial technology market, published by some of the top companies whose names are very well known worldwide. Continue reading The Best Fintech Reports of 2019

Building wealth is an essential financial goal for most people, and if it’s not currently, it should be.

Building wealth, in theory, is a simple concept. It’s about making decisions that will allow you to build on the money you earn over time. If you don’t focus on building wealth, you’re only ever going to be able to save the money you earn. On the other hand, by utilizing concepts like compounding interest, you grow your earnings to accumulate and grow over time.

Along the way, there are decisions to make regarding the best ways to invest, how to save more money, how to make more money, and more. Here are a few basic tips to keep in mind about managing your finances and growing your net worth. Continue reading How to Manage and Boost Your Overall Net Worth Down the Road