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“Game changer” Jargon Bank celebrates approximate milestone– FinTech Futures

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My … how we missed you On the acid-stained and bike gang-infested streets of London, challenger Jargon Bank has reappeared from the shadows to deliver another announcement of mind-numbing futility.For those lucky adequate to have prevented this”video game changer “bank so far, let’s get you as much as speed.Jargon Bank launched in 2016 providing “engaging and ingenious” products– and right away irritated every reporter it contacted.Last year it thrilled us with a< a href=https://www.bankingtech.com/729602/game-changer-jargon-bank-updates-an-app/ target=_ blank rel=noopener > payments app update; an office move in March; a cat fooling its voice biometric system in Might; and the visit of a sales director in July. A number of us had actually assumed (or hoped) it had actually failed and faded from view like a third-rate ITV comedy that the channel non-stop produces on its conveyor belt of mediocre “skill”. Sadly, such thoughts, as harmful and vicious as they were, were dismissed when an e-mail from the UK opposition appeared in our bulging inboxes. Jaws dropped, tears were shed, and swear words were said at its appearance. The latter occurs many of the day anyway.In its latest lengthy and laboriously written press release, the bank reveals that it now has 50,000 users …

Blockchain revolutionising the fintech capital of India

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The blockchain is the invisible technology that is radically transforming the future of the world economy and gaining traction in the capital markets industries. Big corporations are racing to build blockchain platforms. The technology will disrupt the future of digital transformation across industries and businesses. The blockchain is a digitized, distributed, decentralized, and incorruptible public ledger of all digital assets and economic transactions that are recorded in chronological order within a worldwide network called peer-to-peer (P2P) of distributed ‘nodes’ or computers. In a nutshell, the key advantages of a blockchain are authentication, transparency, and auditing which eliminates the existence of the intermediaries. Major financial institutions and tech giants are carrying out blockchain technology driven innovations. It has been adopted by several industries, including the banking industry and financial firms. That’s because blockchain has the ability to allow multiple parties to transfer and store sensitive data in an environment that is anonymous, secure, permanent, and easily accessible. This system simplifies the expensive, paper-heavy and logistically complicated financial operations such as cross-border transfer, remittances, shareholder management, securities trading, and ownership exchange. In India, the state of Andhra Pradesh is the flag bearer of blockchain technology. Andhra Pradesh aims to be seen as …