by Sourcetoad | Jul 9, 2024 | AI, Financial Services
The world has changed a huge amount since the launch of ChatGPT 3 in November of 2022. Almost every sector of the economy has new startups popping up like tiny mining towns along an AI railway during a new gold rush. But the place where the convergence of artificial...
by Sourcetoad | Feb 27, 2023 | Financial Services, Trends
The financial services industry experienced rapid digitization throughout the COVID-19 pandemic, and growth of the financial technology market is expected to continue in 2023. The global fintech market grew to $158.9 billion in 2022, and projections estimate it will...
by Sourcetoad | Oct 6, 2022 | Financial Services, Trends
In Part 1, we talked about the rapid growth of Buy Now, Pay Later (BNPL) and discussed its expansion across industries. In Part 2, we will consider how impending regulation may shake up the short-term lending space. Impending Regulation of BNPL While consumers...
by Sourcetoad | Sep 8, 2022 | Financial Services, Trends
If you’ve shopped online recently, you’ve probably noticed an increase in financing options being offered at checkout. An increasingly popular option, “Buy Now, Pay Later” (BNPL) services offer instant short-term loans at point-of-sale (POS), often without interest or...
by Sourcetoad | Mar 3, 2022 | Financial Services, Trends, Uncategorized
The COVID-19 pandemic has rapidly accelerated the digitization of the financial services sector. As with many other industries, global lockdowns forced financial institutions to quickly adopt remote services and expand their digital capabilities to continue meeting...
