Month: December 2017

A flying rocket leaving the fintech year 2017 behind, thus symbolizing an end-of-year-review

Looking back: An End-of-Year Review for Fintech 2017

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You know you had it coming.

Your calendar told you well beforehand: This year is going to end soon. Which means the symptomatical end-of-year reviews are springing up all over the place.

We’ll contribute. While waving farewell to the old year, we’re looking back on our last 12 months of business. What did we experience? What did we achieve? And, looking at the whole picture, how has the fintech industry been holding up in 2017?

It will be a fintech end-of-year review featuring balancr then. Here are our highlights of 2017:

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A number of signs displaying the words InsurTech, RegTech, WealthTech, PensionTech, and PropTech

Beyond FinTech — 5 *Techs That Shake Up Their Industries

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FinTech does not always equal FinTech. The number of digital tools and technological advancements rejigging the financial sector would go beyond the scope of this article. If there is one thing that is true about most FinTech solutions, it’s their focus on “personal finance”. FinTech software often allows users to manage their finances on their own. He doesn’t need an intermediary anymore, such as a human advisor or a bank — although a robot advisor could still be thrown in.

Yet, when looking at the vast variety of technologies and software applications, one thing becomes clear: FinTech has quite a few peers running the show. They are *Techs in their very own right.

Let’s take a look at what we have!

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An ewallet, placed in between several stored-value powered apps, running on the foundation of CoreWallet

Use Case: Using CoreWallet for Stored Value Transaction Systems

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Modern life can in many ways be broken down into a series of transactions. We give something, like information, money or services, and we get a corresponding value in return. In that regard, time really is money. And so are stored values like virtual assets, loyalty points, kilometers driven and hours of usage.

Effective stored value management has become an important factor for online and offline businesses – all the more as customers interact with stored value systems on a daily basis too. 

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