#fintech

We are moving to an era where all companies in every industry are becoming software companies. The implication of this transition means that there needs to be an accelerated focus on creating new application quickly and efficiently. Why should developers be interested in banking? Let’s find out.

Recently, we talked with David Brear about the seemingly inevitable clash between FinTech and the banking industry, his best guess at the industry’s next step, and what exactly happens if banks don’t change with the times.

How can one enable innovation in banking? The answer lies in convincing the end client that innovation is safe and banks are not taking any risks. Of course, this is easy to say but not that easy to execute.

No matter how you change the wiring, there is one major issue – ultimately, you need to take money from one bank and pay it into another bank. Still, the world is changing and alternative payment options are springing up like mushrooms after the rain. Let’s see where they are heading.

We’re super excited for Stefanos Zachariadis’ talk at JAX Devops. Here, he explains how to write some acceptance tests without any errors specifically for FinTech.

Make no mistake, the FinTech space is booming. But what makes it so important? We invited eight of the world’s biggest FinTech influencers to talk about innovation, a term heavily used to define the FinTech movement and offer a sneak peek into the future of finance.

Make no mistake, the FinTech space is booming. But what makes it so important? We invited eight of the world’s biggest FinTech influencers to talk about the growing relationship between FinTech and entrepreneurship and blockchain’s relevance in this context.

Make no mistake, the FinTech space is booming. But what makes it so important? We invited nine of the world’s biggest FinTech influencers to identify the biggest trends in Fintech and discuss whether it has managed to leave its disruptive label behind.

Make no mistake, the FinTech space is booming — it has changed the way we do business and it is constantly challenging banks’ supremacy in the financial sector. But what makes it so important? We invited nine of the world’s biggest FinTech influencers to weigh in on the love-hate relationship between banks and the FinTech scene.

IT is a must have for most banks these days – a massive change from its previous “optional” status. That being said, if banks are trying to win developers over, why shouldn’t the latter learn a bit about this sector? This JAX Magazine issue is packed with goodies — it’s our treat!

Who are the most influential FinTech people in the Twittersphere? After analyzing thousands of accounts, we created a list of people that every FinTech enthusiast or pro should be following.

The Depository Trust and Clearing Corporation, a firm which offers back-end trading services to countless Wall Street companies, announced plans to replace one of its central databases with a distributed ledger technology (DLT) framework. The project will not use Bitcoin’s blockchain —instead, it is building a distributed ledger which will be open exclusively to invited parties.

If the organization can give the IT team a tool that is useful to them and their role, and satisfy data governance requirements while, at the same time, meeting the requirements of finance and accounting professionals, the enterprise can achieve a win-win for all parties and, in so doing, ensure that everyone has the information they need to do their jobs.

Blockchain adoption is gaining momentum not only in banking but also in the enterprise. The first sign that 2016 was going to be a good year for blockchain was the amount of money invested into blockchain companies: almost $300 million in the first half of 2016. The second sign was that blockchain consortia began to spring up like mushrooms after the rain. But will it be smooth sailing from here on?