Fast backward to ancient Babylonia, 1800 BC give or take several hundred years (yeah, no historic accuracy for us here). Imagine you are a farmer named Abum-kila-ilim, and you need a loan because the latest harvest wasn’t spectacular, your livestock is underfed, and you… you’re quite likely underfed as well. Where would you go? That’s right: to the shrine of Shamash, the sun-god and the lord of justice and righteousness!
Payment providers (or payment gateways) are legion, so it is really easy to fall a victim to analysis paralysis while trying to choose the one that will power up your business. You should decide which payment provider to use based on the type of service you provide and a market you want to target.
Recently updated on April 21, 2026If you are reading this article, you probably realize the vast potential of digital finance and want…
Java dominates work interviews; 90% of Fortune 500 companies use Java; Java reigns over the Finance industry; it is quite possible that one of your acquaintances learns Java; even your smart fridge most likely runs on Java. Java is everywhere and for a reason. This language is armed with everything required to create reliable and viable applications of all sorts and Fintech stuff in particular.
American Financial Sector gets cyber attacked “over a billion times a year,” stated CEO of PayPal and a chairman of Symantec, Dan Schulman, in this interview. In 2017, Banks lost $16.8 billion to cybercriminals according to Javelin report. The number of Data Breaches reported by UK financial companies to Financial Conduct Authority “rose 480% in a year” according to RPC report.
Recently updated on April 21, 2026Preparing and examining financial records, ensuring that taxes are properly paid, monitoring regulations, maintaining company records in…
Transferring money from point A to point B sounds easy on paper. In practice, the process is simple only when it’s two people who are close to each other and have enough cash. Money transfers can be quite a hustle, especially if it’s an international transfer, and it’s neat when software can handle this hustle for you.
Recently updated on April 21, 2026People seem ready to go all-in with a cashless style of life and forget about clunky wallets….
The majority of people still ‘bank’ in an old-school traditional way with often visits to the departments, cumbersome or expensive P2P money transfers, and the unmistakable fragrance of bureaucracy. Though there is still some style to traditional banking due to its exquisite institutional posturing, old buildings with classical tang, and ages-long history of intricate financial manipulations, the views and desires of people shift towards the magnetic convenience of mobile-only banking apps.