The Chinese government has invested billions in the telecom equipment manufacturer Huawei. In addition to being the world’s second largest smartphone manufacturer, the Chinese company supplies low-cost telecom equipment to much of the world, including many rural wireless providers in the U.S. A recent trade ban on Huawei’s equipment endangers the health of many small telecom businesses that operate in rural areas.
The fintech sector is making global news every day. New initiatives and innovations, from technology to advanced financial processes, stock and commodity trading, and more are the currency of this transformation.
Fintech has disrupted the financial industry positively. It has, among other things, allowed for faster and safer transactions and improved related processes across a range of sectors. Naturally, the question now is, where is fintech headed in the future? What other disruptions should we expect?
The trade finance landscape continues to change, and with that, comes opportunity. We took a review of the key 5 changes in 2019, and what this means for the industry.
The banking and finance landscape has changed considerably in the last couple of decades. At a consumer level, access to banking services has shifted to online and app, leading to the demise of high street bank branches.