For the most recent details about the financial market, technology used in finance, and much more, iTMunch is your up-to-the-minute source. Keep reading iTMunch for the latest finance news!
Revolutionizing FinTech: The Digital Transformation Journey
The financial technology sector is not immune to the disruptive effects of digital transformation. The industry is now more customer-focused and cutting-edge, thanks to the proliferation of digital technology. Digital service provision allows financial institutions to meet the needs of their stakeholders and end users...
Former Stripe Programmer’s $4 Million Funding Boost
Beam, a business that has only been around for five months, has acquired $4 million in a venture fundraising round headed by Accel to make it easier for general contractors to pay their subcontractors and be paid themselves. The company’s creator and primary investor have...
Top Fintech Trends That Will Define Finance In 2023
As time passes, we will see a greater emphasis on making access to financially beneficial innovations available to the general public. Fintech’s future is bright, but the sector still faces several obstacles. In the fiscal year 2021–2022, for instance, $8.8 billion was lost to fraud,...
Starbucks Members in the U.S. Can Now Purchase NFTs on Polygon
Key points: Global coffeehouse company Starbucks has announced that its members can buy NFTs on Polygon in the U.S. Members will now be able to buy and earn digital collectible stamps as NFTs. Every digital stamp named the Starbucks Odyssey will have its ownership verified...
5 Important Blockchain Trends Shaping 2022 and Beyond
Where there is technology, there is evolution. Where there is evolution, there are new trends. The latest buzzword in the financial tech (FinTech) industry is blockchain. Blockchain technology has generated heaps of curiosity over the past few years and for good reasons. At present, blockchain...
Revolutionizing Finance with Automated Invoice Capturing
What Is Invoice Processing In AP Automation? Several organizations have used invoice processing automation software to simplify account payment operations. Payments may be processed in minutes when invoices are processed automatically. This is accomplished by automatically extracting data from incoming invoices and inserting it into...
Microsoft Claims Sony Pays Blocking Rights
Microsoft has said that Sony pays for “blocking rights” to prevent third-party developers from contributing their work to the Xbox Game Pass platform. The startling allegations are included in papers (Word doc) presented to Brazil’s national competition commission as a component of an inquiry into...
10 Outstanding Crypto Portfolio Management Tools of 2022
The crypto space has exploded in the past few years primarily driven by its accessibility. Despite recurring hiccups, the number of crypto users has increased consistently worldwide. Do not believe us? Check these numbers out. The global crypto users saw a staggering growth of 178%...
Ethereum Merge slated to launch in September
Key Points: The Ethereum merge is likely to be complete between September 15 and 20. Ethereum developers have confirmed this. The most popular smart contract network has completed the final tests for the update. All tests were conducted on the Goerli testnet on Wednesday. The...
Cutting-Edge FinTech Applications: Ushering in a New Banking Era
The rise of fintech in the last couple of decades has been incredible. Driven by technological advancements, today’s financial technology or fintech space seeks to improve customer experience, minimize fraud, and provide better financial security. Fintech is also instrumental in reshaping the modern-day banking industry,...
