Paxful looks back on five years of bitcoin growth

Global peer-to-peer bitcoin marketplace Paxful has announced its official 2019 growth metrics. On its platform, Paxful sees bitcoin (BTC) trades denominated in most national fiat currencies across methods such as gift cards, bank transfer, and online wallets. The...

How blockchain is disrupting the insurance industry

Most insurers have started exploring the opportunities the blockchain can deliver to their business. With 81% of insurers globally familiar with the technology, some areas of focus are fraud prevention, the digital tracking of medical records, and developing smart...

IoT and its role in insurance

By the end of this year, forecasts anticipated that there will be more than 14-billion Internet of Things (IoT) devices in use with that number expected to reach 25-billion by 2021. Furthermore, the global market for IoT is projected to grow significantly between 2018...

Myths and realities of fintech lending

Fintech start-ups have transformed the market for consumer lending in the US and other mature credit markets, by giving people an alternative way of borrowing money without having to go through a bank or a traditional lending institution. We see a similar trend...

Reviving SA’s payments infrastructure

In the 1980s and early 1990s, South Africa was viewed as having one of the most modern payments system in the world. By Martin Grunewald, executive head: payments business at BankservAfrica Since then, we haven’t necessarily kept up with continuous modernisation...

Dawn of the insurtech era

After a long period of debate as to whether the hype is justified, the time of insurtech is at hand, with innovators in this sector helping to reinvigorate insurance with tech-driven business models that completely transform the customer experience. That’s the...