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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan. Four finalists were shortlisted in each category.

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When Micro Supply Chain Frictions Create Major Payment Bottlenecks

PYMNTS

While the payment method is far from efficient — paper requires manual data entry, expanding the risk of mistakes and fraud and taking up valuable time — it’s often the actions before the actual act of payment bogging up cash flow. That could mean improper invoicing, delays or errors in manual data entry, or lost documents.

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

Market participants could access more reliable data at a lower cost. Data is encrypted and stored on a blockchain, which means Imbrex does not control it and cannot alter it — contributed data is controlled solely by the listing party. All data, except for public information like property location, is confidential and encrypted.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

For example, Zoom has been criticized for critical vulnerabilities in its security protocols, including video calls being hacked, lack of end-to-end encryption, and in-app surveillance. In May 2020, micro-investing app Acorns followed suit, adding a Spend Account alongside its investment and retirement products.

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