Traditional investment strategies are made with the aim of short-term financial returns and not long-term ESG impacts. The narrow focus can involve investments in companies that degrade the environment and people and embrace poor governance practices. Investors are looking more and more for ways in which their portfolios can be aligned with their values and … Read more
Traditional banking systems are generally siloed, where most of the customers do not have access to or control of their financial data across different institutions. This lack of transparency and interoperability, respectively, has led to inefficiency, small product offerings, and a less-than-perfect customer journey. Besides, due to the flow of financial information—that is, a restriction … Read more
Traditional services of financial advice often involve the difficulties of high fees, limited accessibility, and the potential conflict of interest. Ability to get tailored financial advice is pretty hard to access, especially for those investors who have smaller portfolios. This may lead to nonoptimal investment decisions, thus hampering the path of long-term financial growth. Moreover, … Read more
The majority of people lack minimum knowledge and skills for making informed decisions in their finance. Low financial literacy has caused poor money management, high debt, low savings rate, and inadequate retirement planning. Lacking strong support in financial principles and practices, individuals are easier targets for socioeconomic storms and financial crises, some of which could … Read more
Companies, due to the competitive and dynamic market, had wrestling with millions of problems relevant to sustaining efficiency, innovation making, and fulfilling growing customer demands. Traditional methods of data analysis, customer service, and operational management can be time-consuming, error-prone, and inadequate to support the dynamics of modern industries. SMEs in particular demonstrate ineffectiveness because of … Read more
Traditional financial systems are centralized, relying on intermediaries such as banks and financial institutions. This inherently opens doors to inefficiencies and high transaction fees, in addition to shutting out, for many around the world, access both inbound and outbound. Moreover, traditional systems could be prone to censorship, are not that transparent, and shut out people … Read more
The key challenge for the wealth management industry today lies in keeping up with the changes in the financial environment. The conventional methods of wealth management were typically not very good at digesting and reducing large amounts of data to supply efficient portfolio management and at giving mass customization advice. Inaccessibility and high costs further … Read more
Access to capital is one of the fundamental constraints to growth that an entrepreneur or innovative startup has to surmount for financing growth and development. Traditional sources of funds, such as bank loans, may be out of reach due to either high risk or lack of collateral. In addition, early-stage companies find it very hard … Read more
A large number of mature businesses and established companies need appropriate capital to fund expansion, restructuring, or other strategic activities. This may not always be feasible or adequate through traditional means that are available: bank loans and public equity markets. More than that, such firms often need help on strategic rather than financial grounds in … Read more
The promise of the stock market is wealth creation; however, how to pick the right stocks feels to most like navigating a stormy sea. With over 43,000 listed companies, it can be pretty hard to pick out what to buy. Understanding the two approaches to picking stocks—active and passive investing—empowers individuals like you to make … Read more