FINTECH – CHANGING THE FINANCIAL LANDSCAPE

FINTECH is a portmanteau of the terms ‘Finance’ and ‘Technology’, and is used to describe businesses that create software and integrate modern technologies (AI, blockchain, data science etc.) into traditional financial sector with an aim to enhance, automate, secure and improve financial services and processes. Initially, FinTech referred to technology that was applied to the…

Impairment testing during & post COVID-19

The pandemic has spread globally at an alarming pace since the spring of 2020, and has significantly affected consumer behavior, shopping patterns, supply-chains, travel, etc, resulting in an adverse impact on lifestyles, markets, and the global economy. Many companies globally are struggling with low demand for their products and services. Covid-19 has acted  as a…