Financial technology (Fintech) is used to represent new technologies that look to advance and automate the delivery and operation of financial administrations. Mainly, fintech helps companies, businesspersons, and clienteles to deal with their financial tasks, processes, and lives by using specific calculations and programming. Fintech is a word derived from…...
The Importance Of Humans In Fintech
Fintech startups are revolutionizing old industries with new technology. But the most successful brands in this category are and will continue to be those that recognize the importance of human-powered service. These brands will win customer trust for the long run by supplementing and enriching their tech solutions with knowledgeable…...
Top Five Fintech Predictions for 2020
The last decade has been incredible for fintech, with advancements being made across a range of areas including retail banking, wealth management and, in particular, payments. To give some perspective, in 2019 we saw 64% of consumers worldwide using one or more fintech platforms, nearly twice the amount of those taking…...
WE NEED FINTECHS NOW MORE THAN EVER
Whilst the sun is far from setting on the COVID-19 pandemic, predictions and hopes for a new “normal” are shimmering on the horizon. Amid the trail of devastation left by the virus, there has to be some semblance of change and positivity to be taken. One such shift is…...
Bank Of The Future: How Banks And Fintechs Are This Decade’s Unlikely Duo
Rewind the clock (to say 35 years ago from today) and cinemas were opening for the first time to the iconic time-traveling antics of Back to the Future. Looking at Doc and Marty and knowing their contrasting personalities – one an eccentric inventor and one a streetwise kid – you wouldn’t think their…...
When FinTech Goes Free-Range
Fintech started as tech for financial firms, but the needs of consumers for other money-related activities had already started to broaden its range. Will COVID-19 and a recession mean a retrenchment or an expansion for broader consumer fintech? The history of fintech is long, centuries even, depending on what you consider “technology.” Even…...
What does survival of the fittest mean for fintechs in a post-COVID-19 world?
Coronavirus (COVID-19) is an unprecedented test of the resilience of businesses large and small. The crisis has plunged vast swathes of the global economy into a deep freeze. But when the markets thaw, will the world will be a different place, or will we fall back into existing trappings? Many…...
Why every company will soon be a fintech company
One day, every company will be a fintech company. Companies will be offering financial services to their customers as a way to generate another revenue stream, personalise the customer journey and improve the overall user experience. In this article, I’ll be covering three reasons why companies that have nothing to…...