Fintech

A collection of 12 posts

Fintech

Fintech 2024: the Future of Finance

Driven by digital innovation and changing consumer behavior, the financial technology industry saw strong growth in 2023. Fintech companies are significantly changing the financial services landscape. They introduce new cutting-edge technologies that feature customer-centric value propositions delivered via agile and versatile teams. Today, we want to highlight the top financial technology trends that could reshape the financial sector in 2024.

Fintech

The future of online lending in the era of global digital ecosystems and crises - Banks & Fintech part 3

Today, when technology is developing rapidly, and people are more and more immersed in the world of mobile devices, there is more and more talk that traditional service providers, especially financial ones, will give way to young and more mobile fintech companies (online lenders and neo-banks). In addition to fintech companies that have already become part of the financial services world, we should not forget about large Internet companies, both global (Google, Amazon, Facebook and Apple, so-called GAFA), and local, which have a large share in each separately selected country or group of neighbouring countries, for which financial services are not the main and significant source of revenue. These companies have accumulated a huge client base and an array of information for each client, and they already offer various financial services that were previously considered traditionally banking.

Fintech

Banks & FinTech Companies, Enemies Forever – or Are They? Part 2

In our article about banks and financial companies development strategy we touched the subject of business growth speed and innovation adoption speed. Today we will continue this conversation and consider from a different angle: we will discuss the differences between banks and fintech companies in terms of operational management, and also how this affects product development process and effect for the customer.