The Key Mobile App Features to Consider for your Fintech App
Fintech, a term representing financial solutions empowered by modern technology, is now a multi-billion-dollar industry. Almost every major bank, financial organization and investment firm has a fintech presence. For most financial companies it is the mobile apps that remain at the forefront of the fintech revolution they take part in.
Fintech Companies: Are They a Threat to Banks?
The financial industry is changing rapidly, with new innovations forcing legacy banks and fintech challengers to be more competitive. Which will survive?
Latest Trends in The Fintech Industry and What to Watch For
In the last 10 years, there has been swift growth in the fintech industry (the industry that creates programs and technologies that support banking and financial services companies). The technology has been fully adopted by financial services in the past several years and it is now integrated within most financial institutions’ operations.
Why fintech offers a different kind of career for finance professionals
There are plenty of cliches about careers in finance, one of which is that traditional finance firms can be pretty stuffy, structured, and hierarchical environments. And, like all cliches, there’s a strong element of truth in there. Fintech carries its own cliches, of course. These are creative environments with a relaxed dress code – think fun and dynamic workspaces and flexibility when it comes to when and where you’ll work from.
How FinTech can foster financial inclusion as our preference for cash wanes
Is cash dead? Not yet. The majority of people in most countries – roughly 75 per cent of the world’s population – still conduct most transactions with cash. Nonetheless, a massive transition to digital payments is under way. According to a recent survey by management consultancy McKinsey, 58 per cent of Middle East consumers strongly prefer digital payment methods, while only 10 per cent strongly prefer cash.
The Unstoppable Rise Of Fintech-as-a-service
Today, the technologies that fintech (financial technology) companies are rolling out are invariably in hot demand. Lending institutions seeking additional agility to deliver cutting-edge solutions are increasingly looking to new, nimble tech start-ups to advance their own business functionality, with innovative products and services such as digital-payment solutions, mobile banking, wealth management and insurance products among the most highly sought after.
Are You an Aspiring Woman in Fintech? Here are 5 Tips from Industry Leaders to Help Your Career
t is an exciting time to be in the financial technology space. As the sector has gone from strength to strength, we are witnessing a distinctive move towards a digital society and leading fintech firms have become household names. Today over 70% of digitally active adults in the UK use a fintech service – well above the global average.
The Rise Of Community Fintechs And How They’re Redefining Community Banking
Fintech startups like Chime, Aspiration, and Daylight are emerging to take on traditional banks—that’s not new news. What many people don’t realize is how they’re changing the definition of “community” in banking.
Under The Fintech Hood—Back Office Suppliers Enable U.K. Fintech But Do They Also Innovate?
The poster children of the U.K. and European fintech sector tend to be customer-facing businesses—the likes of Revolut, Monzo and Starling bank to take just three examples.
Can Fintech Solutions Further Partner With Banks in the Middle East & Africa?
The rise of fintech has seen its adoption across much of the world – even in traditionally minded banks and the wider financial services sector as a whole. Can solutions in fintech further partner with banks in the Middle East and Africa (MEA) across improving the wider customer and internal journey?
What is Fintech, and How has Fintech Transformed the Banking Industry?
Fintech is ruling the world and is one of the most promising industries with a CAGR of 23.41%, from 2021 to 2026, as per Market Data Forecast. Thus, it is essential for any businessman dealing in financial institutions to have a sound knowledge of Fintech.
Europe’s fintech M&A ‘boom’: What the data tells us
It’s a good time to be a fintech-focused VC. Over the past six months in Europe, there have been €22.6bn worth of exits, making a lot of investors mighty rich, according to PitchBook data.
Embedded finance won’t make every firm into a fintech company
A short decade after software started eating the world, along came headlines about every company becoming a fintech thanks to innovation and growth in embedded finance business models.
What do Starling Bank, Checkout.com, Klarna and PensionBee have in common? They’re all fintechs of course.
It might seem strange that a publication like AltFi, which extensively covers the world of fintech, would need to ask the question: what is fintech? But, in the first of a new weekly series, we are going behind the buzzword to unpack the jargon and phrases that often obscure what we’re really talking about… starting with “fintech”.
Championing Women in Fintech - Why and how?
Fintech is a forward-facing industry driven by innovation. Increasing evidence demonstrates that diversity and inclusion results in more creative and innovative environments. Evidence also shows that firms with women in senior roles outperform firms without female representation, both in terms of innovative solutions and the firm’s bottom line.