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Can Traditional Banks Stop Fintechs From Eating Their Lunch?
Date: April 6, 2022
By Greg Cohen, CEO & chairman of Fortis For decades, banks fulfilled a vital role in the economy, lending money, providing credit, handling deposits and facilitating withdrawals for consumers and businesses. Financial institutions, especially larger ones, have profitable investment banks too, but receivables, payables and ultimately serving as a treasury department in business and consumer...
How Can FinTech Provide the Answer to Industry Compliance?
Date: April 5, 2022
By Kris Simpson, Head of UK B2C for Cool Company Financial services compliance is one of the greatest hurdles for scaling businesses. It’s integral, but it can be difficult to manage for startups and SMEs without the power of the larger, more established companies. If you don’t have the wherewithal to employ a dedicated team...
The Future of FinTech Is Niche
Date: April 5, 2022
By Matt Spoke, Founder & CEO @ Moves Financial Think about the way people manage their money today. Nearly everything is done online, or through an app—or multiple apps. People transfer funds, pay bills, invest, and manage their portfolios all from the convenience of their smartphones. This is a far cry from the way that...
International SMBs Are Switching Off From Banks – to Keep Them Loyal, Banks Should Seek Partners
Date: April 4, 2022
By Steve Naudé, Head of Product, Wise Platform Banks have many different customers – from everyday people to big corporate behemoths. But there are few that they talk about with more love than small businesses. It seems as if every other marketing campaign caters to this audience – rightly so, small businesses are the main drivers...
Embedded Finance Is a Game Changer for Cross-Border Payments and the Remittance Market
Date: April 1, 2022
By Philipp Buschmann CEO and Co-Founder of AAZZUR Traditionally cross border payments have been known to be cumbersome and unsecure. For the many thousands of people who live abroad and send money home, cross-border payments are the norm, but for recipients in developing countries, they can be fraught with difficulties. The remittance market is huge...
Fsi 2022 Predictions
Date: March 24, 2022
By Adrian Poole, Head of Financial Services Google Cloud Platform UKI Here are five trends in financial services that will be in the forefront of change in 2022 for the UK market. Fintechs & Embedded finance will become the new normal As a result of the pandemic, we’re beginning to see people starting to trust...