Fintech products succeed because they offer convenient alternatives to existing financial services. That said, not every fintech product will satisfy customers. Sometimes entrepreneurs focus so much on creating an innovative service that they forget to prioritize basic elements of a strong digital experience. It’s important not to overlook such elements. Those who have launched successful… Continue Reading
Anyone who has studied the impact that emerging technologies have had on the retail market understands that e-commerce has significantly impacted the popularity of brick-and-mortar shops. Thus, it’s easy to understand why some people assume this trend will naturally continue. They believe that as technology continues to develop, shoppers will be less and less interested… Continue Reading
Managing money isn’t easy. Between regular monthly expenses and personal purchases, it can be difficult to set aside enough money each month to save for long-term goals, like buying a house or retiring. That doesn’t need to be the case. Fintech companies have already helped small businesses acquire the capital necessary to expand. Now, there’s… Continue Reading
It’s easy to understand why customers embrace fintech products. They simply offer a degree of convenience that traditional financial institutions can’t match. However, that doesn’t mean fintech companies never encounter roadblocks when trying to bring their products to the market. When you offer a financial service, you must navigate a regulatory landscape that is often… Continue Reading
The fintech industry is booming. No one who has studied the trends can deny that fintech products are overtaking those offered by traditional financial institutions, thanks to the degree of convenience they offer customers. The industry also offers the possibility of good jobs in an exciting, growing field. Thus, it’s a great idea for young… Continue Reading
The fintech revolution is in full swing, and traditional financial institutions have realized they must adapt in order to stay relevant in a changing market. This adaptation may involve cooperation between banks and fintech startups. Startups can offer enhanced services thanks to new technology. However, banks can help startups navigate the regulations that naturally apply… Continue Reading
Fintech products succeed because they offer users clear benefits that extend beyond simplified and convenient alternatives to existing financial services. In fact, it’s becoming increasingly clear that fintech can dramatically improve the lives of people throughout the world. As this blog has previously pointed out, fintech-based lending companies are helping small business owners access the… Continue Reading
As anyone who is following the fintech revolution knows, companies offering alternative financial services are thriving for many reasons. Primarily, they provide a degree of convenience that traditional financial institutions often can’t match. That’s why Wall Street is starting to take notice. While this blog is by no means offering investment advice (you should consult… Continue Reading
The term fintech technically applies to a wide range of products and technologies. One thing they all have in common, though, is the impact they have on traditional financial institutions. Strong fintech products offer customers convenient alternatives to essential services. Many banks and firms have struggled to keep up. Fintech-based lending companies, for example, have… Continue Reading
Perhaps unsurprisingly, one of the main reasons fintech has been so successful is that it helps unbanked and underbanked people gain access to financial services. Unbanked people are those who make no use whatsoever of traditional financial services, while underbanked people are those who take minimal advantage of them. Estimates indicate that approximately 2 billion… Continue Reading