The fintech revolution has undeniably had a positive impact on society. Some of the benefits it has brought to customers are obvious. For example, mobile payment and banking apps have made it much easier for the average person to manage, send, and request funds. There are also numerous benefits of fintech that are only visible… Continue Reading
It’s not hard to understand why fintech products have grown in popularity in recent years. They offer a degree of convenience that banks and other traditional financial institutions can’t match. Obviously, such products are going to be attractive to customers. However, convenience isn’t the only reason more and more people are embracing fintech. The following… Continue Reading
Fintech has already dramatically changed how many people access and make use of financial services. With the latest electronic technology, people can now apply for business loans, create budgets, and transfer funds more easily than ever. Thus, it’s likely no surprise that fintech is also changing the way people invest their money. While we’ve yet… Continue Reading
Users embrace fintech products because they offer a greater degree of convenience than traditional financial service providers do. As such, fintech leaders should always pay attention to developing technologies that can they can integrate into their services. Voice recognition is one such technology. Thanks to improvements in natural language processing, machine learning, and similar innovations,… Continue Reading
If there was still any lingering doubt over whether or not fintech is revolutionizing the financial services industry, recent news likely changed that. In 2017, venture capital investments in the fintech sector reached an all-time high of $27.4 billion. That’s an 18 percent increase from 2016. As this blog has pointed out before, this particular… Continue Reading
In the past, this blog has demonstrated how fintech products can help small businesses grow. As evidence, consider the fact that fintech lending companies often have access to large amounts of data about potential borrowers, while many traditional financial institutions do not have access to this information. Thus, when determining whether or not a small… Continue Reading
As fintech continues to replace traditional financial services, some have voiced skepticism about not only the usefulness of these products, but their safety as well. While there are many people who try to dismiss fintech because it threatens banks and related institutions, others make what may seem to be valid points. For instance, come critics… Continue Reading
We’re in the middle of a technological revolution, one that includes the undeniable success of fintech. That said, there are still some people who would try and convince you that fintech is little more than a fad. Often, these people have a vested interest in halting the disruption of the financial services industry. Yet, it’s… Continue Reading
Fintech is thriving. That has a lot of people excited. Consumers are thrilled to be getting more convenient services, innovators are interested in creating their own companies, and investors are seeking opportunities to take advantage of this technological revolution. Of course, not everyone’s happy. Many working in the traditional financial services industry fear that the… Continue Reading
Although almost anyone can benefit from fintech, Millennials have often been the earliest adopters of some of the more successful fintech products. This makes sense. Young people who have grown up with the internet, smartphones, and Netflix all expect a degree of convenience that many organizations can’t offer. Startups that leverage the newest technology to… Continue Reading