Tag: neobanks
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What Problems Do Neobanks Face?
By Abay Serkebayev from CFPS. I don’t want to be unsubstantiated, but the pandemic has dramatically intensified the neobanking industry. Publicis Sapient’s research proves it: about 240 companies around the world operating in 2021 were established during the spread of Covid-19. Saudi Arabia, for example, completely changed its economic model from cash to digital currency…
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The Promising Future of Cross-Platform Mobile Application: Interview with Abay Serkebayev
Innovation comes in many different shapes and forms. The great fintech revolution has been fantastic and has led us to have lots of mobile applications stored in our smartphones. Really a lot. The fragmentation or unbundling of financial services has meant many different touchpoints on both Android and Apple smartphones. Maybe we have too many…
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The Future of Open Banking in North America
It’s no secret that the banking industry is in the midst of a major upheaval. One of the most promising new developments in this space is open banking. Simply put, open banking allows customers to share their data with third-party providers in a secure and transparent way. So far, open banking has been a massive…
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Top Trends in Fintech in 2022
It is this time of the year. You know when it is mostly gloomy, cold and grey. Great time, isn’t it? Not everywhere, obviously. There are a lucky few that are enjoying some fantastic weather somewhere right now, summer-like vibes. Guilty as charged. But most importantly, it is the time of the yearly predictions. Defining…
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The Top Neobanks in 2023
Article reviewing all the major neobanks around the world by Alex Beck, founder of Clara, a fintech comparison site to help people find and compare the best new finance products. Since the global financial crisis of 2008, the trust of consumers for traditional finance has been slashed. Banks for so long charged a host of…
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Wealth Management: Why is JP Morgan Acquiring Nutmeg?
Big news in UK wealth management: JP Morgan is acquiring the digital wealth manager Nutmeg. It seems that the U.S. banking giant has big plans for the UK, as it has been slowly but surely working on a digital bank for a few years already. It is due to launch later this year, and the…