Tag: Technology
Internet of Things (IoT) in Banking Industry: Exploring the Strategies Implemented by Frontrunners
The Internet of Things industry is rapidly expanding, and it offers individuals across the globe a variety of digital devices and sensors. The IoT (Internet of Things) is a network of internet-connected devices that collect and transmit information. It is transforming the banking industry by personalizing rewards and offerings, enhancing capacity management, collecting debt, and…
Why Fintech Companies Need to Define a Clear Strategy
In the often crazy world of financial technology, startups and incumbents are in a (rat) race to provide innovative solutions. Hopefully, solutions that address actual gaps and inefficiencies in the traditional banking system. However, in the haste to innovate and disrupt, many fintech companies overlook the fundamental principle of business success: a well-defined strategy. Without…
Media Meets Fintech: A Powerful Duo for Industry Disruption
The convergence of media and fintech is not just a temporary industry trend. It is a powerful synergy shaping the future of both sectors. When we talk about media, it is easy to think solely about content. The newspapers, TV shows, movies, and radio broadcasts. However, as digital transformation accelerates, media is evolving. It is…
How Open Commerce Can Solve the Global Trade Imbalance
By Soumaya Hamzaoui, Co-Founder and COO of RedCloud The face of global commerce has changed beyond recognition over the last decade. While large online retailers like Amazon and Facebook have profited from the switch to digital trading, they have also squeezed their smaller competitors in emerging markets and developing economies (EMDEs) out of the market…
Driving strategic business outcomes: Interview with Stephanie Covert
Harnessing the power and potential of data is crucial for businesses right now. Effectively utilising data means that you can can develop stronger connections with customers. It means understanding their needs and preferences in more profound ways. Additionally, it empowers businesses to make informed decisions, driving growth and fostering innovation tailored to market demands. How…
Cutting-edge Banking Technology stacks: Interview with Jamie Burink
Cutting-edge banking technology stacks are revolutionising financial services. These modern infrastructures offer scalable solutions that ensure efficiency, enhanced security, and personalised user experiences. As these technologies evolve, financial institutions position themselves to deliver more innovative, responsive, and transparent services to their customers. But what is really going on? Fintech Review asked a few questions on…
Why Australian banks must embrace generative-AI
By Richard Scott, Group Vice President Asia Pacific, Informatica Australian banks have had an unsettling year. Global instability in the financial services sector combined with the nation’s cybersecurity and Privacy Act reforms are putting more pressure on banks with regard to how they manage and use data. At the same time, the rise of the…
How important is corporate culture in fintech: Interview with Thomas Jul
How to maintain sustainable, but record-breaking growth: building a passionate culture and the Nordic concept friluftsliv. Corporate culture generally plays a crucial role in fuelling innovation. It encourages openness to new ideas and risk-taking. These are vital for staying ahead of the competition, and fintech is no exception. A strong and cohesive culture fosters employee…
Want to better support accounting teams and retain talent? Here’s how the right tech makes the difference
By Mike Whitmire, CEO, FloQast Despite the Bank of England expecting inflation to fall quickly in 2023, it can feel like we’re in a bit of a ‘permacrisis’. Just when your business has managed to weather the storm brought on by the pandemic, the Russia-Ukraine war begins and the cost-of-living crisis strikes. It’s not easy…
The explosive potential of digital banking in Sub-Saharan Africa: Interview with Timothy Nuy
Digital banking holds significant potential in Sub-Saharan Africa, where traditional banking services are often limited in reach. By leveraging mobile technology and new platforms, digital banking can provide access to financial services for the unbanked and underbanked populations. Whilst fostering financial inclusion and economic empowerment. Additionally, it can drive efficiency, reduce costs, and enhance customer…