Tag: transformation
AI and Machine Learning in Fintech: Transforming Financial Services
The fintech sector is currently undergoing a significant transformation, with artificial intelligence (AI) and machine learning at the forefront of this change. These technologies are transforming how financial services operate, injecting unprecedented levels of efficiency and innovation. Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking…
How Fintech Can Boost Small Businesses
By Mike Whitmire, CEO and Co-founder of accounting workflow automation software FloQast. As small businesses face the challenges of an uncertain market, their biggest struggle is amplified. They don’t have the seemingly endless resources of bigger companies. Fortunately, along with it comes their biggest strength, resourcefulness and flexibility. With the right tools and strategies, small…
Should financial institutions pay attention to digital automated merchant onboarding?
Creating an electronic profile for your company is essential to your start-up. However, traditional methods of merchant onboarding take too long to verify your verification. Nowadays, people expect super fast service from companies, and if your company cannot provide quick service, you can’t survive in the modern market. Merchant onboarding is a long process as…
Payments orchestration: what’s next? Interview with Kristian Gjerding
Payments are like an opera, they need a conductor otherwise it is a lot of noise and not at all a symphony. Why? Because similarly, it would be as if all the musicians play at the same time without coordination. Just a lot of noise and hard to follow what is really going on. What…
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…
The Future of Banking-as-a-Service: Interview with Trent Sorbe
What is going on in Banking-as-a-Service, also known as BaaS? If you are not familiar with the concept, it is time to educate yourself a little bit. Simply because it is one of the fastest-growing segments of fintech. It does not seem to suffer any of the downturn that we can see recently in other…
What’s next for supply chain finance? Interview with Noam Mani
With all that fintech innovation all over the place… one would think that everything has been solved. Not so fast, muchacho. There is still plenty of things to do. A lot of different parts of the financial service industry are still widely inefficient. Some are still huge problems, in dolar terms, to solve. And some…
Future of financial operations: Interview with Orkhan Abdullayev
Fintech is great. So many new possibilities and features for businesses, from payments to banking solutions. Absolutely awesome. Until it is not. As businesses scale, their financial operations tend to become really complex. How do you manage all that complexity? Fintech Review asked a few questions to Orkhan Abdullayev, CEO and Co-founder of Payrails, on…
What role for fintech in climate change? Interview with Chris Peacock
Can fintechs have a meaningful role in fighting climate change? Many people believe so, which makes sense. ESG and fintech is a great combination. If you believe that one of the premises of the emergence of fintech is to do things differently. For the better. You know, not destroying the planet in the process is…
IoT in the Financial Sector: Benefits, Challenges, and More
The Internet of Things (IoT) sector is rapidly growing. According to Gartner, 25 billion connected things will be applied by the end of 2021 for producing and processing large piles of data. Such a technology flourishes these days, facilitating people’s lives in almost all the fields of activity. Banking is one of these fields where…