Strategy & Digital Transformation
Successful fintech companies rely on robust strategy and digital transformation initiatives. Fintech Review analyses growth strategies, operational scaling, digital adoption, and the transformation journeys reshaping finance and technology in the new digital economy.
Fintech and Big Banks Are Drifting Apart
By Abay Serkebayev, Chief Product Officer at CFPS. Mutual understanding between big banks and neobanks doesn’t seem to be growing. Quite the opposite, their relationship is rapidly deteriorating. This creates major problems for both parties. Neobanks have become direct competitors to commercial banks. This is especially noticeable in the retail industry. Neobanks offer more adaptive customer service,…
What Next for Banking-as-a-Service? Interview with Sankaet Pathak
Everybody is familiar with Software-as-a-Service or SaaS. It is the prevalent way to sell software these days. The days of the purchase of a CD to install a software are long gone. Everything can be “as-a-service”. What about Banking-as-a-Service or BaaS? Is it the same as SaaS? Fintech Review asked a few questions to Sankaet…
Why Do Fintechs Need to Implement OKRs Now?
By Elie Casamitjana, Founder & CEO of OKRmentors, and Tristan Pelloux, Founder & Chief Pencil Officer of Fintech Review. Now is the right time for fintech companies to use OKRs. Why? Because the industry is constantly evolving but at a turning point: strategy execution is more important than ever. Companies need to stay agile and…
Strategies for Addressing Recruitment Challenges in the Financial Sector
The financial sector is one of many that is struggling with staff numbers and recruitment following the coronavirus pandemic. Digital transformation is revolutionising a number of day-to-day tasks within the financial industry, changing the nature of the job. With applicants falling and vacancies rising, why is this a problem and what can be done to…
2023 is the Year Aussie Banks Must Tackle the Replumbing
By Anandh Maistry, Managing Partner, Banking & Insurance, Kyndryl ANZ Australian financial services companies have begun a huge digital transformation in recent years. Big players are reporting an increase in app usage of more than 50% during the pandemic. But, based on their experiences during COVID, more than four in five financial services executives also…
Mobile App Security, Hype or Necessity? Interview with Victor Tuson Palau
Mobile devices are becoming the way consumers access banking services. It is not anymore complementary to internet, desktop banking, but rather replacing it. That means that mobile app security is often undersestimated. It’s great that it can fit in our pockets but it also means that it can be accessed over untrusted networks or worse.…
A Comparison Of Traditional And Fintech-Based Approaches To Starting And Growing A Side Hustle
A side hustle is a way for people to earn extra income by pursuing a passion or interest outside of their full-time job. Whether it’s freelancing, selling goods online, or renting out a spare room, a side hustle can provide financial stability and independence. With the rise of the gig economy, more and more people…
Why Retail Banks Need Digital Transformation to Survive
By Jishith Gangadharan from Clayfin. Scaling AI systems across the board has proven to be quite a problem, even if the majority of banking industry AI projects have so far shown promising results. DataQuest reports that 74% of banking executives think new technology will have an impact on their industry. They worry, nevertheless, that incorrect…
Is Cybersecurity Risk the M&A Blindspot?
By Ryan Sheldrake, Field CTO – EMEA, Lacework Global M&A activity is still well down from its historic peak in 2021, however many analysts are predicting a return to healthy levels in the coming year. Accurately assessing the value and risks around any target company lies at the core of the mergers and acquisitions (M&A)…
Industries That Flourish & Fade During an Economic Downturn
Infographic on industries that perform well and not so well during an economic downturn, by Colette Cassidy, Director of Irish tax consultancy All Finance Tax, specialists in financial and taxation advice.
Proper Invoicing Is Important For Any Fintech Business
Online invoicing software is software that helps fintech businesses to create invoices, bills, and other documents. If you own a fintech business, you know how important it is to keep your books in order. You want to ensure that you are correctly billing your customers for their products or services and that the payments match…
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…
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…
Advancing automation in Australia and New Zealand Banking and Insurance
By Mark Fioretto, Area Vice President and Managing Director ANZ at UiPath. End-to-end automation is now driving the digital transformation journey of Australian and New Zealand financial organisations in a hyper-competitive business environment. A recent IDC APJ Automation Survey 2022 commissioned by UiPath confirmed that, globally, 43% of banking and insurance industry organisations will use automation on an enterprise-wide scale by 2025. In Australia and New Zealand, spending…
The Bright Future of Emerging Market currencies: Interview with Mike Robertson and Adrian Brown
The world of currencies is definitely an interesting one. Not even talking about the elephant in the room, cryptocurrencies, which steal the show these days. But that’s tiny in our big wild world. Rather let’s talk about good old currencies. A world that goes far beyond the almighty US Dollar, the Euro, or the Great…
Saving vs Spending: How to be Recession Ready and Thrive in the Downturn
By Anish Sengupta from Blue Helion. When we hear the word “recession”, our mind goes into alert mode buzzing with all kinds of alarm bells. According to a recent Reuters estimate, the United States is 40% likely to enter a recession in the following year. Financial experts are afraid that we are on the cusp…
Women in Fintech: Where are We Now?
Fintech is changing financial services for the better. That is the mantra. Or at least, it is supposed to… That is what everybody was and is still expecting. The fintech wave, that great innovation movement that notably happened after the financial crisis of 2008 is built on many promises. One of its strongest promises, though,…
Why the Financial Sector is Leading the Way in Digital Employee Experience
When we talk about digital experience, it seems that the focus is only on customer experience. It makes sense, at the end of the day, customers are the ones paying the bills. It should be, unless you are a fintech startup and everything is free until you figure out how to monetise. However, at the…
Noteworthy Banking CX Transformation In ME In The Recent Past
Middle Eastern consumer banking has recently developed an intriguing story. On the one hand, the financial demands of clients are changing quickly every day in the post-pandemic new normal. We have a financial environment that is ready for development, innovation, and transformation, notably in customer experience (CX). That is when you combine this with dynamic…
Future of Finance Management: Interview with Deepak Narayanan
Innovation and digital transformation is everywhere in financial services but also beyond. Finance operations and the way most businesses operate, manage their day-to-day and long term finances is changing fast. Transforming companies from in the inside. What is going on in finance management? Fintech Review asked a few questions to Deepak Narayanan, Founder & CEO…
