Technology
Technology drives the evolution of financial services, from APIs and cloud infrastructure to mobile banking platforms and blockchain innovations. Fintech Review explores how technological advances are reshaping fintech, improving efficiency, enabling new models, and expanding digital finance possibilities globally.
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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…
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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…
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Legacy Organisations Both Digital and Corporate: Interview with Gary O’Brien
Legacy organizations can modernise by adopting digital technologies while maintaining their traditional corporate governance. Incorporating digital solutions like cloud services and data analytics allows these firms to stay competitive without losing their corporate identity. By balancing innovation with established protocols, legacy organizations can be both digital-forward and corporate in nature. How can legacy organisations be…
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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…
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Banking Technology: 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…
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Want to Better Support Accounting Teams and Retain Talent?
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…
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Why banks should switch to a people-focused digital security experience
By Louis Granger, Head of EMEA Solutions Consulting at UserTesting The rise of fintech has ushered in a new era for the banking industry. Traditional banking institutions are being outpaced by new digital-only services such as Monzo and Starling Bank. Customers have now come to demand a banking experience that is nimble, empathetic and personalised…
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Is Cash still King? Interview with Simon James
Cash is king. Or so we have been told for many years. It has been the king of assets for many years. Covid-19 tried to kill it. But the king is still right here, alive and well… Or is it? Is it still king? Fintech Review asked a few questions to Simon James, Co-President of…
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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.…
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Intuitiveness: How Do You Help a User Understand a Mobile App?
By Abay Serkebayev, Chief Product Officer at CFPS. The fintech market is full of mobile applications, but not all of them are convenient and understandable. I conducted more than a thousand in-depth interviews with users and found out that many of them stop using useful services because of an incomprehensible interface. Even the most favorable…
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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)…
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What is the Future of ID Verification? Interview with Joshua Read
Anybody who has ever opened or tried to open a financial service product knows the pain of the onboarding process. Or at least what it used to be. Because thankfully things are changing for the better. One of the biggest frictions is obviously ID verification. What are the latest trends and the future of ID…
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Top 3 Automation Features for the Expense Management Industry
By Yuriy Kropelnytsky, Payments and Fintech expert at Softjourn. By 2024, the Global Business Travel Association expects business travel to fully recover from the impacts of Covid-19. This is great news for the expense management industry. However, the uptick in business travel also means that there will be more expense reports to file. As well as…
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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…
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Omnichannel: Myths and Realities
By Jishith Gangadharan from Clayfin Omnichannel banking has been creating quite the buzz within the financial services landscape. As the focus on customer experience zooms in, it’s become all the more relevant to provide a smooth and seamless banking experience, both online and offline for customers. With several myths doing the rounds on omnichannel banking,…
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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,…
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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…
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An Assessment of Risk Management in Banking
Guest post by, Charlotte Lin, a content creator at escaperoom.com. She’s a passionate young woman, mother to an amazing nine-year-old, and an avid reader. Over the years, writing has helped her explore and understand the world as well as her own self. She loves to travel, meet new people, and spend quality time with her…
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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…
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What if Fintech Product Management Started by Saying Yes?
By Harrison Smith, Investor at Fin Capital, formerly Head of Product Roadmap at Railsr (formerly Railsbank). The first principle you learn as a Product Manager is a simple one: how to say no. Steve Jobs famously said “I’m actually as proud of the things we haven’t done as the things we have done”. Innovation is…
