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banking

Posts with tag „banking“

January 21, 2016

How do FinTechs Disrupt the Banking Industry? They Bring New Speed in the Market from which Everybody Benefits

On the global start-up scene, the development of financial technology is one of the hottest topics. Now, banks can profit from innovative ideas How are FinTechs affecting the bank industry? This was one of the main topics at the Digital-Life-Design (DLD) conference in Munich. On Tuesday this week, Wirecard CEO Dr Markus Braun took part in a discussion with Jeff...
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January 8, 2016

Part 1 of our “Simply Uncomplicated” Series: What exactly are FinTechs?

FinTechs are enjoying global success. But what exactly are financial technology companies? The term “FinTech” is derived from digitisation in the financial sector. FinTechs are companies that offer solutions in the area of technological financial services, which includes issues like payment, banking, alternative payment methods, factoring, credit, finance management (PFM), API banking, saving, peer-2-peer lending and insurance. Applications include everyday...
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December 15, 2015

Using Smartphones as a Wallet is Becoming More and More Popular – What is The Current Situation?

Mobile banking and mobile payment have become trends around the world. Each culture has its own way of using this innovative technology In regions such as Asia, Africa and Europe, payment and banking by smartphone has advanced impressively in recent years, developing from an interesting future technology into a viable payment option. At the same time, there couldn’t be greater...
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November 12, 2015

Mobile Banking’s Biggest Missed Opportunity is to Offer Specific Solutions for SMBs

Mobile banking is underserving one key demographic: small and medium businesses. Here’s why SMBs are an untapped opportunity. Small and medium-sized businesses are often called the backbone of the economy, and for good reason: They represent 99% of all businesses in the EU, equally in the U.S. In the past five years, they have created around 85% of new jobs...
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November 12, 2015

The Opportunities for FinTechs are currently Better than Ever Before

There are always new ideas in the FinTech industry. It is important that companies and main cities collaborate to reap the benefits Especially this year, the FinTech industry is booming worldwide. The number of companies has rapidly increased in recent time. This will deliver benefits to the broader banking and payments industry as it infuses new ideas, technology, and talent...
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