Initiating from electronification and todays digitization, businesses and institutions are connecting to financial technology. Reports have cited that global investment in Fintech increased more than twelvefold since 2008, an increase from $940million to more than $12billion in 2014. It’s rapid growth and instant integration since its inception is causing some disruptions in sectors such as mobile payments, money transfers, loans, fundraising and even asset management and this will only continue to grow.
In the wake of Fintech’s emergence, 56% of banks have claimed to be receptive to open innovation, a paradigm that suggests banks and other entities should be promoting and emphasizing the use of such cutting edge technology to further overall technological development. This innovative financial development is unsusceptible to outdated legacy systems, branch networks or even the need to protect existing businesses.
Our expertise and knowledge in the best practices for Fintech will allow your business to offer more services than ever before, at a fraction of the price. Using our international breadth and expertise coupled with market leading infrastructures such as Block-Chain technology, data and research or P2P lending etc., we are able to offer specific, innovative and detailed systematic development strategies to offer you advice on start-up projects and continued support on how to work in the industry. This will undoubtedly become a more implemented part of daily life, not only for entrepreneurs and businesses alike, and being aware of the vast opportunities and developments available will drastically improve your business and ensure you stay at the forefront of your market.