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A recent report by Simon-Kucher & Partners states that only 5% of the world’s Neobanks are profitable. While the opportunity in the sector is significant, becoming profitable before having to shut...
Fintech has influenced both the banking and payments sector, but also the overall economic growth across many countries. Fintechs have harnessed the power of the internet, together with user-friendly ...
As advancing tech is released, consumer demand often shifts, and this is why innovation when it comes to payments is so critical. During the COVID-19 Pandemic, tap or scan-to-pay solutions became incr...
Most of us take our daily access to financial services for granted. Imagine living without access to a bank account, a loan or an investment product. That’s the reality for 1.7 billion people througho...
There’s a massive consumer card opportunity when it comes to cashback and loyalty schemes. While corporate card programs have fallen short in recent years, cashback and loyalty programs that target in...
Banking-as-a-Service (BaaS) is a business model that allows Non-Financial Companies to provide services typically associated with a bank or financial institution. Non-Financial Companies can provide f...
Traditional brick and mortar banks are slowly but surely becoming a thing of the past. Even before the pandemic, physical branches have been disappearing from our streets at a frightening pace. “We kn...
As the banking industry continues to develop, open banking is becoming increasingly popular as it allows consumers to enjoy faster, cheaper and more personalised banking solutions. The fintech industr...
Technology has changed at an astounding pace over the two few years, especially for the payments industry. The Covid-19 pandemic accelerated the development of payment solutions far beyond what anyone...
Historically, large banking institutions have always been somewhat on the back foot when it comes to innovation, holding off on innovation to see what is successful within smaller institutions or comp...