With the current mortgage rates, every new solution available for the customers is welcomed by the market. No wonder Perenna succeeded. Let’s explore the topic of this fintech and see why users trust the company with something so sensitive as a mortgage.

In an industry as competitive and heavily regulated as insurance, companies are constantly seeking innovative ways to reduce costs and improve efficiency. One of the most promising avenues for achieving these goals is through the use of technology, particularly mobile and web applications. These apps can streamline operations, enhance customer experience, and ultimately lead to significant cost savings.

The world of investment applications is evolving rapidly, driven by advancements in technology and an increasingly interconnected global financial market. However, the regulatory landscape for these applications varies significantly from country to country. This disparity is shaped by differing legal frameworks, regulatory philosophies, and market maturity levels. Here’s a look at how investment application laws differ globally.

Decentralized Finance (DeFi) has emerged as a revolutionary force within the financial sector, leveraging blockchain technology to transform traditional financial systems. DeFi applications offer a suite of financial services, including lending, borrowing, trading, and investing, without the need for intermediaries like banks or brokers. This paradigm shift has democratized access to financial services, reduced costs, and increased transparency.

Delivering needed and reliable products and services is not enough anymore. With the current market saturation and over-the-top third-party partnerships enhancing the offer even more, fintech companies are forced by the landscape to search for something extra. This ingredient is called loyalty. By providing actionable insights, your platform can be turned into a lead magnet that combines both fintech and customer incentives.

Fintech can be a minefield. With a heavy market saturation and many similar solutions on the market, you need something extra to stand out. The idea behind Updraft, a UK-based fintech, is simple: lending. The story behind it is even simpler: let’s make something that will fill the market void. The result? The business draft that turned into a solid business, uplifting hundreds of thousands of customers.

SumUp is a good example of a fintech that thinks forward. They have multiple services for small and medium-sized companies. From payments and processing orders to customer acquisition and money management – SumUp got you covered. Take a look at our company highlight.

Regulatory compliance is a must for every fintech out there. Business conditions vary depending on the market, industry sector, etc. The common denominator is that companies need to take into account strict ESG laws. How to navigate these waters, what are the current trends, and how to build the resilient ESG fintech sector?

Technological advancement comes in many ways. Some trends become buzzwords and fade away with time, leaving only a sour taste. Some withstand the test of time. Some, finally, have the potential to transform the entire landscape. Artificial intelligence is a great example of the last one. Here are some of the most important applications of AI in fintech – proving, that marriage of human design and machine perfection is an interesting match.

The rise of artificial intelligence (AI) is reshaping many industries. From healthcare to engineering, AI’s touch is evident. In the world of finance and pensions, AI is making significant strides. The pensions market, with reports estimating its worth close to $62 trillion, is on the brink of an AI-led change. This piece explores how AI is innovating the pensions landscape, pointing towards a future of streamlined processes and tailored pension schemes.

The financial industry is currently undergoing a major transformation, with tokenization at its core. Toke­nized assets, which utilize blockchain technology, are poised to revolutionize­ our understanding and engageme­nt with the financial markets. But what does this mean for everyday investors, and how will it impact the future of finance?

The European Union, known for its rigorous approach to consumer protection, has recently taken significant steps to reform its Consumer Credit Directive (CCD). As consumer credit becomes more prevalent across member states, this move signifies the EU’s proactive approach to financial regulation, particularly on the retail side.

The term “Tech Inertia” refers to the resistance organizations face when adopting new technologies. For financial institutions, lagging behind in technology adoption is not just a minor hiccup; it’s a potentially crippling business problem. In an era where digital transformation is at the forefront of organizational development, financial institutions can ill afford to have tech inertia impede their growth. Let’s dive into the significant costs associated with being too slow to adapt to new technologies in the rapidly evolving financial services sector.

Data analytics tools are software applications designed to analyze and understand how users interact with their products or services. These tools enable companies to gather data on user behavior, such as actions performed within the app, how often they use the product, what features they prefer, and how long is the time of interaction with specific features. Then, the data is analyzed to provide information on how to improve the product. It’s data-driven and you can’t afford not to use it in 2023. What are the top data analysis tools for tracking product performance in 2023?

Central Bank Digital Currencies (CBDC) are among the strong trends emerging today in the FinTech world. The latest digital currency trends show that turning to the elimination of cash, implementing blockchain, and developing digital wallets are pillars of what might come in the future. A cashless society with billions of financial operations per minute. There are, however, counter actions from major markets. China blocked the usage of crypto, Russia is thinking about it. Where is it all going and what consequences to FinTech will it spawn?

FinTechs going green is a popular subject among investors, startups, software development specialists, and users alike. Sustainable FinTech companies are not a buzzphrase anymore. It’s a strong trend that grows and fuels another revolution in the finance world. A green one; literally and figuratively speaking.

The high interconnectivity of our world and challenges related to nature and its well-being spawned the rise of ESG consciousness. It stands for environmental, social, and governance criteria in the professional environment. Even companies that have nothing to do with fossil fuels are implementing ESG strategies. That includes FinTech. Why is that important and what is ESG tech? How can both worlds benefit from cooperation?

Data is bread and butter in modern companies. Relying on your intuition is important but some tools give you an in-depth look. Combining these two methods produces tangible results. Don’t worry, you don’t have to be technically savvy to use data management tools. You just need to prioritize business goals and figure out how they can help you. Here’s a list of the most interesting business intelligence tools you may find useful.

Since its inception in 2018 open banking has made a significant impact on the financial landscape in the UK. For over four years now, FinTech firms have been benefitting from open APIs that enable them to customise their open banking apps and services based on the consumer demand. This wouldn’t be possible without open banking platforms that have mastered open banking solutions, acting as a technological intermediary between banks and third parties for the greater good of the industry and optimal customer experience.

Buy Now Pay Later (BNPL) companies allow customers to make purchases with the full amount covered by installments made over time. It’s a convenient and cheap way of buying goods and acquiring some peace of mind. Which companies are trending right now?

You don’t have to be a millionaire to invest in stocks, currencies or even precious metals. Trading has been a widely available option for decades, but thanks to web based platforms it’s now easier than ever. Such platforms are also great examples of FinTech in practice: how they are made, how they work and what are their best features depends both on the market needs and what their creators can actually offer. Let’s take a look at some of the most popular online trading platforms to find out why they have succeeded.

With the crowded market, growing uncertainty and rising, simultaneous user adoption, investment and development decisions are hard. On one hand, we have recession and glooming crisis on the horizon. On the other hand, people are turning to FinTech for addressing their pain points, comfort, ease-of-use. Let’s see what statistics say about the industry. What trends are emerging and how can you use them for your benefit?

We will break down the article into few sections to help you navigate the landscape. We will talk about the industry size, FinTech adoption rates, expert opinions, and investments. Please keep in mind that this is not a full-fledged industry report but rather a summary. Nonetheless, it will prove valuable in the months to come.

Many sports fans have a saying, often expressed on a wall of their neighborhood building: “you will never walk alone”. It shows the mass support of the entire ecosystem designed to help the team. The same goes for InsurTech—the future of the industry lies in platforms and ecosystems. Everything in favour of interconnected services, giving the user the ultimate experience.

We are living in a global society where “point oh” defines and describes the evolution of things. Industry, internet, social phenomenons. We got Industry 4.0 and Web 3.0. Both complement and complete each other. To some extent, both are a natural consequence of one another. What is Web 3.0 and what is its impact on DeFi and the future of finance?

“Open banking standards” is a term used for technologies and regulations used to provide third-party service providers consumer’s banking data. This data can be used in many ways. To provide and keep operational things like web and mobile apps, financial services, and more. To make it all possible, governments issued open banking standards and open banking directives. Since compliance, along with security, is the most vital part of FinTech business, we provide you with a brief list of open banking regulations and application programming interfaces (APIs) standards to watch out for in the upcoming months and years.