Our trading solution with sumptuous features and reduced data latency helped increase revenue by over 60% for our clients. One of our solutions featured in the Top 10 Financial Applications on the iPhone store within 3 months of the release of the application.
All that your client needs to do at a branch, can be done from home. Our wearable solutions are available on smartwatches, VR sets, wearable glasses and more.
Conduct all activities right from opening an account to servicing your clients’ every need using video banking. Secure solution enabling access from anywhere.
Enable your clients to bank from within social platforms using our social banking solutions. Our easy workflows can run on text or visual content and our customer care modules enable you to service customer requests on social platforms directly.
Enable merchants with Smart Point of Sale devices that accept payments via every mode including digital wallets, NFC, QR Code. The customisable management portal allows multiple POS devices to be configured at once and daily analytics to keep track of business.
Our usage-based insurance (UBI) solution enable next level of personalisation. The telematics solutions are available for healthcare and automotive insurance, offering customisable algorithms based on your business processes.
We have enabled many enterprises to develop blockchain-based solutions. Our expertise extends to working on blockchain to revolutionise how modern finance and procurement operate.
Fintech, Regtech and the Role of Compliance in 2020: Budget and Skilled Resources, Increasing Role of Technology in Personal Liability. "Technological innovation has the power to create new services for consumers but also to reshape financial market structures. The whole value chain is being impacted by fintech as well as by big techs, which are introducing almost every day new ways to pay, to provide credit, to get insurance and, of course, to invest within capital markets. By doing so, they are also modifying the financial ecosystem that we supervise and may contribute to an increase or a shift of risks in the financial system."
The fintech industry is one of the most visibly disruptive sectors since it can dramatically impact everyday consumers as well as the business of all sizes. It’s also potentially a highly regulated sector, with governments and regulators well aware of the need to both protect consumers and businesses, and to provide a fair, competitive environment for industry players.
As we enter the next decade it is useful to reflect on what the emerging trends in financial technology will be for 2020, enabling banks and financial institutions to prepare for the opportunities and challenges that lay ahead. Regulation will continue to dominate the banking and finance landscape of 2020. The introduction of PSD2 in 2019 marked the year by the effort that was required from banks to become regulatory compliant under the threat of facing heavy fines. However, even though visibly there was a huge effort, PSD2 was not implemented as expected with many banks failing to meet the deadline.
The financial services industry has been ruled by traditional banks for decades, but with the financial crash in 2008, regulation and micro-inspection paved the way for younger and more innovative competitors, leading to a new era of challenger banks. Driven by digital processes and new technology, and fuelled by the introduction of PSD2 regulation, challenger banks were able to take hold of the market, offering consumers alternative ways of banking.