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Big Data is more than a buzzword. Data-driven optimization is the major objective of the financial industry, so many companies are looking for opportunities to utilize Big Data and make a great step forward to digital transformation. Big Data helps to discover competitive advantages and reveal new market opportunities. written by: Anastasia Borodinets Big Data…
The Internet of Things has a considerable flair for innovations and is penetrating virtually any sphere of human activities. Surely, we all have noticed how our finances have moved towards becoming all digital and we are gradually forgetting what it is like to use paper cash. More on how businesses are adopting the benefits of…
Gartner forecasts that by 2020 there will be 21 billion connected “things” in the world. In the coming years, financial institutions will not be able to avoid wondering how this multitude of IoT devices can help their business. Let’s touch upon some IoT use cases in financial services. written by: Anastasia Borodinets Gartner forecasts that…
More than a decade of gathering insights in the field of fintech and banking helps us to reach out to other spheres: for example, to digital financial services ecosystems. In this article, we will focus on how e-invoicing solutions can build competitive advantages in SME banking. Also, we will answer the question of why multi-banking…
SMEs represent a tremendously large market for banks. According to the BankingCircle, in Europe, small and medium enterprises make 99% of all businesses and create more than 85% of all new jobs in the last five years. In the US, there are 30 million SMEs. They generate about ⅔ of jobs in the private sector…