FinTech Jolts the Financial Services Market Whether you call fintech changes to the financial services market disruptive, seismic (my favorite) or a technology tsunami, there’s no doubt: technology developments and customer expectations drive established companies to stay competitive by adopting new tools and practices. What’s responsible for this turbulence? CapGemini analysts point to Growing customer expectations of convenient, connected services. Lower barriers to market entry. The accelerated pace of technological evolution. Enthusiastic venture capital funding. Financial Services Market: Ready for Change Since the fintech revolution started with the founding of PayPal 20 years ago, the financial services market has been ripe for change. Here are three current reasons why: Customers comfortable with mobile connectivity want to engage with their finances […]
These days so much is done in the Cloud that it is hard to imagine what life was like before it. The Cloud makes business more flexible, dynamic, and ready to adapt to the ever-changing needs of the digital world. That said, many companies find themselves in an awkward position because they have shifted much of their infrastructure onto one provider. Obviously, there are some potential problems with this type of setup. Issues can range from the company experiencing technical issues, which could mean no access to company data or being in a situation where you have to change providers due to a buyout or a change in the terms of service. These are just a few of the many […]
The Internet is an incredible technology no matter how you spin it. At no other point in human history has there been so much information at our very fingertips. And at no other point in human history have people had so much freedom to share their thoughts and ideas with the wider world.