this trend further, as fintechs look to ensure they can roll out innovative cross-border digital services, while remaining compliant.
— and fintechs should now focus on hyperpersonalization to continue standing apart from banks. As the fintech-friendly agenda in the country and government schemes introduced during the pandemic propel more fintechs, especially alt lenders, to the mainstream, these startups face a significant opportunity to present their innovative solutions to a wider pool of consumers. And their move to divert more resources to their compliance will only accelerate this trend.
But as banks simultaneously improve their tech skills, the competitive edge fintechs have in that arena could be dulled — as a result, fintechs will need to differentiate further. One way to do this is by developing hyperpersonalization capabilities, using AI and real-time data sets to tailor services to each customer's specific needs. This would show customers a clear benefit of using fintech solutions over traditional banks, helping fintechs maintain their growth path.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
India's toll of coronavirus cases reached 190,535, as 8,392 new cases in 24 hours...
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
YouTube at 15: The inside story of YouTube's history - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $THETA You left out the part how YouTube helped amplify white supremacists, flat earthers, anti-vaxxers, and other dangerous nutjobs, all for money to the detriment of society. 15 years to build one of the most detestable piles of shit ever unleashed on society
Source: BusinessInsider - 🏆 729. / 51 Read more »
New survey highlights Hong Kong banks' approach to fintech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market crash: Albert Edwards warns recession to hit big tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bears are fake news. Reminder that bears eat trash.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock picks to buy: 13 small-cap tech companies set to soar, BofA says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. STOCKS ARE ALL GOVERNMENT SPENDING
Source: BusinessInsider - 🏆 729. / 51 Read more »
10 things in tech you need to know today - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. My dog recently had a spinal stroke out of no where & can’t walk on his own 😔 vet bills have been astronomical & he’s doing daily therapy sessions to try and get him back on his feet again 🐶🥰anything during this rough time will be greatly appreciated🙏🏼 Belgium Prince Joachim, 28 prince has tested positive .for coronavirus protest is the language of the unheard, riot is the language of scum
Source: BusinessInsider - 🏆 729. / 51 Read more »
Hundreds of South Korean schools closed amid spike in COVID-19 cases - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bad news
Source: BusinessInsider - 🏆 729. / 51 Read more »