PAYMENT SOLUTIONS
is only 1 % finished | The fintech market ft . Simon Taylor | 11 : FS Explores Lightboards
“ THE MORE OPEN FINTECHS BECOME , THE MORE OPPORTUNITIES THEY HAVE TO EXPAND THEIR ECOSYSTEM ”
of technical and process-related services . These can be anything from cybersecurity and payment solution providers to marketing and website development as well as cloudification and IT .
Donald points out that because businesses are no longer fixed within the confines of their buildings and access to online solutions is so good ; contracting has become an essential part of business management .
“ It becomes a flexible way of working , whereby tasks can start in South America in the afternoon , and finish in Australia the next day , and you can have a 24 / 7 follow the sun type approach , while still being a small startup .”
It creates customer centricity An essential part of any successful fintech , customer-centricity requires the latest technology and innovation so that companies can remain competitive .
Frank Uittenbogaard , Regional VP , Europe ,
Backbase , explains , “ For most financial institutions , their focus has to remain on the core of their business : their customers .”
He says that in order to maintain this focus while simultaneously keeping up with the competition in digitalisation and innovation ,