FinTech Magazine - December 2022 | Page 81

PAYMENT SOLUTIONS
And he says that fintechs still have the edge when it comes to rolling out new features : “ The advantage that fintechs have over incumbents with regards to building a super-app proposition is agility . Because the scale is often smaller , new features , products and partnerships can often take less time to get off the ground . However , this doesn ’ t mean that larger players shouldn ’ t try and diversify their product offering – it just might take them more time to do so effectively .”
“ With global economic conditions not looking positive in the short term , I believe that many banks will start to introduce more money management tools to help their customers ”
AHMED KARSLI , CO-FOUNDER AND CHAIRMAN , PAPARA fintechmagazine . com 81