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Factoring financing relieves small and medium enterprises from the financial pressure by offering a chance to delay payments. It appeared long before venture capital, credits and equity investments, later lost its popularity for some time and then resurrected by shifting to online. written by: Veronika Chizh Factoring financing relieves small and medium enterprises from the…
share: Although we are pretty short of what the movie ‘Back to the Future’ predicted for our time slot, technologies are still developing at an unprecedented speed. Cashless payments, smart wearables, 3D-printed prosthetics, movies downloaded at lightning speeds, etc. What will the Year of the Rat bring for the technological community? Value-based consumers, recessionary fears,…
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…
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…