Startup Founders & CEOs:
Over the past few years, the financial industry has undergone a massive internal realignment. From transactions to currencies, to lending, insurance and credit, fintech disruptors continue to leave their mark. Yet while this poses incredible opportunities — up to 72 percent of Britons are expected to bank via their phones by 2023 — it also introduces some potentially serious competition. In fact, the more the industry evolves, the more traditional companies are in danger of being left behind.
Change Is Inevitable
Maintaining the status quo is no longer an acceptable option. With investments in fintech more than trebling in the last five years, very soon, your business could find itself competing against low-cost, multi-service, AI-powered, truly global digital giants. In this newly automated world, customers pay with their wearables, avoid fees on cross-border payments and even sweep savings to smart ETF portfolios. But one question remains: will your company be ready for it?
By making use of the most recent technological innovations, finance companies the world over are able to take full advantage of some of the most groundbreaking software solutions that are already a reality today. Here are just a few examples:
- Chatbots equipped with machine learning (ML) and natural language processing tools (NLP) that can help customers pay their bills, provide balance and credit updates and even understand context and adapt to a user’s moods (sentiment analytics)
- Blockchain solutions to increase transparency, prevent fraud and automate financial operations
- Wearable (IoT) and data analytics solutions that can supplement the FICO score
- AI-infused regtech software (KYC and AML) to address compliance checks, transaction monitoring, regulatory reporting and risk and identity management
- Crypto exchanges
- Fully digital banks
Why Software Planet Group
- Software Planet is a bespoke service provider with nearly 2 decades of experience
- We release a new fintech product every year
- SPG employ cutting-edge technologies like artificial intelligence (AI), AR and VR, machine learning (ML), the blockchain and the Internet of Things (IoT).
- You will likely have more time to focus on your business — and may even receive an award for it, as one of our clients recently did!
Our clients know they can trust us.
“This is the best experience I’ve had with an outside vendor. They’re smart and competent” – performance manager at Nokia.
“The work that Software Planet Group did throughout the project was exceptional” – CEO of boutique technology firm.
“They provided many recommendations of technologies which I wasn’t familiar with, giving me depth in the software realm” – CEO of medical software company.
For further reviews, see here.
Build Your Product Today!
Whether at the moment, you only have an initial concept, or are actively seeking a software vendor to deliver your fintech solution, if you’re looking to stay relevant in this new technological landscape, click here to get your free quote for implementation!