The challenge for banks isn’t becoming ‘digital’ - it’s providing value that is perceived to be in line with the cost - or better yet, providing value that consumers are comfortable paying for.
According to CB Insights, 41 VC-backed fintech companies are worth a combined $154.1B. Traditional finance companies must embrace advances in financial technology to compete with their digital-native counterparts. Fintech is actively disrupting banking, investments, lending, payment processing, and insurance. An investment in fintech offers industry trailblazers an opportunity to see significant benefits in revenues, cost reductions, and customer satisfaction.
Invonto is a digital solutions company based in New Jersey. Founded in 2008, Invonto has grown into becoming a digital transformation partner for some of America's most innovative enterprises including D.R. Horton, Transamerica, Sealed Air, Comcast, Sharp, and Epicor.
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The phrase “banker’s hours” has traditionally been used with disdain. For a long time, access to financial services was limited. This forced customers to visit a physical branch or a broker’s office, wasting energy and time. Fortunately, things are changing courtesy of the digital revolution within the financial industry ushering in mobile banking apps. “Fintech” […]
Fintech Trends Illuminate The Future Of The Industry After decades of remaining tellingly stagnant, the financial industry is on the verge of an era of massive upheaval. A variety of new technologies, most rooted in the opportunities created by mobile platforms, have resulted in a world where ground long assumed to be firm is suddenly […]