Tag: Fintech
How to improve your new Fintech app with the innovative Flutter framework
For a long time‚ only tech-savvy users had access to fintech apps‚ but now they have become a vital part of all generations’ lives. The need for mobile-first‚ personalised financial apps motivates fintech firms to develop and continually provide cutting-edge goods and services. As a worldwide leader in mobile and online application development‚ hedgehog lab…
How to design an effective onboarding process for fintech apps
Successfully onboarding app users is one of financial services companies’ biggest challenges. One in two consumers is now using a mobile-first financial service but with 77% of the daily active users abandon an average app after just 3 days‚ making the onboarding journey a critical component of user retention. It covers everything from the time…
Using customer insights to give financial services companies a competitive edge
The financial services industry has experienced a digital revolution in recent years – and it shows no signs of slowing. Financial services includes banking‚ insurance and wealth management companies which are huge sectors in their own right. There are now over 60‚000 financial services firms operating in the UK and customers are increasingly demanding digital…
How can finance organisations improve their offerings?
Finance is an industry that has been radically disrupted over the past few years. Innovation has transformed offerings within the sector – and the results have left customer expectations higher than ever before. Whether it be neobanks or challenger banks like Monzo forcing legacy banks to rethink their customer experience offerings‚ InsurTech startups like Honcho Markets reversing the process to the…
Current status of Apple Pay in UK
The mobile technology industry and mobile app developers have long been working towards a future where wallets‚ cash and cards are redundant. Contactless payment systems are the result of many years of research and development – Apple Pay being a perfect example. Apple Pay was launched in the US last year‚ and landed in the UK on July…
How is mobile going to drive the future of motor insurance?
Driving a vehicle without motor insurance is illegal anywhere in the world. You must have at least 3rd party insurance as a minimum legal requirement. This means you’re covered if you have an accident causing damage or injury to any other person‚ vehicle‚ animal or property. However‚ it doesn’t cover any other costs like repair to…
Modernising the banking industry for the mobile app era
The banking industry has always been at the forefront of technology‚ harnessing the latest developments to reach their customers wherever they may be. They were quick to adopt websites when the internet rose to prominence‚ and now they are doing the same with mobile technology. In fact‚ the banking industry is currently pioneering in every…
Levers of change in the FinTech sector
In recent years‚ the FinTech sector has attracted considerable investment and attention‚ a trend that shows no sign of slowing down for the foreseeable future. Cutting-edge technology in the area of FinTech impacts almost all segments of the industry‚ including payments‚ mortgages‚ insurance‚ savings and lending. One area that truly stands out is the area…
An introduction to Bitcoins and Blockchain
The new found love and intrigued interest in Bitcoins and Blockchains and recognising them as potential disruptors in the financial sector is certainly encouraging. At least‚ it lets us know that this industry does not take innovations at face value‚ unless and until the technology proves its mettle. Recent developments across countries to develop this technology…
Financial apps – how to pick the best
Financial management is rarely quite as straightforward as it sounds‚ the complexity of budgeting combined with monitoring expenditure being tough‚ tiring and tortuous even at the best of times. Thankfully‚ though‚ some brilliant apps can make the process easier. Here‚ we look at some of the best currently on the market. Nature of financial apps Financial…
