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FinTech Pulse

3 FinTech pathways to becoming your SME customers' primary bank

In a recent survey 500 of small businesses across the US and UK, BCSG found that mobile & online banking has overtaken branches as the channel of choice for SMEs to receive financial services. However, although there is still a considerable demand for business financial management (BFM) tools in the SME space (especially for bookkeeping, expense management & business planning), only about 30% of those surveyed actually had a software solution in place.

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Topics: Financial Management for Small Business (BFM), Digital Transformation, Unbanked, Underbanked, BFM

Author: Cesar J. Richardson, VP Sales and Operations (Americas) on Sep 22, 2015

Reaching the Unbanked in Emerging Markets

Mobile money services (MMS) are spreading rapidly across much of Africa, Asia, Latin America and the Middle East, reaching over 60% of the world’s developing countries. The number of registered mobile money accounts has grown to just under 300 million globally in 2014. As this represents only 8% of mobile connections in markets where MMS are available, there is significant potential for future growth.

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Topics: Disrupting Banking, FinTech, Digital Transformation, Unbanked, Mobile, Underbanked

Author: Cesar J. Richardson, VP Sales and Operations (Americas) on Mar 6, 2015

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