The internet is constantly changing and developing. New ideas and systems are being proposed and experimented all the time. After all, the internet is in its youth and is far from a finished product. Users, companies, and investors are always looking for ways to increase its usefulness and efficiency. Web3…
Customer loyalty programs are incredibly powerful tools for revenue and brand loyalty. Around 52% of American consumers will invest their time in customer loyalty programs for their favorite and preferred companies and brands. Many customers love the rewards and benefits of customer reward programs, and unexpected rewards can maintain the…
What drives customer loyalty? What makes people decide to favor a brand or company? If price and product selection are identical, is there any reason for customers to regularly choose one brand over another? All other factors being equal, loyalty comes from providing the sort of experience your customers are…
Whether you keep a punch card for a local restaurant in your wallet or you have ever had a cashier ask if you belong to their store's rewards program, you are likely familiar with business loyalty programs. However, you might have less experience choosing a similar program for your business. Brands…
In an era of digital banking and increased demand for mobile financial services, you might be wondering how to build a fintech app to meet changing customer needs. Your company can get many benefits from launching a fintech app, but you'll also have to navigate the difficulties of the process. With…
Can fintech and banking play nicely together? Although traditional banks might have once eyed fintech companies with concern or suspicion, the stance of traditional financial service providers seems to be evolving. Traditional banks and financial service companies no longer necessarily look at fintechs as intruders in the field but instead…
According to the Oxford English dictionary, the definition of plug and play is: Denoting or relating to software or devices that are intended to work perfectly when first used or connected, without reconfiguration or adjustment by the user. Why shouldn't fintech components be as plug and play as connecting a…
The average person has multiple financial accounts to juggle, from credit cards, to mortgages, and checking accounts. These days, an individual's personal finances are often a complex web. Keeping track of the various strands of the web is essential for reaching financial goals and achieving financial stability. Personal financial management…
Financial technology (fintech) companies are coming up with innovative ways to help people and businesses manage their money. As of February 2020, there were 8,775 fintech startups in North America. Fintechs are playing an increasingly significant role in the financial world. For instance, fintechs now grant well over a third…
Financial technology, or fintech, is on the verge of a breakthrough in Brazil in 2020. In late November 2019, Brazil’s Central Bank set out draft rules for open banking, intending to phase in the rules during the second half of 2020. These new regulations make substantial changes to the way existing…