Published Sep 8, 2021 Most valuable feature of the gig economy is the short-term commitment to employer and employee relationship – but this feature also creates challenges for employers/businesses. It can hurt businesses by eroding company culture, removing valuable experience, and delivering inconsistent experiences to customers. To stay competitive, businesses need to do everything they can … Continued
Published Sep 13, 2021 Online travel agents (OTAs) operate on thin profit margins and must optimise their operations to protect and grow their businesses. One way is through payments, as inefficient payments systems can be costly and jeopardise customer experience – both of which will damage the bottom line. Below are five payment challenges for OTAs … Continued
Published Sep 24, 2021 The growing gig economy generates £1.9 trillion worth of transactions every year – but with expansion, new challenges have begun to arise. Amongst them are these three key hurdles, which will businesses have to overcome to make their gig economy strategy successful. 1. High cross-borders currency exchange and transaction fees International payments have historically … Continued
Published Oct 7, 2021 This excerpt is part of a longer Aite-Novarica Group syndicated research report and is provided compliments of Nium. Introduction Fintech startups have been successfully cutting into legacy players’ turf for more than a decade at this point. One reason for this success is fintech startups’ plug-and-play capabilities, which allow financial institutions (FIs) … Continued
Travel and tourism were among the sectors hardest hit by Covid-19. The 65.9% annual fall in air passenger traffic in 2020 reported by the International Air Transport Association (IATA) was the biggest decline in aviation history, and no form of transport or travel has gone unscathed. The result: online travel agents (OTAs) have experienced a … Continued
Latin America is one of the world’s most promising markets when it comes to digital payments. Despite an under-developed banking system, the countries in this region have one of the highest smartphone adoption rates. Availability of technology and growing mobile penetration pose a robust opportunity for Nium to create a cost-efficient and secure payment infrastructure … Continued
In five years, B2B marketplace purchases are predicted to make up 30% of all corporate sales. It’s not surprising: on one side, marketplaces are providing small business suppliers better access to the B2B industry. On the other, they are also offering established businesses a wider pool of suppliers and an opportunity to unlock new growth … Continued
Open banking is poised to be the next wave of digital transformation in the financial sector. One of the key components to open banking is banking-as-a-service (BaaS), in which banks open up their systems and allow fintechs and other third parties to build offerings on their regulated infrastructure. Mexico’s Accendo Banco has been an early adopter to this trend. Host Taneia Bhardwaj chats with the bank’s director of consumer banking, Francisco Perales to understand if the BaaS bet has paid off.
Topics and questions that were addressed on the panel include: How do you evaluate a business in this everything-on-Zoom era? How do you build a recession-proof business? Which segments within fintech are investors paying close attention to? What is happening to fintech valuations? What are the funding options founders should pay attention to? The audience … Continued