EditorialFinTech--Simplifying Processes for CustomersAlmost every economic sector has been disrupted by the pandemic, and FinTech is no exception. COVID-19 has driven the financial industry to incorporate new technologies that have transformed the ways businesses operate while addressing customer needs better and adding a customer-centric approach. Owing to these, customers today are also inclined to manage their transactions and business online rather than depending on the glacial-paced traditional financial services. The rapid growth of FinTech has proved to be immensely beneficial for customers across the world in a multitude of ways. These technologies have facilitated companies to achieve more accurate and effective systems for invoice issuing and payment collections. Additionally, FinTech is helping to offer more professional services to improve customer relationships that can assist in retaining the customer base. As the use of mobile devices and applications has increased in manifolds, FinTech services that allow online transactions, money transfers, e-wallets, and much more make it very convenient for users and raise the usage rates. The mobile applications help more people access these services and increase the convenience and efficacy with the ability to manage their finances through smartphones and tablets and simplify processes. Further, many small businesses have started using alternative service providers who deploy leading FinTech solutions to raise the affordability and accelerate approval rates for finances. Unlike traditional financial services, in many instances, FinTech solutions can execute and complete application processes, money transfers, payments, approvals, and many other activities within 24 hours. One interesting addition to this sector has been the robotic consultations that benefit consumers immensely in providing them with the right guidance. The services are nimble, low-cost, and efficient, offering users vital insights into investment plans, person's spend analysis, savings, exposure to risks, and any other in-depth advice just like any professional consultant. Today the financial technology companies have taken reciprocal paths to progress with out-of-the-box, disruptive techniques in dynamic business scenarios. These services are gaining immense prominence worldwide, replacing the conventional financial services in various sectors, including payments, electronic commerce, wealth management, banking, e-commerce. Against this backdrop, CIOApplications Europe has compiled its latest edition to shed light upon the top-in-class FinTech solution providers in Europe.Let us know your thoughts!Royce D'Souza Managing Editoreditor@cioapplicationseurope.comEditorial StaffBen Jackson Ezra BenjaminJames SmithCalvin JamesSenior WritersLeah JaneClara MathewJoe PhillipSalesJennifer.Sjennifer.s@cioapplicationseurope.com 510.996.5125Graphics & ArtChris LynnRonald Donovan*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact Us:Phone: 510.996.5125Email:sales@cioapplicationseurope.comeditor@cioapplicationseurope.commarketing@cioapplicationseurope.comNOVEMBER - 26 - 2021, Vol 05 - Issue 12 (ISSN 2644-2531)Published by ValleyMedia, Inc.To subscribe to CIO Applications EuropeVisit www.cioapplicationseurope.com Copyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Royce D'SouzaManaging EditorRoyce D'Souza
< Page 5 | Page 7 >