12 Results from 2022
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Insurance is one of the industries actively introducing technology into its processes. In 2021, 59% of insurance firms increased their investment in innovation to show customers new and better ways to deliver services, collect data, and detect fraud. Currently, blockchain technology constitutes a small but significant part of InsurTech's innovatio...
08 September 2022 /payments /markets Financial Transformation
Nowadays, banking apps are widely used not only by professionals. Leading banks cooperate with experienced fintech software development companies to create efficient banking solutions that will meet the requirements of any client. In the epoch of increased mobility digital services are getting more and more popular, therefore, it is vitally import...
26 August 2022
The new digital reality is rapidly and irrevocably changing our lives. The impact of digital technology on civilization can only be compared with the appearance of fire when it became clear from the first spark that the world would never be the same. A similar thing has happened again when people can study, work, relax, shop and manage their finan...
11 August 2022 /payments /markets Financial Transformation
Application Programming Interfaces are an integral part of the emerging digital space. Without them, benefiting from many of today’s habitual financial services would be at least difficult if not impossible. In this piece, Andersen’s experts in FinTech software development will tell how API-based IT solutions contribute to the success of banks and...
21 July 2022 /payments /markets Digital Banking Trends
20 years ago, one bank was enough for our parents to manage money transactions, from savings to insurance. The situation changed dramatically when there emerged more financial companies and competition for clients began. Suppliers offer to switch banks enticing people with favorable savings rates, gift cards, or bonus systems. The leader is the on...
03 June 2022 /wealth /retail Digital Banking Trends
AI in the financial technology market Artificial intelligence has become a promising technology for enterprises from various sectors of the economy. Financial companies are pioneers and leaders in this field. Autonomous Research calculated that by 2030 AI will save the industry up to 22% of the funds. Forrester estimates that about half of the wor...
18 May 2022 /startups /markets Fintech
The pandemic provoked a crisis in many industries, including FinTech. Due to quarantine measures, banks, credit institutions, and insurance companies had to close their branches temporarily. Despite the obstacles, the new realities have become an incentive for the financial industry development, financial software development, and digital services...
04 May 2022 /startups /markets Financial Transformation
Online banking has changed the model of customer interaction with financial institutions. The American Bankers Association has found that people are more likely to manage money through smartphones (39%). 32% of consumers access online banking from a laptop or a PC. Only 10% of clients prefer to conduct transactions in a bank branch. A similar situ...
17 March 2022 /startups /inclusion Fintech innovation and startups
In 2021, the international consulting company Capco prepared a review Insights for Investments to Modernize Digital Banking. Researchers found that 86% of customers see personalization as the basis of their relationship with banks. Consumers are ready to give annual feedback on the work of financial institutions to improve the quality of services...
04 March 2022 /wealth /retail Banking Strategy, Digital and Transformation
Businesses are gradually beginning to realize that digital ecosystems (DEs) are the right course of development. Companies that cooperate with each other can provide customers with better services. Amazon, Apple, Uber, and other brands are no longer associated solely with sales, smartphones, and taxi services. These corporations have evolved into ...
15 February 2022 /wealth /markets Open Innovation Ecosystem
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