Why Do Businesses Outsource Financial Services?

March 22, 2022

Why_Do_Businesses
The most common reasons for outsourcing financial services are: Reduce Costs, Focus on Core Business, Enhance Service Quality, Access to Financial Skills and Infrastructure, Critical to Business Needs, Drive Transformational Change, and Manage Business Environment.

Spotlight

Finix

Finix makes it easy for software platforms of all sizes to process payments while increasing revenue and reducing cost. Finix is trusted by startups and publicly traded companies alike to build and scale their payments infrastructure. Headquartered in San Francisco, Finix is a privately held company with funding from American Express Ventures, Bain Capital Ventures, Homebrew, Inspired Capital, Lightspeed Venture Partners, Sequoia Capital, Visa, and more.

Other Infographics
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The world of fintech

Infographic | January 28, 2020

Since the introduction of the first credit card with a magnetic stripe in 1966, financial technology has come a long way. Silicon Valley may not have birthed the term “fintech”, but it has certainly helped catapult its applications into the mainstream. Leveraging everything from basic apps to the blockchain, the changing dynamics of fintech are creating new investment opportunities every day, growing its appetite with every new megadeal.

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State of the Fintech Industry

Infographic | December 24, 2019

Tech firms have enjoyed a deluge of funding in the last few years. As discussed in our State of Venture Capital report, 2018, in particular, was a bumper year, with a total of $254 billion invested globally into ~18,000 startups through venture capital funds—a sharp increase of 46% from 2017’s total. Figures for 2019 are not yet completely finalized, but initial reports point to a slowdown in funding levels in the first half of the year and a mild rebound in Q3.

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What to expect from Open Finance in 2021?

Infographic | April 7, 2021

Open Finance involves an extension of Open Banking principles to a wider field of financial services and products. It is a new paradigm where data from multiple sources beyond banking can help build innovative and inclusive financial services. These conditions make Open Finance a perfect fit for Latin America, a region where users’ financial lives don’t take place exclusively within the walls of banks. In part, because part of the population is still underserved by traditional financial institutions: only 51 percent of adults in the region are bank account owners. And, increasingly, because emerging fintech providers are targeting these customers with digital solutions.

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3 Reasons Tokenization Can be an Intelligent Move for Investors Today

Infographic | March 9, 2022

Three ways tokenization will assist investors in making wise investment decisions: Reduced Extrinsic Value, Follows Safety Measures Rather Than Encryption and PCI Complaint Security Measure.

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How to ensure financial stability in the dynamic automotive sector

Infographic | December 20, 2019

There is a great deal of conversation around cars, more so than ever before. Technological developments, climate agreements and the mobility behaviour of consumers are causing a disruption in the automotive sector and raising many questions. When will self-driving, autonomous cars become commonplace? Should everyone invest in electric cars, and are there other alternatives to combat increasing CO2 emissions?

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Marketplace Payment Statistics

Infographic | December 12, 2019

Payment processing is one of the most crucial aspects of running an eCommerce marketplace. When you’re starting an online mall like Amazon or eBay, make sure you can offer the most convenient payment methods for your customers. It’s important to keep in mind that the payment method’s popularity greatly depends on the country you’re selling in. You can easily lose customers at checkout if they don’t trust or don’t like your payment methods.

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Spotlight

Finix

Finix makes it easy for software platforms of all sizes to process payments while increasing revenue and reducing cost. Finix is trusted by startups and publicly traded companies alike to build and scale their payments infrastructure. Headquartered in San Francisco, Finix is a privately held company with funding from American Express Ventures, Bain Capital Ventures, Homebrew, Inspired Capital, Lightspeed Venture Partners, Sequoia Capital, Visa, and more.

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