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The Right Approach To Choose the Best FinTech Solutions Provider

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Summary: The post focuses on key points that the organizations must keep in mind while partnering with the FinTech companies. It will help your organization find the best match considering your key goals and requirements. Global investments in FinTech (Financial Technology) have tripled with new innovations and digital revolutions. Stepping forward towards digitalization, financial innovations and technological advancements is responsible for the ever-rising popularity of FinTech in financial sector. At this point, it is uncertain to state whether the growth of FinTech poises challenge or it serves as an opportunity for industry stakeholder. Undoubtedly, the market players have started to take more established steps to involve with the emerging technology.

FinTech solutions provider helps the financial services players to reimagine finance related activities digitally. They have the potential to align more precisely the role and significance of banking system and at the same time help deliver better, cheaper and faster services to make the FinTech an essential part for individuals as well as organizations.

What Matters the Most?

The key to successful investment into FinTech services is a readiness to take the risk or challenges along with having a genuine belief in the offerings of the firm for betterment of their customer base while serving their own interest. You must have a deeper look at the bottom line, at the end of day, it’s all about profits. With digital advancement of investment platforms, the information has become more accessible than ever and customers should be equally empowered to make more informed decisions. Now the questions arise, how does an organization identify the right FinTech partner? What factors should be considered while choosing a FinTech service that can better serve the core purpose?

A Company with Comprehensive Solutions and Innovative Capabilities

Examine the track record of the FinTech Solutions provider of staying at the winning edge of technology. Check if it offers a consistent product platform and a strong risk management system. Determine how your relationship with the FinTech partner will match the strategic planning? Have a clear vision and analyse what your business wants to achieve considering the time constraints (if any). Find an organization that best fit your requirements and help you achieve your goal(s). The key fact behind the success of the financial technology industry is its constant evolution. It implies that the services and solutions being offered by the FinTech services will change over the span of next five years. This brings along the need to partner with such a company that can successfully cater to your requirements by having the similar goals and objectives as yours. Choosing a right FinTech partner will help avoid the frustrations involved in looking for a new service provider or looking for cost-effective solutions. Both can work on long term partnership as it will serve numerous benefits. Since both the parties can grow and succeed together, the chances of encountering issues of service termination in the mid of the contract is unlikely to take place.

Transparency is the Key to Success

For long-term partnership, it is important that the FinTech firms has transparent services and complies to regulations at all the stages of transactions. It would be beneficial to document all the records of transactions to avoid any chances of suspicion or the risks of regulatory investigations. Information sharing and increased accessibility proves to be crucial in order to extract more accurate information from data being generated by the customers. Use of smartphones in performing finance-related activities allows customers to interact effectively so the service provider must offer an automated application that will make information tracking easier. Information tracking application or portal gives more transparent insights to the services and solutions offered by the FinTech partner. In lack of transparent approach, the partnership will start to encounter more problems and issues. Make sure that your FinTech service provider work in collaboration with compliant policies and standards to serve the customers in a better way.

Set Regulations & Technical Compatibility is Important

Regulatory guidelines and standards enable financial service executives to grow in their respective areas. Organizations can yield more profits and there is no risk of sudden modifications and changes in the guidelines and regulations. So, established banks must ensure that their partner solutions are fully compliant with the existing regulations. Another major aspect to stay competitive is to stay in pace with technology. Customers are aware of all latest innovations and utilizing technology in their day to day lives. Make sure that your FinTech partner share solutions that are latest and technically sound. The existing technology must be compliant with all popular smart devices and operating systems. In addition, technology is constantly changing; the solutions that are successful today may not be feasible tomorrow. Therefore, make sure that the FinTech services you choose to partner with should have established plans for tomorrow, so that you do not have to switch to a new service provider in case the finance industry jumps to nextgen technical era.

Moving Forward

Selecting a smart FinTech partner is the need of hour, so make this decision wisely with partnership that help yielding profits by making use of advanced technology and delivering flexible financial services to the customers.

Siddharth Kashyap loves crafting content and sharing information about technology and business. Since the world mainly revolves around, business growth, and technological advancements, you can always find her delved into the digital world.

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Digital Marketing

Advantages And Disadvantages To Market Your Brand Online

Satendra Kashyap

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Advantages And Disadvantages To Market Your Brand Online

Are you planning to launch a brand anytime soon? If so, you’ve come to the right place. In this article, we will discuss one of the more important aspects of branding—marketing your brand online.

If you want your soon-to-be business as successful some brands, then you need to continue reading as we will provide some valuable tips that’ll make you inches closer to success.

Our hard-earned money deserves to collect an equal exchange. In particular, it’s acceptable to see a businessman turn into being so meticulous when choosing an advertising agency that will promote his or her company’s product.

This is because an advertising agency, by the time that it’s already hired, will act as a partner of his or her owned company and will also contribute to its success or defeat. However, dealing with such creative team does not only produce positive results but also some negative outcomes.

Accordingly, below is an enumeration of the benefits that you will automatically claim and also some dangers that you need to become aware of if you are one of the many business owners who are aiming to put trust towards a advertising agency’s capabilities:

  • An ad agency offers a full-service to effectively attend a business’ promotional needs. With the creative director, web developers, content editors, account managers, digital marketing strategists and more, a prospective client is ensured with a powerful creative team to endorse their products or services.
  • Also, when a company laid their trust to an SEO agency, a lesser load of works is expected to come. It’s because an advertising agency will be the one to assist, consult, plot, propose and execute any advertising campaign and therefore a business entity should only have to wait for the result.
  • Seeking for agency to help also opens a good opportunity for a business company to gain ideas and views from the outside or from other sources which is beneficial for enriching an advertisement campaign as a result. Also, an advertising agency can contribute their tried and tested suggestions to improve one’s promotional project which is what any business company desires.
  • A business company can also gain advancement from an SEO company like Shout Agency because of its helpful familiarity with different marketing strategies such as the email marketing, search engine optimization (SEO), pay per click (PPC), social media, blog advertising and more. You may visit website of Shout Agency to check the packages they offered.
  • As we know, seeking an advertising agency’s services will definitely necessitate additional expenses towards a prospective client. The thing is, not all businesses are able to meet the expense of such while others sacrifice to take risk in the process as well. This downside affects small businesses more than the others.
  • An advertising agency that is adept with a diverse industry may also lack expertise to sustain the marketing need of a prospective client. It’s not uncommon for them to face a lot of difficulties along the way which can greatly harm an advertising campaign and a business company’s profit.
  • Additionally, it’s understood that a business company is comprehensively familiar with their product and services. However, an advertising agency may not have the same familiarity with any of these that a business entity likes to promote. As a result, it will either take more time or obtain failure as an outcome.
  • A limited creativity is also another drawback of hiring an advertising agency. Since its chief objective is most probably to gain profit by getting more clients or business companies who wanted to strive for an advertising relief, chances are for them to implement one creative strategy to all marketing projects even if they vary with a lot of things in different aspects at the same time.

Truly, spending to have an advertising agency that will be responsible for handling the marketing goals of a business entity does not entail good paybacks alone. Along with good SEO agency your knowledge and dedication is also important.

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Startup

Here Is All You Need To Know About The 8 Flourishing Industries For Having Your Own Startup In 2019

Neetika Mahawar

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The Flourishing Industries For Having Your Own Start-up In 2019

The Internet has brought revolutionary changes in the mindset of individuals especially in developing countries like India. In India, there are already tons of companies that are flourishing and almost every second a new company comes into existence. This is high time that even you start your own company and have your own business, as there a number of flourishing industries that opens the doors of opportunities for aspiring individuals. This is why we are going to discuss some of the great startup ideas bring possibilities of starting a business in the year 2019.

You choose any Startup Idea to try your hand in business and grab the opportunity.

1. Ad-Tech Sites

Ad-Tech Sites

Ad-Tech Sitesvia:

If you have an IT background, do not wait for any further and start your own website, be it SEO related, Blogging, or any field where you think you have a shot. This is high time that you use your coding skills, quit that lousy job and have your own company.

2. Food Industries

Food Industries

This is the only industry that never goes down as people never stop eating everyone loves to eat and every once in a while they like to eat outside this is why we believe that Food Industry never goes out of business, all you need to do is find out a good outlet that could sell your business. With growing food delivery companies we are sure you will have a good business. Also, you can start a food delivery service providing company.

3. Travel Industry

Travel Industry

Another flourishing Industry is the travel industry. There are people out there who have their own personal blog where they share their expeditions and still making money from that. If you think blogging is your thing then why not.

4. Wedding, Party Industry

Wedding Planner

People, especially in India, love to spend huge money on weddings. Even the average middle-class family manages to have a grand wedding ceremony. Not only the wedding, but people are ready to spend huge money and throw outa bid party for almost every big occasion. So, wedding planning or party planning business can get you a huge success these days.

You can also read: These 7 Startups Are Setting Standards for Other Ventures by Proving That Nothing is Impossible

5. Fitness

Fitness Trainer

If you are planning on investing in business then fitness clubs could be it. People now are more aware and conscious of their body more than ever. This is why gyms and fitness clubs are flourishing Indian market. Even Bollywood stars are enticed to invest in gym and fitness clubs business so why can’t you.

6. Makeover/ Makeup Industries

Makeup Industries

Especially for all the creative women out their, Makeover Industry is now at its peak. It is the best time to have your own makeup studio or salon if you are planning to have your own business.

7. Custom made gifts

Custom made gifts

Be it fragrant candles, lamps or any luxurious item. It is a good idea to have a business that makes and sells custom made gift items. With the help of e-commerce, you can start by selling your business online and give a good start to your career.

8. Blogging

Blogging

Having your own blog site pays off. All you need to do is wait for it and invest a little in order to advertise. Once it starts getting monetize you can expect a good business out of it.

You can also read: The Young And Dynamic 27-Year-Old Ankiti Bose Owns A $1 Billion Fashion Startup “Zilingo”

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Mobile

6 Benefits Of The Best Tripod Selfie Stick Stand For Mobile Phones

Satendra Kashyap

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Benefits of The Best Tripod Selfie Stick Stand for Mobile Phones

Can you recall the days before selfie sticks were a thing and you had to stop a stranger on the way to take a picture for you? Those were difficult days! Selfies, however, existed long before front cameras and selfie sticks. Clever peeps would turn their phones to capture photographs for themselves instead of bothering passers-by. The result most of the time was an ear that was cut off from the photo or a completely terrible angle. 

Then came the lifesaver! The selfie sticks. Despite the independence of taking your photos that it has brought, it’s a bold device to have as it makes you stand out. It has since gained a lot of popularity among millennials especially, a site of groups posing for photos in the park a common site.

So, why would you need to get a selfie sticks before you leave for that road trip?

1. Bye-bye to asking strangers to take your photos

Selfie sticks have saved us from a lot but mostly asking a friend or worse, a stranger to take photos for you according to MUZU. You can now capture your memories with that background you want to commemorate forever or your partner on your own. No help needed!

2. Wide coverage

Wide coverage

via: Pexels

Unlike taking selfies at an arm-length, selfie sticks allow you to capture a much larger view. It will enable you to capture more of nature, like the mountain in the background. It also lets you take group selfies as all your friends can be seen in one photo. You can take photos with up to seven people.

3. Group selfies made possible!

Group selfies made possible!

via: Pexels

Have you ever had to be the one to take a photo of your group of friends? It felt unfair as you had to miss that photo. With a selfie stick, no one gets left out as no one needs to hold the camera for the rest. I mean, what is the essence of a group selfie if not everyone is included!

4. Different angles

Different angles

via: Pexels

Selfie experts have it that best selfies are taken from above. It can be really strenuous to put your hand up and keep it there as you try to look for the perfect angle for that photo. Selfie sticks guarantee you an easy time taking photos from any angle you may like, without any strain to your hands. You can capture your photos from below, above on the side, the choice is yours. All you need to do is position the camera at an angle that flatters you most.

5. Minimal shaking

Minimal shaking

via: Pexels

Some of us find it challenging to ask others to take a photo of them as we get shy and ruin the photo. It would take a bunch of photographs to finally get the right pose. Taking our photos can also be difficult as our hands shake and blur the photo. If your hands shake and ruin your photos, then it’s time to get a selfie stick.

6. Capture those moments for memories

Capture those moments for memories

via: Pexels

It may be a retreat; a get-together, a date, or even a gym workout. Selfie sticks let you capture perfect photos for memories. It will feel really good to look at a selfie you took a year ago weighing a hundred kilograms when you have achieved your weight goals, right? Selfies capture the emotions you are experiencing at the moment too.

Selfie sticks are taking over across all ages in the world. Get yourself one today!

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