Consulting & Projects with “Massive” Advanced Technology
Financial Technology, which is commonly known as Fintech, is seeing explosive growth. Since inception, Massive Wisdom Group has been providing the “brain power” to new technologies in payment, data management, processes, governance and security through our consultative and educational approach in online platform building.
We are also constantly working with FinTech partners on opportunities for disruption in the financial services sector, including launching new Fintech ventures and harnessing new technology to build better financial services projects.
Dear Potential Partner(s),
Thank you for your interest to work on FinTech with us. Financial Technologies popularly known as FinTech is the current technological innovation that competes with outdated financial approaches in the provision of financial services. FinTech is business that has an objective at providing financial services by using modern technology and software. With its rapid growth, FinTech received an investment of US$17.4 billion in 2016 and US$38 billion in 2017. The use of investing services, mobile banking, cryptocurrencies and mobile banking are examples of innovations that have an aim of making financial services more accessible to the general public. The services can originate from multiple independent service providers which may include at least a licensed insurer or bank. The FinTech businesses compete openly with commercial banks in major regions of the financial field to sell financial solutions and services to the clients. This innovation recognized early that all kinds of financial services, such as money lending, transfer, payments (and capitalizing which need integration in the world of the sophisticated customers) and related tech-savvy services of the day to continue being applicable in the business sector and individual life which is progressively being digitized.
Fintech companies use technology as broad as payment applications to more sophisticated applications such as big data and artificial intelligence. In most cases, the internal features and regulatory factors that govern the banks will make it hard for them to compete with the FinTech startups especially in terms of innovation and speed. The dramatic increase in FinTech investment is likely to continue because it touches not only the financial services but also the all the businesses that the financial services industry deals with. As a spillover effect, Fintech is shifting the customer opportunities and behaviors at a rapid rate. Now, consumers have the ability to get access to data at any location easily which implies that they can ‘deposit a check’ or change their investment portfolio while on transit.
Currently, we are open to work with all good partners involving in the FinTech revolution. If your are a conference / seminar organizer, you can even bring us in to talk to your clients. The only limit to a great partnership opportunity is your organizational imagination.
Thanks and cheers!
Alvin Lam, Group Director of Massive Wisdom Group Pte Ltd, Singapore