Consulting Services Group, LLC’s Post

💪 April is #NationalFinancialCapabilityMonth, and we’re highlighting how #fintech leverages innovation to offer better financial services to consumers and small businesses. Check out some examples below ⬇️ ⚡️ Lower costs: Modern payment systems ensure more efficient payments, help people avoid fees, pay bills on time, and access credit more quickly. Research shows that fintech saves the average American an estimated $360 a year on bank fees and interest. ⚡️Personalized financial services: Based on a consumer’s credit profile or financial goals, platforms can suggest specific credit or financial products, like loans that align with their #creditworthiness, tools to manage cash flow, or deposit accounts with higher interest rates. ⚡️Greater transparency and control: #OpenBanking innovation led by fintech companies puts consumers in control of when and how they share their financial data with the apps and services they want. ⚡️Powering small businesses: Fintech supports the entire life cycle of a #SmallBusiness. Studies show that 84% of small business owners using more than 6 technology platforms saw increased profits, and 82% saw increased sales. 📢 Learn more: https://lnkd.in/e4-Wb5i7

Fintech: how is the world shaping the financial innovation industry | Gilbert + Tobin Lawyers: The fintech landscape has rapidly expanded worldwide, forcing traditional financial institutions to evolve in response to this more innovative ...

The integral position that financial technology (Fintechs) institutions have come to occupy in the financial sector cannot be overemphasized. https://lnkd.in/eQ4yPA53 #fintech #wealthmanagement #investment

The integral position that financial technology (Fintechs) institutions have come to occupy in the financial sector cannot be overemphasized. https://lnkd.in/e5tchSm8 #fintech #wealthmanagement #investment

Want to understand how FinTech can enhance your financial life? Click the link to uncover the transformative impact of financial technologies on investing and personal finance management. Don't miss out on the future of finance! Read more: https://lnkd.in/giqV4ppx #FinTech

Ryan Day, Head of Tech at Moore Kingston Smith, speaks to Chirag Shah, CEO of Nucleus Commercial Finance, about what issues are impacting his business and the wider fintech sector. This is the first in a series of interviews with technology business leaders, exploring the challenges, trends and opportunities they are experiencing in an ever-changing industry. #FinTech #Tech #Technology #BusinessLeaders

The integral position that financial technology (Fintechs) institutions have come to occupy in the financial sector cannot be overemphasized. https://lnkd.in/dngcYsvP #fintech #wealthmanagement #investment

Great discussion of the importance of the strategic use of technology, including diverse uses of technology, in scaling a financial services business. https://lnkd.in/gQWh8PyQ #technologylawyer #fintech

The world of fintech software is on fire. So, ride the fintech wave, innovate, and make financial services work better for everyone. The future of finance is being written in code. #FintechRevolution https://buff.ly/3kyCLN6

Invisible Financial Titans – Let’s uncover the ‘Untold Story of Invisible Financial Titans’ Many businesses we engage with today are embracing customer prepayments as deposits. Interesting billions of dollars are here. From beloved brands like Coffee brands to toll gate operators, these giants hold significant financial power, often overlooked by the public eye. Yet, behind the scenes, customers face a silent struggle, with their hard-earned funds locked away and access limited. It’s a narrative of frustration, uncertainty, and the yearning for financial liberation. In this blog post you and me will delve into the human side of this financial phenomenon, exploring its impact on individuals and communities alike. #AILabPage #Fintech