FinTech, Banks

Can FinTech Outcompete Banks by Betting on User Experience?

Bill Gates said that banking will always be needed. But banks as we know them could easily disappear. And FinTech is all about winning changes and everyday improvements.

In 2015 venture capitalists raised $19.1 billion USD to support FinTech revolution. With the five biggest banks controlling nearly $15 trillion in assets, FinTech’s $19.1 billion in venture investments look like peanuts. But, the FinTech trend is only growing stronger and it's attacking the most profitable sectors of banking.

Read the full article in FINEXTRA.

One fintech company that has just launched in the real-time cross borders payment space certainly thinks it can provide a competitive alternative to the existing opaque, siloed and inefficient banking networks. And the user experience right at the centre of their strategy.

Built on a common global infrastructure and bringing new efficiencies to financial remittances by enabling near real-time settlements, improving visibility and reducing risk, FlashFX delivers tangible advantages from a technical, a financial and user experience perspective.

Based in Sydney Australia, FlashFX is a cutting edge fin-tech startup engineered from the ground up to deliver intelligent foreign exchange transfer services without hidden fees.

Using the innovative Ripple technology platform and XRP, Ripple's digital currency, FlashFX delivers extraordinary transparency, speed and transactional control to users.

FlashFX provides a lean high-performance foreign exchange transfer payment services that safely, efficiently and reliably provides users with a better customer experience.

The technology tightly integrates payments messaging with funds settlements, allowing for unprecedented visibility and performance.

Unlike the banks, FlashFX puts their customers in control. They can choose a target conversion rate, automate the international money transfer and track their currency transfer, like a package, from start to finish.

Learn more about FlashFX and sign up to benefit from their cutting-edge technology, great rates, transparency and control.

Author image

About Tim Strube