If you are looking to obtain an Authorised Payment or Electronic Money Institution license, Advapay offers its legal, technical and business expertise to help you start your fintech business. Filling out an application form Communication with regulatory authority during the application phase Assistance in the development of a business plan Assistance in the opening of safeguarding accounts Company formation, staffing services. IT documentation. We can help you to choose the best suited jurisdiction to your fintech business from the list below or any other on request. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website.
This Report points out the EBA's key observations on PIs' and EMIs' strategies and business model changes, in particular focusing on the current trends and drivers, the different approaches to FinTech, including their interaction with BigTech firms, and the level of implementation of innovative technologies. The Report, which is in line with the priorities listed in its FinTech Roadmap, does not foresee or intend to model scenarios for potential future development of institutions. The Report aims to share knowledge and provide support to supervisors and other stakeholders in identifying and understanding the main trends that could impact PIs' and EMIs' business models and pose potential challenges to their sustainability. While there is a slight trend towards internal development of products and services using FinTech, without necessarily the involvement of external partners, a significant number of institutions partner with FinTech firms and technology providers for the development of innovative products. With BigTech firms posing a potential threat to the sustainability of PIs' and EMIs' business models, institutions are planning to focus on strengthening customer loyalty in a potential increased participation of BigTech firms. The outlook of the payments sector is quite positive in terms of revenues and profitability, with an overall expectation for increased customer base and new or revamped products, accompanied by an increase in internal FinTech developments and IT spending.
Recent events in the United States and abroad have reaffirmed how vital it is for every type of business and institution to have a business continuity plan. For financial institutions, these attacks solidified the need to be prepared and equipped to respond in times of crisis, threat, disaster and other incidents. When banks and financial institutions fail to operate, businesses fail, jobs are lost, homes are lost, and communities fail to prosper.
It's just good business to offer your customers options for making payments. These options can include payment plans, using credit or debit card, online payments, checks, cash, money orders, cashiers checks, automatic withdrawals or western. People tend to support that which they help to create," says author Vince Pfaff. I am sure you can relate to this quote and so can your customers.
My writer was so good and efficient that I received almost every chapter a few days early which was great! You can tell that they worked really hard and did such good research for my lit review chapter and supervisor had barley any comments which was a relief