Ce diaporama a bien été signalé.
Le téléchargement de votre SlideShare est en cours. ×

2020's Leading Fintech Companies to Watch

Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
2020s Leading Fintech
Companies to Watch
Featuring for the Cover Story is Euro Exim Bank Pvt. Ltd, a
firm that is integra n...
ISO 9001:2015 Certied Media Firm
™
COVER STORY | 08
CONTENT
EURO EXIM
BANK LTD
SnapCheck | 16
Taking Digital Finance to
the Next Level
Everyware | 22
Providi...
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Chargement dans…3
×

Consultez-les par la suite

1 sur 32 Publicité

2020's Leading Fintech Companies to Watch

Télécharger pour lire hors ligne

Welcome to The Business Fame’s exclusive issue; "2020’s Leading Fintech Companies to Watch" here we have highlighted some companies whose efforts for innovations in FinTech industry is growing very fast with its simple and convenient solutions.

Welcome to The Business Fame’s exclusive issue; "2020’s Leading Fintech Companies to Watch" here we have highlighted some companies whose efforts for innovations in FinTech industry is growing very fast with its simple and convenient solutions.

Publicité
Publicité

Plus De Contenu Connexe

Diaporamas pour vous (20)

Similaire à 2020's Leading Fintech Companies to Watch (20)

Publicité

Plus récents (20)

2020's Leading Fintech Companies to Watch

  1. 1. 2020s Leading Fintech Companies to Watch Featuring for the Cover Story is Euro Exim Bank Pvt. Ltd, a firm that is integra ng innova ve technology in digital banking. EEB emphasizes on defining the terms 'digital' and 'digitaliza on' correctly. For EEB, being digital is the review, enhancement, and implementa on of a strategy involving all processes across the organiza on, delivering the ability to ra onalize, standardize and re-use data in mul ple areas of the business, fully interoperable with internal and external sources, avoiding duplica on, error and excess cost. With businesses taking a new turn, the ways of investments have also changed and organiza ons have come up with much more impac ul ways. The more prominent among them is the rise of Fintech. Fintech is making the finance much more organized and inclusive. Over the last decade, the start-up ecosystem in India has seen an enormous boom and with it people have come up with innova ve services in the financial sector. This issue of The Business Fame of 2020s Leading Fintech Companies to Watch features some of the leading companies that have come up with and are presen ng the people with innova ve solu ons in finance. In an Interview with The Business Fame read about SnapCheck. SnapCheck's revolu onary digital payments pla orm gives businesses a universally accepted digital payment form that cuts costs by 70% and fraud risk by an addi onal 90% over any other payment type, while providing greater payment visibility and control than any other payment form today. Through the simple and human-centric user experience of a digital check, coupled with our proprietary Smart Se lement technology, SnapCheck drives payments infrastructure moderniza on and payments digi za on on a global scale. Launched by Larry Talley and Sco Orlinsky in 2015, Everyware is a leading contactless payments and customer engagement solu ons company. Everyware offers simple billing solu ons for organiza ons in a wide variety of industries helping companies collect payments and connect with customers, especially through text messaging, the ul mate contactless technology. The company helps clients to boost revenue, reduce chargebacks and refunds, as well as improve customer service. There is no other highly secure, mobile communica on pla orm and payment gateway on the market that combines these tools to meet the demand. It is the most straigh orward, simple and scalable Pay by Text pla orm that has the capability to work alongside exis ng systems with easy integra on. ™ ™ ™
  2. 2. ISO 9001:2015 Certied Media Firm ™
  3. 3. COVER STORY | 08 CONTENT EURO EXIM BANK LTD SnapCheck | 16 Taking Digital Finance to the Next Level Everyware | 22 Providing the Pay by Text Ultimate Contactless Technology Top Fintech Trends to Watch in 2020 | 26 FROM THE EDITOR CANDID CONVERSATION WITH TBF
  4. 4.
  5. 5.
  6. 6.
  7. 7. 11 | MARCH 2021 ™
  8. 8. 12 | MARCH 2021 ™
  9. 9. 13 | MARCH 2021 ™
  10. 10. 16 | MARCH 2021 ™ SnapCheck Taking Digital Finance to the Next Level Ken Kruszka | Founder & CEO
  11. 11. 17 | MARCH 2021 ™ The FinTech sector has undergone a massive transformation in the last couple years. Taking specifically digital payments into consideration, the need for physically visiting banks for our financial needs is now becoming an increasingly redundant requirement. A couple years back, while running a business, I had a challenge. I wanted to pay the people who worked for me via electronic payments. I asked my employees how they would like to get paid, they all offered up different ways, but in the end the only answer that everyone agreed on was “Just give me a paper check!” I ended up blocking 4 days a month just to pay payroll by paper checks. I thought this just can't be a problem only for me. So, I asked a few of my friends who are business owners and they told me they do exactly the same thing. I could not believe it. There had to be a better way. No matter if you're a large enterprise looking for a simple, cost-effective platform to manage your payments or a In an interview with The Business Fame with Ken Kruszka the Founder & CEO of SnapCheck providing go-to-market strategy centers around enablement of our partners to better serve their customers and users. 1. Brief us about SnapCheck journey of rich experience – origin, inception, early issues, success stories, and major milestones, to name a few. A Word from Our CEO Flawless access and utmost convenience are the primary factors that make digital payment platforms our go-to option for all financial tasks. Undoubtedly, security is a pressing concern and companies across the world are competitively pacing towards providing customers with the most secure, easy and rewarding services. So, we created the “paper check killer,” a concept that was validated and verified when we won Bank of the West's North America Hackathon, followed by winning the BNP Paribas International Hackathon shortly thereafter. From these humble beginnings, we created a way to make any- to-any payments that are democratic and instantaneous as wells as a fully functional business suite with APIs to customize your offerings even further. We also believe that every business is unique. No two are the same with respect to how they manage payments, time horizons, risk profiles, and personal values. Therefore our tools allow you to easily customize our APIs to your business needs. Although we provide a standard tool kit for business payment and management, you can easily build your own from scratch. small business owner looking for a tool that reflects your accounting needs, SnapCheck provides you with a platform and tools to achieve your unique goals. Ken Kruszka – Founder & CEO That was the first major validation point. From there, we've received critical acclaim from a number of sources. Here's a list of our major awards: Ÿ Global Business Awards Best Digital Checking Solution Ÿ BBVA Startup Walk of Fame Early validation came from winning the global competition conducted by Bank of the West and BNP Paribas. Ÿ RedHerring Top100 North America Winner Ÿ API: World Best in Payments API Ÿ CIO Review Top 20 Payments Tech Provider Ÿ Singapore FinTech Festival – Featured Startup Ÿ KPMG Top 20 Global FinTech Startup Ÿ Future of Money & Technology Startup Winner Ÿ Celeriti Hack-the-Core Winner Ÿ Money2020 – Featured Startup Ÿ FiNext Top 10 Companies in Finance Ÿ Bank Innovation Top Innovators to Watch Ÿ BNP Paribas International Hackathon Winner Ken is a FinTech and Payments pioneer, who holds the distinction of being the first person to send $1 around the world by mobile transfer. In addition to being an accomplished executive, leader, and entrepreneur, Ken also advises early-stage companies looking to establish product-market fit and accelerate growth on a global scale (mentoring for UnBank Ventures, INV Fintech, The Founder Institute, and Village Capital). 2. Brief us about the CEO/Founder of SnapCheck. Short Bio – Ken Kruszka Ken leads SnapCheck in revolutionizing business-to- business payments: eliminating $50 Billion in costs, removing $20 Billion in fraud. Previously, as co-founder and CEO of m-Via, Ken grew the company into an industry-recognized leader in mobile financial services and brought the company to cash-flow positive before leading m-Via through an acquisition by Boom Financial. Ken is a Founding Member of the Faster Payments Council, as well as a member of the Federal Reserve's Business Payments Coalition and the FedNow Community. Ken has recently been named a Top Innovator to Watch by Bank Innovation, a Top FinTech Innovator by Aspioneer, and a Leading Corporate Digital Transformation Innovator by Databird.
  12. 12. 18 | MARCH 2021 ™ 3. Kindly talk about the exclusive products or services offered by SnapCheck, How does it distinguish you from your competitors? Solution SnapCheck's multi-award-winning platform includes easy to implement APIs and pre-built, drop-in Widgets that reduce partner integration time to hours instead of weeks. Compared to paper checks, SnapCheck is instant, less expensive (70%), reduces fraud (90%), and provide greater data and visibility into a business' cash flow. Compared to ACH, SnapCheck provides an easier, more intuitive payment experience, with reduced fraud (95%), and greater security and peace of mind for both payor and recipient. B2B payments are trapped in the dark ages (dominated by paper checks) and cost business over $70 Billion in costs and fraud annually. Company: Here's a bit of our sales pitch to partners: * Whitelabel-ready B2B Digital Checking-as-a-Service solution. Reference customers include BBVA. SnapCheck's revolutionary digital payments platform gives businesses a universally accepted digital payment form that cuts costs by 70% and fraud risk by an additional 90% over any other payment type, while providing greater payment visibility and control than any other payment form today. Through the simple and human-centric user experience of a digital check, coupled with our proprietary Smart Settlement technology, SnapCheck drives payments infrastructure modernization and payments digitization on a global scale. * Founded in 2015 by digital payments pioneers. Part of RBC-sponsored EvoNexus FinTech Accelerator. SnapCheck's go-to-market strategy is not a direct model, but as an enabler for our partners to bring our unique and powerful Digital Checking Service to their users through our flexible API and whitelabel-ready Widgets. Problem Partnership Proposal: Bank/Partner can rapidly and profitably offer a Partner- branded Digital Checking service, that delivers the following outcomes simultaneously: * Bank-friendly partnership model: whitelabel-ready platform, licensed on a per digital payment basis. Ÿ Rapid, viral acquisition of new clients, as payees + payors enroll in the Partner-branded service. Ÿ Unlike competing Digital Checking platforms, SnapCheck's API-based platform was designed to allow Partner to immediately offer a Digital Checking Service that is Partner-branded, embedded within Partner's online banking portal, and/or customizable to match Partner's online banking interface (i.e. whitelabel- ready). Ÿ Unlike other digital payment platforms (e.g. PayPal/Venmo, cards), which create on-boarding friction and tax the recipient up to 3%, SnapCheck's API-based platform leverages existing client AP+AR processes, and existing bank infrastructure/rails. The delta between high client value, and low per-transaction bank cost (comparable to ACH), is a profit-generating opportunity for Partner. Ÿ Ability to monetize newly-digitized money-flow data, across the new Partner payments network. SnapCheck Differences versus alternatives: Ÿ Re-capture of revenue + profit that otherwise goes to proprietary digital payment platforms. Ÿ Ability to capitalize $4+ per paper-check life-cycle cost-savings, by moving clients to digital. “We are impressed by the work that has already been done by this innovative group of entrepreneurs, and are excited to see how the projects evolve over the next six months,” said Andy Harmening, vice chairman for consumer banking, Bank of the West. “This international hackathon is a clear example of how both Bank of the West and BNP Paribas are pushing forward in the areas of innovation and nance with the goal of building a better experience for our customers – no matter where they live in the world.”
  13. 13. 19 | MARCH 2021 ™ 7. How do you portray the future of SnapCheck in the next decade? SnapCheck is leading the global transformation of business payments. In the next decade, SnapCheck will be the dominate world-wide business payments network converting the $100 Trillion dollars in business transactions that are today still conducted on paper check into fast, secure digital payments. SnapCheck is on a mission to eliminate paper checks and empower businesses to adopt digital payments. We're doing this not only with our multi-award winning digital payments platform, but also by leading the way in the guiding industry groups. SnapCheck is a founding member of the US Faster Payments Council, a member of the FedNow Pilot Community, a member of the Federal Reserve's Business Payments Coalition. SnapCheck helps businesses save time and money, eliminate fraud, gain visibility into cash flows, achieve better cash management… within existing back-office processes. 5. What is the present scenario of the Fintech industry? How are you contributing to making it better? We live in the golden age of Fintech. In just the past few years, the amount of change in financial service has been astounding. For SnapCheck, we're driving payments modernization and leading the transformation of business payments which have traditionally been stuck in the dark ages (conducted on paper checks), helping companies to embrace faster, more secure, more convenient digital payments. 6. What are the marketing strategies adopted by SnapCheck? 4. What is the vision and mission of SnapCheck? SnapCheck's go-to-market strategy centers around enablement of our partners to better serve their customers and users. These partners are financial institutions, accounts payable automation providers, mass disbursements companies, bookkeepers and accountants, and more. Since we're not specifically working directly with the end-user business, but through these partners, we shy away from mainstream marketing channels and focus on industry events and publications to establish these relationships. 8. With respect to your distinctive products and services, how have you helped bring positive developments in the fintech industry? 10. What is the current industry scenario from your perspective? 9. What advice would you give to the upcoming entrepreneurs and professionals? My best advice for entrepreneurs, especially in the fintech industry, is to really know the industry. As the saying goes “Those who fail to learn from history are doomed to repeat it.” So, it pays dividends to study the history of the industry that you're trying to change. Our predecessors weren't dumb people. They didn't purposely make bad choices that would hinder future generations. They looked at the current landscape and tried to solve problems of the day in the best ways they could, with the best technologies available to them. So, I believe that it's important to understand “how we got here” before we can really determine the best path forward. Paper checks are a terrible scourge that still plagues the US and many parts of the world. In the US alone, businesses spend $50 Billion annually just to write and send paper checks. And that doesn't account for the $10 Billion per year that businesses and banks lose due to fraud. SnapCheck eliminates 70% of these costs and over 90% of that fraud due to our advanced and secure platform, making SnapCheck by far the most economical and the most fraud resistance payment mechanism available in the world today! We are living in the golden age of fintech. The banking and financial services industry, as well as businesses and consumers alike, have awoken to the fact that the old ways and the old technologies no longer work for the modern world. Now is the time for all of use to invent the future of banking and financial services. And, at SnapCheck, we're doing our part by leading the way to payments modernization for businesses in the US and beyond.
  14. 14. 22 | MARCH 2021 ™ Everyware Providing the Pay by Text Ultimate Contactless Technology Ken Kruszka | Founder & CEO
  15. 15. 23 | MARCH 2021 ™ n an Candid Conversation with TBF , Larry Talley, IFounder of Everyware gave some insightful views and highlighted the ultimate contactless technology influences made by their company to be the most prominent fintech solution provider. 1. Brief us about Everyware journey of rich experience – origin, inception, early issues, success stories, and major milestones, to name a few. 2. Brief us about the CEO/Founder of Everyware. Larry Talley is the founder of Everyware, a leading contactless payments and communications solutions company. His passion for partnerships, connecting with people, business development, and customer satisfaction led to the creation of a payment and communications solution like no other. Everyware combines the tools that meet the new demand for contactless payment and two- way messaging in a multitude of industries. Larry served his country in the U.S. Navy and lives in Austin, TX with his wife and three sons. 3. Kindly talk about the exclusive products or services offered by Everyware, How does it distinguish you from your competitors? Launched by Larry Talley and Scott Orlinsky in 2015, Everyware is a leading contactless payments and customer engagement solutions company. Everyware offers simple billing solutions for organizations in a wide variety of industries helping companies collect payments and connect with customers, especially through text messaging, the ultimate contactless technology. The company helps clients to boost revenue, reduce chargebacks and refunds, as well as improve customer service. There is no other highly secure, mobile communication platform and payment gateway on the market that combines these tools to meet the demand. It is the most straightforward, simple and scalable Pay by Text platform that has the capability to work alongside existing systems with easy integration. Everyware connects seamlessly with existing systems Everyware is the best Pay by Text and two-way messaging platform in the U.S. market. It’s easy to get started, scalable across all platforms, and works alongside existing billing software systems with easy integration, empowering and adding value. 4. What is the vision and mission of Everyware? Everyware is PCI DSS (Payment Card Industry Data Security Standard) compliant and HIPAA certified, and customers don’t need to download an app or memorize any passwords to use Everyware. 5. What is the present scenario of the Fintech industry? How are you contributing to making it better? thanks to an open API. Companies can easily add Everyware Pay by Text, two-way messaging, and other features into the platforms they know or keep using their current CRM systems alongside a streamlined texting platform. Also, Everyware’s team of highly experienced developers are available to support customized, enterprise- level integration. Right now, around the world, there’s a strong desire to stop using cash and a need to streamline business logistics. It’s now perceived as dangerous to exchange cash or remit your bill in-person. The demand to get rid of cash is real and growing. Now is the time to give contactless a try and what would have happened either way in the industry has now been accelerated because it is something everyone Everyware helps companies collect payments and connect with customers, especially through text messaging, the ultimate contactless technology. COLLECT PAYMENTS FASTER WITH PAY BY TEXT.
  16. 16. 24 | MARCH 2021 ™ 6. What are the marketing strategies adopted by Everyware? 8. With respect to your distinctive products and services, how have you helped bring positive developments in the industry? Everyware uses its technology to gather leads from Everyware.com. Notice, you can text in to see Everyware in action from every page on our website? When you send a text it arrives in the Everyware messaging center, where the team then tags and follows up with the contact to show them all of the features available to help their company connect and collect more. 7. How do you portray the future of Everywarein the next decade? Everyware is the type of technology that puts us where we expect to be in 2020. Our name says it all – we are Everyware and we plan to be everywhere! We will expand further beyond payments next. We are already taking Everyware’s solutions into new business and industry verticals that will see great success with our technology. wants and needs. People don’t want to touch cash or credit cards anymore; making our solutions for contactless payments the answer. At a time when everyone is worried about safety and not touching things they don’t need to touch, Everyware’s solutions are perfect for all industries. All businesses and organizations who accept payments or want to have good communication with their customers can use Everyware. One example is how we are working with more and more retail pharmacies. Everyware’s platform helps to improve their billing and communication efficiencies which means that it saves patients time and money. 9. What advice would you give to the upcoming entrepreneurs and professionals? 10. What is the current industry scenario from your perspective? The FinTech and communications technology industries are helping other companies adapt faster than ever. Everyware is at the forefront of both with Pay by Text and two-way messaging. Our CEO would advise that you have passion, purpose and love for what you do. When you have those things it’s not about the money and you can enjoy a feeling of fulfillment – you can focus on going after what makes you happy and in turn that will lead to helping others. “Everyware offers simple billing solutions for organizations in a wide variety of industries. Get paid and get paid fast. Everyware is the most straightforward Pay by Text platform. It’s easy to get started, scalable across all platforms, and works alongside your existing system with easy integration.”
  17. 17. 26 | MARCH 2021 ™
  18. 18. 27 | MARCH 2021 ™
  19. 19. TBF team is extremely approachable and efficient. I am very impressed by their professional attitude and the readiness to improve. Gautam Chaturvedi | Founder & MD | Pine Tree Pictures “Thank you The Business Fame Magazine for featuring us in your COVID-19 edition. We wish you all the very best in your endeavors ahead” Dr. Sanjay Arora | Managing Director Suburban Diagnostics India Pvt. Ltd. I found The Business Fame Magazine team very professional. Am quite happy to deal with them, the write up editing and quality is very good. Koheli Puri | Founder & MD | Studio XP

×