Sept 02nd, 2022 New York, Ny USA
Noteworthy; The company’s Fintech, Paytech and Embedded payments technology solutions are offered as a white-label platforms for Banks, Telecoms and Enterprises to meet the needs of implementing and managing marketplaces.
We’ve all seen the headlines: Fintech is struggling. Since last year, valuations are down 70%-80%, deal activity is down 67% and layoffs have plagued many former industry favorites.
But fintech is resilient. Innovation continues to drive new developments in lending, payments, crypto and, in particular, infrastructure, showing that the industry still has lots of room for growth. And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020.
Infrastructure providers have a unique opportunity to be a bright spot amidst all the doom and gloom. Over the years, infrastructure has enabled fintech companies and non-financial services companies alike to seamlessly integrate financial products into their platforms.
Source link: To reach fintech’s next level, infrastructure providers must address these pain points | TechCrunch
More Industry Related News
New Mobile Wallet Features Drive Uptake, Evolution Beyond Payments
A Wallet for the Connected Economy
Mobile wallets are tailor-made for the connected economy as they do much more than pay for stuff. Increasingly, they prompt us to buy things we weren’t thinking about, and merchants can take that mobile wallet and smartphone features like geolocation and alerts in new directions.
Donovan shared that while in downtown Philadelphia, Pennsylvania recently, “I’m within 100 meters of the Nordstrom location. I see a notification pop up on my phone because it knows I’m within that radius and it says, ‘Hey, you have a coupon that’s valid today.’ That helps me go into Nordstrom. They would get an additional purchase, and I would be happy that I had that experience.”
Another real-life experience is the fact that he was recently engaged, and a friend shared a mobile wallet pass from David’s Bridal.
He said soon after, “I started seeing these notifications pop up from David’s Bridal on my phone, and I was thinking, ‘Wow, this is actually relevant and timely for me.’ It’s very useful and it certainly can help drive more engagement and make it very easy for that consumer to make sure they always get their rewards, earn their points, or be able to cash in those rewards or credits on their purchases.”
Source link: https://www.pymnts.com/news/payment-methods/2022/new-mobile-wallet-features-drive-uptake-evolution-beyond-payments/
Massimo Barone the CEO of SMKG stated “These segments of business reinforce and speak to our markets which is direclty our specialty, and we are being recognized by both Card Networks and FI’s for our Digital Portfolio of Marketplace platforms and Paytech services.
It takes time to develop a brand and strategy in the Payments Industry, it takes more time to gain their confidence to take on a new path toward ownership of their own Payments Marketplace- but we believe we will win them over!.”
About SmartCard Marketing Systems Inc (OTCQB: SMKG):
SmartCard Marketing Systems Inc (OTC: SMKG) is an industry leader in specialized industry e-Commerce, Cloud and Mobility applications delivering White Label solutions to the global PayTech and FinTech markets. SMKG is a boutique technology company, providing Business Intelligence and Digital Transformation Strategies with a proprietary portfolio of applications and wireframes for Banking, Enterprises and Retail e-Wallets offering Blockchain Protocols, Crypto Issuing, NFT Minting, Tokenization, Digital ID-e-KYC, Digital Automation Strategies with “License to Own” marketplace applications.
For more info visit www.smartcardmarketingsystems.com
or visit our business applications marketplace at www.Emphasispay.com
We seek a safe harbour.
For additional enquiries connect with:
Dharmesh Vora
President Enterprise Solution
SmartCard Marketing Systems Inc.
dvora@smartcardmarketingsystems.com
CEO, Massimo Barone
mbarone@smartcardmarketingsystems.com
SmartCard Marketing Systems Inc.
OTC:SMKG Ph: 1-844-843-7296
news@smartcardmarketingsystems.com