{"id":13352,"date":"2019-07-24T06:51:45","date_gmt":"2019-07-24T06:51:45","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13352"},"modified":"2019-07-24T06:51:45","modified_gmt":"2019-07-24T06:51:45","slug":"fintech-small-business-solutions-pushing-traditional-financial-institutions-to-modernize","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/fintech-small-business-solutions-pushing-traditional-financial-institutions-to-modernize\/","title":{"rendered":"FinTech small business solutions pushing traditional financial institutions to modernize"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">FinTech startups are creating a wide range of solutions for small businesses by targeting the pain points small businesses face in the world of finance, resulting in a direct competition with traditional financial institutions. Now, traditional financial institutions are starting to understand that they need to modernize if they are to keep up. To accomplish this, many traditional financial institutions are choosing to develop partnerships with FinTechs rather than try to compete directly with them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><span style=\"font-weight: 400;\">Such partnerships not only help traditional financial institutions become more relevant in a digital world, they are also providing legitimacy and further funding opportunities for FinTechs. In these partnerships, FinTechs provide technical expertise and business experience while the financial institutions offer deeper capital channels and credibility. This natural partnership aligns the previous competitors to provide the best possible services to underfinanced small businesses across the globe.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-13352 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Video: central bank digital currency basics'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-central-bank-digital-currency-basics\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/What-is-CBDC-How-does-it-work-Whats-the-difference-between-it-and-Bitcoin-CBDC-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15395\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15395'>\n\t\t\t\tVideo: central bank digital currency basics\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='8 steps to ensure a financial institution doesn\u2019t survive past 2030'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/8-steps-to-ensure-a-financial-institution-doesn-t-survive-past-2030\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/8-steps-to-ensure-a-financial-institution-doesn-t-survive-past-2030-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13120\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13120'>\n\t\t\t\t8 steps to ensure a financial institution doesn\u2019t survive past 2030\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='FinTech success goes beyond a revenue model'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintech-success-goes-beyond-a-revenue-model\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/02\/417153-PD78XB-878-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12291\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12291'>\n\t\t\t\tFinTech success goes beyond a revenue model\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>FinTech startups are creating a wide range of solutions for small businesses by targeting the pain points small businesses face in the world of finance, resulting in a direct competition with traditional financial institutions. Now, traditional financial institutions are starting to understand that they need to modernize if they are to keep up. To accomplish &hellip;<\/p>\n","protected":false},"author":5,"featured_media":13368,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[49,141,335],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13352"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=13352"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13352\/revisions"}],"predecessor-version":[{"id":13353,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13352\/revisions\/13353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/13368"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=13352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=13352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=13352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}