Tag: payments challenges
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Breaking down payments challenges: Fintechs vs traditional finance
Payments have been revolutionized by the rise of financial technology (fintech) companies. These agile, technology-driven organizations leverage innovation to provide efficient, user-friendly, and cost-effective solutions, challenging the traditional finance sector. In this article, we will explore the challenges faced by both fintechs and traditional finance in the payments landscape. The Traditional Finance Sector Traditional financial…