Fintech Services are revolutionizing the economic landscape in emerging markets, offering opportunities for enhanced financial inclusion, innovation, and disruptive business models aimed at profitability, growth, and overall value creation. However, alongside advanced technology and evolving business paradigms come associated risks that necessitate careful mitigation strategies for sustainability.
KPMG‘s Fintech Assurance Service is dedicated to identifying, managing, and mitigating the risks inherent in the Fintechs' technological ecosystem. Our seasoned cross-functional team possesses deep industry, regulatory, and functional expertise, coupled with the necessary technical acumen to assist you in designing and implementing tailored risk-mitigating controls for your business.
Our Fintech (IT) Assurance Services are custom-tailored for FinTechs and encompass key IT domains:
Technology Gap Assessment
IT Internal Audit Services
Revenue Assurance
Data Analytics & Big Data
IT Governance, Risk & Compliance Review
IT Performance and Change Management Review
IT Due Diligence (IT Deals Audit)
Who We Assist:
Our services are invaluable for FinTechs operating in diverse sectors, including:
Savings and Investment
Lending and Credit
Payments
Enterprise Financial Software
AgriTech, RegTech, and other FinTech sectors
Businesses that typically benefit from our services include:
Firms seeking independent IT risk assessments and/or compliance reviews, with recommendations for risk mitigation.
Companies requiring thorough revenue assurance reviews to validate the completeness and accuracy of reported revenue.
Information technology, information security, risk management, internal audit, legal, compliance, and application development teams seeking to evaluate:
Development and deployment procedures.
Secure coding practices and policies.
Governance and operational processes.
Contact Us
Lagos
KPMG Tower,
Bishop Aboyade Cole Street Victoria Island
Tel: +234 9068459329
Abuja
84, Kwame Nkrumah Crescent,
Asokoro Abuja. FCT.
Tel: +2349062278732
Fintech is a term used to depicto small start-ups which develop innovative technological solutions in areas such as online and mobile payments, mobile banking, big data, alternative finance, fintech services and financial management.t the businesses operating in the financial technology sector.
It relates majorly Fintech firms have revolutionised the world of personal finance and also finance in general with the help of emerging technologies, and this has benefited the consumers at large.
There are already over 5700 Fintech firms in the United States alone, and they are growing at a rapid pace.Offering an improved user experience and prominent control over different aspects of money management, fintech mobile apps are an efficient and practical way of looking after your finances.
With users now spending around seven times longer on mobile apps than on mobile sites, and mobile use accounting for an ever-larger percentage of the time we spend online, investing in mobile apps is a natural step for the fintech industry.Let us have a look at some of the important aspects that can help you in creating an efficient mobile app for your fintech solutions.3 Important tips for fintech mobile app developersPresently, new Fintech mobile apps are challenging the traditional ways of finance.
More and more financial and banking institutions are looking to integrate Fintech operations with their regular offerings.And, this demand will require an abundant number of mobile app developers, so here are some essential tips you should keep in mind to develop a fintech mobile app.Understand and analyse what fintech isYou certainly are good with technology and with developing mobile applications but what you may not be great at is finance.
Finance is a significant part of Fintech so understand and study what Fintech exactly is and what problem you intend to solve with your Fintech application.The aim of a Fintech app should be to help its users achieve their goals with negligible efforts.
Artificial Intelligence (AI) technologies are significantly improving the way we work, learn, shop, and move.
Their impact on improving operational and industrial processes is increasing steadily with more technological advancements.
This blog discusses the impact of AI on fintech solutions to enhance the end user experience.
Leading financial services companies are using AI technologies for fast and secure funds transfer, reliable customer support, and in-depth market analysis.
Even the services from AI app development services companies are assisting financial service providers to take advantage of technology.Know more: https://artificialintelligence.oodles.io/blogs/ai-app-development-in-fintech-services/
Our skilled and trained developers at Appdupe will take care of the complete Fin|Tech app development process and help you become a crucial contributor to the finance industry.
Revolutionize the market with a cutting-edge app and yield high profit.
Reach out to us now.
How does the FinTech impact on the business and private clients?With the advent of new FinTech services, entrepreneurs changed conventional way of doing business.
Usually, upon the foundation of the new company entrepreneurs go to the local bank or investor company to get money for the promotion of the new project.
But today entrepreneurs have another way to introduce the fruit of their creativity to the world - using fintech business.Crowdsourcing, mobile payments, and other services allow entrepreneurs to get access to a large range of financial services.
This direction makes it possible for people with interesting ideas to draw financing quickly.
Any person in the world can become an investor regardless of his or her location.
Instead of common presentations for investors, you can spread the word on the Internet and it will accelerate funds involvement.
