Fintech

WHAT IS FINTECH?

Financial Technology (also known as fintech or FinTech) is an emerging industry that uses technology to improve financial activities. Generally speaking, it is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end Internet process.

The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies aiming to make financial services more accessible to the general public.

Fintech is on a fantastic increase. Global investment in financial technology increased from $930 million in 2008 to $121.6 billion in 2020.* It's more than 12,000%.


DO I NEED FINTECH?

You need financial software, if the following goals are a short or midterm agenda for your business.


Industry-leading service
Today's market demands exceptional financial services. REW Technology will help you to be ahead of competitors with improved operational efficiency, lower transaction fees and diverse, blockchain-enabled payment options. We offer software tools as well as R&D support for your data management and performance tracking.

Full power data insights
Get Big Data work for you. Embrace all of your data in a user-friendly interface. We'll empower you to unlock your business insights and build your operations around the evidence-based data.

More payments, fewer costs
In finances everything has its pace and its price. Due to integration of our blockchain solutions your transaction speed will always be on point. Transfer and accept payments globally within minutes with no stability or security issues.

Well-judged risks management
Timing is crucial when you need to calculate operational risks in real time. This is when our risk prediction modelling tools come in handy. We can help you manage major credit and market risks both time and cost-effectively.


EXPERT FINTECH SERVICES

REW Technology can offer you its expertise in some core areas of fintech development, including but not limited to:

  • Advanced analytics
We believe that the effective use of analytics is the key to success in finances. Valuable insights, market forecasts and evidence-based business decisions – all these benefits are enabled with the right use of fintech, rocketing your investment game to a new level.

  • Real-time data processing
In today's hectic world we can help you address customer demands instantly, whether you deliver high-quality service, proactively manage their assets or prevent fraud.

  • Blockchain and identity management
Our blockchain software development expertise – with innovative use of smart contracts and decentralized apps – is aimed at guaranteeing safety and end-to-end traceability of your transitions. For your customers it means confidence and security of their data and money.
TYPES OF FINANCIAL SOFTWARE
Fraud Detection Software
Financial fraud detection software is developed to protect financial systems from counterfeiting, embezzlement, money laundering and other frauds.
Financial Risk Management
Financial risk management solution is designed to evaluate and monitor both credit and market risks for financial institutions and banks.
Background Check Software
Background check software is implemented when there is a need to authenticate confidential information provided by individuals and organizations in order to approve any application or credit.
Financial CRM Software
Financial CRM software is designed for credit unions, banks and insurance companies to process all kinds of customer information – from transaction history to contact details.
Sales Forecasting Software
Sales forecasting software is an expense prediction and estimation tool based on modeling algorithms.
Financial Reporting Software
Financial reporting software is commonly used by banks and financial institutions as an automation tool for delivering financial reports, statuses and transactions.
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