"By 2030, two billion people who don't have a bank account today will be storing money and making payments with their mobile phones."
- Bill Gates, 23 Jan 2015
The inability of banks to innovate has left the door wide open for fintech providers to capitalize. With banks set to lose 50% of the payment space by the end of 2016, now’s the time to explore strategic, collaborative partnerships. While this remains a contentious topic, the consensus is that mobile banking is the preferred channel for consumers – and is exponentially cheaper for banks. Digital and mobile only banks could be the way forward.
Of all the market segments, the least serviced is the SME market – despite small business being the backbone of any economy. WIZZIT has developed a new tailor-made solution to address this gap.
Introducing the WIZZIT International Smart ESB. Developed over the last 10 years, it’s the ultimate solution for seamless integration with all existing and third party banking systems while maintaining complete security.
We can now offer an exciting range of end-to-end technology products for banks to service retailers and merchants in new ways.