Press Release
Donncha McCarthy Appointed Chief Customer Success Officer at Natech
The C-level team is strengthening to accelerate the company’s international expansion
Press Release
SEV's visit to Natech's headquarters in Ioannina: The development prospects of the region at the center of the discussions
The theme for this year’s International Women's Day was DigitALL: Innovation and technology for gender equality. The priority for the United Nations is to leverage technological advancements to create better opportunities for women of the digital era. On the same lines, that fintech has introduced disruptive ways of ensuring equality and inclusivity in the financial sector. The fintech segment has some exemplary leaders who are transforming payments technology, or as it now called paymentology, across the globe. This article celebrates women and how they may rule the fintech space.
Rapid digitisation and growth in non-banking competitors and purely digital players have accelerated the rate at which the banking and finance industry is changing. Attempts to adopt new technologies, without thinking through the larger picture, have rendered the legacy banking process complex and functionally siloed. The banking sector needs to rethink its priorities and redesign the processes to remain relevant in the long run.
Agility can help accelerate and simplify digital transformation, while improving accountability at the front line. It can also assist banks to enhance customer journeys and incrementally build a future-ready ecosystem.
Bank failures are shockingly common in the US. With 566 bank failures since 2000, the country registers an average of 25 per year! Of course, the 2008 global economic crisis saw the maximum bank closures and the numbers have been declining since then. The bank closures from March to May 2023 were different. Leading global banks crumbled within days and shook investor confidence in the sector.
It is time banks looked inwards to learn lessons on risk governance and maintaining their reputation, while working on regaining trust.
Lending has taken a gigantic leap in the digital era, with strong growth in microlending, checkout lending, buy-now-pay-later (BNPL), and peer-to-peer lending. The growth is triggered by accessibility, as these loans are available right on the mobile app and leveraging them takes only a few taps.
The lending space is also evolving rapidly, to accommodate the dynamic needs of borrowers. The difference between payments and lending is decreasing. With the digitisation of the entire banking and finserv ecosystem, the process of assessing the creditworthiness of a borrower has also completely transformed. Credit decisioning must evolve into a robust process that equips lenders to deliver fast while managing risks better.
Natech secured €21.2m by Resilience and Recovery Fund and "Greece 2.0".
Natech, the leading European Fintech Company developing banking technology solutions for distinguished financial institutions, has secured €17 m through the Recovery Resilience & Facility (RRF) under the Digital Transformation Pillar.
The Greek Prime Minister Kyriakos Mitsotakis, alongside the President of the Parliament, several Ministers and members of the Parliament, visited Natech's headquarters to discuss the path of the future, the digital and green transformation of our businesses.
We regret to inform you that there have been recent reports of scam and phishing attempts against Natech.
In case that you receive any correspondence or communication that allegedly originates from Natech please take a moment to verify the authenticity of the domain (official Natech domain: natechsa.com). Be cautious of any suspicious emails, links, or requests for personal information.
If you encounter any suspicious activity or have doubts about the legitimacy of the company's website, email address etc., please refrain from providing any personal information and contact our support team immediately.
Thank you for your understanding and cooperation in maintaining a secure online environment.