NeoBanks the need for Mobile

NeoBanks the need for Mobile.

[Audio] We are presenting on the importance of mobile in the banking industry. NeoBanks are digital and offer banking services through apps and online platforms. Many of them have e-Money licenses and have now expanded to apply for full banking licenses, while others have acquired fully-licensed banks to develop their products and services. While incumbent banks have advantages such as funding and customer trust, their legacy systems limit their ability to innovate. NeoBanks, on the other hand, can launch features and partnerships quickly and are more flexible and inclusive, allowing them to reach underserved customer segments. They focus on providing a single product or service that they can outperform banks on customer service, products, and margins to bring it to market..

[Audio] Neobanks in the UK have experienced rapid growth in popularity. These digital-only banks now focus on generating revenue through more profitable services for their existing users. Innovative mobile apps are a critical aspect of neobanks' offering, as they can differentiate their services, attract new customers, and drive user engagement. Mobile is essential for neobanks to remain competitive and drive growth in the UK market..

[Audio] Our onboarding process is significantly less complex than our competitors. Our onboarding process is streamlined and does not require physical identification or lengthy verification processes. We believe that our streamlined onboarding process is a major advantage in attracting and retaining customers in the highly competitive NeoBanking market. Our mobile banking platform will help your business thrive in today's digital world..

[Audio] Mobile banking is a convenient and efficient way for individuals to open a bank account, whether seeking a savings, checking, or credit card account. If you're looking for a fast and effortless way to open a bank account, mobile banking is definitely worth considering..

[Audio] With NeoBanks, you can offer mobile banking services.

[Audio] Our mobile banking app provides a range of features, including easy account management, secure transactions, and real-time account balances. Our dedicated customer support team is available to help with any issues that may arise. We believe that mobile banking is the future of banking and we are committed to providing our customers with the best possible mobile banking experience..

[Audio] Our SaaS solution includes both the HerO platform and Mobilise's professional services, designed to help banks streamline their operations and improve their customer service. With our platform and services, you can offer your customers a wide range of banking services, including mobile banking, online banking, and more. Whether a small startup or a large enterprise, our solution can help you stay ahead of the competition in the fast-paced world of mobile banking..

18/02/2022. CONFIDENTIAL. 9.