Nowadays, in response to the crisis, many FinTech businesses, like the rest of the financial sector, have gone out of control. For instance, some have introduced cost-cutting measures, such as reducing their employees. Since all of them depend on transactions and volume-based sales, ensuring that as many expenses as possible are variable and fixed expenses are reduced is a top priority right now.
COVID-19 is driving many new FinTech developments, so the financial services sector might change dramatically in the next few years. With the pace of digital adoption increasing, companies’ capacity to adjust well to digital platforms will be critical to their future success.Read more
If you own a small or medium business, in order to protect the organization and your staff in the middle of the coronavirus outbreak, you must be prepared to take some preventive measures…and do a lot of hand washing in the process, of course.
Protecting small and medium enterprises requires a strong strategy as the COVID-19 pandemic extends.
In this article, we’ll provide some key tips that can help you keep your business safe during the coronavirus outbreak and prepared well enough for success when it’s over.Read more
The Coronavirus crisis which we still face today has a very serious impact on small and big companies in different countries and industries. The crisis has constrained businesses into a position where they needed to act promptly or keep on being exposed to huge financial consequences.
Many businesses are now looking for different approaches to address the difficulties while being aware of their customers and employees’needs.
The business impact of COVID-19 on global demand, especially for IT products and services, including outsourced software development, is maybe even more significant than the initial estimates.Read more