Beehive Journal

What has Fintech Done for Us?

by | Nov 3, 2017

What has Fintech Done for Us?

Fintech has attracted massive attention, due in part to the enormous sums sucked in via investors – over $100bn in the past three years, according to numbers from KPMG and CB insights. In spite of all the excitement and cash, and predictions of fintech companies routing the traditional banks, fintechs have failed to date in taking significant business from the incumbents: according to the Economist Intelligence Unit, fintech companies have grabbed just a 2% market share. It’s absolutely harder to disrupt financial services than people envisioned.
Banks retain many competitive advantages, as well as the capacity for innovation. However, writing off fintech would be premature.

The fintech revolution?
Banking is an enormous industry, with massive profits, over $1 trillion annually according to McKinsey(see below).
Fintech is also an industry where customer experience scores are low – fewer than 40% of retail customers recommend their bank, according to Capgemini.
Therefore, fintech is an industry that should attract lots of new entrants keen on offering better customer service at lower price points.

To read more click here.

Beehive Ranked in Top 10 PPC Agencies in San Diego by LaJolla.com

Beehive Web Solutions has recently been honored with a prestigious ranking as one of the top 10 Pay-Per-Click (PPC) agencies in San Diego by LaJolla.com. This acknowledgment shines a spotlight on the dedicated, high-quality work the team at Beehive consistently...

Beehive Recognized as One of Carlsbad’s Top 15 PPC Agencies by Expertise.com

We are ecstatic to announce that Beehive Web Solutions has been lauded as one of the Top 15 Pay-Per-Click (PPC) agencies in Carlsbad, California by Expertise.com! This recognition is a glowing affirmation of our unwavering commitment, strategic vision, and the...

Supercharge Your Success with Beehive

As a business owner, finding your rhythm and understanding the mechanics of efficient growth can be a daunting task. This process can take years of trial and error, time that many startups and small businesses simply can't afford. What if you could fast track this...

Dennis Dawson

CEO, BeautyUp

My experience with Beehive has been so phenomenal that I was compelled to write a review (I hardly ever do). We needed a website that was not only attractive, but could drive sales and integrate with our (existing) somewhat complex mobile app. In short, we had a lot of requirements. Alex was very professional and he took time to fully understand our core company- he presented solutions that we didn’t even consider but proved to work better for our needs. In addition, he optimized our presence online and within 3 months we are seeing a very noticeable increase app-adoption, traffic to the site, new customers, and overall sales. Plus the website itself looks and feels better than we imagined and is simple to navigate. I’ve had to sort through a lot of web-dev companies along the way, and I can honestly say I wish we gave these guys at Beehive a call first.