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Arpan D. Feb 4, 2025
Community Announcement
Last active a day ago
Last active a day ago
đź”’ Fintech Security Made Affordable!

Security is one of the most critical yet often overlooked aspects of fintech applications—mainly due to the high cost of hiring security engineers. To bridge this gap, we’re launching Fractional Security Officer (VSO) services, starting at just $799/month—an affordable, dedicated security solution for fintech companies.

🚀 Introductory Offer: We're offering a FREE Security Audit exclusively to the Fintech Connector community!

âś… In-depth VAPT (Vulnerability Assessment & Penetration Testing)
âś… Detailed vulnerability report with actionable insights

DM me to claim your free security audit

Arpan Desai

Arpan is a technology expert with a decade-long experience in the Sports & FinTech industry. He has worked on over 200+ AI, SportsTech, Fintech and...

 
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Viktoria S. Feb 3, 2025
Knowledge Share
Last active in the past 7 days
Last active in the past 7 days
The "Big Bad Banks" Myth: Who’s Really to Blame?
We love to blame banks for high fees, but the truth is, compliance isn’t free.

Banks and payment providers charge fees because they’re the ones making sure transactions are legal, fraud is prevented, and taxes are accounted for.

Without them, businesses wouldn’t be better off—they’d just be competing with those who avoid the rules, cheat the system, and undercut honest merchants.

Instead of pointing fingers, businesses need to understand the system, negotiate better deals, and structure their payments properly—because without the right knowledge, they’ll always be the ones getting ripped off.

Read my article for more: https://www.linkedin.com/pulse/big-bad-banks-myth-whos-really-blame-viktoria-soltesz-hamqf

The "Big Bad Banks" Myth: Who’s Really to Blame?

Some merchants are trying to shift the blame. They tell customers that banks are the reason for card transaction fees, using this as an excuse to c...

 
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Viktoria S. Jan 30, 2025
Knowledge Share
Last active in the past 7 days
Last active in the past 7 days
When people talk about running a business, they focus on sales, marketing, and product development. But payments and banking? That’s usually ignored—until something goes wrong.
I recently spoke with Mirror Review about why payment and banking should be a core part of business strategy, not just a side concern.
In the interview, I break down why so many businesses struggle with banking and payment setups and how these issues can spiral out of control if not handled properly.
One of the biggest mistakes companies make is trusting a “free” payment advisor or broker, not realizing they’re actually paying for it in ways they don’t see. These so-called advisors work on commission, meaning they push businesses toward providers that pay them the most, not the ones that actually fit your business model. The result? Higher fees, frozen funds, compliance headaches, and providers that don’t support your growth.
Another overlooked issue is that the ones handling payments and banking tasks are not adequately trained to do so. Most businesses assume their finance teams can manage it, but payments require a completely different skill set (UX, data security and technology to mention a few). This lack of expertise leads to operational risks, hidden costs, and failed banking relationships.
Businesses can’t afford to treat payments as an afterthought. They need a structured, scalable, and risk-free banking and payment strategy that works for them—not for the intermediaries profiting off their setup.
If you're a business owner, CFO, or anyone dealing with payments, this interview is essential reading.
Read the article: https://www.mirrorreview.com/viktoria-soltesz/?fbclid=IwY2xjawIIHqxleHRuA2FlbQIxMQABHW8gdS1f7QapSkeBaonGR9GCHgvSCwiHg57YFpq1XKwcbt6Kyqv1knwk1g_aem_x66dEqZW7Nm01kR7j0gCyw
 
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