Velmie, a banking technology provider, released its brand new front end technology framework to enable hyper-personalized experiences for banks and fintechs.
Recent studies, including one conducted by Epsilon, reveal that 80% of consumers are more likely to purchase from brands that provide personalized experiences. Additionally, a staggering 90% of consumers now expect personalization as a standard part of their customer experience. According to research from McKinsey, 71% of consumers expect companies to deliver personalized interactions, with 76% getting upset when that doesn’t happen.
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With the customer experience personalization becoming increasingly vital in today’s fintech market, Velmie empowers fintech companies to implement personalized services at scale, driving customer engagement, loyalty, and conversion rates.
Velmie’s modular front end refers to an approach where the user interface (UI) is divided into separate, self-contained components. Each component is a building block that can be combined and reused to create a flexible, customizable front-end design.
The front-end technology offers a range of modules and components, including cards, crypto, Fx, QR payments, invoices, portfolio management, and more. With over 30+ options available, it is suitable for a majority of fintech products, catering to various needs and functionalities.
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Built with a set of independent components, updated modular front end has expanded the list of components. These components can include typography systems, color schemes, UI elements, effect styles, interaction patterns, and more. By breaking down the UI into modular components, developers can streamline the development process, enhance code reusability, and improve overall performance. Every component within the solution is meticulously designed with the best UX practices, ensuring a seamless user experience.
“Velmie is committed to empowering fintech businesses with cutting-edge solutions that enable exceptional personalized experiences. With the ever-increasing demand for tailored interactions, embracing personalization is not just a competitive advantage—it is now a necessity for success in the fintech industry.” – Slava Ivashkin, Founder and CEO at Velmie.
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