PYMNTS

JULY 28, 2020

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Kabbage Steps Into Banking. Our answer to the question ‘FinTech or bank’ is: ‘FinTech AND bank.'”

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Fintech Lending Digital Banking Technology 279

PYMNTS

DECEMBER 4, 2020

4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd. and a consortium of Southeast Asia’s Grab Holdings and technology group Singtel. to receive “digital wholesale bank” licenses. to receive “digital wholesale bank” licenses.

Digital Banking 164

Digital Banking Groups Meeting Fintech 164

Chris Skinner

JANUARY 13, 2019

For years, I’ve been wondering why people in business operations couldn’t align their needs with the people delivering technology in the organisation. The requests would get prioritisation and be delivered in sequence over time, sometimes a very long … The post The new FinTech bank appeared first on Chris Skinner's blog.

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Fintech Operations Technology Digital Banking 399

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 2 When evaluating a fintech partnership, ask how the vendor will help with integration, training, and ongoing success.

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Fintech How To Innovation System 195

PYMNTS

AUGUST 11, 2020

With its losses mounting, the London-based digital bank may need to tap into its corporate reserves to keep up with its expansion plans. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The FinTech has since expanded to offer business banking.

San Francisco 239

San Francisco Fintech Digital Banking California 239

Chris Skinner

SEPTEMBER 11, 2019

Many banks say it these days, and they say it to be cool. To be like a young, FinTech unicorn. However, there is a massive difference between … The post We’re just a technology company that happens to have a banking licence appeared first on Chris Skinner's blog. To be like a start-up.

Technology 375

Technology Company Fintech Digital Banking 375

Chris Skinner

FEBRUARY 19, 2019

That realisation is a simple but important one, and it is this: dealing with technology is very different to dealing with money; furthermore, dealing with money through technology is very different to dealing with technology through … The post Are you in banking or technology?

Technology 415

Technology Digital Banking Fintech 415

Chris Skinner

SEPTEMBER 5, 2018

I recently blogged about JP Morgan Chase spending $10 billion a year on technology of which $3 billion goes into new projects. There were then several other announcements that caught my attention about Citibank and Bank of America investing similar amounts in digital. OK, here’s $3 billion!

Digital Banking 323

Digital Banking America Technology Fintech 323

Gonzobanker

MAY 16, 2024

Digital metrics at banks and credit unions are not all trending up and to the right. A new report on digital banking metrics and the impact that digital banking is having on banks reveals some positive developments, but also a host of troubling trends that should give bank executives cause for concern.

Digital Banking 106

Digital Banking Trends Study Mobile 106

PYMNTS

NOVEMBER 24, 2020

South African digital identity firm Entersekt is partnering with African FinTech Cellulant to bring enhanced cybersecurity to mobile banking and digital payments. . Our clients trust us to not only be constantly innovating around digital banking and payments, but also to guarantee safety and security.

Digital Banking 145

Digital Banking Security User Experience Fraud 145

Accenture

JUNE 24, 2020

Evidence from our banking market research—and echoed by the current pandemic environment—suggests that we have indeed moved into a period of volatility and industry change, and that digital maturity is at least one of the factors that will separate future winners from losers. The question….

Technology 405

Technology Industry Marketing Digital Banking 405

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 169

Fintech Lending Software Compliance 169

Chris Skinner

FEBRUARY 21, 2019

Another interesting nuance of the FinTech Bank is the integration of business and technology. I’ve referenced this a few times, but wanted to be explicit that these banks think technology is business and business is technology.

Technology 157

Technology Compliance Fintech Digital Banking 157

Chris Skinner

APRIL 3, 2018

BTW, I’ve also heard a lot of people have been frustrated that Amazon cancelled their pre-orders of the new … The post Digital banks are 35+ times more productive than traditional banks appeared first on Chris Skinner's blog. If you would like to get a signed copy of the book, just register here.

Digital Banking 418

Digital Banking New York Case Study Study 418

PYMNTS

NOVEMBER 17, 2020

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. Biz2Credit's technology can also enhance underwriting to mitigate risk even further for the financial institution (FI), it said.

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Fintech Alabama Lending Software 247

BankInovation

JUNE 15, 2022

Green Dot is in the midst of a technology transformation that it estimates will save the digital bank $35 million annually by 2024. The shift will have the banking fintech owning its own tech stack and banking-as-a-service (BaaS) platform, said Amit Parikh, executive vice president of BaaS at Green Dot. “It

Technology 97

Technology Digital Banking Fintech 97

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. People’s United Bank Links With FIS, MineralTree.

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Community Bank Community Fintech Regional 242

Chris Skinner

SEPTEMBER 24, 2018

I’m often asked how I got into FinTech. It’s an interesting question as I’ve been involved in Finance and Technology all of my life. Back in the day, it wasn’t called FinTech. It was just boring old tech in banking. Interestingly, for almost a quarter century, tech … The post Are banks serious about fintech?

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Fintech Technology Digital Banking 289

PYMNTS

APRIL 24, 2020

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. however, funding for FinTechs actually increased to $3.7 B2B FinTech investments appear to be relatively strong, too. As an FDIC insured bank in the U.S.,

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Fintech Capital Security Digital Banking 193

Bobsguide

MAY 19, 2017

Undoubtedly the financial services industry is significantly affected by the fintech evolution. Alternative finance firms, digital and challenger banks, P2P lending platforms, as well as traditional banks, adopt new technologies in order to better serve their clients. In a number of research.

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Fintech Trends Digital Banking Lending 151

PYMNTS

FEBRUARY 21, 2019

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A A firm that offers financial technology is not necessarily a FinTech,” said Provenir Managing Director Paul Thomas, who thinks the distinction between the two needs to be clearer.

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Fintech Financial Technology Technology Industry 189

PYMNTS

APRIL 24, 2020

Customers load their original payment cards’ details onto Curve’s mobile app and can select which to use when making physical or digital transactions. Each has added new technologies or solutions to its services lineup over the past several years. Digital Transformations in a Digital Age. Neat is one such FinTech.

Digital Banking 207

Digital Banking Cards Tools Examples 207

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JANUARY 18, 2021

With more digital banking options emerging on the U.S. market, FinTechs are turning their attention to the business community, whose demands for a better banking experience are growing louder. Marrying AP With Banking. But as the conversation of open banking frameworks continues in the U.S.,

Digital Banking 165

Digital Banking Data Fintech User Experience 165

BankInovation

OCTOBER 16, 2023

London-based Zopa Bank has $95 million in Tier 2 capital to fund its growth, according to the company. The digital bank provides technology for its customers to gain access to better credit products, to transfer card balances in a way that helps pay down credit and improve their financial well-being.

Digital Banking 77

Digital Banking Capital Cards Technology 77

PYMNTS

SEPTEMBER 23, 2020

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone. billion in 2019. About The Playbook.

Technology 208

Technology Report Fraud Study 208

PYMNTS

FEBRUARY 26, 2020

PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb. Lumin Digital will be the credit union’s digital solution for retail and business banking, as well as bill pay solutions.

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Vermont Digital Banking Tennessee User Experience 142

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

Fintech 196

Fintech Lending Community Payments 196

PYMNTS

SEPTEMBER 28, 2020

Banks' embrace of FinTech is often driven by consumers' growing demand for a more seamless and unified experience. Increasingly, treasurers are seeking intelligent solutions augmented by artificial intelligence (AI) and machine learning (ML) — and banks are turning outward to meet those needs. HighRadius & Commerce Bank.

Fintech 204

Fintech Tools Groups Management 204

Chris Skinner

FEBRUARY 13, 2020

A decade ago, we talked about the financial crisis, technology, regulations and compliance.

Technology 501

Technology Compliance Regulation Digital Banking 501

PYMNTS

FEBRUARY 26, 2020

And with a nod toward what might be in the crosshairs, Dimon said that acquisitions would be somewhere within financial services and technology, and decidedly not in traditional banking (read: checking and deposits). Melding financial services and technology yields, of course, FinTech.

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Fintech Google Digital Banking Mobile 232

PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality.

Fintech 258

Fintech Lending Software Security 258

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Jack Henry expanded its partnership with SMA Technologies.

Fintech 103

Fintech Software Illinois Lending 103

Bobsguide

MAY 18, 2022

CompatibL, a leading provider of risk management solutions and professional services for the financial industry, has been named the winner of the Best Risk Management Platform Award in the sixth annual FinTech Breakthrough Awards program for its innovative CompatibL Cloud Platform. About the FinTech Breakthrough Awards.

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Fintech Risk Management Analytics Software 147

PYMNTS

APRIL 30, 2019

Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved payment and digital banking experience for its customers, the companies announced.

Digital Banking 179

Digital Banking Payments Software Fintech 179

PYMNTS

JUNE 3, 2020

Many have been carefully coordinating their digital offerings to move away from outdated core banking infrastructures, but they must pick up the pace on their innovations. Digital technologies that can be quickly developed and integrated into banks’ platforms, particularly those that enable faster payments, will therefore be critical.

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Digital Banking Mobile Tools Online 131

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). FinTech venture capital fund Broadhaven Ventures; U.S. and Japanese banks Mizuho Financial Group Inc.,

Fintech 201

Fintech Capital Groups ATM 201