EXCLUSIVE— #Banks are jostling with fintechs as well as incumbent competitors for customers among a rising demand for personal loans, especially as fintechs seek to create faster, more user-friendly versions of such products. The one #advantage banks have over fintechs? #Branches, Shayan Khwaja, #BBVA #Compass executive director of consumer lending told #Bank Innovation. Based in …Read More
Bank Innovation
EXCLUSIVE—#Banks need to start integrating with more #fintech services and building out more products through APIs, #FI.SPAN CEO Lisa Shields told Bank Innovation, #before regulations on open banking start to cramp what FIs can build. “What we are betting our business on, is that there is a massive opportunity for banks to innovate,” Shields said. […]
Bank Innovation
When it comes to #banks, only 26% of Americans strongly agreed with the statement that banks had their best interests well in hand according to a recent report conducted by Salesforce—and unfortunately, the survey respondents do not seem to be making the same clear-cut distinctions between banking and #fintech thatRead More
Bank Innovation
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