McKinsey’s Global Banking Report Finds A Majority Of Banks Not Economically Viable
McKinsey suggests the #banking industry is approaching the end of the current economic cycle in less-than-ideal health.
Financial Technology
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McKinsey’s Global Banking Report Finds A Majority Of Banks Not Economically Viable
McKinsey suggests the banking industry is approaching the end of the current economic cycle in less-than-ideal health.
Financial Technology -
@fintechna
Seattle Bank Is Ready To Replace Fiserv With A Modern Core Banking System From Finastra
#Seattle #Bank, a single branch boutique bank with $ 650 million in assets, is dumping its #Fiserv #core #banking #system and moving to a new #modern core #from #Finastra, a company formed by the combination of D+H and Misys.
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N26 Launched First European Mobile Banking App To Enter U.S. Market
N26 prides itself on its smooth interface and user friendly features like saving by category and tracking expenditures by category. Will that be enough in the U.S. #market where other #mobile providers already offer similar features?
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Green Dot Banking Services Are Available At 100,000 Outlets In The U.S.
#Green Dot uses its #banking license GoBank and provides banking #services including refunds for tax preparers, Visa debit cards for Uber drivers, and savings accounts for investment firms including STASH and WealthFront.
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Postal Banking Is Back — On Democratic Party Platforms — But Is It Viable?
#Postal #Banking is promoted by USPS as a profitable business, and by some Democrats as a great way to get banking services to the unbanked. It does, however, raise questions about the Postal Service’s ability to deliver, costs,and whether it could undercut payday lenders without running deficits.
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Finastra Offer An API-Friendly Banking Platform
An agile #platform permits a bank to adapt quickly to innovations, both from internal developers and fintechs.
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N26 Will Bring Successful European Digital Banking Platform To The U.S.
N26 plans to build on its success in Europe to come to the U.S. — it will be one of the better funded challenger #banks to enter the American market.
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ABA, Accenture Back Finxact — New Core Banking Cloud App
#Finxact has won backing from the American Bankers Association and #Accenture for a new #cloud-hosted #core #banking system.
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Temenos’s API Banking Solution Could Provide A Digital Front For Legacy Cores
Temenos has separated its #digital #front end from a digital back end which #could position it to #provide a digital front end to aging core systems from American vendors.
Financial Technology
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