Microsoft And Finastra Partner To Make Finance More Digital
#Microsoft and #Finastra, a London-based #fintech have announced a multi-year cloud agreement to facilitate the digitalization of financial services.
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Microsoft And Finastra Partner To Make Finance More Digital
Microsoft and Finastra, a London-based fintech have announced a multi-year cloud agreement to facilitate the digitalization of financial services.
Financial Technology -
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Banks Will Only Slow Fintech Innovation if They Acquire Rather Than Partner, Hyperwallet Says
EXCLUSIVE—Should #banks #acquire or #partner with smaller, more agile fintechs? Well, that depends if the end goal of the bank is to further financial #innovation, Derrick Walton, EVP of global financial networks for #Hyperwallet, told Bank Innovation. “There’s a difference in culture, in what the goals tend to be,” Walton said, who is responsible for […]
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PayPal Sells Consumer Loans to Long-Time Partner Synchrony Financial
Payments company, #PayPal will sell its U.S. #consumer loan portfolio to #Synchrony #Financial. Yesterday, the San Jose, Calif-based PayPal said it agreed to sell $ 5.8 billion in consumer credit receivables to Stamford, Conn-based Synchrony Bank, a unit of Synchrony Financial. Synchrony Bank has been PayPal’s banking #partner since 2004. In addition to selling its credit […]
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Visa Signs On as Partner to Payment Claims Company Earny
EXCLUSIVE – #Payment protection #company #Earny will soon add #Visa to its list of partners in two to four weeks, Bank Innovation has learned. Discover will also be added to its list of partners. However, no definite timeline for its inclusion could be provided now. Based in California, Earny files payment protection #claims on behalf […]
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Australian and Swiss Regulators Partner to Promote Cross-Border Fintech Innovation
The #Australian Securities and Investments Commission (ASIC) and #Swiss Financial Markets Authority (FINMA) have partnered to #promote cross-border #fintech #innovation. The two #regulators are working to support fintechs to meet regulatory requirements in each other’s countries. Switzerland is Australia’s tenth-largest source of foreign investment. The two regulators signed the agreement last week in Madrid. In […]
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Fiserv, GoldBean Partner for Personalized Financial Advice
How do you serve the investor that’s never invested before? #Fiserv and #GoldBean have a solution. #Financial solutions provider Fiserv has partnered with digital investing startup GoldBean in order to bring #personalized, digital financial #advice to Fiserv customers, the companies announced today. “For the vast majority of people who have a wealth manager or an […]
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Want to Partner With Early-Stage Fintechs? OCC Is Watching
As if the life wasn’t hard enough for #fintech startups. The Office of the Comptroller of the Currency published an FAQ section on its website this week, in order to clarify several points from its “Third-Party Relationships: Risk Management Guidance” issued in 2013. As expected, the questions also addressed bank-fintech partnerships. Most notably, the OCC […]
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Record Number of Banks Want to Partner with Lending Club
#Lending #Club might be through the woods, thanks to #banks. Banks made up a “#record” 40% of the lender’s almost $ 2 billion originations for the quarter, up from 31% last quarter, according to Lending Club CEO Scott Sanborn. Sanborn said on the company&8217;s earnings call yesterday: Banks continued to ramp their purchasing as a major component […]
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Visa, Amazon Partner to Bring Better Data to B2B Clients
The real problem with #data nowadays is how to make sense of it. That’s why #Visa and #Amazon have partnered together to enable more transparency in transaction data for Amazon Business account holders. Amazon announced the launch of the enhanced data tool today, which will allow business #clients to gain more visibility into their transaction data, […]
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