“The harsh reality is that #FinTechs have moved ‘from disruption to reality,’ and #banks that haven’t embraced effective collaboration with startups are struggling to retain and acquire new customers.”
Financial Technology
#Bankifi is a European #fintech startup that #offers modern tech #services, such as invoicing, payments, nudges, cash management and accounting, to businesses through #their bank’s mobile channel.
Financial Technology
#Consumers want #banks to do more than just hold #their money. They want their banks to help them meet their financial goals. In fact, a new consumer report by CSI shows that 83% of American consumers agree with that statement. That number jumped to 87% for consumers with an annual household income of $ 100,000 or […]
Bank Innovation
#Square and #Stripe, famous for #their dongles and APIs respectively, have launched a series of products over the past two weeks that should make everyone in payments #innovation sit up and take notice. These new products widen the field considerably for both companies. Yesterday Square announced an SDK for its card reader. And it looks […]
Bank Innovation
Financial difficulties and #mental #health are often linked, but they are usually treated separately. Silver Cloud Health has developed an online coaching program, Space from Money Worries, to help people gain confidence over money issues.
Financial Technology
For online lenders, #small business #lending continues to grow into big business. Online lenders #continue to grow #their originations of small business loans, according to a new study released today by Washington D.C.-based economic research firm NDP. The Online lenders — including #OnDeck, #Kabbage, #Lendio as well as smaller ones like BlueVine or Mirador — have […]
Bank Innovation
EXCLUSIVE—Consumers are impatient, and growing less and less inclined to fill out the long forms necessary to apply for a loan, mortgage, or other financial #service. This is why #banks #need to use #their treasure troves of data to make sure they don’t need to, Andy Hernandez, executive vice president and head of digital banking […]
Bank Innovation
As data security and usage becomes more of a hot topic for businesses in 2018, #most financial executives are feeling positively #about the #cybersecurity at #their institutions, a report by IBM Resilient found. Of the 2,848 respondents surveyed for the study (released last week, IBM’s third annual on “cyber resilient” organizations), 72% felt their organization …Read More
Bank Innovation
EXCLUSIVE – On March 6 in San Francisco, 12 impressive #startups demoed #their #latest in #fintech #technology at INV Fitnech’s 2nd annual #demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $ 3 trillion dollars in assets. The startups were carefully scrutinized and selected from …Read More
Bank Innovation
#Banks need to get ahead of Facebook and other #technology companies if they want to interact conversationally with #their #customers directly.
Financial Technology
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