Search Results for: Traditional banks

Altimetrik Launches Digital Lending Platform for Mid-Tier Banks
Banking Business Fintech News

Altimetrik Launches Digital Lending Platform for Mid-Tier Banks

Fintech News Desk
New financial services platform is among the first few point solutions developed and launched by Altimetrik as it builds digital business enablement products Online lending has surged in each of the last several years even though satisfaction among online borrowers is far lower than those taking loans from traditional banks. This opportunity......
MyInvestor-heads-list-of-top-5-neobanks-in-Spain
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MyInvestor Heads List Of Top 5 Neobanks In Spain

Fintech News Desk
Financial technology, or fintech, firms are on the rise. It is estimated that more than 300 of these companies are operational in Spain, providing an increasingly wide variety of services that include proposals for managing family finances, comparing mortgages and all kinds of financial products, payments services, financing, investment simulators, financial......
Web Summit: Revolut Founder and CEO Nikolay Storonsky Discusses Regulation and Competition From the East, and From Western Banks
Banking Business Fintech News

Web Summit: Revolut Founder and CEO Nikolay Storonsky Discusses Regulation and Competition From the East, and From Western Banks

Fintech News Desk
Revolut founder and CEO Nikolay Storonsky talked about replicating the success of superapps from the east, and competition from traditional banks and tech companies. “I think there is less competition compared to the east. Here our competition is only banks, and to be honest they are not that sophisticated.” Nikolay Storonsky joined European......
More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies
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More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies

Fintech News Desk
OneSpan Global Financial Regulations Report reveals coming regulations on identity verification, Open Banking, AI, cryptocurrencies and biometric authentication aimed at enabling secure, digital economies OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today released the inaugural OneSpan Global Financial Regulations Report. The report examines regulatory and legislative initiatives......
Customer Online Conversations Reveal ‘All to Play for’ in Battle between Challengers and Incumbent Banks, Finds Economist Intelligence Unit Report for Temenos
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Customer Online Conversations Reveal ‘All to Play for’ in Battle between Challengers and Incumbent Banks, Finds Economist Intelligence Unit Report for Temenos

Fintech News Desk
Groundbreaking report for Temenos by The Economist Intelligence Unit uses machine-learning to analyze over 10 million online conversations about personal finance Challenger banks are strongly associated with financial empowerment, but also twice as likely to be associated with security and privacy concerns compared to traditional banks Traditional banks retain strong......
Trust Stamp and OneBanks Partner to Increase Accessibility to Secure, Trusted Banking Services
Banking Fintech News

Trust Stamp and OneBanks Partner to Increase Accessibility to Secure, Trusted Banking Services

Fintech News Desk
T Stamp Inc. trading as Trust Stamp, an AI-powered authentication company dual headquartered in Atlanta (US) and Cheltenham (UK), announces a partnership with OneBanks, the future of banking. Read More: Chargehound Creates Custom Integration with Patreon to Automate Checkout.com Chargebacks A FinTech platform that extends the accessibility of traditional banking tools, OneBanks......
Banking Business Fintech Fintech Funding News

Small Business Loan Approval Rates at Banks Fell Again in September 2020: Biz2Credit Small Business Lending Index™

Fintech News Desk
Small Businesses in Limbo Awaiting PPP Loan Forgiveness  Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.6% in August to 13.5% in September, indicative of the struggles that small businesses are facing, according to the latest Biz2Credit Small Business Lending Index™ released today. The Biz2Credit Small Business Lending Index figures do not reflect......
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Bank of America Announces Seven Completed Equity Investments in Minority Depository Institutions and Community Development Financial Institution Banks

Fintech News Desk
Bank of America made a $1 billion, four-year commitment to advance racial equality and economic opportunity. As part of that commitment, today the company is announcing it has now completed 7 equity investments in Minority Depository Institutions and Community Development Financial Institution Banks. Bank of America has acquired approximately 4.9% of......
Banks, Governments and Crypto Industry Divided on Cryptocurrency Risk, New RUSI/ACAMS Global Survey Reveals
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Banks, Governments and Crypto Industry Divided on Cryptocurrency Risk, New RUSI/ACAMS Global Survey Reveals

Fintech News Desk
A new survey by RUSI and ACAMS reveals how professionals in the cryptocurrency industry believe that governments are behind the curve on the perceived risks, opportunities and regulation of cryptocurrency. Key Findings: An overwhelming majority of respondents were concerned about the links between cryptocurrency and criminal activity. However, where other......
The Future of Neobanks and Top Innovative Neobanking Platforms
Banking Featured Fintech Mobile Banking

The Future of Neobanks and Some of the Top Innovative Neobanking Platforms

Fintech News Desk
Banks help organizations and individuals achieve their financial objectives. Will tomorrow’s banking sphere be dominated by neobanks? The question is, which kind of bank is going to outperform its other counterparts and win the financial race. We say this because technology has completely disrupted the banking world. From digital payments, to......
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