Search Results for: Traditional banks

Customer Online Conversations Reveal ‘All to Play for’ in Battle between Challengers and Incumbent Banks, Finds Economist Intelligence Unit Report for Temenos
Banking Fintech Investment Services News

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......
Economy Fintech Fintech Funding Investment Services News

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
Banking Cryptocurrency Fintech News Risk Management

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......
Modern Payment Solutions Rise in Use During COVID-19
Banking Fintech News

PFS Teases Product Additions to Let FinTechs Compete with Banks

Fintech News Desk
PFS (a company of EML) is excited to highlight a range of product enhancements designed to accentuate the competitive advantage of disruptive FinTechs aware of Banking-As-A-Service (BaaS) trends in the European Economic Area. PFS (a company of EML) Teases Product Additions to Let FinTechs Compete with Banks SEPA Direct Debit......
How Are Neobanks Changing The Face Of Banking Today?
Banking Fintech Fintech Funding Guest Posts

How Are Neobanks Changing The Face Of Banking Today?

David Smith
The inequality gap in America continues to grow at a staggering rate. The CEO-to-worker compensation ratio was 21-to-1 in 1965. In 2019 the ratio was 320-to-1. If you made $10 an hour in 1965, the CEO of your company would have made $210 an hour. In contrast to today, if you......
Banking Fintech News

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

Fintech News Desk
Small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend that began in May has plateaued, according to the Biz2Credit Small Business Lending Index™ released today. “PPP loans came to a halt on August 8, and......
Payoneer for Banks Program Launches Around the Globe
Banking Fintech Mobile Banking News

Payoneer for Banks Program Launches Around the Globe

Fintech News Desk
Cross-border fintech unicorn announces partnerships with ten banks in ten countries, with more to come Payoneer, the digital payment platform empowering businesses around the world to grow globally, announced Payoneer for Banks, a new program which helps financial institutions provide businesses of all sizes with a seamless way to make......
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