Search Results for: Traditional banks

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 Indexâ„¢

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......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Banking Fintech News

Oneiro, Inc. Launches First Central Bank Digital Currency Platform on Cosmos Protocol Aimed Toward Banks and Financial Institutions

Fintech News Desk
Oneiro offers a turn-key solution for emerging economies to digitize central banking and overcome the cost, complexity, and structural barriers inherent in traditional approaches Oneiro (https://oneiro.io), global provider of high-performance blockchain solutions, and developer of the first adaptive digital currency ndau.io announced today it has launched a new software platform aimed......
New smart money app sync. launches to compete with major challenger banks across Europe
Banking Fintech News

New Smart Money App Sync. Launches to Compete With Major Challenger Banks Across Europe

Fintech News Desk
sync. is aiming to become the first digital smart open banking app offering their easy-to-use financial services across Europe, promising to manage every aspect of a user’s financial life in one place. sync. was created out of frustration with traditional banks and the niche offering of new challenger banks that are not......
Banking Fintech News

Market Valuation Services’ New FLARE Software for Banks and Credit Unions Brings Efficiency and Objectivity to Residential Valuations

Fintech News Desk
Solves Common Problems Associated with Traditional Valuation Methods The valuation process is now more efficient than ever, thanks to the launch of Market Valuation Services‘ latest software, Fully Loaded Asset Report Evaluator (FLARE). FLARE’s innovative software helps financial institutions expedite valuation services with improved accuracy, to help increase their bottom line. Read......
Compliance Systems and Hawthorn River Partner to Solve an Elusive Problem for Community Banks
Banking Business Fintech News

Compliance Systems and Hawthorn River Partner to Solve an Elusive Problem for Community Banks

Fintech News Desk
Compliance Systems and Hawthorn River, innovators in digital lending technology, have partnered to provide community banks a fully integrated loan origination solution. The partnership between Compliance Systems and Hawthorn River fills a void that has plagued community financial institutions for decades. Read More: A Quick Review on Some of The Biggest Global......
Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
Xinja Banks on Kong Enterprise to Power Digital Banking Platform
Fintech Mobile Banking News

Xinja Banks on Kong Enterprise to Power Digital Banking Platform

Fintech News Desk
Australian Neobank Brings New, Innovative Banking Experience to Customers Through Modern Microservices and Kubernetes Architecture Kong Inc., the leading cloud connectivity company, announced that Xinja Bank, Australia’s fully digital neobank, has deployed Kong Enterprise to power its modern, microservices-driven mobile banking platform. With Kong’s service connectivity platform, Xinja can now more effectively connect,......
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