Search Results for: Traditional banks

Boom Commerce Completes Strategic Investment in POS Technology Leader Ovvi
Fintech Investment Services News Risk Management

Strategic Investment Advances Boom Commerce’s Strategy to Broaden Its Sponsor Bank Relationships and Support a Much Broader Range of Higher Risk/Non-Traditional and Higher Margin Merchants

Fintech News Desk
by Fintech News Desk0
Boom Commerce announced that it has completed a strategic investment in G.O.A.T. Payments (“GP”) located in Westlake Village, CA. GP brings decades of experience acquiring, underwriting and supporting higher risk, higher margin and non-traditional merchant categories that require white glove attention and support, even more so now in light of......
COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online
Banking Business Fintech News

Numerated Launches Forgiveness Automation After Partnering with 70+ Banks to Originate 5% of Paycheck Protection Program Loans

Fintech News Desk
by Fintech News Desk0
Numerated, the financial technology company making it easy to purchase financial products from banks and credit unions, announced it has expanded its platform to automate Paycheck Protection Program loan forgiveness. As of , more than 70 banks and credit unions have used Numerated to launch digital lending for the Paycheck......
World FinTech Report 2020: FinTech Collaboration Is Even More Essential Now for Banks to Achieve Customer-Centricity
Banking Fintech News

World FinTech Report 2020: FinTech Collaboration Is Even More Essential Now for Banks to Achieve Customer-Centricity

Fintech News Desk
by Fintech News Desk0
Banks that collaborate, embrace Open X and transform into Inventive Banks are most likely to prosper Capgemini and Efma  published the World FinTech Report 2020 revealing that despite a widening gulf between traditional banks on one side and BigTechs and challenger banks on the other, traditional banks have an opportunity to thrive in......
TurboTax to Help Millions of Americans Get Their Stimulus Payments With Launch of Free Stimulus Registration Product
Banking Fintech News

Corporate and Investment Banks Must Reinvent Themselves

Fintech News Desk
by Fintech News Desk0
As Competitive Pressure Intensifies and Profitability Erodes, Small and Midsize CIBs Must Overhaul Business and Operating Models in Order to Remain Viable Corporate and investment banks (CIBs), facing rising challenges that the COVID-19 crisis has made even more pressing, must fundamentally transform themselves—targeting high-value clients, shedding subscale business lines, and......
ACI Worldwide Retail Banking Technology Honored at Fstech Awards
Banking Mobile Banking News Risk Management

ACI Worldwide Launches Advanced Machine Learning Capability to Dramatically Reduce Payment Fraud for Banks and Merchants and Their Customers

Fintech News Desk
by Fintech News Desk0
Patented Incremental Learning technology will deliver machine learning models that can adapt quickly to changing fraud patterns ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced the launch of its new ‘Incremental Learning’ technology – an innovative industry-first approach to machine learning that will......
All Banks in Aruba Now Offer Instant Payments Through IP-infrastructure of the Central Bank of Aruba Implemented by equensWorldline
Banking News

All Banks in Aruba Now Offer Instant Payments Through IP-infrastructure of the Central Bank of Aruba Implemented by equensWorldline

Fintech News Desk
by Fintech News Desk0
Aruba’s entire banking community has switched to Instant Payments (IP) using the Clearing and Settlement Mechanism (IP CSM) of the Centrale Bank van Aruba (CBA), which was implemented by equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry. The implementation of this new......
Zabo Raises $2.5 Million to Connect Cryptocurrency Accounts to Banks, Brokerage Firms, Fintech Apps and Tax Software
Cryptocurrency Fintech Funding News

Zabo Raises $2.5 Million to Connect Cryptocurrency Accounts to Banks, Brokerage Firms, Fintech Apps and Tax Software

Fintech News Desk
by Fintech News Desk0
Zabo, which enables any financial services company to connect to their customers’ cryptocurrency wallets in a few lines of code, announced it has raised $2.5 million in new funding. The round was led by Moonshots Capital with participation from Blockchange Ventures, Castle Island Ventures, Digital Currency Group, CoinShares, Tezos Foundation, Capital......
Why Banks will Benefit from Open API
Banking Guest Posts Insights

Why Banks will Benefit from Open API

Raymond Wyand
by Raymond Wyand1
The idea of sharing customer data has made banks justifiably worried, but they can leverage open API mandates to their advantage. Financial institutions are accustomed to holding on to historical customer data. They view this as a competitive advantage, as well as a security requirement. Today, however, regulatory and market......
https://globalfintechseries.com/?p=849&preview=true
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Fintech and Debit Cards Market Report 2019 – Skirmish Between Banks and Fintechs over Financial Planning Apps

Fintech News Desk
by Fintech News Desk0
This new report explores consumers’ use of financial planning apps from fintech companies and its impact on financial institutions. Consumers looking for help to manage debt, track their spending, create savings, or make inexpensive stock trades are in luck. The number of apps available to help them manage every aspect......
Artificial Intelligence Finance Fintech Interviews Lending

Global Fintech Series Interview with Dan O’Malley, CEO at Numerated

Paroma Sen
by Paroma Sen0
Dan O’Malley, CEO at Numerated chats about the benefits of AI-powered commercial lending workflows in this fintech interview: __________ Hi Dan, tell us about your time in fintech and more about Numerated’s latest enhancements? I’ve been in fintech for two decades, watching it evolve from niche solutions and clunky experiences......
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