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Biggest Fintech IPOs in 2020

Fintech News Desk
by Fintech News Desk0
Technology is making its mark in almost every industry today. A large number of innovative products and services are being offered through these technologies. In the same way, financial technology is also doing its bit to bring changes to the demand and supply of these services. There are companies and......
What's Big in Fintech for Banking and Finance (BFSI) Companies?
Artificial Intelligence Banking Big Data Blockchain Business Featured Fintech

What’s Big in Fintech for Banking and Finance (BFSI) Companies?

Paroma Sen
by Paroma Sen0
New innovations in finance technology have led to a complete shift in how the BFSI sector functions today The Coronavirus pandemic has only accelerated the pace at which companies are now being forced to make their digital transformation investments. Data science, big data analytics, cloud, security, artificial intelligence (AI)/ machine......
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
by Fintech News Desk0
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......
Leading Consortium of Community Banks Back MANTL
Banking Business Fintech News

Leading Consortium of Community Banks Back MANTL

Fintech News Desk
by Fintech News Desk0
Alloy Labs, a consortium of community and mid-sized banks across the United States, announced its partnership with MANTL, the leading account opening software solution for banks and credit unions. The announcement is a testament to the consortium’s ongoing mission to accelerate the digital agenda and differentiation of banks and credit unions. As......
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
by Fintech News Desk0
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......
FT Survey: 78% say UK banks have "surprised themselves" with their adaptability during COVID-19
Banking Fintech News

FT Survey: 78% say UK banks have “surprised themselves” with their adaptability during COVID-19

Fintech News Desk
by Fintech News Desk0
Under challenging circumstances, the UK Financial Services industry is showing signs of greater agility and innovation in 2020 Appian published survey results examining the response of the UK banking sector to the coronavirus pandemic, revealing that nearly three-quarters of respondents say their organization has become more innovative as a result.......
Foresight Research: Gen Z and Millennials plan to switch their financial institution in big numbers - Good news for credit unions
Fintech News

Foresight Research: Gen Z and Millennials plan to switch their financial institution in big numbers – Good news for credit unions

Fintech News Desk
by Fintech News Desk0
18 % of Gen Z and Millennials bank customers or credit union members intend to switch their primary financial institution in the next year or two. But, during the pandemic that changed big time. 27% of Gen Z now plan to switch and a whopping 38% of Millennials plan to......
Banking Fintech News

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

Fintech News Desk
by Fintech News Desk0
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......
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
by Fintech News Desk0
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......
Why Banks Are Only as Good as the Data That Underpins Their Trading
Banking Fintech Guest Posts Investment Services Trading

Why Banks Are Only as Good as the Data That Underpins Their Trading

Tom Stock
by Tom Stock0
Imagine this scenario, the head of equities trading for one of the world’s largest investment banks is trying to navigate clients through the worst trading day since the 2008 financial crisis. $125bn is wiped off the value of major US firms, while the Dow tumbles more than 2,000 points after......
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