Search Results for: traditional banks

Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers
Banking Finance Fintech

Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers

Business Wire
REPAY, FACEBANK and Pana are now able to offer accessible and affordable cash transactions and services to customers via Green Dot’s vast network of thousands of retail locations nationwide. Green Dot Corporation, a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced the......
Ey Announces Alliance With Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services
Fintech News

Ey Announces Alliance With Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services

PR Newswire
Acceleration of revenue and profitability growth through product-line expansion, diversification and customer acquisition Increased efficiency in acquisition, personalization at-scale and digital platform deployment The EY organization announces an alliance between MoneyLion, a leading enterprise and consumer FinTech company, and Ernst & Young LLP (EY US), to help drive innovation and......
Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports
Banking News

Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports

PR Newswire
Market pressures are hurting banks, credit unions, and consumers’ cash flow; cybersecurity and employee retention are shared priorities for both industries. Wipfli LLP (Wipfli), a top 20 advisory and accounting firm, published the results of two industry surveys from the banking and credit union sectors that share insights into their......
Shaping The Future Of FinTech: Swapin's Mission To Bridge Crypto & Banks
Cryptocurrency Fintech News

Shaping The Future Of FinTech: Swapin’s Mission To Bridge Crypto & Banks

GlobeNewswire
Powered by a commitment to drive real-world crypto utility and adoption, Swapin has built multiple innovative solutions for buying, selling and spending crypto. As crypto enters the financial mainstream, a huge unmet need persists: a method to seamlessly connect crypto to traditional banking for daily transactions. Since 2017, Estonian fintech......
Banking Fintech Fintech Primers

What Are Fintech Banks?

Pooja Choudhary
Much in vogue….Fintech..banks..Fintech Banks! Fintech banks, sometimes known as Neobanks or challenger banks, provide software, apps, and other technological enhancements to traditional online banking platforms. The majority of this fintech’s experience is in the banking sector. Exploring the World of Fintech Banks Neobanks are only available online financial institutions providing conventional......
Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry's Largest Banks & Financial Institutions
Banking Blockchain News

Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry’s Largest Banks & Financial Institutions

PR Newswire
With 75% of its tier-1 FI customers exploring tokenization, Fireblocks now supports clients with their most complex tokenization use cases Fireblocks is excited to announce the acquisition of BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. The acquisition enriches Fireblocks’ tokenization capabilities......
Banking News

GFT and Thought Machine to Accelerate Digitization Initiatives That Will Power US Banks’ Future Growth

GlobeNewswire
The Companies Behind Standard Chartered’s Digital Bank Mox are Scaling Cloud-Based Core Banking Offerings Stateside Traditional banks are at a critical point in their digital trajectories, having amassed significant consumer trust beyond that of digital-first challengers. Now, global digital transformation company GFT and cloud-native banking technology company Thought Machine are equipping incumbent banks to thrive in the......
Banking Featured Fintech Primers Mobile Banking Security

How Can Banks Stay Competitive With A Secured IT Security Infrastructure?

Pooja Choudhary
Web application and API crimes against banking firms soared by 257 percent in 2022, according to statistical analysis from Akamai. The cost of cybercrime in this industry is also among the greatest; according to IBM, in 2022, the usual cost of a data breach in this industry was $5.97 million,......
interface.ai Unveils Sphere: AI-Powered Chat Assistant Enhancing Banking Experience for Banks & Credit Unions
Banking News

interface.ai Unveils Sphere: AI-Powered Chat Assistant Enhancing Banking Experience for Banks & Credit Unions

PR Newswire
Spearheading the era of Interactive Intelligence for Banking, interface.ai’s new product suite, Sphere, uniquely converges the System of Engagement and System of Intelligence interface.ai, a frontrunner in providing AI-powered solutions for the financial industry, announced the launch of Sphere – an innovative generative AI-powered multimodal assistant mirroring capabilities of ChatGPT.......
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