Tag : Banks

Web Summit: Revolut Founder and CEO Nikolay Storonsky Discusses Regulation and Competition From the East, and From Western Banks
Banking Business Fintech News

Web Summit: Revolut Founder and CEO Nikolay Storonsky Discusses Regulation and Competition From the East, and From Western Banks

Fintech News Desk
Revolut founder and CEO Nikolay Storonsky talked about replicating the success of superapps from the east, and competition from traditional banks and tech companies. “I think there is less competition compared to the east. Here our competition is only banks, and to be honest they are not that sophisticated.” Nikolay Storonsky joined European......
Payment Trends in 2021 to Look Out For!
Business Fintech Fintech Startups Guest Posts

Payment Trends in 2021 to Look Out For!

Colton Seal
If one thing in this world is true, it’s that payment innovation will never stop. And while 2020 has been a huge year for payment companies, 2021 has even more prospects. Below are a few trends I think we will see play out in domestic, cross-border, and credit card payments......
In the Wake of COVID-19, Majority of Banks Say Payment Technology is an Arms Race They’re Unprepared For
Banking Digital Payments News

In the Wake of COVID-19, Majority of Banks Say Payment Technology is an Arms Race They’re Unprepared For

Fintech News Desk
New Marqeta study shows that while COVID-19 has made payments an even more crucial digital battleground for banks, legacy technology is creating barriers to innovation. Marqeta, the global modern card issuing platform, released the second part of its European Banking report, based on a survey of 200 European banking executives,......
Faraday Named a Cool Vendor by Gartner
Banking Fintech News

Faraday Named a Cool Vendor by Gartner

Fintech News Desk
Faraday, the cloud-based consumer prediction company, today announced its designation as a Cool Vendor in Gartner’s 2020 Cool Vendors in Banking report. Read More: Danske Bank Lays off 257 Employees Under Announced Cost Reduction Plan According to Gartner, “Banks use an increasing range of emerging technologies to provide innovative products......
Former Goldman Sachs Tech Chief Elisha Wiesel Joins The Floor as Chairman, Bringing Over 25 Years of Wall Street Banking Experience to the Fintech Company
Banking Fintech News

Former Goldman Sachs Tech Chief Elisha Wiesel Joins The Floor as Chairman, Bringing Over 25 Years of Wall Street Banking Experience to the Fintech Company

Fintech News Desk
Wiesel will help drive the Company’s platform to its next stage of growth and bolster strategic partnerships The Floor, a pioneering technology provider empowering global banks to seamlessly manage their vendor offerings alongside their internal stack, today announced the appointment of Elisha Wiesel as Chairman of its Board of Directors. In his......
Award-Winning FinTech Monit Announces New Features for Banks to Foster Deeper, More Profitable Relationships with Business Customers
Banking Fintech News

Award-Winning FinTech Monit Announces New Features for Banks to Foster Deeper, More Profitable Relationships with Business Customers

Fintech News Desk
Data-driven Insights Level the Playing Field for Community Banks and Credit Unions Competing with Mega-Banks Monit, the award-winning mobile predictive financial platform for small businesses, today announced new features for banks that offer Monit to their small business customers. Using predictive intelligence, Monit offers banks a high-level, holistic overview of......
FintechOS
Banking Fintech InsurTech News

FintechOS Launches Lighthouse its Next Generation Platform for Banks and Insurers

Fintech News Desk
Lighthouse’s low-code approach that puts data at the core, empowers institutions to deliver personalised products and customer journeys in weeks rather than months FintechOS, the global technology provider for banks, insurance and financial services companies, today launched Lighthouse, an end-to-end platform that accelerates digital transformation for banks and insurers. Lighthouse includes......
Banking Business Featured Fintech

Robo Advisors – Changing the Face of Investments

Tanika Mehrotra
Robo Advisors are robotic financial advisors that use algorithms to automatically select investments for the customer, and also advise them on other relevant financial decisions. Robo-Advisors are not new to fintech; they have been around for over a decade. A standard robo-advisor collects financial information from the customers, like their......
Mastercard Extends Open Banking Efforts with Close of Finicity Acquisition
Banking Fintech News

Mastercard Extends Open Banking Efforts with Close of Finicity Acquisition

Fintech News Desk
Mastercard (NYSE: MA) today announced it has completed its acquisition of Finicity, a leading North American provider of real-time access to financial data and insights. Read More: Veracode Research Shows Financial Sector Leads In Fixing Application Flaws, Lags In Time To Remediate “Today is a great milestone as we continue......
BrightFi Services Launches Bank On Banking Core, Helping Banks and Credit Unions Across the US Reach the Underserved with Certified Bank On Account Products
Banking Business Fintech News

BrightFi Services Launches Bank On Banking Core, Helping Banks and Credit Unions Across the US Reach the Underserved with Certified Bank On Account Products

Fintech News Desk
BrightFi, the Banking as a Service (BaaS) company that saves banks time and money while increasing profitability, has announced it is now able to provide banks and credit unions with Bank On account templates that are fast, easy and affordable to implement. Read More: Wells Fargo Quantitative Prime Services Offers......
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