Tag : traditional banks

Banking Business Digital Payments Finance Fintech Guest Posts

The Direct Connection Disconnect: Why 85% of CFOs Would Switch Banks for ERP Integration

George Anderson
by George Anderson0
Finance leaders are sending a clear message to their banks: the era of logging into multiple portals and manually downloading transaction files is over. New survey data reveals that 85% of finance professionals who lack a direct connection between their bank and ERP systems would switch banks to get this......
Banking Fintech Guest Posts

How Traditional Banks Win Through Embedded Banking Collaborations

Brandon Nowac
by Brandon Nowac0
The financial services industry is at an inflection point. Embedded finance is reshaping how businesses interact with money, seamlessly integrating financial tools directly into everyday digital experiences. Startups and fintechs have capitalized on this shift by embedding payments, lending, investing, and other financial services solutions directly into the software and......
Global Banks Need Bold Transformation to Unlock Growth in a Fast-Shifting Landscape
Banking Finance Fintech News

Global Banks Need Bold Transformation to Unlock Growth in a Fast-Shifting Landscape

PR Newswire
by PR Newswire0
New BCG report warns that banks are at risk of being sidelined by rising fintech and nonbank challengers Winning banks succeed by growing at scale, increasing their share of fee income, and delivering sustainable improvement of operating leverage Successful strategic implementation of artificial intelligence (AI) could be a game changer,......
Artificial Intelligence Banking Compliance management Finance Fintech Guest Posts Payment gateways

The Future of Customer Service in Financial Services: Why Big Banks Will Need Fintechs to Survive

Brian Wagner
by Brian Wagner0
Fintech disruption began in earnest two decades ago, spawning new digital-first financial giants like Xero, Monzo, Nutmeg and Paypal and today it continues at pace, creating ever more unique opportunities to address major societal issues, whilst putting ever more exciting new services into the hands of consumers.  Such is the......
Banking Featured Finance Fintech Security

How Are Open Banking APIs Levelling the Playing Field for Traditional Banks?

Prajakta Ayade
by Prajakta Ayade0
The financial industry has seen significant disruption from fintech companies and neobanks, which benefit users by offering advanced technologies and customer-centric services. To keep pace, traditional banks are increasingly adopting Open Banking APIs (Application Programming Interfaces), a transformative technology that enables them to compete more effectively by fostering innovation, enhancing......
Mbanq Launches New White-Label Mobile Digital Banking Apps
Banking News

Mbanq Launches New White-Label Mobile Digital Banking Apps

Business Wire
by Business Wire0
Mbanq’s customizable white-label digital banking apps are now available for deployment by credit unions, banks, neobanks, FinTech platforms, and brands. Mbanq, a global leader in banking technology and Banking-as-a-Service (BaaS), launches a new suite of white-label mobile digital banking apps. These customizable apps are designed to meet the needs of......
Banking Digital Payments Finance Fintech Guest Posts

Can Embedded Payments Push Banks Ahead of FinTechs in 2024?

Carl Robinson
by Carl Robinson0
By Carl Robinson, Chief Revenue Officer, Dragonfly Financial Technologies The competition between traditional banks and FinTech companies is dynamic and influenced by various factors, including regulations, technological advancements, customer preferences and market trends. But embedded payments is refusing to sit on the sidelines any longer and is looking to play......
Americans' Preference for Diverse Online Banking Options, as Revealed by 3D Chess Media
Banking News

Americans’ Preference for Diverse Online Banking Options, as Revealed by 3D Chess Media

PR Newswire
by PR Newswire0
The U.S. banking sector in 2023 provides extensive options for consumers. Whether it’s a national bank, online entity, or a niche institution, each offers unique benefits. This diverse landscape ensures Americans get competitive rates amidst economic challenges. Americans have more choice than ever for their banking needs in 2023, whether......
Hexaware Mobiquity Report Uncovers New Barriers to Reaching Banking ESG Goals
Fintech News

Hexaware Mobiquity Report Uncovers New Barriers to Reaching Banking ESG Goals

PR Newswire
by PR Newswire0
New data reveals the present economic climate and talent management pose challenges to achieving sustainable banking for both challenger and traditional banks Today, Hexaware Mobiquity, a digital consultancy that designs and delivers innovative digital products and services for the world’s leading brands, released the third part of its annual Global Benchmark......
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