Tag : traditional banks

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......
Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks
Lending News

Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks

Business Wire
by Business Wire0
Lending as a Service partner and fintech, Propel, will service new Pathward consumer loans Pathward, N.A., a national bank driven by its purpose to power financial inclusion, is adding a new line of credit to open access for credit challenged consumers. While credit options are abundant for some consumers, others......
CLPS Incorporation Announces New Generation of Loan Management System Development to Facilitate Digital Transformation for Banks
Banking News

CLPS Incorporation Announces New Generation of Loan Management System Development to Facilitate Digital Transformation for Banks

Fintech News Desk
by Fintech News Desk0
CLPS Incorporation announced the development of a new generation of loan management system a product intended for small and medium-sized banking institutions. CLPS plans to launch the loan management system in Hong Kong and Southeast Asia region in 2023. Latest Fintech News: Wingsure Partners with AICIL to Provide Curated Insurance Products and Digital Management......
Airwallex Launches Global Payment Services in New Zealand Drives Business Growth in the ANZ Region
Digital Payments News

Airwallex Launches Global Payment Services in New Zealand Drives Business Growth in the ANZ Region

Fintech News Desk
by Fintech News Desk0
Leading financial platform Airwallex  today announced the launch of its global payment services in New Zealand. The launch will enable businesses in New Zealand to tap into Airwallex’s global payments services, offering a faster, more cost-effective and transparent alternative to traditional banks. Latest Fintech News: Advisor360° Introduces New Beneficiaries Capability for Insurance......
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