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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

Yet, the broader perception of smaller financial institutions (FIs) in the industry is that these banks lack the resources that larger banks offer, as well as the agility of emerging FinTech firms, to promote product and service innovation to their SMB clients. has dropped from 8,000 in 2004 to about 5,400 in 2018.

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Why Authentication And Real-Time Tracking Are Key To API Security

PYMNTS

The share of B2B transactions conducted via check has fallen 50 percent since 2004 and hit an all-time low of 42 percent last September, for example. We’re seeing a shift toward not only real-time payments, but also real-time treasury management, real-time forecasting and real-time fraud detection.”.

Security 151
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How ISO 20022 Can Boost Interoperability, Intelligence

PYMNTS

Payments are getting faster, safer and smarter, as players ranging from established FIs to FinTechs work to move money in better ways than they did before. Old or new, traditional FIs share a common problem: They still rely on legacy infrastructure, but digital-native FinTechs do not.

System 100
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech.

Cards 101
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How The Fed Will Impact Your Deposit Beta

South State Correspondent

That 9% does not include specialty consumer banks or fintech companies. Therefore, we would expect industry beta to be closer to that seen in the 2004 to 2007 tightening cycle of 40% to 50%. Community banks that are able to attract less price-sensitive consumers and operating business accounts will outperform the market.

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Mortgage Tech 101: What It Is & Why It’s Taking Off Now

CB Insights

FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Fintech deals and funding are on track to reach record highs in 2017. In this analysis, we examine what mortgage tech is, what its impact will be on incumbent players and fintechs, and the key drivers creating a big opportunity in mortgages now. What is mortgage tech?

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What The Largest Global Fintech Can Teach Us About What’s Next In Financial Services

CB Insights

Today, it’s the largest fintech player globally. As the financial affiliate of Chinese e-commerce giant Alibaba Group , Ant Financial encapsulates a fintech ecosystem that starts with its dominant mobile payments service, Alipay, and expands into credit scoring, wealth management, insurance, and lending. Wealth management.

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