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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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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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Whodini Uses Beacons to Help Merchants Engage with Customers

Fintech Labs Insights

Merchants open the Whodini box, peel-and-stick the Whodini beacon on a wall, set up their online and mobile accounts in five minutes, and they are live and operating. Metrics: Company has a solid history of running marketing services for 20,000+ SMB merchants. Founded: September 2004. Product Launch: May 2015. HQ: Westport, CT.

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How The Fed Will Impact Your Deposit Beta

South State Correspondent

The Fed is data-dependent but has reinforced the market’s view of front-end loading interest rates at 50bps per meeting. The following external factors would dampen the industry’s beta: Ample liquidity – Banks are flush with liquidity and can lag the market with deposit rate increases.

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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. The impact of tech on the mortgage market is still in the early innings. Digitally fluent home buyers are entering the market and expect a digitized loan process. 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. Open platform strategy.

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