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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

In connected vehicles, the FinTech Car IQ has teamed with Discover to accelerate automotive banking. And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. All this, Today in Data.

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Brexit And The FinTech Hub Hubbub

PYMNTS

And one question worth posing is: What will happen to FinTech ? Specifically, what will happen to London’s standing as a FinTech hub? The city has long been known as a financial center (especially in Europe) and more recently as FinTech. But one clue as to how FinTech may fare is where the talent goes. and to the EU.

Fintech 145
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Digital financial services to generate $38b in southeast Asia, study finds

Bank Innovation

Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by 2025, more than tripling from $11 billion in 2019, according to a new study by Bain & Co., Google and Temasek Holdings Pte.

Study 186
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Virgin Money, Redspire Team On Business Banking

PYMNTS

Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. Virgin Money's ultimate goal is to ramp up its regional franchise, time with relationship managers and availability of digital technology and services.

Regional 205
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Big Data Explosion

Cisco

Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. This challenge is compounded by the growing use of alternative data from sources like customer data platform (CDP) providers, fintech partnerships, and even from sensors and IoT devices.

Big Data 148
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Digital Onboarding Comes To Higher Education

PYMNTS

Observing that “onboarding does not stop after students have been accepted to their chosen universities,” there remains financial aid, housing, course selection and numerous other details to manage. “A More colleges and universities are counting on identity and access management (IAM) software to help. billion by 2025.”.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. What’s on the horizon for retail banking?