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How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

Fintech 211
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FinTechs, AI And The Rise Of SMB Credit In Brazil

PYMNTS

One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access to credit. Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. FinTech Sandbox. FinTech Prognosis.

Fintech 136
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Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore eBank Licenses

PYMNTS

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. JPMorgan Ups Security By Blocking FinTechs From Passwords. Ant, Razer Join Rally For Singapore eBank Licenses.

Fintech 133
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Report: Helping Banks Speed Payments Cross Border And Make A Clean Correspondent Bank Break

PYMNTS

FIs of all sizes are developing new systems to supplant or replace correspondent banking models, with many partnering with FinTechs to do so. Banks and FinTechs are entering into new partnerships to take advantage of this gro wing demand for cloud technology. Standard Chartered expects this process to be complete by 2025.

Payments 228
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Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking

PYMNTS

Volante Technologies Inc. , the FinTech software company, announced Wednesday (Sept. Built from scratch in the cloud, the Goldman Sachs Transaction Banking Platform was crafted to provide secure and easy access for corporate clients, Volante said. “In Uday Thakur , Volante’s chief technology officer, said it’s a two-way street.

Payments 151
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Singapore’s Credify Raises $1M To Expand Into Southeast Asia

PYMNTS

The company said it works to generate new sources of revenue for organizations while ensuring privacy protection and blockchain-based security. South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. The area is projected to be a $72 billion market for FinTech in 2020, at an CAGR of 72.5

Regional 171
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Big Data Explosion

Cisco

The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. trillion by 2025, growing at a CAGR of 16.9%.

Big Data 148