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Tink Gets Investment From PayPal To Expand

PYMNTS

Tink , the Swedish company that enables FinTechs to access customers’ financial data, has received an $11.2 Reuters , citing the companies, reported proceeds from the investment will be used for Tink to expand its team, develop new products and connect more banks. which is expected to double by 2030. In February Tink raised $62.7

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

In the February Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including new co llaborations between CUs and FinTech firms, initiatives to appeal to Generation Z and how CUs are working to protect against the ongoing threat of data breaches. million CU members. Developments From Around The World Of Credit Unions.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories. Source: Deloitte.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

One bright spot for the banking industry is Americans’ rising appetite for credit card debt. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however.

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. The bank selected the front-to-back digital offering, TCS BaNCS Global Banking Platform, enabled with APIs and cognitive tools such as AI and analytics.

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Chris Myers, President & CEO, Citizens Business Bank – During a tumultuous time for West Coast banks, Myers kept his sights on being a top commercial relationship bank.

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Citi On Simplifying Cross-Border Payments

PYMNTS

Disposable incomes have grown dramatically over the past several years, he remarked, and the middle class that spans countries across the globe is spending $25 trillion dollars annually and will spend an additional $30 trillion by 2030. The FinTechs, in turn, benefit from the banks’ access to large customer bases.

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