article thumbnail

Traditional FIs Drive Modernization Through FinTech Pairings

PYMNTS

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

Fintech 308
article thumbnail

Fintech Deals to Watch: Back to School

Gonzobanker

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 198
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The FinTech Wave, Part One

Chris Skinner

Apparently, people like it and here I’m going to expand upon the basic theme to give a detailed analysis of how FinTech wings are spreading. There’s been a lot of talk about fintech lately. In fact, saying ‘fintech’ is like saying ‘retailer.’ So, here is the FinTech Wave, Part One.

Fintech 342
article thumbnail

Fintech Funding: British fintechs make plays for document automation, digital banking

BankInovation

London-based documents automation fintech Uhura Solutions has raised $1.8 Uhura Solutions offers a low-code solution for document and contract analysis, automating data analysis and classification, extraction, review and processing, according to a release. The fintech works with $1.7

Fintech 98
article thumbnail

The three sexiest words in FinTech

Chris Skinner

I recently opened an investment fund for blockchain start-ups in partnership with Life.SREDA, who produce a report on the state of FinTech twice a year.

Fintech 284
article thumbnail

Looking at New Tech? Don’t Forget the Cost Analysis, Ally CIO Says

Bank Innovation

But with the rapid acceleration of the fintech space, how should banks decide if a new space or tech is worth pursuing? An old-school cost analysis will do, according to Michael Read More. Banks have been fairly active in tapping into new technologies recently, either through partnerships or with internal innovation groups.

Analysis 150
article thumbnail

Fintech Deals to Watch: Fall Festivities

Gonzobanker

Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech. The two firms previously agreed to sell Black Knight’s Empower LOS to Constellation Software as part of their merger agreement (see further analysis and impact ).

Fintech 103