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Indian FinTech Creates Inclusive Services For Rural Underbanked

PYMNTS

After all, what counts as a bank or not is a little bit different in India than it is in the United States, he said. Agashe said the 50,000 very small community banks and credit unions (CUs) spread throughout India’s rural regions don’t count as “banks” in the official tally. or ‘Why don't you put in an ATM?’

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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs.

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The Many Answers To ‘What Is A Bank?’

PYMNTS

Consumers Think About the Key Issues Driving the Connected Economy explored a census-balanced sample of consumers who bank with legacy financial institutions (FIs) as well as credit unions (CUs), digital banks and even PayPal. We asked consumers to define banks, and they did so in much the same way, with 98.8

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NCR Acquires Terafina – So What?

Gonzobanker

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. Digital banking providers answered the demand with digital account opening solutions.

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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Executives at the financial institution who have responsibility for customer service, digital banking and retail sales have one perspective. Community banks and credit unions, in total, have 56 million. At some point, almost every fintech company has written off an investment or expenses.

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How To Compete With Banks: Start With First Principles

PYMNTS

It’s a fair question today, particularly as we observe the blurring of the lines between traditional banks, Big Tech and FinTechs — and as we contemplate the impact that the blurring of the digital and physical worlds has on consumers’ expectations and customer service paradigms. Seven percent (7.4) percent) or PayPal (3.2

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The SMB Challenger Banks: Bank Novo

Fintech Labs Insights

SMB digital banks. The banking partner is Middlesex Savings Bank , a Natick, MA-based community bank with $5.7B ATM fees reimbursed. Related: The SMB Challenger Banks: Mercury Targets Other Startups. The 12 Fintech Companies in Top Quartile of 2021 INC 500. Debit card. 50 min deposit.

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