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Should banks be worried about skyrocketing fintech valuations?

American Banker

Speculation is part of the reason for the growing differential in market capitalization between legacy financial institutions and upstarts. But one venture capitalist says it's "a call to action" for traditional banks to match fintechs' all-digital, customer-friendly services.

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This Week’s Reads: Wallet App, Apple Pay, PayPal

Banking 2020

Capital One acquires user experience consultancy Adaptive Path – Finextra. Capital One’s Wallet App Uses ‘No Typing’ Authentication – American Banker. Below are interesting stories the Banking.com staff has been reading over the past week. 5 Reasons Mobile Trumps Desktop – Credit Union Times.

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New But Not Yet Normal: Can Agility Make the Difference?

Banking 2020

and corresponding liquidity pressures, which were aimed at making the banking system shock-proof are indicating an erosion of growth in many high potential markets. Corporations need support in working capital optimization and banks are at the cusp of seizing this opportunity by demonstrating the agility to change the trade landscape.

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Savings Goals Top Millennial Resolutions – 3 Steps for Successful Savings Follow-Through

Banking 2020

This article is written by me with support from Capital One in conjunction with the release of the brand new Millennial Mindset on Money Survey. In Capital One’s new Millennial Mindset on Money Survey, 40% of millennials said they would use a $100 gift to increase their savings balance. Check out the results below! Track Your Progress.

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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

Lastly, traditional banks can improve their relationships with business owners by bundling non-traditional services with their bread and butter products. For instance, they could offer light advisory services or seminars to business owners who have working capital lines of credit.

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This Week’s Reads: Mobile Payments, Banking Apps, Apple Pay

Banking 2020

Bank websites said to suffer from attention shift to mobile: While banks’ mobile banking capabilities are continuing to evolve, in some cases, Web-based products and services are being ignored. Banks need to capitalize on all of their channels and should avoid placing such emphasis on one channel that it hurts the others.

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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead.

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