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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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Which fintechs will survive the pandemic?

Payments Source

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

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IT Transformation: How Banks Are Driving Digital Technologies

Banking 2020

Eliminating valueless assets gives IT new-found time and capital to keep pace or even lead business innovation. Voices digital banking IT IT budget technology' Activities that “keep the lights on” consume precious resources. Think like a stockbroker. F/K/A Cullinet Software). .

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Why OnDeck is being sold on the cheap

American Banker

The pioneering online lender had long struggled to live up to the hype that drove its early growth, even before the pandemic pushed it to the brink.

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Which fintechs will survive the pandemic?

American Banker

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

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Varo Money gets new backers as it nears completion of its bank charter

American Banker

The mobile bank raised $241 million in its Series D round of funding, and expects to receive approval from regulators to become a nationally chartered bank this summer.