Remove Banking 2020 Remove Cards Remove Community Remove Innovation
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This Week’s Reads: Underbanked, DIY Banking, Community Banks

Banking 2020

Articles via American Banker, Bankrate, Financial Brand and Bank Innovation. Rush to serve the underbanked spurs innovation: With the race between financial institutions to become the most innovative heating up, consumers and financial institutions alike are becoming more aware of the effects innovation is having on the industry.

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B2B FinTech On The Cusp Of Change

PYMNTS

200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 65% of U.K.

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The Mobile Money Revolution: Transforming Lives

Banking 2020

It’s easier to tap and go with your contactless card than to use cash at a till, but is it really transforming lives? In the developing world, however, the power of mobile banking and payments to radically improve the lives of people in poverty is something that deserves attention. “By

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?? Generations X and Y’s “Culture of Convenience” driving financial institutions toward “mobile-first” omnichannel structures

Banking 2020

Cash and checks have taken a backseat to faster, more efficient payment methods like credit and debit cards. Cryptocurrencies like Bitcoin run on a decentralized system of computers and use a secure “ blockchain ” ledger that is verified by the community through cryptography. These are some impressive gains however you look at it.

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