Which fintechs will survive the pandemic?
Payments Source
JULY 20, 2020
Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.
Banking 2020 Company Financial Technology Technology 
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Which fintechs will survive the pandemic?
American Banker
JULY 20, 2020
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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China key to banking and payments innovation
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Financial services organisations in China are expected to shine a light for the rest of the world when it comes to innovation in the banking sector in the coming years, with the primary drivers being non-traditional companies that are looking to develop new payment solutions and platforms. At the turn of the millennium, just 1.8
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It’s a question that’s beginning to be asked as the explosion of new technology in the payments industry means consumers and businesses are left with an endless stream of channels to use. Either way, it is a signal that even a company with the reach and scale of Amazon cannot always make the transition into payments easily.
The Modular Future
Banking 2020
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Of course, it’s all driven by technology. Regulation plays a role too: Stricter compliance mandates are squeezing some lines of business for larger companies, enabling smaller funds and lenders to move in. We know how easy it is for technology-enabled upstarts to lure customers with convenience over trust and quality.
?? Generations X and Y’s “Culture of Convenience” driving financial institutions toward “mobile-first” omnichannel structures
Banking 2020
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Consumer and technology trends. This affinity for technology has created a culture of convenience, so it’s no surprise that mobile payments are increasing in popularity. 74% of adults in the Millennial generation say mobile banking is extremely important to them. 85% say they are open trying new banking and payment technologies.
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