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Banks and Credit Unions View Fintech Partnerships a Key Growth Strategy for 2020

Gonzobanker

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. The state of the economy is the best it’s been in a long time. Register here.

Strategy 123
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B2B FinTech On The Cusp Of Change

PYMNTS

Explore how B2B FinTech is on the cusp of change as we break down all of the statistics and surveys below. 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. 65% of U.K.

Fintech 108
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Banks: sink or swim with FinTech players

Banking 2020

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. Key reasons for this include innovations in the technology industry that offer significant opportunities to financial firms.

Fintech 40
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Banking Shift: 3 Ways the Debt Industry is Changing

Banking 2020

Debt collection is an industry with deeply entrenched practices; it’s slowly growing, subject to macro economic trends and credit cycles, and rife with litigation. These are the hallmarks of a mature industry, one that isn’t expected to demonstrate extraordinary technical foresight and innovation. However, change is coming.

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No shortage of ideas for CFPB data-sharing rules

American Banker

Banks, data aggregators and fintechs have clashed for a decade over how consumers’ bank account data should be shared with third parties. The agency says it will offer a plan, and industry officials have plenty of suggestions already.

Data 50
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Top 4 priorities for the payments industry

Banking 2020

As PSD2 hits Europe and real-time payments systems gain traction globally, the question of infrastructure has perhaps never been higher up the agenda for the industry. This also happens to be the key change for the industry with PSD2, which creates a new form of regulated entity, the third party payment service provider (TPP).

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Open to Change: The API Factor

Banking 2020

It’s a simple acronym—API—but it means so much to every industry. And for banking professionals in particular, it means even more. And for an industry built on the twin foundations of confidentiality and compliance, that’s one gigantic giant issue. Again, it all sounds so simple, but there’s at least one big complication.