Gonzobanker
FEBRUARY 19, 2020
Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. In What’s Going On In Banking 2020: Outlook for a New Decade , 65% of banks and 76% of credit unions say these partnerships will be an important part of their business strategies this year.
Banking 2020
JANUARY 20, 2015
Resisting the tide is to live in denial—things will change, and the better our industry can handle it, the better things will be for everyone. Estimates vary, but it’s clear that tens of millions of consumers have little or no credit history, and many of them fall outside the purview of traditional lending institutions.
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Banking 2020
MARCH 26, 2015
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.
PYMNTS
MAY 16, 2016
The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. Those services include bitcoin and peer-to-peer lending, analysts said. 65% of U.K. 65% of U.K.
Banking 2020
SEPTEMBER 23, 2014
Question: Community branch, personal service, mobile banking—which is the odd one out? Otherwise, the industry is in trouble. For some time now, there have been discussions about the future of community banks in the age of digital banking. Answer: None.
Banking 2020
DECEMBER 3, 2015
This is according to a new report by InnoTribe, which stated that financial technology pioneered in the country is set to change the way consumers around the world think about banking. The financial services industry has had a key role to play in this growth. ”
Banking 2020
FEBRUARY 1, 2016
Providing more services than clients expect also feeds directly into how banks respect and show appreciation toward their clients. The perennial challenge in the industry is for banks to find ways to foster deeper and more satisfying relationships with clients.
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