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B2B FinTech On The Cusp Of Change

PYMNTS

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. In B2B payments, that means changes in how businesses access, protect and ultimately make their money. 65% of U.K. 65% of U.K.

Fintech 108
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Lending: When Technology Makes the Call

Banking 2020

But bowing to the inevitable doesn’t seem too smart either—we need to manage the transformation in such a way as to make it benefit all parties. 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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Branch Transformation: Innovating to be Nimble

Banking 2020

The perennial challenge in the industry is for banks to find ways to foster deeper and more satisfying relationships with clients. There are silos between banking services – front line services and lending, not to mention wealth management.

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How to Build a Banking Customer for Life

Banking 2020

As a financial institution, guiding your clients through personal finance, money management, and budgeting goals can help you stand out. This may also be an opportunity for you to discuss any savings, lending, and insurance products you offer that could be helpful. Client services are an integral part of any business.

How To 90
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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. According to FDIC Data Calls as outlined in the Forbes , in the 4th Quarter of 2014, traditional banks’ commercial loan portfolios saw a 3.1%

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FI Highlight: Westpac New Zealand

Banking 2020

Westpac has been operating in New Zealand since 1861 and is one of the country’s largest full service banks with over 1.3 Westpac provides a full range of retail and commercial financial services including home and business lending, funds management and treasury services. million customers.

Mobile 47
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Future of Customer Experience in Digital Banking

Banking 2020

Digital Banking with Omni Face: In the age of IoT (Internet of Things), where the digital world (20%) is joining the enormous physical world (80%), dividing lines between industries will blur and banks will merge with non-banking world to capture value and offer customer delight.