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B2B FinTech On The Cusp Of Change

PYMNTS

While Lending Club generally focuses its services on consumers, the implications of Laplanche’s resignation have echoed throughout the SME lending space as well and could see a further decline in banks backing small business loans offered through marketplace platforms. 65% of U.K. and U.S.

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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. The most recent Real Weddings Study published annually by Knot.com reported that the average wedding cost has skyrocketed to $29,858, the costliest figure in the history of the study.

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This Week’s Reads: Bank, Biometrics, Financial Literacy

Banking 2020

Moving from financial literacy: Only 58% of college students reported they felt prepared to manage money while in college. Analyst reports project significant growth in the global biometrics market: A recent study found that the biometric market has been increasing in recent years.

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Sweden set to win cashless race

Banking 2020

A study from Stockholm’s KTH Royal Institute of Technology says the country’s embrace of electronic payments means it’s set to ditch cash in the near future. Big banks like SEB, Swedbank and Nordea Bank have stopped manual cash-handling services in the vast majority of their local branches. They will send you to an ATM.

Study 40
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By the Numbers: Biggest Pain Points in Customer Service

Banking 2020

An online study of 5,000 consumers in the US uncovered the worst aspects of getting help from customer service contact centers. There seems to be a need for knowledge management systems that are smarter, as simpler questions get handled by self-service.

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High-Frequency Trading: Is It The New Normal?

Banking 2020

Animation aside, that would probably be Moneyball , an absorbing analysis of the moves made by Oakland As manager Billy Beane to rely more on technology-driven data than old-school scouting to put together his 2002 roster. Anybody remember the last time Brad Pitt showed up in a big-screen movie that didn’t have much blood and gore?

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Power Up Your IT Budget by Zero-ing in on Waste

Banking 2020

On average, 28 percent of all deployed software is unused, while $224 in wasted licenses sits completely unused on every PC, according to a study by 1E. During Bob’s 25 years at Forsythe Technology, he has held a number of national management positions and earned numerous distinctions. in the U.S.