article thumbnail

Retail banking trends to look out for in 2023

Independent Banker

“We are continuing to explore relationships with fintechs, especially as it relates to fraud prevention and providing more value to our customers,” says chief deposit officer Dan Hancock. Looking even further into the future.

article thumbnail

How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Digital Demand.

Fintech 211
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why an Identity-Based Solution is Critical to Mitigate Bank Fraud

The Financial Brand

This article Why an Identity-Based Solution is Critical to Mitigate Bank Fraud appeared first on The Financial Brand. With the rising sophistication of fraud attempts and attacks, banks and fintechs should consider more identity-centric prevention models.

Fraud 20
article thumbnail

SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. In the latest demonstration of FinTech-to-FinTech integration, U.K.

Fintech 132
article thumbnail

Santander Shows One Way Forward For 5G And Banks

PYMNTS

For financial institutions, the ongoing emergence of the 5G world comes as many of them try to gain an edge in the increasingly mobile world of banking and financial services – a world where FinTech and innovation in general promise to take on more vital roles as PSD2, open banking and other initiatives kick in. Low Latency.

Mobile 116
article thumbnail

How a New Report from Silicon Valley Bank Assesses the Future of Fintech

The Financial Brand

This article How a New Report from Silicon Valley Bank Assesses the Future of Fintech appeared first on The Financial Brand. They're back: Silicon Valley Bank issues its first fintech outlook since its historic collapse – and works hard to see the bright side.

Fintech 27
article thumbnail

Credit Unions Unite Behind Digital Banking

PYMNTS

Specifically, the metamorphic impact of mobile open banking and instant payments has been the first real test of the trust bond that holds CUs together. With the possible exception of FinTechs that stand to gain from customer defections and perhaps some legacy banking competitors, no one is rooting against the CUs.