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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. Yet, credit must be given to bankers who are finally pouring real financial investment and attention into these new experiments.

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Credorax, Samsung To Introduce Blockchain-Based Open Banking

PYMNTS

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. Digitization in banking is on the rise due to the pandemic, which has seen people and businesses flocking to digital forms of financial services.

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Join our ‘Fintech in the Age of Coronavirus’ Zoom meeting (Subscribers Only) 

Bank Innovation

How will banking and fintech business models be impacted by this unprecedented coronavirus pandemic? For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

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Blockchain Inches Slowly Out Of Pilot Phase

PYMNTS

It seems that blockchain may never leave the lab and enter the real world. And, indeed, this week’s Blockchain Tracker continues its coverage of ongoing tests and trails of blockchain solutions. Take a look at the ongoing tests — and the projects that made it out of the lab — in the breakdown below. Testing Continues.

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Banking’s Hard Fork in the Post-Neobank Era

Gonzobanker

Delivering a better customer experience is not the only way for banks to gain a competitive advantage. According to Investopedia, “Forks may be initiated by developers or members of a crypto community who grow dissatisfied with functionalities offered by existing blockchain implementations.”. Banking’s Hard Fork. They’re wrong.

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Banking on Blockchain for Increased Trust

Insights on Business

There may be any number of factors that affect trust, including residue of the global financial crisis, poor customer experiences, rising fees, or a bevy of other possibilities. The need for renewed trust is one of the reasons for the rapidly-growing interest in Blockchain technology – secure, immutable, transparent and scalable.

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What Can Banks Learn From The FinTechs?

Insights on Business

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. What can banks learn from the FinTechs?

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