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How Opening Bank Data Can Transform SMB Lending

PYMNTS

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., ” The U.S.’s ’s Open Banking Path. While more financial service providers in the U.S.

Lending 233
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Getting Started On Embedded Finance

Perficient

Put simply, embedded finance is the placing of a financial product in a nonfinancial customer experience, journey, or platform. . This can include offering lending services or creating embedded bank accounts for other businesses or consumers. Embedded Finance and Blockchain . Conclusion .

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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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Finastra Reimagines Originations With Fusion Credit Connect Rollout

PYMNTS

As it reimagines how borrowers and relationship managers work together, Finastra unveiled the rollout of Fusion Credit Connect on the FusionFabric.cloud of Finastra and the AppExchange of Salesforce. Ripple had joined forces with Finastra to let banking customers use blockchain payments network RippleNet per a report in October.

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Alt-Lending Enjoys Sudden Investment Revival

PYMNTS

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109
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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

Instead, stories and conversations were salted with examples of fintech investments, BaaS opportunities, customer experience transformation, crypto integration, and even blockchain experiments and the potential of DeFi. Technology Management Breaking the Bank? Only the niched will survive.

Fintech 165
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Advancing Innovation in the Global Financial Services Industry

Insights on Business

Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. New hybrid cloud platforms will offer unprecedented scalability, agility, and security, optimized for enterprise AI and blockchain. IBM RegTech Innovations.

Industry 155