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FinTech LendingClub Buys Radius Bank For $185M

PYMNTS

Radius is based in Boston and has in the neighborhood of $1.4 The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide. Recently, Varo Money , a mobile bank, got FDIC approval to accept consumer deposits. billion in assets.

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Getting Mobile Ready

Independent Banker

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies.

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Model Bank 2017: Some First Impressions

Celent Banking

As the imperative to be more customer-centric has become more pressing, it has in turn begun to blur the lines between one of the oldest ways to divide banking: channels. And lines elsewhere begin to blur, too – for instance, should a mobile payments initiative be in mobile, or in payments, or in its own category?

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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

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How Innovative mPOS Is Paving The Way To A Self-Checkout Future

PYMNTS

They aim to help shoppers move seamlessly from browsing a merchant’s website to perusing the aisles of brick-and-mortar stores through shared carts and other digital payment experiences. In some cases, brands like Loblaw and Nike are letting shoppers use their mobile phones to pay for their purchases at their physical stores.

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Who needs a financial centre?

Chris Skinner

In September 2016, the last survey, some things had changed: London New York Singapore Hong Kong Tokyo San Francisco Boston Chicago Zurich Washington DC No Frankfurt. We were talking about mobile payments – yes, it was a topic even back then in 1997 – and I was postulating that you could make a payment anywhere, anytime.

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The Enduring Importance of Physical Engagement in Retail Financial Services

Celent Banking

Unlike most every other retailer on the planet, most banks initially invested in digital banking for transaction migration, not sales. The mobile realm needs the most work. Celent is pleased to offer a Celent Model Bank award in 2017 for Branch Transformation. That is changing, but not quickly.

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