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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. customer impact. Unnamed Industry Heavy, March 2020.

Fintech 109
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Pandemic Supply Chain Pivots, Cross-Border Conversion, P2P Payments Top This Week’s News

PYMNTS

FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic. There is a rush to capitalize on a digital shift powered by the pandemic, and it isn’t about providing physical a digital channel. Visa, Facebook Link Up For P2P Payments, eCommerce On WhatsApp. Bank profits in the United States took a 69.6 Why Digital’s 3.0

Payments 151
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How Banks Are Marketing to Different Demographics Online

NCR

Historically, the financial services sector has been reluctant to embrace digital marketing – or expand into new online domestic and global markets. My company specializes in helping banks engage global customers in their preferred languages, online. Banks can smartly capitalize on this, and help customers along the way.

Online 40
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How Banks Are Marketing to Different Demographics Online

NCR

Historically, the financial services sector has been reluctant to embrace digital marketing—or expand into new online domestic and global markets. My company specializes in helping banks engage global customers in their preferred languages, online. This way brands can spot gaps and anticipate customer needs before competitors.”.

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Dr. Strangelove or: How Fintechs Will Learn to Stop Worrying and Love Regulation

FICO

In China, online P2P lending exploded in popularity, with the number of P2P lenders growing from 50 in 2011 to 6,000 in 2015. In India, online lending companies raised a record $909 million in venture capital last year (the third-biggest market behind the U.S. Brand protection. and China).

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Wal-Mart: Checking Accounts in Aisle 3

Banking 2020

That mixed record has given hope to traditionalists who maintain that the biggest barrier to entry into financial services remains the capital investment required. Consistent with the overall Wal-Mart brand, the new service will be both ubiquitous and low cost. Essentially, anyone of voting age anywhere in the country can sign up.

Apple 71
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The Elephant in the Room: Branches

Jeff For Banks

The recently released FDIC Summary of Deposits showed the second year of branch decline. The most recent ABA study on delivery channel preference showed online banking eclipsing branch transactions for the 55+ set. We don''t want to manage multiple properties of former branches that sit stale on our books eating our capital.