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BankBazaar Turns 15: Celebrating a Decade and a Half of Innovation and Diversity

BankBazaar

Blast from the Past: The Birth of BankBazaar Back in 2008, the fintech revolution in India was truly revolutionised with the founding of BankBazaar by Adhil Shetty, Arjun Shetty, and Rati Shetty in the vibrant city of Chennai. Bid farewell to stacks of paperwork and lengthy verification processes!

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Apexx Organizes Merchant Solutions Marketplace

PYMNTS

Apexx, a FinTech startup, is reportedly launching in London, aiming to create a transparent marketplace in which merchants can browse and plug into competing services for a network of acquirers and payment brands. Apexx isn’t launching alone.

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The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

The results say more about consumer Fintech investing than about any company in particular. Next came the arithmetic of how much these companies raised, and how together they have 15 million users and $10 billion of European Fintech unicorn enterprise value. People just might switch phone brands for Facebook.

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Mitek Upgrades Digital ID Verification With NFC Technology

PYMNTS

Mitek noted in a press release that its new NFC-enabled “fast lane” can enable “banks, FinTechs and financial organizations onboard their customers more simply and securely.”. According to the company, users scan their NFC-enabled ID document and then “take a selfie to check liveness and face comparison.”

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Small businesses favor traditional banks over fintech lenders

NCR

There’s been a lot of talk in the financial sector in recent years about the impact that non-traditional fintech players will have on the market. Some people believe that the emergence of this new breed of companies will be a threat to established banking institutions, while others see opportunities for innovation and cooperation.

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Card-Linking Transaction Loyalty Sees Surge

PYMNTS

Merchants and brands have poured more money into marketing and social media campaigns for card-linking, attracting more consumers. This, in turn, is bringing more payments and FinTech companies into the industry that are developing new, innovative platforms to widen card-linking’s appeal to even more consumers.”.

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The Future According To SoftBank

CB Insights

Meanwhile, the average deal size has decreased steadily in the past few years, and the firm is cutting checks to many first-time investments as it aims to diversify its portfolio and build out a wide-sweeping ecosystem of disruptive tech brands. SoftBank has invested in a number of different fintech and insurance companies.