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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. The post Core Unicorn Deals Rattling the Future of Financial Technology appeared first on Gonzobanker.

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FinTech Revolut’s Losses Triple As Customer Base Grows

PYMNTS

Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. Other investors included Menlo Park, California-based TCV and Index Ventures , the global venture capital firm with dual headquarters in San Francisco and London, along with half a dozen others. million (£106.5

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The Future Of Payments Beyond The Pandemic

PYMNTS

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce.

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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C.

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Why modernization is important in retail banking

NCR

‘If it ain’t broke, don’t fix it’, so the saying goes, but this approach could be risky as other banks may be embracing the wider changes in financial technology as they look to innovate and grow. “To be innovative, you cannot be afraid to obsolete your own products,” wrote Mr Kalb.

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A Deep Dive into the Upcoming FinDEVr Silicon Valley 2016

Fintech Labs Insights

By sharing more about the backgrounds and inspirations that help drive our FinDEVr presenters, we hope our slideshow below provides insights into what our industry’s brightest talents are working on now, as well as a preview of where financial technology may be headed in the years to come. Click image to view slideshow.

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Blackhawk Network Acquires Grass Roots for $118 Million

Fintech Labs Insights

The California-based company has agreed to acquire Grass Roots, an employee and customer engagement solutions company, for $118 million. Founded in 2001, Blackhawk went public in 2013 (NASDAQ: HAWK) and is one of 49 companies listed on the KBW Nasdaq Financial Technology Index.