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Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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How to Establish Quality Fintech Partnerships

Abrigo

DOWNLOAD WHITEPAPER . Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . It’s great that more financial institutions are welcoming technological innovations, but banks and credit unions must consider the long-term impact of their partnerships.

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The Problems And Promise For SMB Fintech Lending

PYMNTS

Access to capital is the first, last and constant problem that small businesses experience in the day-to-day course of doing business. That is the opportunity that FinTech has: What we have to do as an industry is find innovative ways to serve small businesses and give access where access is lacking,” said Okeshola.

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Ant Financial Acquires Minority Stake In Klarna

PYMNTS

Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia. Ant Financial is China’s biggest firm in the $27 trillion Chinese payments market and is expanding into consumer lending. The app has been downloaded over 200,000 times more than its closest U.S.rival.

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NEW REPORT: How Banks Are Driving API-First Strategies

PYMNTS

To help SMBs overcome their fears and expand their global reach, Payoneer and UPS Capital have announced a new service for the latter’s SMB customers, a soluion which helps them process B2B transactions through a licensed escrow service. APIs invite innovative changes to banking. To read the story, download the latest Tracker. .

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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

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Q&A: The Next Leg Of Fintech Innovation

CB Insights

Our recent webinar — The State of Fintech Q2 2020: Funding Rebound Reveals the Next Leg of Fintech Innovation — highlighted key fintech trends and deals from the second quarter of 2020, including the rise of embedded fintech applications and demand for digital banking services. Free Download: State of Fintech q2’20.

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