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UX Design is Next Big Hurdle for Banks, Vested Ventures Says

Bank Innovation

To move forward, financial institutions are going to have to take a closer look at the user experience, Eric Hazard, CEO for fintech venture capital […]. EXCLUSIVE— With the help of APIs and other technologies, U.S.

UX 306
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How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

Fintech 211
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FinTech Startup Qupital Raises $15M For Chinese Expansion

PYMNTS

FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund ( CEFIF ). We look forward to working with Qupital to broaden its source of capital base and create unparalleled investment opportunities for CreditEase.

Fintech 123
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Brex Notches $150M To Advance Expense Management Tools

PYMNTS

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in a statement on Tuesday (May 19). The new location has a 40-person workforce and will focus on software engineering and user experience processes. .

Tools 142
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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

Over the years, that surge in competition gave way to a more collaborative spirit between traditional financial institutions (FIs) and FinTechs as both sides worked to digitize and modernize SMB financing. In Canada, one of those alternative players is Thinking Capital. Flexible Technology. The SMB lending space is evolving rapidly.

Lending 289
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SMB Funding Embraces The Open Banking Way

PYMNTS

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Visa Launches FinTech Collaboration Initiative In Europe. Poland's mBank Taps Treasury Pricing FinTech.

Fintech 220
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How Data Builds A Foundation For Commercial Bank/FinTech Collaboration

PYMNTS

The commercial card and expense management market is yet another space in which collaboration between FIs and FinTechs has proved key to driving innovative tools – especially as corporates grow weary with the traditional legacy services their banks provide.

Fintech 187