article thumbnail

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. This tech is also aimed to serve as the challenger bank or “sidecar” core offering for the digital subsidiaries of community and regional banks.

article thumbnail

Kasasa Adds Incentives for Community Bank Credit Cards

Payments Source

Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Virtual Cards Can Live Up To Their Faster Payments Promise

PYMNTS

The creation of credit card infrastructure 60 years ago initially had the consumer in mind, but recent history has shown that investments in card technology are capturing a greater share of the B2B payments market. Leavitt says suppliers are indeed more difficult than buyers to convince of commercial cards’ value proposition.

Cards 132
article thumbnail

Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

Are community banks missing the chance to climb aboard the faster payments train? The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies.

article thumbnail

More Bank-Fintech Partnerships Emerge as Groups Embrace Digital

Banking Exchange

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

Fintech 78
article thumbnail

New Greenlight Financial Round Pushes Valuation Past $1.2B

PYMNTS

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. Families can have up to five cards for children and they include features such as automatic funding of allowances, according to Greenlight’s website.

Atlanta 140
article thumbnail

AeroPay Introduces Digital Payment Solutions For Cannabis Businesses

PYMNTS

Daniel Muller , CEO and founder of AeroPay, said in the release that he hopes the tech will boost the long-underserved cannabis B2B community. “What makes us unique is we are a traditional financial technology company that also services cannabis businesses,” he said, according to the release.

Payments 185