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How Opening Bank Data Can Transform SMB Lending

PYMNTS

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S. .

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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

It also opened the door for a boom of FinTech innovation and a flood of alternative lenders targeting the small- to medium-sized business (SMB) segment. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom. ” A Banking Pullback? The More Things Change.

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App Store Approach Helps Banks Manage Partners, Speed Digital Transformation

PYMNTS

In the bid to hasten their digital transformation, when it comes to innovation , financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. PYMNTS’ own research has found that consumers are more willing than ever to switch banks in pursuit of better apps and user experiences.

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Cashfree Targets India’s Lenders With Disbursement API

PYMNTS

Cashfree , one of India’s biggest business payments platforms, has announced that it has launched a new suite of payment products aimed at lending companies and non-banking financial companies (NBFCs), to facilitate easier loan disbursals across all platforms, according to a press release.

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Finastra Reimagines Originations With Fusion Credit Connect Rollout

PYMNTS

The company said in an announcement that business lending end users are able to have an enhanced customer experience throughout the entire time of securing as well as drawing down on a loan.

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Getting Started On Embedded Finance

Perficient

Getting Your Company Started With Embedded Finance . Whether with the assistance of an experienced digital experience consultant such as Perficient or by themselves, one looking to implement embedded finance must finalize a strategy that analyzes the digital needs of their company and its clients. Conclusion .

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Why Openness Is Critical to the Future of Banking

Jack Henry

As we speak, tech behemoths like Google and Amazon continue to take an innovative approach to customer engagement and expansion. A Celent report even notes that Amazon has been recently negotiating with big banks to launch a checking account, and the company has also formed a mortgage lending unit. *.