Remove Data Remove Financial Technology Remove Regional Remove UX
article thumbnail

Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

Regional players like BankUnited have even smaller market caps (at about $2 billion). The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters. With the $14.5 Chime earns revenue from debit card transaction fees paid by merchants.

article thumbnail

It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. team focused on UX, data, integration, and risk. Bankers shouldn’t feel smug merely pointing the finger at vendors. team for the next decade. Mandate #3: Build a next-gen I.T.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

Regional players like BankUnited have even smaller market caps (at about $2 billion). The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters. With the $14.5 Chime earns revenue from debit card transaction fees paid by merchants.

article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

Every data point is showing the average square footage of new office leases going way down, and some prognosticators think this could mean hundreds of billions of dollars of valuation losses. The Smarter Bank Data Award. CuneXus is not trying to be everything data – it’s just working to solve a problem and it does the job very well.

Community 216
article thumbnail

Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Data: Chatbots are best at dealing with structured but limited corpora of information. Autonomous therapy bot Woebot, for instance, can pick up data about users’ specific needs, and over time use that information to offer a more personalized service. Crafting a simple UX for a personal finance app is a tall order.