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Charles Potts: Opportunities in the fintech landscape

Independent Banker

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. For community banks that have yet to start evaluating digital solutions and providers, now is the time to act. Seize the moment to explore innovation.

Fintech 126
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Mastercard, EedenBull Extend Into Asia Pacific

PYMNTS

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

Fintech 248
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37 Corporate Innovation Labs In Finance

CB Insights

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. Visa — One Market Center. Founded: 2013.

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How Synchrony Financial Is Upgrading Its AML Strategy

PYMNTS

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks.

Strategy 123
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Wipro Launches Open Banking API Platform

PYMNTS

Open Banking is disrupting the banking industry with new business models and an open innovation culture. Our platform is well-poised to enable banks [to] embark on their Open Banking journey,” said Krishnakumar N Menon, VP of service transformation at Wipro Limited, in a press release.

Industry 191
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LendingClub’s New LCX Platform Offers Same-Day Loan Settlement

PYMNTS

“LCX joins other LendingClub innovations such as CLUB Certificates and the Select Plus Platform to offer new industry-leading products that meet the needs of our growing and diverse investor base.” LendingClub said this is an improvement in how consumer loans have historically been done.

Capital 100
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Wirecard Expands Partnership With RBL Bank

PYMNTS

Wirecard, the digital financial technology company announced on Wednesday (April 24) that it has expanded a partnership with RBL Bank to promote financial inclusion in India. Shareholders of Wirecard have to sign off on the deal at the company’s annual shareholders meeting on June 18.

Retail 123