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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. SoFi does not want to be a traditional bank outsourcer. Navigating the Bank Tech Ecosystems of Today and Tomorrow?

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The Fiserv-First Data Merger Is Complete

PYMNTS

At the time the transaction was announced, the companies said users would benefit from a “highly complementary combination” that offers a range of payments and financial services, spanning account processing and digital banking, integrated payments and the Clover POS system, among other products and services.

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Hong Kong Permits Virtual Banks in Test to Traditional Lenders

Bank Innovation

Hong Kong’s traditional banks are set to face one of their biggest challenges yet: a new breed of financial technology firms estimated to snare as much as 30% of their revenue.

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What Can Banks Learn From The FinTechs?

Insights on Business

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? Examples include Lending Club and Zopa in lending, Nutmeg and Weathfront in Wealth Management; WePay and Stripe for Payments.

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The BaaS Gold Rush is On

Gonzobanker

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. As the gold rush period shakes out, Cornerstone predicts only one in five banks will have a strong enough I.T. More importantly, BaaS banks will need an I.T.

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What Can Banks Learn From The FinTechs?

Insights on Business

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? Examples include Lending Club and Zopa in lending, Nutmeg and Weathfront in Wealth Management; WePay and Stripe for Payments.

Fintech 93
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The year in IBM FinTech

Insights on Business

Applications such as expedited cross-border payments and trade settlements are not only expedited via blockchain, but have a higher level of security not seen previously, while lowering operating and man-hour expenses. Some even say that blockchain will be the most influential FinTech technology of 2018. Banking the unbanked in India”.

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