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BankMobile Is One Of Six New FIs To Offer Smart Digital Bank Accounts Via Google Pay

PYMNTS

BankMobile, BBVA USA, BMO Harris, The Coastal Community Bank, First Independence Bank (a federally designated minority depository institution) and SEFCU will join Citi and Stanford Federal Credit Union in the offering beginning next year. “We 3) in announcing the bank’s agreement with Google. .

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Can FinTech Walk The FinTalk?

PYMNTS

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. Digital Banks.

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Why getting digital banking right could prove vital in the Gulf

NCR

.” As brands seek to build up and maintain a loyal customer base in this congested region, one goal that could prove to be more significant than any other (at least as far as customer experience is concerned) is getting digital banking right. Digital demands. Image: mdgomes via iStock.

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How To Better Served The Unbanked In Nigeria

PYMNTS

FairMoney recently raised $11 million in venture capital funding in a Series A round led by Flourish, a venture of The Omidyar Group, with DST Global and existing backers Newfund, Speedinvest and Le Studio VC also participating. There is no Pan-African digital bank,” Hainy said. “So Services Growth. That’s not all.

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Why Drive, Not Size, Is Key To FI Innovation

PYMNTS

The report analyzed a wide range of metrics, such as investment in innovation, on-time performance and new product development for three groups of FIs: small banks (with less than $500 million in assets), medium FIs (with $500 million to $25 billion) and large FIs (with more than $25 billion). percent in 2017.

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Open Banking Can Scale With Incentives And API Aggregation

PYMNTS

Instant collections from bank accounts via open banking rails provides a significantly lower cost alternative to cards for eCommerce merchants, as an example, and hence merchants can use incentive options at their disposal as one way to promote user adoption. Open Banking standards, STET in France, Berlin Group standard.”.

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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.