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How to Establish Quality Fintech Partnerships

Abrigo

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. .

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In Brazil, Banking Customers Turn To Debit, Digital Banking

PYMNTS

These shifts have made digital banking and debit transactions more important than ever. The Next-Gen Debit TrackerĀ® explores how the COVID-19 outbreak is impacting commerce and banking, as well as accelerating uptake of digital services and payment tools. Pandemic Puts Digital Banking in the Spotlight.

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Banking Innovation Enters New Era; Consolidation Now The Rule

PYMNTS

What makes the current developments so interesting and exciting is that ā€œwe're just seeing that they're at the end of the innovation growth cycle,ā€ he explained. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

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How Banks Can Tap Trust As Their Foundation For Innovation

PYMNTS

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market ā€“ and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue. Baird said. ā€œAs

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InstaReM CEO On Why They Want A Digital Banking License

PYMNTS

And the question of how to build a workable and innovative model in the developing world is one that has been on Nanuā€™s mind a lot ā€“ though for rather different reasons than it has been on Facebookā€™s. They want us to focus on true innovation.ā€. Building Real Innovation for Real Gaps. The Wider Future.

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Why FinTech start-ups think they can beat the banks

Chris Skinner

Thereā€™s an old joke about the guy whoā€™s lost driving in the countryside who stops to ask a pedestrian how to get to the city. The pedestrian replies: ā€œoh, if you want to get there, I wouldnā€™t start from hereā€, and this is exactly how banks feel today. Not bad for a six-year-old start-up.

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For Credit Unions: Trust, But Innovate

PYMNTS

At the end of the day, he noted, trust is the critical element at credit unions, and the main differentiator between credit union customers and other banking customers. Itā€™s a statement borne out by the new Credit Union Innovation Playbook , a PYMNTS/ PSCU collaboration. That is, if they choose the right FinTech.