Remove Digital Banking Remove Leadership Remove Lending Remove Mobile
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Digital Bank Chime Suffers Outage Affecting 5M Customers

PYMNTS

Chime has described its target market as a younger demographic whose income ranges from $35,000 to $70,000 a year, who don’t want to pay the fees charged by larger brick and mortar banks, and are more likely to take their chances on a startup. “We In the interim, we’ve been proactively communicating real-time updates with our members.”.

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Q2 to Acquire Cloud Lending. So What?

Gonzobanker

The mashup of transactional digital banking and digital sales is well under way in the market, as is evidenced by Friday’s announcement by Q2 of its intent to acquire Cloud Lending Solutions. What’s a little more interesting here is Cloud Lending’s offerings address commercial as well as consumer.

Lending 68
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Vista Looks To Sell Huge Stake In Finastra FinTech

PYMNTS

FinTechs in Europe have been experiencing a rise in value as many investors look for alternatives to run-of-the-mill, brick-and-mortar banks. Digital banks are generally seen as more attractive, as they are no longer struggling to find a solid foothold after the financial crisis a decade ago. based customers.

Fintech 197
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Content and the Race to Stay Relevant in a Socially Distant World

Gonzobanker

In a recent poll, Cornerstone Advisors learned that most bank and credit union executives are not confident they are creating the kind of knowledgeable and actionable content today’s self-directed, mobile-first buyers demand. There are over two dozen digital banking and origination providers in the market.

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The Finanser’s Week: 17th April – 23rd April 2017

Chris Skinner

A summary of the main blogs of the week … Arguing with a banker … A banker and I were talking about the function of a bank.

America 184
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Future of Customer Experience in Digital Banking

Banking 2020

Digital banks are no longer in the ‘money’ business but rather, in the ‘value’ business. Unlike in the past, when more than two products from one bank made a customer loyal, customer behavior is fleeting and their expectations for digital banking is increasing every day, because technology is giving them numerous choices and control.

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

Colombian alternative small business lending platform Sempli announced $8 million in funding this week from Oikocredit and Incofin CVSO, according to a press release. Operating in Nigeria and headquartered in France, FairMoney targets small businesses with its mobile app using smartphone data to facilitate SMB loans.

Payments 149