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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. Half of global online transactions are expected to take place in Asia this year. By 2021, close to 90 million – or 86.5 Just under $3 billion – or $2.7

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Social Networks, Not Banks, Drive Fintech Innovation in China

CB Insights

Sign up to download the presentation and slides. The Chinese market has significant potential for consumer financial technology firms. Startups can leverage the massive amount of data that Chinese consumers share online … Continued. Missed out on the Future of Fintech conference?

Fintech 37
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What SMBs’ Cash-Flow Crisis Means For Fintech

CB Insights

Download the free report for all the details. Financially, these lending marketplaces may fare better in this environment, as they do not directly lend and, therefore, do not take on balance sheet risk. ONLINE PAYMENT PROCESSORS CAN BENEFIT. Pandemic or not, the move to online payments is already occurring.

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Beyond Mobile Banking, Giving (Alexa’s) Voice to Financial Lives, Naturally

PYMNTS

Ideally, those actions should run the gamut of transactions and financial services, across payments and cards. In an interview with PYMNTS, Domach said that “we are very early in the journey with voice technology, especially when it comes to final financial technology.”. People don’t speak in ‘press one,’” he said.

Mobile 124
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Sinemia Tries To Pick Up MoviePass’ Slack

PYMNTS

This is a financial technology business.”. A consumer who wants to use Sinemia downloads the company’s mobile app and buys a subscription package. The consumer then selects online the particular movie and showtime they want and gains entry to the theater by showing the ticket on their phone without any use of a physical card.

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The Non-Traditional Bank

Jack Henry

Providing a viable online and mobile solution has been the recent focus for most FIs fighting to compete. If there was an iBank app in the app store, I would download it and try it out. Banks and credit unions need to swiftly analyze the technology in the market today and how they are spending their technology budget.

Google 108
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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. The use cases are going to keep growing,” Giorgio said. .