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But I Really Like My Technology Vendor!

Gonzobanker

In a recent survey of banks and credit unions about their technology vendor contracts, Cornerstone Advisors found that more than half of these financial institutions allow emotional factors to influence their negotiation processes. Technology Vendor Financials Tell the Story. Download it here.

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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

You can download and listen to this interview if you prefer] This isn’t your first startup. And it gave me this grounding in how money works, how FinTech, financial technology works, and sort of, how money moves around the world…I worked for a dating website for a year, after I left GoCardless, which was amazing fun.

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GFT Advances in 2022 IDC FinTech Rankings

Bobsguide

Banks are depending on the cloud to build better systems for the future, but legacy technology is holding 62% of them back. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

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NEW REPORT: How Banks Are Driving API-First Strategies

PYMNTS

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. To read the story, download the latest Tracker. . contact-form-7] About the Tracker.

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Bankers On Fixing B2B Payments API Flaws

PYMNTS

Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments.

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William Mills Agency Issues Bankers as Buyers Report Which Explores Technology Decisions and Forces Impacting Innovation in 2018

William Mills

Key areas of focus include:1) the impending war for talent; 2) shift to back-office or banker technologies; 3) gap in resources between large and small financial institutions; and 4) how service professionals could be the big winner this year. Please download the full report [link]. Branch Technologies. Talent Wars.

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TD Bank App Curbs Consumer Spending

PYMNTS

million mobile banking customers in Canada have downloaded the TD MySpend app since April, Khalfan said. About 30 percent of those who did download the app went on to use it — and clocked monthly savings in the 4 percent to 8 percent range. . “We were not expecting this.”