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South Korea FinTech Gets Initial Approval For Online Bank

PYMNTS

South Korean FinTech startup Viva Republica , creator of the financial services platform Toss, was granted preliminary approval for a digital banking license from the Financial Services Commission of Korea , a Monday (Dec. Since its launch in 2015, Toss has become the only FinTech unicorn in Korea. 16) press release indicated.

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How FinTech Apps Can Ace Security

PYMNTS

In this month’s feature story Nicolas Dinh, chief operating officer of a year-old money management and payment app provider STACK explained how startups can keep customers safe and prove their security abilities. To read the full story, download the Tracker. Deep Dive: How FinTechs, FIs Can Arm Up Against Fraud.

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How APIs Are Fostering Collaboration Between FinTechs And Banks

PYMNTS

Banks and FinTech companies have a complicated history. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ territories. Why the tension?

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Commander In Chief: Mitek Systems’ CEO Innovation Download

PYMNTS

FinTechs that want to successfully innovate in the payments space need to make sure they’re focused on the market, its needs and its pain points — and make sure their technologies are true painkillers that solve these problems. However, these requirements can also make operations more challenging for businesses.

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Top 10 Benefits of Automating Closing Documents

In the fiercely competitive landscape of commercial lending, where FinTech's digital transformation initiatives take center stage, the complexities of loan documentation are constantly evolving. Download this eBook to explore the benefits!

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Bank Top Lines At Risk Amid FinTech Boon?

PYMNTS

A report earlier this month from Accenture has estimated that the range of financial sector upstarts — from challenger banks to FinTech firms, to new tech firms coming into financial services — will disrupt top-line growth for entrenched financial institutions (FIs). For banks, the landscape is getting crowded.

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GFT Advances in 2022 IDC FinTech Rankings

Bobsguide

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. 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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