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SMB Funding Embraces The Open Banking Way

PYMNTS

The Financial Stability Board this month issued a warning for financial institutions (FIs) that outsource key technologies and functions, warning of " systemic risk " associated with too much reliance on a third-party partner. Visa Launches FinTech Collaboration Initiative In Europe.

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Uncovering The Value Proposition In FinTech Innovation

PYMNTS

Just because businesses are interested and willing to adopt payments innovations doesn’t mean it’s going to happen. Other key players in the adoption curve include government entities and financial institutions, says Bottomline Technologies Managing Director of Digital Banking Norm DeLuca. We do a lot of business in the U.K.

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Visa, Wave Team To Bring Instant Payouts To Micropreneurs

PYMNTS

The Wave financial technology platform, he said, at base, is designed to handle the bookkeeping and tax complexities for its micro-merchant customers as they generate invoices and collect funds. That is the reality of what customers want in terms of user experience.”. That is a game-changer for the little guy.”.

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Fintech challengers – a threat or an opportunity?

NCR

The disruption caused recently by the emergence of a wide range of new financial technology (Fintech) players has been a huge jolt for the banking sector, and reminded traditional players that they cannot afford to be complacent in the face of these competitors. ” An effective approach?

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Evolution through digital reinvention in banking

Insights on Business

Today’s banking systems evolved from the first merchants bartering and carrying goods between early villages and towns. Our most closely related banking systems evolved in medieval and Renaissance Italy where banking branches were established throughout Europe. The Banker Technology Projects of the Year Awards 2017.” The Banker.

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Fenergo Brings its Client Lifecycle Management Innovations to ABN AMRO

Fintech Labs Insights

ABN AMRO is the third-largest bank in the Netherlands and will use the technology to support its CDD/KYC processes in specific, and the bank’s broader “business transformation strategy” in general. “Fenergo is the technology platform that will underpin this initiative.”

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Finovate Talks Payment API Security with John Canfield, VP of Risk for WePay

Fintech Labs Insights

The company provides payments services with flexibility and user experience control that platforms seek. We’ve also structured our systems so that we can deploy new learning immediately. Are you building new financial technology? WePay focuses on helping platforms with their payments.