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The Impact of Technology on Banking: Revolution or Evolution?

Bank Innovation

All that is changing due to emerging technologies. The banking industry is facing many unprecedented challenges due to the rise of financial technology companies. Industry-leading operators, as well as ambitious startups in the banking scene, […].

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Why P2P Could Soon Play A Leading Role In Middle East FinTech

PYMNTS

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets.

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Ireland Boosts FinTech Development Efforts

PYMNTS

The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. The Times reported late last week that initiatives include a “FinTech foresight” group that will bring together various stakeholders across financial technology and multinational companies.

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Google Play Store Nixes Payday Loan Apps

PYMNTS

CEO Mary Jackson of Online Lenders Alliance told the WSJ that payday loan practices were allowed, and that the ban hurts “legitimate operators,” as well as customers looking for “legal loans.” Among the lenders affected by the new restriction is CURO Financial Technology Corp. On Thursday (Oct.

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Go-Jek To Grow Thailand Food Delivery Business

PYMNTS

The tie-up with the bank is said to let Go-Jek bring SCB’s products in payments, insurance and digital lending to its apps in the months to come. It was also noted that customers, merchants and drivers will have additional access to bank products such as small business lending as well as insurance.

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Getting Mobile Ready

Independent Banker

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies.

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Small Biz FinTech Leads End-Of-Summer B2B VC

PYMNTS

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far.

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