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The Financial Technologies SMEs Aren’t Using

PYMNTS

Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

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 FinTech Collaborations and Frameworks Gain Steam in Asia

PYMNTS

As the site reported, the plan states that stronger FinTech risk controls should be in place, and adds that FinTech can help improve the quality of financial services through the country.

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Linking Cross-Border B2B Payments Across Cloud Platforms

PYMNTS

After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? That process isn’t only a challenge, but it’s becoming unacceptable for SMEs that are looking to operate and transact as easily as consumers do, Galit added.

Payments 189
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Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief

PYMNTS

The company does not traditionally offer loan origination software for banks, but with its digital account opening capabilities already in place, the FinTech was able to wield its technology to facilitate the PPP lending process for FIs. Both categories stand to gain from automated financial technologies.

Fintech 166
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What Can Banks Learn From The FinTechs?

Insights on Business

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. This will help maximize the impact and value for both topline growth and bottom-line optimization.

Fintech 132
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Fighting Digital with Digital

Independent Banker

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. a community bank operating and software services firm in Wilmington, N.C.

article thumbnail

What Can Banks Learn From The FinTechs?

Insights on Business

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. This will help maximize the impact and value for both topline growth and bottom-line optimization.

Fintech 93