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Fifth Third’s Fintech Efforts Seen Generating $100 Million of Annual Revenue

Bank Innovation

PREMIUM - The digital and innovation strategy behind Fifth Third, one the largest regional banks in the country, is simple: build, buy, partner. That strategy has worked well for the bank.The company told Bank Innovation that it has invested $100 million in fintech over the past 22 months and that it expects to make about […].

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2018 Recap: B2B Payments Innovation Welcomes Bank-FinTech Collabs — And Beyond

PYMNTS

Though FinTech has, in many ways, heated up the competition with banks, traditional financial institutions (FIs) widely began to realize in 2018 that their best strategy to remain competitive in today’s financial services landscape is often to collaborate with (not against) those FinTech firms. Square Links Up With Handshake.

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Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs

PYMNTS

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards.

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FinTech MatchMove To Acquire Stake In eCommerce Firm Shopmatic

PYMNTS

FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. Shopmatic said it helps business owners increase their sales by accessing new markets through online channels and point-of-sale solutions. Financial details of the acquisition were not disclosed.

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Wirecard Maps Out The True Path To Innovation

PYMNTS

It’s one thing to want to improve or innovate. What’s harder — and what really makes the difference — is figuring how, where and when to innovate, a task that must take into account various factors and even wildcards that keep popping up in the growing and global digital economy and its various ecosystems. FinTech Partnerships.

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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. That doesn’t mean it’s been easy. But in a new PYMNTS interview on Tuesday (Dec. But that’s not all. “We

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Fintech In Mexico: 80+ Startups Bringing Financial Innovation To The Region

CB Insights

Like much of Latin America, Mexico is seeing an uptick in financial innovation — especially around digital payments. Built by central bank Banco de México, CoDi will allow customers to make payments online and in person through smartphones free of charge using QR codes. Want the full expert post?