Remove Fintech Remove Lending Remove Mobile Remove User Experience
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Can FinTech Walk The FinTalk?

PYMNTS

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Marketplace lending. Marketplace Lending.

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Legacy FIs Losing Sight Of SMB Data Must Step Up With Digital Agility

PYMNTS

Small and medium-sized businesses (SMBs) got their clocks cleaned by the pandemic, and turning to their traditional lending sources, they’ve encountered sclerotic systems and outdated policies not conceived for the needs of the recovering Main Street merchants of 2021. We no longer go to the bank,” Potter told PYMNTS. We're not connected.

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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens. The entrance of non-bank FinTechs and alternative lenders, too, is adding new pressures on traditional FIs to up their digital games.

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How To Better Served The Unbanked In Nigeria

PYMNTS

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. Nigerian banks don’t like to lend,” Hainy said. That’s not all. So that’s our starting point.”.

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Where Credit Unions Invest To Get The Best ROI

PYMNTS

Most CUs strive to delive r a simple, personalized user experience. This means providing solutions that enhance the banking experience regardless of which channel members use to interact with the CU. Auto lending is also getting an upgrade in the CU market.

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Open Banking Can Scale With Incentives And API Aggregation

PYMNTS

Instant collections from bank accounts via open banking rails provides a significantly lower cost alternative to cards for eCommerce merchants, as an example, and hence merchants can use incentive options at their disposal as one way to promote user adoption. You need incentives to swallow up the slightly clunky user experience,” she said.

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Toss Raises $40M In New Round Of VC Funding

PYMNTS

Viva Republica, Korea’s FinTech startup and maker of financial services app Toss , announced Monday (June 18) it has completed a $40 million round of funding raising. That, according to the company, makes it easy for users to manage all the different facets of their daily financial lives.