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Why The Bank-FinTech Relationship Is More Complicated Than Conflicted

PYMNTS

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The subject? Trust in Banks.

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Why Legacy Banks Have Mobile App Advantages

PYMNTS

Translating that trust advantage into mobile market share, however, is another matter entirely, as was discussed in a recent PYMNTS interview with Gerhard Oosthuizen, chief technology officer for Entersekt , a South Africa-based FinTech firm that focuses on mobile authentication and app security software. Good UX vs. Security.

Mobile 184
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Top News In Payments: Paytm Secures $1B In New Funding; Olo Pilots BMW In-Car Ordering

PYMNTS

In a feature story, Rich Wessels, treasurer for transportation management and logistics firm Transplace explains the “chicken-and-egg” dilemma logistics firms face when looking at the potential benefits of AP automation. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

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Wells Fargo’s Greenhouse has UX issues to overcome ahead of national rollout

Fintech Labs Insights

Perhaps because it’s in a limited trial, the app is NOT currently visible within Wells Fargo’s main website, even after setting a location in an area where the trial is active. It also demonstrates the UX disconnect often found at large enterprises. Notes: PFM stands for personal financial management. Related: UX Tips: U.S.

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

PYMNTS

Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. That was one of the main messages from a recent PYMNTS discussion featuring Karen Webster and Vaduvur Bharghavan (he goes by VB), the president and CEO of Ondot Systems.

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FinDEVr Preview: Mifos Initiative

Fintech Labs Insights

Mifos Initiative will present the architectural concept of LibreFinance , an open source application framework for digital financial services, highlighting the two main concepts: Account Management and Transaction Interoperability. Why it’s a must-see: This innovative application framework is built by developers for developers.

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FinDEVr Live: Mifos Presents an Open Source Application Framework for Digital Financial Services

Fintech Labs Insights

. “ LibreFinance – Rapid Application Development for Digital Financial Services: We will present the architectural concept of LibreFinance, an Open Source Application Framework for digital financial services, highlighting the two main use cases: Account Management and Transaction Interoperability. Presenters. mgeiss@mifos.org.

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