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The New Lending Fintech Bonanza

Gonzobanker

OnDeck’s fire sale aside, recent deals at nCino, Black Knight and Ellie Mae are a shot in the arm to a market in need of some good news. 2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions. and Thomas H.

Lending 158
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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.

Fintech 191
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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

Jackie Berg, VP of marketing at Olo, said in an announcement , “Ordering lunch from the car with a push of a button — we’re living in the future!”. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? Google’s expertise is in UX design,” he noted. “By WWW Creator Tim Berners-Lee Shapes Web Rescue Strategy.

Security 130
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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.

Google 272
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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. LibreFinance is focused exclusively on the infrastructure and development needs for DFS.

UX 12
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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.

UX 12