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How Data Builds A Foundation For Commercial Bank/FinTech Collaboration

PYMNTS

The corporate expense management market doesn’t look like it once did. The commercial card and expense management market is yet another space in which collaboration between FIs and FinTechs has proved key to driving innovative tools – especially as corporates grow weary with the traditional legacy services their banks provide.

Fintech 187
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Watson Marketing Delivers a Competitive Edge that Financial Institutions can Bank On

Insights on Business

Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); Cognitive systems are pivotally helping banks enhance customer experiences, uncover new insights, and improve speed and quality of decisions.

Marketing 156
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The top lending & credit risk blogs of the year

Abrigo

You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." As 2023 winds down, community banks and credit unions have worked hard to attract new customers and members and retain existing ones by streamlining processes and improving the end-user experience.

Lending 221
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1 in 3 digital consumers globally embrace fintech offerings

NCR

A new study has revealed the extent to which consumers around the world are embracing emerging financial services providers, with one in three digitally-active citizens now using fintech solutions on a regular basis. In these countries, an average of 46 percent of survey respondents indicated they were engaged with the technology.

Fintech 56
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Geolocation Puts A Pin In Anti-Fraud Solutions

PYMNTS

Unlike the crypto markets, Wingert said the banking and payments industries continue to be slow to adapt to the challenges of KYC and fraud prevention. In fact, a recent GeoGuard survey found that U.S. Can you really know your customer if you don’t know their location?” Assumptions Of Readiness.

Fraud 270
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Why Drive, Not Size, Is Key To FI Innovation

PYMNTS

In fact, more than 40 percent of small banks aim to be first to market with their innovations, a twofold increase from 2017 that surpasses that of larger banks. Half of medium-sized FIs prefer to observe market trends before rolling out new innovations. We surveyed executives at more than 200 U.S. percent in 2017.

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To Improve Treasury Tech, Target The Developers

PYMNTS

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I In the U.K.,