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The New Lending Fintech Bonanza

Gonzobanker

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 the industry’s two largest fintech providers, FIS and Fiserv, reported organic revenue declines largely due to economic impact to the payments market.

Lending 158
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REPORT: Payment Tech Tops FIs’ Innovation Agendas

PYMNTS

A significant share of FIs will turn their focus in a different direction, however, to user experience (UX) — how users interface with banking products and features. percent of bottom performers will invest in UX. To learn more about the motives and strategies behind FIs’ evolving innovation priorities, download the report.

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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. So far, at least, global banks are holding up, based on their most recent reporting periods,” the article says.

Fintech 191
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CFPB seeking to hire technologists

CFPB Monitor

The CFPB is seeking experts in data science, software engineering, product design, product management, and user experience (UX). Design & UX: Use expertise to help the CFPB understand how certain UX techniques can be harmful to consumers.

UX 78
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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.

Cards 71
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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. billion, as CNBC reported. As reported by PYMNTS in late June, Chime debuted its Chime Credit Builder Visa Credit Card, which lets users transfer funds to a secured account (which effectively limits what can be spent).

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1M Users & Growing: 20+ Fintech Startups That Have Crossed The 1 Million Account Mark — And How They Got There

CB Insights

get the building the bank of the future report. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. This list includes venture-backed fintech startups that have reported account numbers publicly in the media or via company press releases.

Fintech 64