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The Bank-FinTech Collaboration Model Goes Global

PYMNTS

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. ICICI Adds AlignBooks Technology. National Australia Bank Chooses Eedenbull. BNL Goes Live With Tink.

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How does MiFID II and FinTech work?

Chris Skinner

I don’t blog about this much these days, as my audience is firmly in the retail and payments technology space, but I still keep close track of the investment markets, clearing and settlement, … The post How does MiFID II and FinTech work? appeared first on Chris Skinner's blog.

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The Bank-FinTech Tie-Up Evolves

PYMNTS

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Airwallex Taps Deutsche Bank.

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UK Retail Banks Draft FinTech Alliance Guidelines

PYMNTS

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). The new guidelines, developed by the British Standards Institute (BSI), aim to address issues that interfere with FinTech firms and banks forming alliances.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Powering Retail Livestreaming, Banking With Digital Technology

PYMNTS

72%: Increase in FinTech app usage in Q1 2020. And in banking, the pandemic has transformed how a sizable share of clients interact with their financial institutions , with one major bank seeing a spike in daily mobile check deposits. All this, Today in Data. 10: Number of categories of livestreaming shows on Popshop. $3M:

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The FinTech Wave, Part One

Chris Skinner

Apparently, people like it and here I’m going to expand upon the basic theme to give a detailed analysis of how FinTech wings are spreading. There’s been a lot of talk about fintech lately. It is no longer this big bucket of finance and technology. It is no longer this big bucket of finance and technology.

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