Bank Innovation

APRIL 11, 2016

Investors see a sunny future for marketplace lending, according to a survey released today by Richards Kibbe & Orbe LLP (RKO) and Wharton Fintech. The results of the survey, titled 2016 Survey of U.S. Marketplace Lending, show that half of investors surveyed have capital allocated for marketplace lending.

Survey 150

Survey Lending Capital Fintech 150

PYMNTS

OCTOBER 17, 2018

Corporate treasurers have said they’re interested in a slew of cutting-edge FinTech solutions that experts believe will disrupt financial business management. These professionals widely agreed that positive disruption is on the horizon as a result of FinTech.

Fintech 177

Fintech Survey Analytics Tools 177

Gonzobanker

JULY 21, 2021

In a recent survey of banks and credit unions about their technology vendor contracts, Cornerstone Advisors found that more than half of these financial institutions allow emotional factors to influence their negotiation processes. Technology Vendor Financials Tell the Story. The post But I Really Like My Technology Vendor!

Technology 158

Technology Comparison Survey Financial Technology 158

Chris Skinner

OCTOBER 12, 2017

All well and good, you would think, but several surveys point to it not being … The post Don’t be so blasé about people loving FinTech appeared first on Chris Skinner's blog. I find it interesting as we move towards Open Banking and Open APIs through regulations at both the UK and EU levels.

Fintech 258

Fintech Survey Regulation Data 258

ABA Community Banking

DECEMBER 29, 2020

What venture capital sees when it surveys the bank tech landscape. The post Banks Get Smart on Fintech appeared first on ABA Banking Journal.

Fintech 140

Fintech Survey Capital Community Bank 140

PYMNTS

NOVEMBER 14, 2017

A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use. Researchers announced East & Partners’ new report, “Financial Technology and the Corporate,” on Monday (Nov.

Tools 179

Tools Fintech Survey Analysis 179

Banking Exchange

JUNE 2, 2021

JD Power’s survey reveals high satisfaction with traditional banks that have moved into digital The Economy Technology Financial Trends Feature3 Fintech Feature Retail Banking Covid19.

Fintech 78

Fintech Lending Survey Trends 78

PYMNTS

JULY 7, 2020

Linville said a few principles stand tried and true when gauging innovation in technology and financial services — and that those took root well before the pandemic hit. He said banks have a leg up on FinTech startups that might find their funding pulled back. What FinTechs And Neobanks Should Do Here.

Fintech 223

Fintech Innovation Software Technology 223

PYMNTS

NOVEMBER 7, 2018

A new report from Harvard Business Review Analytic Services and Capital One surveyed businesses with revenues between $25 million and $2 billion to explore how they’re embracing electronic B2B payments — and what’s holding them back from making progress. “It’s not all or nothing.

Survey 145

Survey Capital Marketing Payments 145

PYMNTS

FEBRUARY 23, 2017

Banks and FinTechs are going in on blockchain technology , as two separate reports released earlier this month conclude. Analysis from Corporate Insight and Infosys Finacle say banks and FinTechs are readying increased involvement and investment in distributed ledger technologies.

Fintech 115

Fintech blockchain Survey Technology 115

PYMNTS

OCTOBER 22, 2019

It advises that financial institutions should turn to outsourcing and technology before the economy slows down. FinTech startups and tech giants are bringing new competition and banks risk “becoming footnotes to history” as regulations ease, making it easier for companies to offer financial services. Amazon in the U.S.

Survey 101

Survey Fintech Innovation Report 101

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Competitive Disruption.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

DECEMBER 27, 2016

A new survey from the group published earlier this month found that 83 percent of treasurers are gearing up to upgrade existing technologies, or implement entirely new ones, in the coming year. In addition, regulatory initiatives are driving financial inclusion, competition and infrastructure improvements.”.

Innovation 182

Innovation Fintech Capital Survey 182

Gonzobanker

FEBRUARY 19, 2020

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. based mid-size banks and credit unions are prioritizing their technology initiatives and spending.

Strategy 140

Strategy Fintech Study Customer Experience 140

PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Only 13 percent say they’re willing to jump on the innovation bandwagon.

Financial Technology 127

Financial Technology Technology social media Taxes 127

Payments Dive

JUNE 6, 2018

A new survey commissioned by Transaction Network Services explores attitudes among US, UK and Australian adults to the use of new technology when making payments at unattended terminals. Find out how many use wearables and digital wallets at unattended POS terminals, such as kiosks, vending machines, meters and more.

Survey 262

Survey Payments Mobile Fintech 262

Perficient

APRIL 20, 2023

The Landscape According to Forbes Advisor: 2022 Digital Banking Survey , as of 2022, 78% of adults in the U.S. However, it’s not always obvious which of the many potential technology vendors and implementation partners will best drive an organization’s desired business goals. prefer to bank via a mobile app or website.

Marketing 294

Marketing Marketing Strategies social media Strategy 294

PYMNTS

APRIL 1, 2020

A new survey from Alignable via its Weekly Pulse Poll found that more than one-third of SMBs said they are struggling to keep their doors open and have less than one month before they run out of cash. The B2B FinTech ecosystem seems to agree. Small- to medium-sized businesses (SMBs) are struggling to stay afloat. In the U.K.,

Fintech 168

Fintech Capital Lending Technology 168

PYMNTS

SEPTEMBER 18, 2018

TD Bank is announcing a FinTech collaboration today (Sept. The bank said it is integrating Paymode-X technology from Bottomline Technologies into its corporate banking offering. ” This is TD Bank’s latest FinTech collaboration targeting the corporate segment. 18) to enhance its corporate payment offerings.

Fintech 155

Fintech Payments Tools Survey 155

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

Fintech Payments Meeting Capital 144

Abrigo

JANUARY 25, 2022

Takeaway 2 Look for signs that indicate a planned software implementation or other technology change might be at risk of failure or poor return on investment. . Indeed, 35% of CEOs say investing in digitalization is their top business opportunity in 2022, according to the Independent Banker’s annual Community Bank CEO Outlook survey.

Management 195

Management Software Survey Fintech 195

PYMNTS

APRIL 29, 2020

Banks have not faced issues in fulfilling their obligations to their various customers, Caldeira said, and technology has not proved a hindrance to meeting demand as businesses and individuals look for increased assistance in navigating a new reality of digitally delivered financial services. For them, the transition has been seamless.”.

Technology 142

Technology System Meeting Resources 142

PYMNTS

MAY 22, 2018

At the top of the list, according to reports, is incoming FinTech disruption, legislation like PSD2, market shifts stemming from Brexit and more. As treasurers explore the possibilities of FinTech, disruption is coming from other angles too: According to the publication, treasury professionals revealed their struggles to prepare for Brexit.

Fintech 122

Fintech Conference Survey Management 122

PYMNTS

JANUARY 7, 2019

The GAO said it had seen — through interviews with 11 FinTech firms — loan volume grow by sevenfold, while collaborative efforts with banks continued to grow from 2013 to 2017. Of those surveyed, said the GAO, nine of the 11 said that regulatory uncertainty has been a hurdle in credit expansion. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

MAY 25, 2020

Amid the push to digitize, small businesses are increasingly exploring opportunities within FinTech to strengthen their product offerings, adhere to the demands of shifting customer expectations, and embrace business model flexibility — not only endure the current economic downturn, but also to emerge from the volatility more resilient than ever.

Maine 151

Maine Fintech Fraud Marketing 151

PYMNTS

SEPTEMBER 27, 2017

The FinTech space is hoping to address these challenges head-on, targeting the paper and manual-based processes of trade finance transactions though innovations like blockchain. The survey polled more than 515 banks and 1,336 companies across 103 countries, finding that FinTech innovators can, indeed, help address the $1.5

Fintech 128

Fintech Survey Lending United States 128

PYMNTS

SEPTEMBER 29, 2017

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

AUGUST 20, 2020

The following Deep Dive explores how these issues are hindering SMB financing as well as how FinTechs are exploring technologies to overcome these issues and give SMBs the help they need to thrive while the world economy faces its biggest challenge in years. percent in the past 24 months, according to a recent survey by LexisNexis.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

SEPTEMBER 4, 2019

trillion gap in global trade finance — continues to be used as a driver of FinTech innovation as technology startups look for ways to address friction in global trade financing. Standard Chartered is the latest bank to embrace FinTech collaboration to tackle the trade finance gap, having announced Tuesday (Sept.

Fintech 143

Fintech blockchain Capital Innovation 143

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. “Your traditional bank technology only works on what’s happened,” Lyons told PYMNTS in a recent interview. “It works on something called a complete record. In the U.S.,

Data 184

Data Fintech Mobile Analysis 184

PYMNTS

OCTOBER 17, 2016

Technology has the power to help a business rise up from the competition. From spend data analytics to cybersecurity detection, innovative tools in FinTech enable companies to gain visibility into the performance of their business. Small businesses, too, have an appetite for technology. 78% of U.S.

Technology 100

Technology Analytics Survey Data 100

PYMNTS

MARCH 17, 2017

Those market conditions present interesting obstacles and opportunities for everyone in the banking FinTech space. Today, Misys is gearing up for another overhaul that similarly reflects times of flux and progress in banking technology and corporate finance. The company will merge with DH Corp.,

Fintech 195

Fintech Innovation Lending Management 195

Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option for simple daily transactions, but branches are still necessary for the more complex ones And yet banks should not ignore the shift in banking habits brought on by non-bank technology companies.

Google 225

Google Apple Survey Digital Banking 225

PYMNTS

JANUARY 17, 2018

While this industry is largely reliant on corporates’ adoption of innovative technology, it is also instrumental to getting issuing banks in on the movement. According to the executive, the key is to work “with banks, not against them” – a sentiment that has become a mantra for many in the FinTech market.

Fintech 187

Fintech Data Cards Innovation 187

PYMNTS

MARCH 13, 2019

But mobile devices are an increasingly important part of a small business’ financial management strategy, adding another channel on which banks and FinTechs must innovate to disrupt and improve SMB finances. But outside of basic accounting, manual processes and paper still rule. Open Banking Opens Doors for Mobile.

Mobile 169

Mobile Fintech Software Tools 169

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Recently, several technology firms have done just that.

Management 134

Management Fintech Tools Technology 134

PYMNTS

APRIL 23, 2019

With that in mind, the integration of various products and platforms will also be an essential strategy for Back Office, and is reflective of SMB accounting technology’s bigger shift to meet demand for more holistic services that communicate with each other. Accountants and accounting solutions must address this need, too.

Fintech 154

Fintech Taxes Capital Analysis 154