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Digital Banking trends and Industry Intelligence for Bankers, Fintechs, and Solutions Providers
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Marie Beau VP COM at Oneup
Cash flow is the backbone of Small Businesses Most small businesses struggle to manage cash flow, the backbone of their success. Like many other businesses, small business owners need to pay their suppliers, employees, and all their operating expenses on time each month, but they often struggle to get paid themselves. There is usually no automatic...
12 September 2022 /startups /predictions
Retired Member
In November 2021 Amazon announced that they will no longer accept Visa Credit cards in the UK – they had already done this in Singapore and Australia. To the layperson, this might sound like Amazon are shooting themselves in the foot and just before Christmas! What’s going on you may ask? Currentl...
08 September 2022 /payments /predictions
John Bertrand MD at Tec 8 Limited
The scenario: On Facebook, a fake Airbnb website offers accommodation that includes a faster payment deposit of £1,000. It was a scam and the money gone. Airbnb noted it was fake website and says call your bank Refuses any type of reimbursement Facebook advice is call your bank Refus...
06 September 2022 /payments /crime
Abhinav Paliwal CEO at PayNet Systems
UK NeoBanking Platform Starling reported its 1st annual profit 💰 $38M PBT (profit before tax) $225M revenue (93% YoY growth) $3.96 bn loan book (45% YoY growth) 600K new customer accounts added The UK fintech unicorn has more than two million customer accounts, including more than 300,000 small business accounts. Its total lending exceeds $ 2Bn ...
25 July 2022 /retail /startups
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Application Programming Interfaces are an integral part of the emerging digital space. Without them, benefiting from many of today’s habitual financial services would be at least difficult if not impossible. In this piece, Andersen’s experts in FinTech software development will tell how API-based IT solutions contribute to the success of banks and...
21 July 2022 /payments /markets
Alex Kreger Founder and CEO at UXDA Financial UX Design
An unpleasant thing recently happened to me. My Facebook account was stolen a few days ago despite 2FA. And now Facebook blocked it and needs 30(!) days to explore the situation and maybe unlock my profile. What if the same thing happens to your bank account? Only at critical moments can you feel how much power Big Tech has on your life and how de...
14 July 2022 /retail /markets
20 years ago, one bank was enough for our parents to manage money transactions, from savings to insurance. The situation changed dramatically when there emerged more financial companies and competition for clients began. Suppliers offer to switch banks enticing people with favorable savings rates, gift cards, or bonus systems. The leader is the on...
03 June 2022 /wealth /retail
While COVID has thrown traditional banking operations in disarray but it has also established new fintechs in the financial services business. With the Central bank’s push toward digitalisation, we can safely assume that this trend will inevitably make fintech proliferate deeper into the incumbent bank’s market. Fintechs like Open, Bajaj Finan...
06 May 2022 /retail /markets
Jelle Van Schaick Head of Marketing at Intergiro
There’s a growing need for banking services that go beyond mere transactions. People want to interact with brands that enhance their lives and make them feel connected — not just push products on them. It may be tempting to try to please all markets and audiences, but attempting to appeal to everyone leads to mediocrity and a lack of intense feeli...
05 May 2022 /startups /predictions
Andrew Stevens Global banking and financial services specialist at Quadient
High street banks were in the headlines once again this week, this time with consumer group Which? reacting to the recent spate of branch closures. With high-street banks now closing at a rate of 54 branches per month, campaigners have voiced concerns that elderly and vulnerable customers won’t be able to access their cash or get assistance if the...
29 April 2022 /retail
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