The bank partner model has been around for decades but it has expanded rapidly in the last few years; leading...
Fintech companies have found it increasingly hard to work with tier one banks; while most talk openly in private some companies have begun talking publicly about the frustrations; issues the commonly deal with include sense of entitlement, questions about intellectual property, failure to pay and long lead times. Source.
PwC has released a global report on fintech; says financial institutions across the world could lose 24% of their revenues to financial technology companies over the next three to five years; among other statistics, the report also finds that 82% of respondents plan to increase partnerships with fintech firms over the next three to five years to manage new innovation and market competition. Source
In an op-ed in American Banker the executive director of the Marketplace Lending Association, Nat Hoopes, argues that small banks...
Google announced a new group of bank partners for their checking account, expanding on the initial announcement last year with...
The official launch of the Apple Card ratcheted up the pressure on banks and fintechs as the fear of big...
Everett Cook and Alex Wheldon launched Rho Business Banking in October last year dubbing it a “modern commercial banking platform”...
Apple and Goldman Sachs have partnered on a new credit card which will include iPhone features to help people manage...
Lloyds Banking Group has signed a five year deal with Google Cloud in a bid to streamline the bank’s customer...
In his weekly Forbes column Ron Shevlin assesses what has changed in fintech over the past few months and what...