Data courtesy of FedFis.com shares that Fiserv has more than 37% market share; Jack Henry has the second highest market share with 17.6%, followed closely by FIS. Source
Back in 2013 four core banking providers dominated the U.S. market owning a 96 percent share, that market share is...
The core banking provider market is starting to feel the winds of change as banks start seeking newer providers and...
A survey by Fiserv indicate the growing use of modern payment methods in Brazil such as Pix, QR codes and online shopping.
Fiserv‘s acquisition of First Data points to the power of fintech and the threat it poses to more traditional payments...
Back in 2013 four core banking providers dominated the U.S. market owning a 96 percent share, that market share is...
The Founder and CEO of FutureFuel.io and the Head of Fintech for Fiserv discuss the massive student debt problem. They have come together to help banks and credit unions provide solutions for their customers around student loans.
Fiserv partnered with TransUnion to use their CreditVision Link software to help asses risk in their auto loan origination system; Fiserv is specifically looking to identify higher risk borrowers as they look to reach more of the underbanked; Steve Chaouki, executive vice-president and head of TransUnion’s financial services business unit, says the integration “enables lenders to score approximately 95% of the US adult population” as reported by Banking Technology. Source.
Today, we talk through a few recent events that are indicative of what’s important in fintech right now.
Varo raised $241 million in preparation to start operating under its own banking license later this year. Is a banking license an asset or a liability if you’re a digital bank?
Marqeta is reportedly now valued at $4.3 billion, as banking-as-a-service continues its mature.
And LA-based fintech Stackin’ raised $13 million to scale its messaging-based offering designed to help Gen Z find the right fintech. What should we make of this?
In an all-stock transaction of $22 billion, Fiserv has acquired First Data. The acquisition will allow Fiserv to now offer a...