Bank-Fintech partnerships have been in the news a lot lately. Here are three important considerations to make them work well.
Despite regulatory concerns banking-as-a-service continues to grow in popularity. Here are three tips for any business considering going the BaaS route.
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It’s impossible to escape a headline about generative AI these days, with many business leaders opining on its potential either to exponentially boost productivity or to destroy our workforce as we know it. Yet too few thought leaders have pointed to how generative AI can be harnessed to support everyday people in their journey to financial independence – especially the millions of Americans currently living paycheck to paycheck in an unusually shaky economy.
For the unbanked and underbanked, BaaS means easy access to financial services that meet their specific needs. By combining fintech's approach with the capabilities of traditional banks, BaaS fosters financial inclusion.
Payments are increasingly at the center of the rapidly expanding vertical SaaS market.
The open banking industry in the US had a slow start to life, but is shaping up for an exciting 2024. With the first glimpses of regulator support and increasing demand from merchants, Pay by Bank is set to become a serious alternative to mainstream payment methods in the minds of US consumers.
Brazil's Pix has not only reshaped its national payment landscape but also emerged as a catalyst for financial innovation across Latin America, showcasing the potential of instant payment systems. By 2026, Pix is poised to become a dominant force in Brazil's digital economy, reflecting its significant impact on financial inclusion and market competition. Its rapid adoption and innovative features are now inspiring neighboring countries, paving the way for a comprehensive digital payment transformation throughout the region.
For businesses to improve customer experience it is important that data is not lost between entities in the payments chain.
As an advocate for diversity and a supporter of women in the tech industry, my article will delve into the advantages of incorporating neurodiverse individuals into the fintech workforce.
Financial institutions are grappling with increasing cybersecurity threats due to heightened cloud adoption and technological sophistication. To combat these challenges, financial institutions must take proactive measures to protect themselves. Red Hat’s Dr. Richard Harmon provides insight on three key measures that can mitigate risk: collaboration, automation and standardization.