APIs can provide banks a customer-centric transformation for enhanced user experience
Financial institutions have access to a vast amount of customer data, including account information, transaction history, and credit scores. However, much of that data is siloed by different payment platforms and networks and out of reach when fraud teams need it most. Banks can address this data drought problem by finding ways to modernize their tech stack, getting creative with existing rails, and leaning on providers to gain scale.
It is becoming increasingly necessary for financial institutions to start thinking outside the box for ways to grow and diversify their loan portfolios.
Revenues in fintech are projected to grow three times faster than the traditional banking sector. Here are three ways banks can prepare for their digital future.
Cryptocurrency offers e-commerce merchants some benefits, from ease to convenience to security.
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The experience of this past weekend highlights a type of business continuity risk that managers of FBO accounts should stop to consider.
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Generative AI is powering fintech modernization with streamlined processes and automated workflows. Transformation teams find the greatest ROI is driven by 4 key adoption trends, especially when supported by an AI-specific risk management strategy.
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.
The former CEO of Visa, Carl Pascarella, discusses the future of payments and why he decided to invest in lending technology company, LoanPro.
[Editor’s note: This is a guest post from Alexander Prokhorov. He is a managing partner and co-founder of FinSight Ventures,...