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Future Friday: Drastically Downsizing the Bank "Branch"

Fintech Labs Insights

Other professional services : Team with non-competing service providers such as Realtors, CPAs, tax prep services, law firms, tutors, insurance providers, investment advisors, to create a one-stop shop for a variety of needs. It''s an exciting time to be involved in banking alt-delivery.

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Future Friday: Downsizing the Bank Branch While Engaging with More Customers

Fintech Labs Insights

——— On the other hand, banks could reverse the in-store model by hosting other service providers within existing branches to share costs and generate activity: Ecommerce kiosks : The last mile of ecommerce, actually getting products delivered to the end user, is still expensive and problematic.

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Covid-19 Has Scrambled Fintech’s Winners & Losers. Here’s The Short- & Long-Term Outlook.

CB Insights

These include players like one-click checkout provider Fast (which raised a $20M Series A in March) and payment-facilitator-as-a-service provider Finix (which raised a $10M Series B extension in March). Both Betterment and Vanguard saw higher-than-average engagement with human advisors in Q1’20.

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What Is Cash Burn? Calculating and Controlling Your Spending

EBizCharge

This metric provides a clearer picture of how quickly your cash reserves are depleting, considering both expenses and income. Regularly calculating these rates can improve operational efficiency and financial decisions, enhancing a companys overall cost structure.

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The payments regulation roadmap: Q2 2025

The Payments Association

Gavin Punia Partner, financial regulation, Bird & Bird LLP All UK payment service providers should focus on implementing the FCAs operational resilience rules. Next steps/action required: Engage with the PSR’s ongoing consultations to provide feedback and stay informed about potential regulatory changes.