Fintech News

OCTOBER 28, 2024

It enables financial institutions, especially those without core banking systems or with systems lacking API integration, to manage bulk transactions. Integrated with bank accounts and digital wallets in Pakistan, Hakeem provides customers with easy disbursement options. The company replaces traditional B2B payment methods (e.g.

AI

PYMNTS

NOVEMBER 3, 2020

But as PYMNTS reported in September , Chinese regulators have been boosting their scrutiny of non-bank financial companies. trillion RMBs for consumers and 422 billion RMBs for small businesses, as the company originates loans in turn underwritten by partner banks.

NOV

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. Figure Pay, he said, is not built on traditional banking structures but “is a blockchain rail and a digital wallet that we think is infinitely more cost-efficient.”.

Financial Inclusion

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking

The Fintech Times

OCTOBER 30, 2024

HSBC UK recently became the first major bank to enable international customers to leverage their international credit history to apply for a UK mortgage application. “With over 20 million underserved adults in the UK, it’s time to rethink access barriers.

Financial Inclusion

PYMNTS

MAY 15, 2018

Fair Square Financial entered the financial services world a few years ago with two observations about why the world needed another non-bank lender. Subprime customers — and the higher interest rates associated with underwriting their unsecured debt — were also served with a variety of products in the market.

Push-to-Card

PYMNTS

JUNE 15, 2018

Latin America’s alternative finance market received a boost from the World Bank Group’s International Finance Corporation, which led a $10 million investment in eFactor Network, a Mexico-based company linking businesses with factoring and working capital solutions. eFactor Network. AYE Finance.

Cybersecurity

CB Insights

JUNE 17, 2020

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Branchless banking. BANKING, HEALTHCARE, RETAIL SECTORS LIKELY TO EXPERIENCE SIGNIFICANT GROWTH IN CHATBOT USE. Branchless banking.

Posting

PYMNTS

MARCH 7, 2016

Yes, the sobering reality of having to really make money has become an unwelcome wake-up call for those who masked the real value of their business with the never-ending piles of VC cash that just kept underwriting losses and kicked the revenue can way down the road. HOW DO WE ALL AVOID THE CURSE OF THE TYPEWRITER? Here in the U.S.,

Online and Mobile Banking

Fintech Review

DECEMBER 10, 2024

Peer-to-peer lending platforms connect borrowers directly with individual lenders, cutting out traditional banking intermediaries. These platforms offer an efficient alternative to the lengthy processes associated with traditional banking. Automated underwriting further accelerates the approval timeline.

FinTech

Fintech Review

NOVEMBER 12, 2024

Fintech companies and traditional banks are increasingly working together. Historically seen as competitors, fintechs and banks now find common ground to enhance services and reach broader audiences. Why Are Banks and Fintechs Collaborating? Banks and fintechs have different strengths.

FinTech