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January 16, 2020

By Sam Maule, Head of North America, 11FS

The more things change, the more they say the same. Mergers, incumbent dominance, and hesitancy over market conditions are all going to continue this year. So does 2020 have anything new in store for US finserv? Let’s take a look…

Prediction 1: more mergers are on the way

Quick: name a banking core provider off the top of your head. Chances are they’ve gone th...

January 14, 2020

(Reuters) - Visa Inc said on Monday it agreed to buy privately held software startup Plaid Inc in a $5.3 billion deal that will boost the payments giant’s access to the booming financial technology space.

FILE PHOTO: A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration

The transaction highlights how traditional...

January 6, 2020

How do you help people lead better financial lives? Meniga's Andrew Harper shared the company's unique approach with us at last year's Money20/20 USA

If you visited this year’s Money20/20 USA event - indeed, if you have read our exclusive interview with the event’s President, Tracy Davies in our December issue - you’ll be aware of one of the key themes to come out of those four days in Las Vegas: fi...

January 3, 2020

By Ben Moore

In an effort to stimulate innovation and promote financial inclusion, banks and governments are poised to significantly boost uptake of Fintech solutions during 2020, according to a new report from Ecosystem, the global disruptive technology research and advisory platform.

The report, Ecosystem Predicts: The Top 5 Fintech Trends for 2020, identifies five key trends that will shape the Fi...

December 28, 2019

Tribe Payments, a team of industry experts dedicated to delivering the future of payments, has announced the launch of Bankbox. Bankbox is an API-led, agnostic module that provides issuers and acquirers access to banking systems and rails such as Faster Payments in the UK and Automated Clearing House in the U.S.

Part of Tribe Payment’s modular platform ISAAC, Bankbox is designed to help programme ma...

On the global fintech scene, the US has been amongst the top leaders, accounting for 57% of the fintech market in 2018, according to a Mordor Intelligence research.

Consumers in the country have realized the key benefits of fintech solutions such as lower rates and fees, convenience, simplicity, transparency and personalization, and on average, it is estimated that one out of three digitally ac...

Flagstar Bank and Detroit FinTech Bay have announced the first startups to participate in the Flagstar Mortgage Tech Accelerator Program. The three companies are Brace, which focuses on servicing non-performing loans; boost.ai, which develops A1-based chatbots for the banking sector; and Home Captain, a real estate SAAS technology company that acts as a conversion optimization system....

July 8, 2019

If you recently bought something from a local business, you may have SpotOnto thank for the transaction.

The fintech company creates products for all things related to the merchant service industry. Its platform manages point-of-sale transactions, but it can also help businesses with everything from their websites, marketing, appointments, customer reviews and more.

SpotOn works w...

July 3, 2019

Flagstar Bank and Detroit FinTech Bay have announced the launch of the Flagstar Mortgage Tech Accelerator Program, which focuses on early stage startups active in developing technology solutions for the mortgage industry.

The program is looking for applicants working on breakthroughs in all facets of the mortgage business including mortgage origination, processing, marketing, servicing, compliance,...

July 1, 2019

There’s been a lot of hype over using blockchain in health care. Why is that?

The data stored on a blockchain is transparent and immutable, which is extremely important for the health industry. Some insiders even call it the “ultimate use case” for the technology. 

In fact, there are several reasons behind this hype. As Cointelegraph previously explained, one of the core characteristics of...

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