Banking

A perfect storm of lowered IT costs and changing consumer tastes are putting banks in the position to play the Facebook role, for once. With the right strategy, banking providers of all sizes can now claw mobile users and engagement away from non-bank financial apps and capture more customers and revenue in the process.

In this week’s article, we deep-dive into the rise of neobanks/digital banks that cater only to SMEs.

SDK.finance, a European software FinTech vendor, reveals the strategic options of partnering with banks for PSD2 implementation.

A new survey commissioned by personal finance comparison website finder.com and conducted by global research provider Pureprofile has found that young men are leading the way with using digital payment technology to transfer money.

Payment Services Directive (PSD) is a European Union Directive, which provides a framework within which all the payment service providers must operate.

The use of mobile banking continues its climb towards ubiquity: the Federal Reserve study published in 2016 indicated that 43% of all mobile phone owners with a bank account had used mobile banking.

The evolution of the bank-FinTech narrative brought us to a logical point when FinTech is no longer perceived as a threat to traditional banking, but rather as an instrument in re-establishing their position in the financial services industry.

Prove announces at Money20/20 Europe that its motion-based behavioral biometrics solutions are now available in 195 countries and help businesses make identity authentication easier and safer for users

The Internet of Things (IoT) is grabbing headlines of all technology news portals.

A look at the investment and acquisition deals of 2018.

Bank branches are here to stay regardless of the desires of financial institutions to cut the costs of maintaining them in the face of fierce neobank competition.

Neobanks are providing a digital version of traditional banking and innovatively working on building customer-centric products as part of their collective mission to build trust in new-age FinTech banking services.