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Tag: Financial Services


Banking Tech, LendTech

Challenger bank Tonik acquires paytech firm TendoPay

December 7, 2022

Via: FinTech Futures

Through the acquisition, Tonik aims to augment its lending portfolio and integrate payroll-enabled financial services into its operations. Launched in 2019, TendoPay offers services including virtual cards, prepaid health insurance cards, 0% interest purchasing loans, emergency cash loans, a personal […]


Editorial

Is BaaS The Future of Finance? Industry Outlook and Insights

November 30, 2022

Via: Isabella Carter

Digital transformation is democratizing data across all industries, enabling richer features, greater transparency, and a better customer experience. As new technologies allow fintech and other companies to access legacy systems, Banking-as-a-Service (BaaS) solutions have emerged as an important component of […]


Paytech, Retail

How financial services can benefit from cloud computing

November 1, 2022

Via: Fintech News

In the days of cryptocurrency and Apple Pay, many people are more and more comfortable with the intersection of currency and the digital world. Financial institutions are in this transition period, too. It can be nerve-wracking to think about changing […]


Invest tech, WealthTech

Banks target wealthier clients to fix ‘unsustainable’ retail economics

October 27, 2022

Via: American Banker

More nimble, higher-tech rivals are making the economics of garden-variety retail banking “unsustainable” for traditional financial services companies, driving them to focus on specialized digital services for more profitable customers, according to a new study from the consulting firm McKinsey […]


Editorial

How Blockchain Is Transforming the Financial Services Industry

October 19, 2022

Via: Natalie Dunn

Given that blockchain is changing the dynamics of many industries, it’s no surprise that it has become a buzzword in recent years. Blockchain has revolutionized the way we do business in many areas, including healthcare, retail, banking, government, and more. […]


Paytech, Retail

How financial services are following in the footsteps of Amazon with digital identity

September 26, 2022

Via: FinTech Futures

Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google. Traditionally, conventional banks and financial institutions have encouraged […]


Paytech, Wholesale

JP Morgan to acquire US paytech firm Renovite

September 12, 2022

Via: FinTech Futures

Once the acquisition is complete, Renovite will become part of JP Morgan Payments – which provides corporate treasury services, trade finance, card and merchant services. Founded in 2015 and based in Fremont, California, Renovite offers cloud-native software products for payment […]