Apple’s Growth Strategy Emphasizes Payments + BNPL
Apple Pay expands with a BNPL option, so people can make installment purchases at retail stores using its proprietary mobile wallet.
Fintech Banking
The latest news on fintech banking trends, how banks partner with fintechs, how fintechs disrupt payments, and how fintechs redefine the future of banking.
Latest Spotlight Article:
How One Fintech 'Sifts for Gold' in the Low FICO Scores Banks Shun
Amid a funding crunch, many fintechs are rushing to turn a profit. Current's CEO shares his plan to get there by adding loan products and another 1 million customers.
Popular Articles within Fintech Banking:
What is a ‘Fintech Unicorn’? (And Why Should Banks Care?)
Becoming a fintech unicorn confers status on disruptors with fresh banking ideas, but investors demand they produce even fresher thinking.
How Banks Can Stop Losing Deposits to Investment App Robinhood
Investing has never been more accessible, and banks and credit unions are losing deposits (and relationships) to investing fintech startups.
Apple’s Strategy to Dominate Payments with Open Banking Fintech
The tech giant's startup acquisition could enhance credit card penetration in the U.S. and beyond while improving Apple Pay engagement.
The Emerging Payments Trends Threatening the Future of Banking Revenues
Account-to-account (A2A) payments reduce interchange income and could hasten the decline of payment cards, but also bring new opportunities.
All-Digital Grasshopper Bank Pushes Into BaaS and SBA Lending
Experience, being nimble and competing in business banking, rather than the consumer side, could put young Grasshopper into the black.
Fintechs Raise Digital Transformation Stakes, Many Banks Don’t Ante Up
Change won't wait for digital laggards, yet many banks and credit unions still aren't focused on answering fintech and neobank innovation.
Fintech Funding Boom Spurs Bank Fears and Tech Spending
Money poured into fintechs through 2021, prompting banks to respond with investments in both R&D and directly in fintechs themselves.
Why SoFi’s Tech + Bank Deals Could Disrupt Traditional Banking
The student loan refi lender is building a new banking model around payments and digital banking platforms, plus a national charter.
How Nubank Became One of the World’s Biggest Digital Banks
Sure, it only operates in Latin America, yet it has nearly the same digital presence as BofA. Here's why banks must keep an eye on Nubank.
Ease of Switching in Fintech Era Jeopardizes Loyalty to Banks
Primary institution satisfaction is strong, but new data shows switching activity is rising as people spread their banking business around.
Mainstream and Fintech Lenders Creeping Further Into Non-Prime Lending
Banks, credit unions and digital newcomers step up lending to lower credit tiers to build balances & revenues. The great unknown: inflation.
Why Chase’s Technology Can Compete With (and Outperform) Fintechs
Every bank is wrangling technology to help them be innovative. Here's an inside look at how Chase tackles digital with a unique strategy.
How Banks Can Create a White Label Response to BNPL Threats
Legacy financial institutions may be hesitant to recruit third party fintechs to build out their products, and improve the development process, but it's essential in order to outperform the competition, says Skeps CEO Tushar Srivastava.
6 Ways Plaid Sees Fintech and Banking Evolving in 2022
Neobanks and traditional institutions face a period of intense change, driven by technology, but framed within new political realities.
Walmart and the Future of Fintech
Neobanks that crave capital remain wary of losing control in an acquisition with a big corporation. They remember Simple and Azlo.
How One Fintech Is Building a Sustainable Empire
With over five million customers and a focus on sustainable finance, Aspiration's strategy couldn't be more different from its competitors.
9 Misunderstood Fintech Trends Affecting the Future of Banking
What the heck is "DeFi" and "Baas"? Few in banking would admit they don't really understand many of these new buzzworthy trends.
SoFi Gets Approval to Become a Bank – Should Legacy Banks Care?
A charter is a plus for the fintech, but the impact for traditional institutions may depend on the status of their digital transformation.
Intuit Is Drilling Even Deeper into Small Business Banking
Free business checking offered with Green Dot Bank serves as a tie-in for firms using QuickBooks and as part of a 'starter kit' for future subscribers.
Why Chime Should Keep Bankers Up at Night in 2022
The offering of fee-free deposits at close to 9,000 locations by Chime is the latest in a battle for consumers previously ignored by banks.
Will New P2P Startup ‘Chuck’ Edge Out Venmo, Square and Zelle?
A consortium of community financial institutions uses 'open' approach to give their customers a 'one-stop-' approach to mobile payments.