Alternative Banking

Small Business Eager to Tap $51 Billion Embedded Finance Market
Small Business Eager to Tap $51 Billion Embedded Finance Market
December 09, 2022  |  Banking

Small to midsized businesses (SMBs) often face a legion of challenges when attempting to process payments swiftly and securely. Incorrect invoices, insufficient cash reserves and...

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?
Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?
November 25, 2019  |  Payments Innovation

Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in...

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KOHO FinTech Raises $42M To Fund Growth
KOHO FinTech Raises $42M To Fund Growth
May 15, 2019  |  Fintech Investments

KOHO, the Canadian FinTech, announced on Wednesday (May 15) that is has closed a $42 million round of fundraising. In a press release, KOHO said...

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Will Consumers Bank With Their Telcos?
Will Consumers Bank With Their Telcos?
April 23, 2019  |  Mobile

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. The mobile app...

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Will The Consumer’s Next Bank Be Amazon, PayPal Or Walmart?
Will The Consumer’s Next Bank Be Amazon, PayPal Or Walmart?
April 04, 2019  |  Alternative Finances

FinTech firms may not be the only ones that traditional financial institutions (FIs) need to keep an eye on. About six in 10 consumers have said...

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Bank of England Governor Says Banks Overstate Their Shield Against FinTechs
Bank of England Governor Says Banks Overstate Their Shield Against FinTechs
November 29, 2017  |  Banking

The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say they can stop FinTechs from...

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Revolut Partners Up With Trussle For Mortgage Broking Service Access
Revolut Partners Up With Trussle For Mortgage Broking Service Access
April 19, 2017  |  Partnerships / Acquisitions

Buying a home can be a long and arduous process whether as first-time home buyers or multi-unit owners. The paperwork alone can be tedious and, at...

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Why The New Short-Term Lending Rules Keep Banks Sidelined
Why The New Short-Term Lending Rules Keep Banks Sidelined
June 07, 2016  |  Alternative Finances

“The most important number to keep in mind here is 12 million. A lot of numbers are getting thrown around in this debate, but 12...

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The Week In Data (In An Image)
The Week In Data (In An Image)
December 07, 2015  |  Alternative Finances

Holiday shopping got moving into high gear last week, as consumers dug deep, browsed adamantly and shopped with the fevered intensity of athletes competing in...

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