Payments and financial services platform Fiserv, Inc. has inked a deal to buy cloud-native banking solution Finxact, Inc., as part of the next step in its digital banking strategy, allowing increased account processing, digital and payments solutions. “We’re accelerating the delivery of innovative digital banking...
For large, global financial institutions (FIs), modernizing is no easy feat. Bogged down by legacy infrastructure, big banks often find that FinTech collaboration wins in the “build-versus-buy” debate as a more agile way to digitize and bring competitive products to market. This week’s examination of...
Faster payments are only one example of the effects of a world moving toward real-time everything, with growing customer demands driving change in the way banks and businesses operate themselves. As such, the consequences of real-time payments aren’t solely impacting consumers’ peer-to-peer (P2P) transaction activity....
Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of open banking frameworks. Both are key to addressing the modern demands of end-users. Use-cases for real-time payment capabilities continue to...
April 03, 2022
Payments and financial services tech solutions provider Fiserv has acquired Finxact, a press release says. “Together with Finxact, we are accelerating the ability for FinTechs and financial institutions to deliver differentiated digital banking experiences to their customers,” said Frank Bisignano, president and chief executive officer of Fiserv. “We welcome the Finxact team to Fiserv as […]
February 07, 2022
Payments and financial services platform Fiserv, Inc. has inked a deal to buy cloud-native banking solution Finxact, Inc., as part of the next step in its digital banking strategy, allowing...
