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Platform Banking: Why Getting Cozy With Big Tech is Good News for Incumbent Banks

On Aug 31, 2020
@financialit_net shared
Sudeepto Mukherjee, Senior Vice President at @PublicisSapient, in his new article for Financial IT writes about the Big Tech in the banking industry. Find out more on: https://t.co/vqyb5WkxkU #fintech #digitalbanking #COVID19 #payments #moneymanagement
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They’re not the most natural of bedfellows, but tech titans like Google, Microsoft, Apple, Facebook and Amazon have exactly what global banking behemoths need to reach new customers and stay relevant.

financialit.net
On Aug 31, 2020
@financialit_net shared
Sudeepto Mukherjee, Senior Vice President at @PublicisSapient, in his new article for Financial IT writes about the Big Tech in the banking industry. Find out more on: https://t.co/vqyb5WkxkU #fintech #digitalbanking #COVID19 #payments #moneymanagement
Open

Platform Banking: Why Getting Cozy With Big Tech is Good News for Incumbent Banks

Platform Banking: Why Getting Cozy With Big Tech is Good News for Incumbent Banks

They’re not the most natural of bedfellows, but tech titans like Google, Microsoft, Apple, Facebook and Amazon have exactly what global banking behemoths need to reach new customers and ...

Google-BBVA Partnership Marks A Tipping Point For Big Tech In Banking

Google-BBVA Partnership Marks A Tipping Point For Big Tech In Banking

Big tech companies have shown no appetite to become actual banks, with their heavy regulatory oversight. Instead they are working with bank partners who already have the regulatory ...

Google Makes a Bid for Banking, Where Tech Firms Go to Stumble

Google Makes a Bid for Banking, Where Tech Firms Go to Stumble

Attempts to create tech-focused alternatives to traditional banking have struggled to be more than a niche product.

Open Banking Use Cases (for Users)

Open Banking Use Cases (for Users)

From a consumer standpoint, smartphone penetration has increased dramatically in recent years, facilitating mobile access to applications…

Banking for “digital nomads”

Banking for “digital nomads”

Foregoing the traditional way of working from nine to five in a typical office culture and hierarchy model.

Digital banking: Top incumbent banks

Digital banking: Top incumbent banks

Incumbent banks must build a range of new digital capabilities that allow them to re-imagine what banking means for the digital era.

Monzo launches its ‘bank of the future’ in the US

Monzo launches its ‘bank of the future’ in the US

Monzo’s mobile-only bank has helped revolutionize British spending

Top 10 Retail Banking Trends and Predictions For 2019

Top 10 Retail Banking Trends and Predictions For 2019

2019 banking trends and outlooks from financial services leaders and influencers as well as financial institutions from around the world.

Google is teaming up with six more banks to support its digital banking efforts

Google is teaming up with six more banks to support its digital banking efforts

Google is teaming up with more banks to support its efforts to offer digital checking and savings accounts to US Google Pay users beginning in 2021.

What challengers can learn from innovative banks

What challengers can learn from innovative banks

Digital-only challengers have certainly made customers swoon over the smooth user experience they offer – and left competitors gasping. But with newer and newer players popping up on every ...

Digital training for bankers paying off in coronavirus crisis

Digital training for bankers paying off in coronavirus crisis

Customers are more reliant than ever on digital banking tools, and institutions like OceanFirst, BBVA and M&T are thankful they had invested in teaching employees to show customers how to ...

What Banks Can Learn from Australia's Oldest Fintech ING

What Banks Can Learn from Australia's Oldest Fintech ING

With open banking & digital disruption from fintechs on the horizon, are Australia’s big banks ready? Lessons from ING about innovation in banking.

The top companies providing & using banking-as-a-service technology

The top companies providing & using banking-as-a-service technology

Business Insider Intelligence is launching its brand new Banking coverage in early September.To obtain a free preview of our Banking Briefing, please click

An Underserved Segment Neobanks Are Eyeing: The Gig Economy

An Underserved Segment Neobanks Are Eyeing: The Gig Economy

This article from MEDICI talks about an underserved segment neobanks are eyeing, which is the gig economy. Read about it all only on MEDICI, the world's premier destination for all things ...

How Do Banks Work?

How Do Banks Work?

It can be hard to understand what banks actually do, since they don't make any real products. Let us break it down for you.

Fintech focuses on small businesses, ramping up competition with big banks

Fintech focuses on small businesses, ramping up competition with big banks

"The opportunity for SMB banking is large," CB Insights' Lindsay Davis said. "There are approximately 30 million small businesses in the United States."