Top news of the week: 05.05.2022.
Digital Transformation In Banking
Why New Banks are Taking Over the World
As consumers flock to non-traditional fintech and big tech competitors, legacy banks have increasing difficulty competing.
From partners to competitors: What Stripe’s latest move means for Plaid
Fintech giants Stripe and Plaid appear to be going head to head.
The revenue potential of banking-as-a-service, in 4 charts
As banks and credit unions face revenue recession challenges generated by decreasing non-interest income, new digital transformation initiatives could unlock other revenue streams …
Use of CFPB's "Dormant" Authority May Mean More Name & Shame
OCC Wants Stablecoin Standard, 2nd Country Adopts Bitcoin as Legal Tender, Senators' Zelle Fraud Concern,
How Lydia wants to make payments more personal and social
Lydia lets you send and receive money from your phone; now the startup thinks it's the foundation of a social app.
Lithuanian payments fintech kevin. raises $65m
Kevin. will use the funds as it looks to enhance its account-to-account offering at the expense of card use.
Top reasons why customers switch banks
Consumer and business surveys indicate that quality of digital capabilities, product offerings and customer service are key variables.
Artificial Intelligence in Banking: Top Priorities for 2022 (And Beyond)
Tapping AI's banking potential has barely begun. The technology improves customer experience, operational efficiency, lending and much more.