As part of its commitment to innovation and helping fuel the growth of businesses, Avidia Bank has dedicated resources to helping meet the financial and business needs of financial...
It's easy to move your money between banks. What's annoying is moving your apps. There's been a recent explosion of fintech products in spaces like stock..
Scrutiny of Bank Secrecy Act compliance at financial institutions everywhere is surging. Fines and enforcement orders are all over the headlines. Regulators, as well as board members, want to know that banks and credit unions have taken a good look at what their exposure is, and have a solid plan in place to address those …
The Internet of Things (IoT) is growing rapidly...
There are plenty of opportunities for banks to collaborate with the tech startups that are driving rapid change in the financial industry. But first they need to find innovative ways to address systemic challenges like compliance as well as cultural differences.
The future of banking is more becoming more clear, with the use of data for personalization and engagement being the key to success.
Fintech companies are turning their attention to blockchain and AI as a generation of millennials seek faster ways of banking.
No rich relatives? No angel connections? No problem.
Not too long ago our only access to financial services was our high street bank, which regularly involved costly time-consuming processes, and our only m...
Young upstarts have to take a long, hard look at their business models and make key investments as the market cools off.
Governments are feeling the force of competition for the first time
Banks and credit unions must 'lean into' technology to a much greater degree if they hope to prevent consumers from straying to fintechs.
Emerging technology is changing the fintech space. Lisa Ellis, a partner at MoffettNathanson and lead analyst for Payments, Processors and IT Services, breaks down how emerging technology is changing fintech.
The past few decades have seen entrepreneurs sprinting to innovate and exploit outdated process gaps for riches.
Today’s customers expect their bank to provide rapid, reliable, personalised and convenient services across multiple touchpoints—and any bank that fails to meet these expectations will struggle to thrive.
Facing increasing pressure from fintechs, a growing demand from customers for a different way of banking and a crackdown from regulators, financial services
Blockchain technologies are connecting global financial systems so they are easily interoperable, efficient, affordable and accessible.
63.6% of financial institutions that use Artificial Intelligence (AI) believe it is capable of preventing fraud before it happens. AI’s many predictive analytics and machine learning techniques are ideal for finding anomalies in large-scale data sets in seconds.
As payment services become more and more user-friendly, managing customers and delivering products is ever more complex, requiring access to specialists - in product management, marketing, revenue management, IT and platforms, legal and regulatory areas, to name but a few.
Peer-to-peer (P2P) lending is a form of direct lending between lenders and borrowers. In a P2P transaction, money can flow from the lenders directly to borrowers through the P2P platform, bypassing…
Changes in customer preferences and pressure from fintech competitors are forcing banks to innovate. Is your core provider up to the task?