Financial institutions struggle to meet consumer demand for more payment types, mainly because they lack the proper data science capabilities. This drives suboptimal strategies like layering multiple payment types.
Pinwheel’s new partnership with Jack Henry will help banks and credit unions win primacy with more clients.
Generative AI (GenAI) is the topic of the year, as more institutions turn to investment in the technology. This is just the beginning.
When designing an intelligent budget-tracking app, Piere founder and CEO Yuval Shmul Shuminer prioritized functionality, integrations, and meeting the evolving needs of emerging generations. Billed as the“intelligent budget tracker app that’s ready in just two taps,” Piere offers quick functionality and automatic reconciliations and updating.
·
Generative AI is powering fintech modernization with streamlined processes and automated workflows. Transformation teams find the greatest ROI is driven by 4 key adoption trends, especially when supported by an AI-specific risk management strategy.
·
If a financial institution looks beyond the hype of AI and tempers its expectations, it can use AI to deliver measurable business results. That’s been the experience of Amount’s director of decision science Garrett Laird.
Big tech's dominance over the tap-to-pay sector may be stifling innovation through rules imposed by digital wallet leaders.
As B2B payment technology catches up to other areas of fintech, TreviPay CEO Brandon Spear said exciting trends are emerging. In late 2023, TreviPay released the B2B Buyers Payments Preference Study. It updates similar research conducted in 2019.
·
Lendbuzz blends its founders’ early experiences with AI to disrupt traditional assessment methods and widen the pool of credit-worthy individuals.
·
While more people are shopping online, they are increasingly concerned about their digital security. Might passkeys be the answer? Quintin Stephen believes they will help.