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Partner banking (BaaS) Is A Lifeline For Beleaguered Community Banks
Wednesday, August 24, 2022 - 4:10pm | 846By Vince Curotto, director, Klaros Group Between heightened regulatory scrutiny of partner banking relationships with fintechs and fintechs facing their own operating headwinds in a rocky market, it is reasonable to conclude right now is a bad time to launch partner banking services. But disruption...
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EXCLUSIVE: What Q2's Launch Of Helix Means For Financial Services Brands Like NYDIG
Monday, March 28, 2022 - 4:45pm | 1319Q2 Holdings Inc (NYSE: QTWO), a provider of digital transformation solutions for banks and lending institutions, announced its introduction of Helix, a Banking-as-a-Service (BaaS) offer. At its core, Helix is a cloud-native core that enables banks, credit unions, fintechs and consumer brands to...
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Does Nio Stand To Benefit From Chinese City Chongqing's Subsidies For Battery Swap Stations?
Wednesday, May 19, 2021 - 4:54am | 503Chinese electric vehicle maker Nio Inc. (NYSE: NIO) could significantly reduce the construction costs of its local battery swap stations if it can take advantage of the subsidies announced by the Chinese city of Chongqing, cnEVpost reported Tuesday. What Happened: Chongqing will provide subsidies...
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Fintech Focus For December 1, 2020
Monday, November 30, 2020 - 6:07pm | 1524Quote To Start The Day: Whatever you do, do it well. Source: Walt Disney One Big Thing In Fintech: Business information provider S&P Global Inc agreed on Monday to pay $44 billion in stock to acquire IHS Markit Ltd in the year’s biggest acquisition that will create a new data powerhouse...
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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 7:50pm | 2542Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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Future Trends: BaaS, Open Banking Threaten Existing Financial Services Solutions
Monday, January 13, 2020 - 5:31pm | 226Hydrogen, a New York-based fintech specializing in blockchain, banking and investing, released a report on the rise of Banking as a Service (BaaS), deriving some interesting conclusions for the way fintechs and financial institutions use APIs to build on infrastructure and differentiate offerings...
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Q2 Open Banking On Hot Topics In The BaaS Sector: Portability Is Key
Wednesday, November 20, 2019 - 3:49pm | 311The banking-as-a-service space was the topic of discussion for Q2 Open Banking vice president of strategic solutions Rahm McDaniel's fireside chat Tuesday at the Benzinga Global Fintech Awards. McDaniel was joined by Benzinga's Luke Jacobi, and the two discussed several pressing topics in...