How Can Banks and FinTechs Collaborate?
Jun19

How Can Banks and FinTechs Collaborate?

It’s much talked about within the walls of both parties: How Can Banks and FinTechs Collaborate? Banks and FinTechs have much to gain from working together. Traditional retail banks get access to the latest technology and opportunities for digital innovation, while FinTechs get closer to their biggest potential customers and a valuable distribution network for their products and services. Our work connecting FinTechs and retail...

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Making a Bank FinTech Partnership Actually Happen
Mar22

Making a Bank FinTech Partnership Actually Happen

More or less everybody working in and around banking is talking about Bank FinTech Partnership; with collaboration as pretty much the only viable way forward for either side in the disruptor-disrupted equation. But there’s much less talk about how banks and FinTechs can make that vital collaboration actually happen. BankNXT asked our own Anna Bennett to talk a little about the steps FinTech companies can take in order to minimise the...

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Collaboration and What Department Stores Teach Us
Dec14

Collaboration and What Department Stores Teach Us

Chris Skinner of the Finanser wrote when describing the emergence of the Internet of Things in banking, “incumbents must be agile, nimble and digital, but they were built for being slow, risk averse and physical”. One potential route to innovation is for banks to collaborate with fintechs and CIOs are all to used to hearing this. What they need however is a practical route forward. When it comes to execution, CIOs should look outside...

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Fastacash on FINkit
Nov17

Fastacash on FINkit

“Fastacash is a FinTech that’s been established since 2012 and we operate a platform that allows any business to transfer any form of value over any of 24 social networks that we’re connected to. We are working with FINkit because they offer a platform that is essential for banks to be able to collaborate to compete and innovate in an ever faster-paced and demanding market. As a FinTech looking to build relationships with major banks,...

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HID Global on FINkit
Nov17

HID Global on FINkit

“Our technology allows banks to seamlessly authenticate their customers. By working with FINkit, this allows us to reach many banks throughout the UK and globally through a single integration, as we bring together our shared expertise to deliver a complete solution to our shared customers” . Conor O’Riordan, UK&I Sales Manager, HID Global.   Watch HID Global on FINkit:   The FINkit Partner Programme consists of 14...

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LivePerson on FINkit
Nov17

LivePerson on FINkit

“We are delighted that FINkit and LivePerson have joined forces. This enables collaboration between banks, FinTechs and other Financial Service providers through secure and scalable customer messaging solutions. Operationalising customer messaging as part of the FINkit API platform enables banks to react quickly and effectively to customer requirements. All without invoking the large costs of a traditional call centre.” Graeme...

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BehavioSec on FINkit
Nov17

BehavioSec on FINkit

BehavioSec on FINkit: “BehavioSec is excited to be providing biometric authentication services to banks via the FINkit platform. We believe that collaboration for banks and FinTechs is key in delivering the ultimate customer experience. Our recent awards and client announcements show how important the area of biometrics is, in achieving customer peace-of-mind when it comes to secure authentication. FINkit has been designed with...

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FICO on FINkit
Nov17

FICO on FINkit

FICO and FINkit are working together to provide digital fraud prevention solutions – and much more – delivered through the FINkit API platform that enables banks to easily collaborate with Financial Services solution providers. Our products have always focussed heavily around compliance, security and reliability and all of these are  incorporated into the FINkit platform, enabling banks to collaborate with peace of mind. Gabriel...

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CMA: What are UK Retail Banks waiting for?
Sep30

CMA: What are UK Retail Banks waiting for?

The UK’s FinTech sector is thriving, with smart founders and technology attracting the investment and developer talent to truly disrupt the wider industry. The innovation mandate provided by the Competition and Markets Authority’s (CMA) recommendations presents a real opportunity for banks and disruptive FinTech companies to accelerate technological change in UK Retail Banks, to the benefit of customer experience.  But working...

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The FinTech Challenge: Technology’s a Game
Jul21

The FinTech Challenge: Technology’s a Game

A report published last year by PwC found that 95 per cent of banks are worried that they are in danger of losing part of their business to a disruptive FinTech company. It’s a big number, but it was no real surprise when you consider the various impediments banks face when it comes to implementing the kind of innovation that those disruptors have made their stock-in-trade – not least cumbersome legacy technology estates and a...

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