A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including corporate lending) in sight. Elsewhere, not every bank is scrambling to link with a tech upstart – look to Hong...
Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. A press release on Monday (July 9) said the companies are deploying artificial intelligence (AI) technology, Strands Business Financial Management (BFM), to...
Thanks to competitive pressure from FinTechs, traditional banks are often pressured to keep pace with innovation and meet evolving needs of their small business (SMB) customers. Research suggests small businesses are urging their financial institutions (FIs) to play a more collaborative role as business advisor,...
November 17, 2021
India-based mobile solutions provider Comviva has joined forces with FinTech firm Strands to offer an integrated suite of digital banking, wallet and payment solutions for customers of banks and financial service providers, according to a Wednesday (Nov. 17) press release. Through the collaboration, Comviva will use Strands’ Personal Finance Management (PFM) solution to allow banks […]
