Bankable

🚨 The Evolving Dynamics Between Banks and FinTechs: Lessons from Stenn's Collapse 🚨 The recent collapse of Stenn, a once-prominent invoice financing provider, underscores the complex and evolving relationship between traditional banks and FinTechs. Stenn, valued at $900 million in 2022, was placed into administration following concerns raised by HSBC over potential irregularities in its transactions. This incident highlights critical issues shaping the future of banking and financial technology partnerships. What does this mean for the future of fintech? - Real-Time Data is Non-Negotiable: Traditional banks must prioritise real-time data capabilities to monitor and manage their investments effectively. This ensures transparency and minimises risks associated with irregularities. - Regulation vs. Innovation: FinTechs often operate under different regulatory frameworks, which can lead to shortcuts that traditional banks cannot afford to take. Balancing innovation with compliance will be pivotal moving forward. - Trust in Partnerships: While traditional banks have increasingly embraced collaboration with FinTechs, incidents like these highlight the need for robust due diligence and trust-building measures to ensure sustainable partnerships. - A New Era of Collaboration: FinTechs are no longer seen as competitors but as partners in innovation. The entire ecosystem must remain vigilant (not just banks) to avoid potential pitfalls in these relationships. The collapse of Stenn is not just a cautionary tale but a call to action for both sectors to strengthen governance, enhance transparency, and foster trust. The road ahead will likely see more consolidation, stricter oversight, and a greater emphasis on partnership dynamics. 💬 What are your thoughts on how banks and FinTechs can better navigate these challenges? Let’s discuss below! #FinTech #BankingInnovation #RiskManagement #RealTimeData

🚀The Fintech Ecosystem: Embracing Ownership and Control🏦💻 In a rapidly evolving financial landscape, the fintech ecosystem is undergoing a seismic shift. Our latest blog post explores how financial institutions are moving towards greater ownership and control of their infrastructure, driven by recent industry shakeups and the need for future-proofing. Key highlights: • The Synapse collapse: A wake-up call for the industry • Lessons learned: Why ownership matters in fintech • The game-changing role of AI in reshaping financial services • New opportunities emerging in the market Read the full post to discover how this transformation is redefining partnerships, influencing regulations, and creating exciting opportunities in the fintech world. Are you ready for the next wave of fintech innovation? Share your thoughts below! 👇 #Fintech #BankingInnovation #FinancialTechnology #AIinFinance

Exciting times for the banking industry as CaixaBank commits to a significant €5 billion technology investment over the next three years. This strategic move highlights their dedication to enhancing digital capabilities and staying competitive in a rapidly evolving environment. By focusing on generative AI and digital infrastructure, CaixaBank is setting a benchmark for innovation and customer service excellence. Additionally, it's inspiring to see such a strong emphasis on sustainability, with plans to mobilise over €100 billion in sustainable finance. This includes: ·      Green products ·      Energy renovation services ·      Energy efficiency solutions ·      Partnerships with electric car makers This comprehensive strategy not only aims for financial growth but also reinforces CaixaBank's role as a leader in sustainable banking. Kudos to CaixaBank for leading the charge in technological advancement and sustainability! What are your thoughts on these initiatives? How do you think they'll impact the banking sector and society at large? #FinancialInnovation #Sustainability #ElderCare #GreenFinance #BankingTech

Unlock the power of scalable lending with our latest infographic! 📊💼 Ready to transform your lending operations? Check out our infographic to learn more about the game-changing benefits of scalable lending engines! View the blog: https://lnkd.in/eBMc5sVV #FinTech #LendingInnovation #ScalableSolutions #BusinessGrowth

Unlock the power of scalable lending to transform your business! 📈💼 In today's fast-paced fintech world, a scalable lending engine isn't just an advantage—it's essential for growth and success. Our latest blog post explores how this game-changing technology can revolutionise your operations: 🚀 Accelerate growth without proportional cost increases 🔍 Enhance risk management with data-driven insights ⚡ Boost operational efficiency by 20-30% 🔐 Improve regulatory compliance 🌟 Deliver superior customer experiences Discover how automation, cloud infrastructure, and AI can propel your lending business to new heights. Read the full article to learn implementation strategies and key components of a truly scalable lending engine. Don't let outdated systems hold you back. Embrace the future of lending and position your business for sustainable growth. Read more #Fintech #ScalableLending #DigitalTransformation #BusinessGrowth

🚀 We're Hiring! Contract Opportunity - Join Bankable as our Marketing Manager 🚀 Are you a dynamic and creative Marketing professional looking to lead innovative campaigns that drive growth and engagement? If so, we want to hear from you! We're seeking a skilled Marketing Manager to join us on an initial 3 month contract. You'll be shaping our brand's voice and elevating our market presence in the Lending-as-a-Service space! What do we need from you? Well, if you're experienced in driving customer acquisition, developing and executing go-to-market strategies and creating compelling product messaging then we would love to hear from you. If you have experience in the Lending-as-a-Service or FinTech space that is a huge plus! This is a remote-first role, but we're ideally looking for people based in London or Barcelona. There is also a possibility that this role will be extended beyond 3 months. For more information, please reach out to the team Tom Morgan, Julio Hailu or Indi Tatla. #jobopportunity #marketingmanager #contract #marketing

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A decade of innovation and excellence in FinTech was celebrated at the Innovate Finance Global Summit in London. I want to thank Innovate Finance CEO *super* Janine Hirt and her brilliant team for being strong advocates of the UK FinTech industry. As a speaker at Guildhall, I was honoured to share insights and discuss the future of financial services. See you next year! #InnovateFinance #FinTech #Bankable #weareheretopartner #becomebankable

Bankable CEO Eric Mouilleron to step down after 13-year tenure Announcing his decision on LinkedIn, Mouilleron says that it is with a “bittersweet mix of emotions” that “the time has come for me to pass the CEO torch and embark on a new chapter of my journey”. https://lnkd.in/e9zufGBt

Eric Mouilleron has announced he is stepping down as CEO of Banking-as-a-Service (BaaS) provider Bankable after 13 years in the role. Announcing his decision on LinkedIn, Mouilleron says that it is with a “bittersweet mix of emotions” that “the time has come for me to pass the CEO torch and embark on a new chapter of my journey”. #bankable #ceo #board #stepdown #baas #digitalbanking #banking #startup #fintech #fintechnews