Jean-Francois Amyot’s Post

In an increasingly competitive consumer lending space, the #banking industry stands at a crossroads—embrace the tech of the future or face obsolescence.  But how can #banks keep up with the rapid pace of #innovation? According to our Chief Growth Officer, Leslie G. Gillin, partnering with fintechs can help banks lead consumer lending innovation. In her latest piece for Fast Company, Leslie explores 4 key trends driving this shift and how they’re transforming the future of consumer lending. Read the full article: https://lnkd.in/dXkMfcPw #Lending #Fintech  #AI

Excited to share my latest piece for Fast Company, where I dive into strategies for #banks in an increasingly competitive and fast-evolving consumer #lending space. As banks stand at the crossroads of tradition and transformation, it's clear that embracing #fintech is a necessity. From increasing partnerships with AI-based tech companies like Pagaya to leaning into fast-growing asset classes such as point-of-sale (POS) financing, banks have multiple strategies available to them as they adapt to meet evolving consumer expectations. Take a read below and let me know your thoughts!

With the digital revolution changing the face of nearly every industry, commercial banking is not exempt. Now, an emerging trend is fundamentally reshaping the way we think about this sector, and that trend is white-label digital lending. Is it revolutionising the landscape of commercial banking? We delved deep into this topic in our latest article. Fintech One, a Dallas-based venture is at the forefront of this change. Founded by financial titans Jennifer Smith, CFA, and Robert Davis, CFP, Fintech One offers a white-label digital lending platform to various financial institutions. This cutting-edge solution promises to usher in a new era of efficiency and performance in banking. Kindly find the complete story here: https://lnkd.in/e-h8vAyf Join us in diving deep into this era-changing phenomenon. Let's explore the potential transformation that white-label digital lending can bring to commercial banking! #CommercialBanking #FinTech #DigitalLending #WhiteLabelBanking #BankingInnovation #SaaS

🔔Extraordinary things often come from the most unexpected places. As we look towards the future of retail banking, one small SME lender in Poland is stirring the waters and causing a ripple effect that's too significant to ignore! 🔔 🌐 Nest Bank, a startup founded by Marek Kulczycki, is not merely functioning as an SME lender. They're changing the game by providing safe, reliable banking services that cater to those who prioritize family first. Every product offered by Nest Bank S.A. is conceptualized from honest and direct conversations with their clients – promising nothing short of stability and trust in every interaction. ☑️ In a fast-paced world where digital banking is gaining momentum, @Nest Bank marries the best of both worlds by offering 24-hour mobile and internet banking services and retaining the warm, human touch through direct customer interactions. Venture over to this must-read article: "Is this Polish SME Lender Redefining the Future of Retail Banking?" and discover how this Polish underdog could potentially be the dark horse in the global banking industry. 👉 https://lnkd.in/drujAEG8 Nothing beats witnessing an innovative startup disrupting an entire industry! Kudos to Marek Kulczycki and the Nest Bank team for this monumental milestone. #RetailBanking #Innovation #SME #Startup #Fintech #NestBank LinkedIn: https://lnkd.in/dcSe8vm8.

Lending Is No Longer a Value-Add for Fintechs, It’s a Must-Have - John Downie, CEO of SteadyPay I believe that the payments sector is an industry that has the most potential to realise from the evolution of technology. As fintechs, we have the unique ability to embed financial services where they are most needed among a customer base that numbers billions rather than millions. As part of that discussion, we need to look at lending; once reserved as a value-add for particular customers, it has become an integral part of what it means to be a fintech, and has the potential to completely redefine the financial journey for customers. According to industry analysis by Allied Research, the global fintech lending industry is projected to soar to $4.9 trillion by 2030. https://lnkd.in/eDbVp3bT #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Learn how have fintech and neobanks changed finance for B2B business and B2C consumers in metro and regional areas pre and post-covid. https://lnkd.in/gSx9tsxe #neobanks #fintech #financetrends #b2bbanking #bankinginnovation

🚀 We're thrilled to announce the launch of our latest innovation, the “Payouts API”, designed to transform payment processing for businesses.   With our new B2B payments-as-a-service solution, businesses now can:   💸 Automate real-time payment processing and loan management 🔄 Receive instant payment status updates and callbacks 🔒 Ensure top-notch security with advanced multifactor authentication 📈 Boost revenues!   myTU’s Payouts API is a game-changer for consumer lending providers, offering features like instant loan payouts, automated repayment reminders, and more.   Our co-founder and CEO, Raman Korneu, sums it up perfectly: “The launch of our Payouts API represents a significant leap forward for myTU and our clients. We've created a solution that addresses the pain points faced by businesses, enabling them to operate more efficiently and effectively in an increasingly competitive landscape”.   For more details, read the full press release in FF News | Fintech Finance here: https://lnkd.in/eKQhQs6h   Connect with us to learn more about how the Payouts API can benefit your business 👉 https://lnkd.in/dZFvyVus   #myTU #Fintech #Innovation #PaymentProcessing #APIs #Automation #Payouts

Fintech firms continue to pressure legacy players globally by providing more banking, payments, and lending products and services, and by showing growth and demand. This Datos Insights Retail #Banking & Payments Fintech Spotlight looks at seven #fintech #vendors leveraging #technology to connect with #customers more effectively and offering more choices in how to pay for things. The vendors profiled include 10x Banking, FlexCharge, Highline, Mashgin, Oscilar, Plinqit, and TerraPay.

🔎Exploring the future of consumer lending in Fintech! 🏦 As we move into 2024, fintech leaders are laser-focused on enhancing features and the member experience to capture the massive total addressable market. The rise of AI-driven credit models, embedded payment solutions, and innovative tech are shaping the future of consumer lending. Discover the insights shared by industry experts and learn how these advancements can benefit consumers and businesses alike. Check out the full article: https://lnkd.in/g_vuwdEP #Fintech #ConsumerLending #Innovation #ArtificialIntelligence #FutureOfFinance

Embedded Lending is imperative now for platforms and brands to stay relevant to customers’ needs and demand. It is key for Consumer and Small Business focused businesses. Short cut is partnership with dedicated lending fintech providers What is driving the market - in recent interview with John Downie, CEO SteadyPay, enabling partners to provide frictionless lending #embeddedfinance #embeddedlending #lendingasaservice #contextual #frictionless #steadypay #ffnews