Category: Doing Business Overseas

While banks continue to invest in their digital capabilities, most consumers are not ready to fully commit to a digital bank with no physical presence. A survey by research company UserTesting found that just 12% of consumers say they would use a fully digital bank. The survey included 3,800 bank consumers from the United States,…

Tyro Payments enables in-person, contactless payments for its users. The new functionality is made possible courtesy of an integration between Apple’s Tap to Pay on iPhone and Tyro BYO App. Tyro Payments made its Finovate debut at FinovateSpring 2017. Australia-based Tyro Payments announced today that its customers in-country can now accept in-person, contactless payments. Courtesy…

First Community Bank selected Jack Henry as its core provider as the bank continues to grow its client base. The Michigan-based bank expects to grow 10% annually for the next three years, Chief Executive Daniel Clarke said in a release. “The reason we went with Jack Henry is because they had the horsepower behind them,”…

The launch of FedNow is finally around the corner and it’s been a long time coming, industry experts told Bank Automation News. “The launch reflects an important milestone in the journey to help financial institutions serve customer needs for instant payments to better support nearly every aspect of our economy,” Tom Barkin, president of the…

FinovateSpring 2023 is only days away! If you have already registered for our annual spring fintech conference – May 23 through May 25 – great! We’re looking forward to showing you the latest innovations from many of fintech’s most exciting companies. We’re also happy to be returning to San Francisco, California – where there’s plenty…

Farm Bureau Bank is implementing tech from cloud-based fintech nCino for commercial and retail loans, treasury management services and deposit accounts to operate across one platform.   Farm Bureau Bank signed with nCino on Oct. 31, 2022, to move parts of the bank’s operations to a cloud environment to better align functionalities, Mark Cromer, chief operations and technology officer at…

Solve Finance has partnered with credit analysis tool ScoreNavigator and home financing ecosystem Better.com. The company’s Debt Optimizer is helping its customers understand their debt-to-income ratio (DTI), and ultimately qualify for financing. The company is teaming up with Better.com to launch a feature to optimize consumers’ home-buying power. Solve Finance recently unveiled two new fintech…