Category: Fintech

Just learned of Open Banking? Let’s talk about it, learn what it is, and how it can affect you and your banking habits.

There are a lot of hurdles that can slow down or even derail the customer journey. Today’s buyers want convenience and speed, and are quicker than ever to abandon their journey when faced with a poor experience. In fact, more than 60% of consumers say that their standards for customer service are rising, but 54%…

When you use your card on an app, very often the way that’s handled is through a powerful partnership between a financial technology company (fintech) and a bank. But how do these partnerships work? Are they beneficial? Read on to learn all you need to know about fintech partnerships with banks. What Is a Fintech…

Although the history of financial technology stretches back to the first electronic funds-transfer systems of the early 20th century, the true potential of fintech has only recently become apparent. With the advent of easily-available smart-device technology, new financial services (such as online/mobile banking) and currency systems (such as cryptocurrency) further cemented the connection between finance…

What is an API? An API, or Application Programming Interface, is software that allows two applications to communicate with each other. In essence, APIs consist of code and protocols that deliver user responses to a system and the system’s response back to the user. APIs are important because it provides access to data between different…