Banks resist Libra, Apple launches sign-in beta, Why InstaReM wants a digital banking license | | Can âElectiveâ Fees Work For Retail Banks? Aspiration Bank hopes to build a business around social-conscious investments and a model that enables customers to decide how much in fees they will pay, as explained in a new PYMNTS interview with Andrei Cherny, the bankâs CEO. But consumers tend to like their financial institutions, and such fee models have failed, elsewhere. What can Aspiration do that others have not? |
The Future Of Compliance: Use Data Better Itâs expensive to feign âI just didnât knowâ in financial services, especially when it comes to AML/KYC. Using data better can help turn the unknown into the knowable, notes Cognito CEO Alan Meier, by flagging even the most elusive fraudsters. |
i2c On Brex And 'Fast Twitch' Innovation Two years and a single product launch is at least 18 months too long in a world where faster is the de facto standard. The need for speed â and âfast twitchâ innovation â is whatâs driving FI innovation and what drove i2c's pair-up with corporate card FinTech Brex, i2C Executive Vice President Joe DeRosa tells PYMNTS. Details. |
| The Monday Conversation | InstaReM CEO: Why We Want A Digital Banking License The trouble with "big new solutions" in FinTech is that they are often created without looking for real problems. On the heels of the announcement that InstaReM will throw its hat into the Singapore digital banking license ring, CEO Prajit Nanu tells Karen Webster avoiding that trap means not only thinking big, but also thinking like an ecosystem. | | |
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