ClearBank’s Post

'Agency banking is critical to fintechs’ success. (...) but in in 2020, a slight majority (51%) felt that their agency banking provider had helped their business. This has now slipped to just 29%...' This report unpacks the reasons for the loss in confidence, as well as the steps banks need to take to ensure they better serve fintechs. An eye opening read - download it via the link below

Agency banking is a critical factor in driving fintech success. 🚀 Our latest report dives into those relationships and examines the substantial changes that have occurred over the last four years. How can agency banks maintain long-standing relationships with fintechs? Get in touch with me to find out more.

There’s been a shift in the perception of fintechs towards their agency providers in recent years. In our latest report, we delve into the factors influencing this shift and highlight what fintechs now expect from their agency banks. Check it out 👇

There’s been a shift in the perception of fintechs towards their agency providers in recent years. In our latest report, we delve into the factors influencing this shift and highlight what fintechs now expect from their agency banks. Check it out! 📃 

There’s been a shift in the perception of fintechs towards their agency providers in recent years. In our latest report, we delve into the factors influencing this shift and highlight what fintechs now expect from their agency banks... Check it out! 📃 

Our latest research, 'How well are fintechs served by banks', reveals a significant change in sentiment towards agency banks. Discover how these trends are affecting partnerships, what fintechs are looking for and how the industry is reacting. 🔎 https://lnkd.in/eAkXpfAC

Banking regulators want to regulate and regulate more. That is the natural reaction to the banking collapses last year in the US and in Switzerland. The thoughts of the Fed’s Vice Chair for Supervision are worth reading - see link in comments to an article from my colleague Pete McIntyre. Here is how I am thinking about what this tells us. Not so long ago, I spoke to one of the regulators here in Europe. He was very clear that collectively the central banks and the prudential regulators are looking very closely at Intra-Day liquidity. That makes sense. Alongside that, I can see those regulators looking to have tools at their disposal which can be used more quickly. I think they will be far, far more aggressive in cleaning up open audit points. They will want to see capabilities in action, not nice PowerPoints about theory or intentions. The good news in all of this is that Planixs has one of those tools: Realiti. The other news is that just over the horizon will be the possibility to do more atomic trading and settlement on an intra-day basis. However, all that new technology and the new marketplaces won’t be accessible unless you have great control of your intra-day liquidity management. So with my futurologist hat on, I would say to financial services market participants, you have the choice to act now and take advantage of what will change in the next couple of years. #BankingRegulation #RiskManagement #Realiti #realtimetreasury

FIS's latest research shines a light on the generational trust gap facing traditional banks in today’s #digital age. With social media becoming the primary source of #financial advice for younger generations, traditional #banks are at a critical juncture to evolve and to claim their role as trusted advisors. This shift underscores the urgent need for banks to offer personalized, data-driven solutions to maintain consumer #loyalty. Discover how banks can bridge this gap and enhance trust by reading the full press release: http://spr.ly/6048qpuxi

FIS's latest research shines a light on the generational trust gap facing traditional banks in today’s #digital age. With social media becoming the primary source of #financial advice for younger generations, traditional #banks are at a critical juncture to evolve and to claim their role as trusted advisors. This shift underscores the urgent need for banks to offer personalized, data-driven solutions to maintain consumer #loyalty. Discover how banks can bridge this gap and enhance trust by reading the full press release: http://spr.ly/6041qrVsX

Here’s the City AM article on Challenger Banks. This sector has a problem and for all their rapid onboarding and fintech abilities the issues are basic around data, culture and management. They seem to have grown past their controls. https://lnkd.in/efikb9-G