@Fiserv#FISVproud to welcome Transact Bank N.A to Precision community. Helping established business and startups conduct global commerce through API driven open banking services.
As use of HDHPs, which come with higher out of pocket caps, continue to climb, healthcare payments will have larger tranx sizes and associated processing revenue. https://t.co/YJEUfmMSAr
Curious to see if this evolves into an exclusive Costco-type of relationship for Goldman Sachs MasterCard or if similar integration will be open to other bank issuers / networks. https://t.co/sN04AV1bnM
This has very little to do about crypto (vs digital token) and more about a blueprint for global real-time interbank settlement. https://t.co/oJXV9aYNfR
GTM and innovation will be limited for fintechs if you always need a sponsor bank. Regulations have historically been the largest moat for traditional FIs. #fintech https://t.co/847HAtRLsi
Recent moves by Plaid & Stripe (w/ Cross River & Twilio) highlight how APIs are enabling new economy cust journeys even when interfacing w/ legacy networks/solutions. FIs of all sizes should learn how these companies can extend their market reach. https://t.co/dC6JsmzyoX
Given the deposit squeeze surprised more mid/community banks/CUs not certified for CFE, especially w/ their local community focus. Helpful for mobile-only banks to grow base and overlay subscription tiers for add-on services. https://t.co/ksY5wBxACk
Moving to a Blockchain world, interoperability is needed between fiat & token accounts, private & public ledgers/networks, this is where the Earthport platform can help Visa especially given its focus on the cross border tranx #blockchain#payments#RTP https://t.co/TVi30XXa12
Crypto popular w/ social apps in search for further monetization. Business case proven in black market but struggles in regulated market. Stablecoins provide some cover but would like them to promote a global identity standard #money#mobilebanking#kyc https://t.co/1Vy6Vuz6TG
A learning from the initial hype of chatbots is that they need to deliver new capability versus just being another channel for existing functionality. https://t.co/xQw6YcHgHD
You donβt need to be a startup to be good at leveraging tech to increase engagement. A great example of how mobile is changing communication protocols and why you need to focus on more than your app rating. #mobilebanking https://t.co/XVCasPHJ7Q
With top 3 banks in US taking deposit share coupled with the disruptive ethos of neobanks, the squeeze for mid-size FIs will only intensify https://t.co/U66WP8C8YL
The story for me is less the business model for Zero Financial and more the view into the era of open banking. Small / Mid-size banks looking to capture deposits should take note - 160k people on waiting list! https://t.co/AT3qNmraNT
Happy BDay! Bitcoin. Canβt believe you are already 10. The future for you is very bright. Looking forward to see how you shape the future of fiat currencies, global identity, global trade across black, grey and white markets. https://t.co/KtWjZhp1uD