Futurum Analyst in Residence Jared Klee analyzes Circle’s custody partnership with New York Community Bank and the crypto company’s successful follow through on the ambitious goals of Circle Impact to extend services to people and communities all too often left behind by traditional financial services.
Temenos and Zafin Availability on IBM Financial Services Cloud Platform Shows Banking-aaS Technology Stack Starts to Gain Traction
Futurum Research Senior Analyst Steven Dickens provides his take on the announcements this week by banking software and SaaS vendors Temenos and Zafin as they look to partner with IBM Cloud. Banks have unique regulatory, security, and transactional requirements and industry-focused cloud offerings are being developed by hyperscale public cloud vendors to service these unique requirements and software vendors play a key role in driving adoption.
Bitcoin Becomes Legal Tender in El Salvador — and What This Means for FinTech
Futurum Research Senior Analyst Steven Dickens provides his analysis of the adoption by El Salvador of bitcoin as legal tender and what this means for Fintech and the global payments and money transfer providers. In a historic move, the country of El Salvador has adopted the cryptocurrency bitcoin as legal tender.
Square Announces Afterpay Acquisition, Potentially Disrupting Everyone
Futurum Research Senior Analyst, Steven Dickens provides his take on payments provider Square’s acquisition of Buy-Now-Pay-Later leader Afterpay. With the landscape for payments and fintech being disrupted daily, this acquisition will disrupt everyone from the credit card providers, to banks, as well as the wider digital payments landscape.
Temenos Pivot to Banking-as-a-Service Seems Like Right Move at the Right Time
Futurum Research Senior Analyst, Steven Dickens provides his take on the Q2 earning of banking solutions provider Temenos and the company’s pivot to Banking-as-a-Service, which seems like the right move at the right time.
Old School Financial Services Giants NCR and Fiserv Get Into Crypto
Futurum’s Steven Dickens provides analysis on the recent news coming out of NCR, NYDIG and Fiserv around Bitcoin infrastructure, with old school financial services giants helping to fuel Bitcoin adoption. As Bitcoin moves beyond a speculative asset to a medium of exchange these infrastructure developments will become increasingly important.
IBM Financial Services Cloud Collaborates with Lotte Card on Transition to Hybrid Cloud
There have been some big wins recently for IBM’s Financial Services Cloud, including the company’s partnership with South Korea’s Lotte Card, alongside the CaixaBank deal. We predict there’s more business where that came from.
Visa’s Acquisition of Plaid is a $5.3Bn Bet on the Future of Finance
Visa’s acquisition of Plaid is a $5Bn bet on the future of finance, and it’s a smart bet at that. With some 11,000 bank and financial services company clients, covering 200 million consumer accounts, Plaid is currently providing connections for 80 percent of the largest U.S. fintech apps. That’s no small market share — and that’s only the tip of the iceberg. Today, Plaid’s APIs are used by one in four people in the U.S. with a bank account — there’s tremendous opportunity for growth. In addition, this acquisition provides multiple opportunities for Visa. Here’s a look at some of those opportunities, thoughts on what’s ahead for Visa and for Plaid, as well as what we expect in the fintech market in the months ahead.