Peer-to-Peer Lending Vs. Bank Lending

Do you need to borrow money? Traditionally, people have turned to their local bank to take out a loan for a range of commodities like a house, car, or even a luxury vacation. In the past several years, peer-to-peer lending has become popular due to the banking crisis that has affected people’s ability to borrow Read more about Peer-to-Peer Lending Vs. Bank Lending[…]

Steps of the Loan Process Explained for Millennials

As millennials are establishing their place in the economy, more are borrowing money to purchase cars, houses, etc. The process has proven to be complicated and mistakes can be expensive. It is important to prepare yourself and to be informed about the process before taking out a loan. Do your research: Decide Where to Borrow Read more about Steps of the Loan Process Explained for Millennials[…]

Why Collaboration Between Banks and Fintech is the Right Step Forward

A few years back, it was predicted that fintech would make banks slowly disappear. Industry professionals predicted that 40% of revenues and 60% of retail bank profits were threatened by fintech rivals. But in recent years people believe that banks and fintech can work together.  People label the age of fintech in “three waves.”  The Read more about Why Collaboration Between Banks and Fintech is the Right Step Forward[…]

How Changing Consumer Needs Are Shaping Financial Services

Technological innovation led by fintech companies is shaping consumer expectations and demands in the financial industry. Banking customers want better service and optimized convenience when dealing with their finances, and they know technology can provide them with that. These expectations and demands are forcing banks to innovate their financial services to keep their customers satisfied. Read more about How Changing Consumer Needs Are Shaping Financial Services[…]

Community Banks & Their Benefits

Community banks are a solution for people who are looking for full banking services in their suburbs or towns. Legally speaking, community banks keep it simple. A majority are stand-alone or is owned by a bank holding company (BHC), which is a corporation designed for the purpose of owning a bank.  Your deposit in a Read more about Community Banks & Their Benefits[…]

Zikher Will Participate in Queen City FinTech Accelerator!

Zikher Will Participate in Queen City FinTech Accelerator!  Zikher is excited to announce its participation in Queen City FinTech among a class of financial technology startups!  San Francisco, CA. Zikher was selected along with twelve other fintech startups to participate in the Queen City Fintech accelerator program in Charlotte, North Carolina. This year, the program received an Read more about Zikher Will Participate in Queen City FinTech Accelerator![…]

Credit Unions & Their Benefits

If you’re wondering what credit unions are and want to know everything about them, then you’ve come to the right place! Investopedia defines a credit union as, “a member-owned financial co-operative that is created and operated by its’ members and profits are shared amongst the owners.” Credit unions are similar to banks in the sense Read more about Credit Unions & Their Benefits[…]

Millennials vs. Traditional Banking

Millennials are looking for banks that will give them that personal touch of banking and will judge banks based on their digital capabilities. If we are going to select a bank, an institution that will be responsible for managing­­ our money, you better believe that we are going to do our research and learn everything Read more about Millennials vs. Traditional Banking[…]

Financial technology Small banking fintech banking industry Dodd-Frank Act Dodd-Frank Repeal Pros & Cons: Repeal of The Dodd-Frank Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is a financial reform legislation passed by the Obama administration to decrease risks in the country’s financial system, in response to the financial crisis of 2008. In his presidential campaign, President Donald Trump vowed to repeal Dodd-Frank, and increase bank lending. The possible reasons Read more about Financial technology Small banking fintech banking industry Dodd-Frank Act Dodd-Frank Repeal Pros & Cons: Repeal of The Dodd-Frank Act[…]

How Fintech is Emerging

FinTech is at the forefront of the technological revolution in the banking industry, reshaping the status quo. Over the last few years, fintech has gained momentum in the the banking industry by making financial services faster and more accessible for businesses and consumers. Banks will have to innovate to keep up, or be left behind. Read more about How Fintech is Emerging[…]

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