Ultimately, whatever options banks and fintechs deliver for this next phase of the pandemic must appease not only the merchants but their customers as well.

It isn't lost on Fiserv that consumers increasingly are moving to digital financial services. Its deal to acquire Ondot Systems, a digital card solutions platform, aims to capitalize on the shift.

Fifth Third is partnering with Provide and Panacea Financial works with Sonabank in Virginia to meet the specialized needs of medical professionals who own their own practices.

Banks are good at updating tech for customers but need to do it for staff

From brokering insurance contracts to financial settlements, smart contracts could bring immense innovation to CBDCs that otherwise would act as little more than an augmented medium of exchange, says Cypherium's Sky Guo.

The bank will now let business customers receive and pay invoices from within online and mobile banking.

Open banking will drive an unprecedented move by banks, payments and technology firms to integrate and collaborate on banking-as-a-service, says Prime Trust's Scott Purcell.

Sells, American Banker's Digital Banker of the Year for 2020, says he will help the New York fintech startup create digital currency products for banks.

Cash is fading in the Middle East, and traditional banks are turning to fintechs to expedite upgrades before challenger banks and digital wallets seize the advantage.

Tech pioneer Bill Gates praised India’s policies for financial innovation and inclusion, saying his philanthropic foundation is working with other countries to roll out open-source technologies modeled on the country’s implementation.