Social Media Fintech

Digital banking is here to stay. Banks that turn their focus toward strengthening digital customer experience can solidify relationships for the long term, secure more business with new and existing customers, and thrive well into the future.

As consumers continue demanding better digital experiences, banks and credit unions should be focused on greater virtual access and convenience.

The emergence of financial technology upstarts — “fintechs” for short — is forcing small and mid-sized banks to evolve, leading industry watchers to the conclusion that only those who adapt will survive.

Denim Social today announced it has completed a $5 million Series B round of financing with FINTOP Capital and partner, JAM FINTOP BankTech, an investment fund designed to help develop and accelerate technology adoption at community banks across the United States.

As the fintech industry has grown in recent years, more and more banks have partnered with these companies to enhance the digital customer experience. Banks eager to improve their relationships with fintech partners and realize the full potential of bank and fintech collaboration can start by taking a few structured measures.

From a platform that employers can use to test software development job candidates to software that aims to improve how companies deploy field services workers, software-as-a-service (SaaS) companies have made a splash in transforming workplaces in 2021...