Banks grow deposits and fees by partnering with FinTechs and embedded finance platforms.
What's happening
Banks are reporting deposits and fee income growth tied to partnerships with FinTechs and embedded finance platforms. Recent earnings and company examples cited include Fifth Third, The Bancorp and Pathward, which illustrate multiple models for converting relationships with FinTechs and platforms into deposits and fee revenue. The trend reflects banks using Banking-as-a-Service and API-based integrations to capture customer balances and transaction fees from embedded payments and platform-driven financial products.
Why it's trending
Earnings disclosures from banks and platforms are making the revenue impact of FinTech and embedded finance partnerships visible now.
SignalNewly emerging, confirmed across 2 independent source types.
Story volume
Stories per dayAngles you could write
If you think FinTechs are stealing bank customers, think again: banks are using partnerships with Fifth Third, The Bancorp and Pathward to turn those same FinTech relationships into deposits and fee income.
+2 more angles for this topic with an account — all it takes is your email.
Original sources4
- What is the difference between FinTech software and banking software?
Banking software generally supports core banking functions such as deposits, accounts, loans, transfers, and regulatory reporting. FinTech software is a broader category that can include payment applications, digital wallets, lending platforms, investment tools, insurance technology, financial analytics, embedded finance, and personal finance applications. Some FinTech products work with banks, wh
r/fintechJul 21 - Are fintech companies becoming infrastructure companies instead of consumer apps?
Over the last few years, fintech has shifted from building standalone apps toward becoming invisible infrastructure. Payments, banking, compliance, identity verification, and financial APIs are increasingly becoming embedded into other platforms. A few examples: Banking-as-a-Service enabling companies to launch financial products Embedded payments inside marketplaces and SaaS platforms API-based c
r/fintechJul 21 - Banks grow deposits and fees by partnering with FinTechs and embedded finance platforms.PluangJul 20
- Banks Tap FinTechs and Embedded Finance for Deposits
Embedded finance and the impact of FinTech pacts are showing up on bank balance sheets. There are different paths toward getting here. The latest earnings results from companies including Fifth Third, The Bancorp and Pathward illustrate a range of models for turning relationships with FinTechs and platforms into deposits and fee income. Fifth Third, which […] The post Banks Tap FinTechs and
PYMNTSJul 20
More rising in Fintech
- Visa Plans 2,600 Job Cuts With Tech and Product Teams Most AffectedSurging4.7Surging4.7 momentum
- Circle Snaps Up IBM's Blockchain Patents In Move That Could Reshape Digital PaymentsClimbing3.3Climbing3.3 momentum
- X Money Launches with Ambitious Features—and Lingering QuestionsClimbing3.3Climbing3.3 momentum
- Keenai appoints Singapore head for broader push into South East AsiaSteady0.9Steady0.9 momentum
- Rent payment fintech Flexible Finance applies for bank licenseSteady0.9Steady0.9 momentum
- Wise Group shares tank after U.S. bank charter rejected. What’s next for the fintech.Climbing3.3Climbing3.3 momentum