June 6, 2025

it

Banking

The Convergence of Fintech and Banking: The Gap Between UX and Functionality Is Closing: By Alex Kreger

In the past decade, the financial landscape witnessed a dramatic transformation driven by two distinct forces: fintech startups and traditional banks. Initially, fintechs emerged as UX-rich but often monofunctional challengers, while banks remained service-rich but struggled with digital customer experience. Today, however, these lines are blurring — fintechs are expanding into full-scale banks, and traditional

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Banking

Sparkasse: Error in the S-pushTAN app paralyzes online banking

The savings banks’ online banking had to contend with massive disruptions on Sunday. The release of transactions with the S-pushTAN app failed. However, the problem is said to have been resolved meanwhile. The first reports appeared on the Allestörungen portal at around midnight, rising to more than 4,500 by midday on Sunday. Since then, the

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