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LONDON–(BUSINESS WIRE)–The global third-party banking software market is expected to grow at a CAGR of over 8% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.

Learn more about how COVID-19 is impacting the third-party banking software market – Request a free sample report

Many organizations are expanding their business in new geographies and acquiring new customers. The growth in the customer base has increased the number of online transactions, which has increased the demand for digital payment solutions. In addition, the rising number of customers seeking help with financial decisions and investments is contributing to the growth of the global third-party banking software market.

Third-Party Banking Software Market: COVID-19 Impact

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Electric mobility company Lime is launching a new mobility-as-a-service (MaaS) platform that allows third-party transport providers to offer their vehicles directly inside the Lime app.

The launch comes amid a growing push to combine multiple forms of transport inside a single app, with giants like Uber leading the “multimodal” charge.

With nearly $1 billion in funding since its inception three years ago, Lime has emerged as one of the most recognizable brands in the electric scooter and bike space, particularly in the U.S. and Europe. To expand its presence and cover more urban transport needs, the company is now partnering with Wheels, the Los Angeles-based startup behind an unusual pedal-free electric bike.

Wheels

Above: Wheels ebike

Lime says it chose Wheels as its inaugural partner because of its “unique design” and the “safety and accessibility benefits” it offers.

The format of the integration will be familiar to anyone who has used

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Apple is no longer selling headphones and wireless speakers from companies like Sonos, Bose, and Logitech, as it prepares to launch a new, lower-cost HomePod and AirPods Studio headphones.


According to checks performed by Bloomberg, Apple removed headphones and speakers from Bose, speakers from Logitech’s Ultimate Ears brand, and Sonos speakers from its online Apple Store at the end of September. Searching for these products, which were previously sold online and in retail stores, brings up no results.

Employees at Apple retail locations have also allegedly been asked to pull third-party audio products from shelves over the course of the last few days. Retail stores and the online store continue to offer Beats-branded headphones and speakers alongside Apple’s AirPods and ‌HomePod‌.

Apple has made similar moves in the past, eliminating stock of fitness trackers ahead of the launch Apple Watch. Apple told Bloomberg that it regularly makes changes to

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  • Wells Fargo will enable customers to share financial data with third parties via Envestnet | Yodlee’s platform.
  • This move will help the bank take advantage of pandemic-driven use of financial wellness apps.
  • Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing. You can learn more about subscribing here.

Customers of the major bank will be able to share their financial data via an API with over 1,400 third-party financial applications that use the Envestnet | Yodlee Financial Data Aggregation Platform.

wells fargo fintech accelerator_4x3

Wells Fargo ups third-party fintech data-sharing capabilities.

BII


Going forward, Wells Fargo intends to offer clients more fine-grained control over how they share their financial data by allowing them to toggle data sharing on and off and manage what data is shared with Envestnet | Yodlee-supported apps within Wells Fargo’s digital Control Tower feature. The bank plans to start launching the

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