Gonzobanker
MARCH 9, 2022
The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. Fiserv was already a part owner when in early February it acquired the remaining portion of 2016-founded cloud-based Finxact.
PYMNTS
DECEMBER 6, 2018
Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. The current funding round follows a late 2016 round that raised $28 million. A large portion of the money — $75 million — was from KKR, a global investment firm.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Chris Skinner
MAY 17, 2016
Things we’re reading today include … Financial technology start-ups need power of the EU behind them Costs of overdrafts to fall as part of UK banks overhaul Big Four banks benefit from regulator’s featherlight approach Lloyds shares yield £130m for Treasury Chinese bank buys London gold vault Lending Club shares dive on regulatory (..)
PYMNTS
MARCH 13, 2017
Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.
Bank Innovation
APRIL 14, 2017
Over the past two years, the transaction volume in the financial technology and information technology sectors remained relatively flat. According to the investment bank Berkery Noyes, there were 870 financial technology and information industry M&A transactions from the beginning of 2015 through to the end of 2016.
CFPB Monitor
FEBRUARY 13, 2017
However, like the FTC’s letters on its 2014 and 2015 ECOA activities, the letter on 2016 activities does not describe any 2016 FTC ECOA enforcement activity and only contains information about the FTC’s research and policy development efforts and educational initiatives. The survey could be a prelude to such rulemaking.).
PYMNTS
NOVEMBER 29, 2016
There is neither a shortage of controversial topics in financial services or financial technology nor a shortage of subjects that tend to polarize people. Arguments about payday loans have a habit of quickly devolving from polarized to outright acrimonious pretty quickly — and 2016 has seen that habit get very, very ingrained.
Expert insights. Personalized for you.
136 
Let's personalize your content