Bank Innovation

DECEMBER 11, 2018

Bank of America today announced new features to the billpay functionality of its mobile app, including allowing users to search payment history from up to two years ago. In an email this morning to its customers prompting them to download the mobile app (which the bank does on a regular basis), BofA also revealed a set […].

America 170

America Mobile Payments Capital 170

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing.

America 168

America Regional Regulation Fintech 168

PYMNTS

AUGUST 9, 2019

The company is reportedly in talks with online used car site Kavak and FinTech Konfio, which aids small businesses in getting loans. . SoftBank recently announced a $5 billion Innovation Fund solely focused on Latin America , and it has been researching startups in Mexico especially. SoftBank is working to change that. .

America 109

America San Francisco Meeting Regional 109

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. For example, Trumid is an online trading platform providing corporate bond market professionals with direct access to liquidity.

America 101

America Lending Cards San Francisco 101

PYMNTS

MAY 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. The company is also reportedly in talks with international investors about raising $50 million via an equity round that QMS Capital is handling.

Fintech 116

Fintech Marketing America Report 116

PYMNTS

JUNE 29, 2020

Wealthfront , the online investment service firm, has added checking features to its app. In an interview with PYMNTS earlier this month, Mzukisi Rusi , head of technology delivery in North America at Entersekt , said the stage has already been set for the shift to digital.

Fintech 151

Fintech California New York ATM 151

Bank Innovation

JULY 5, 2018

Bank of America has Erica, Capital One has Eno, Bank of Montreal has Bolt. Safe to say that most major banks are at least exploring the possibility of a virtual assistant, if they don’t already have one. And there is more to this virtual assistant than just the cool factor, for banks these chatbots improve […].

America 305

America Capital Online Innovation 305

PYMNTS

MAY 29, 2018

Global Fashion Group, which operates fashion Websites in Russia, Latin America, and Southeast Asia, took a hit because of a decline in the Russian rouble and the Brazilian real. Rocket CEO Samwer did note that Jumia, which is still losing money, may need to raise capital during the next two years.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

JUNE 28, 2018

Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Mexico suffers the most cyberattacks in Latin America, followed by Brazil, according to the latest analysis from the Wilson Center. Fraud is a Top Worry. But that may now change, he said. The Wider Costs of Cyberattacks.

America 102

America Security Miami Conference 102

PYMNTS

MARCH 29, 2020

As a potential recession lurks, FinTechs, traditional banks and other financial institutions (FIs) are tightening the reins on loans to small businesses and households with shaky credit, The Wall Street Journal reported Saturday (March 28). Square and On Deck Capital are among the FinTechs planning to follow suit in the coming days.

America 198

America Capital Cards Lending 198

PYMNTS

AUGUST 7, 2019

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 Monashees Capital and Canary also invested in Volanty in this round after last year providing 19 million reais ($4.8 SoftBank launched a $5 billion Latin America fund in March, the largest investment of venture capital funds the region has seen.

America 119

America Regional Fintech Capital 119

PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. For small business lenders and for FinTech too, expansion is key; but for Biz2Credit, expansion is literal. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. “We all know banks are a key source of capital for small and medium businesses,” Phelan told PYMNTS in a recent interview. Yet, the small business lending gap remains.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

NOVEMBER 18, 2016

KPMG had some bad news for the FinTech world this week. Along with CB Insights, KPMG researchers found in their latest quarterly analysis that FinTech investment by venture capitalists declined across the globe in Q3 of this year. Their “ Pulse of Fintech “ report found $2.4 Alternative Lending. P2Bi nvestor.

Fintech 100

Fintech US Capital Community 100

PYMNTS

SEPTEMBER 3, 2018

The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments, online and mobile commerce, and related areas. The deal between the two countries comes as other global FinTech partnerships are being formed. The FinTech is Finserve Africa.

Fintech 111

Fintech Trends Innovation Groups 111

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

AUGUST 10, 2018

A week of more than $200 million for B2B FinTech firms across the globe shows that venture capitalists’ support for the space continues. With a focus on small retailers, ShopX offers online commerce and supply chain management services with support for mobile access to its services. Payroll is on a roll with investors , again.

America 100

America Capital New York Software 100

Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

Fintech 287

Fintech Marketing Cards Management 287

PYMNTS

AUGUST 21, 2018

Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. As noted in Insurance Business America , U.S. With FinTech’s Aid, Lending Down Under. The FinTech is Finserve Africa. The deal was reportedly done through a wholly owned subsidiary of Travelers.

Fintech 101

Fintech Lending Groups Digital Strategies 101

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

Bank Innovation

AUGUST 3, 2018

In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined. Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? Well, they don’t.

Fintech 186

Fintech Technology Report Company 186

PYMNTS

JANUARY 15, 2021

But it was an embedded finance FinTech that took home more than half of the funding announced. Its micro-financing portal targets SMBs that cannot access capital via traditional means. B2B payments FinTech Qolo has announced a $3.8 Sequoia Capital India led the Series A investment, TechCrunch reported. Modern Treasury.

Capital 167

Capital Fintech Operations Technology 167

Bank Innovation

OCTOBER 17, 2018

Just ask Bank of America, whose Erica crossed 3.5 million users, or Capital One’s Eno which claims to have one of the highest user ratings and can even communicate with consumers through text outside the banking app. Virtual banking assistants seem to be all the craze lately.

America 150

America Capital social media Online 150

PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. However, the biggest funding round of the week went to a company that is not yet in the B2B FinTech space, though it has plans to use the capital to launch a cross-border, small business (SMB) money-transfer service. Catch up on the latest investment rounds below.

Data 139

Data Capital Analytics Lending 139

PYMNTS

DECEMBER 3, 2019

Founded in 2013, Mexico’s Konfio will use the funds to expand working-capital loans to SMBs, and introduce new products, according to Director of Corporate Strategy & Investor Relations Gregorio Tomassi. Konfio previously raised around $300 million in capital and credit lines.

America 111

America Capital Analysis Groups 111

PYMNTS

SEPTEMBER 19, 2019

FinTech Stripe is raising $250 million in its latest funding round and has reached a pre-money valuation of $35 billion, according to a release on Thursday (Sept. Stripe is keenly interested in areas outside of North America and Western Europe, as about 5 out of 6 new users on the internet come from those other areas.

America 182

America Software Fintech Capital 182

PYMNTS

OCTOBER 9, 2020

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said during an online meeting that digital banks might face the same rules as traditional banks when the review is finished. Ripple unveiled its Line of Credit beta offering that it says lets its FinTech clients harness the XRP cryptocurrency to send international payments.

Digital Banking 132

Digital Banking cryptocurrency America Meeting 132

CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Track the LatAm fintech companies in this brief and many more on our platform. Track LatAm fintech companies. LatAm Fintech. 630+ items. Categories.

Company 65

Company Fintech Comparison Marketing 65

PYMNTS

JANUARY 4, 2019

The consumer finance branch of Goldman Sachs will pay online savings account customers a 2.25 Banks like deposits because they’re an easy and inexpensive way to get capital for loans. savers have been waiting for something for a long time,” McDaid said during the LendIt FinTech conference in London, which was covered by CNBC. “We

Conference 156

Conference Online America National 156

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Private technology companies in Latin America have raised over $5.8B Want the 12-page report for free?

Regional 50

Regional America Capital United States 50

PYMNTS

MAY 24, 2017

Here’s what they raised this week, by the numbers: $4 million | Seed funding raised by Long Game savings app , led by Collaborative Fund and Thrive Capital. 12 million | New equity secured by Blispay , the financing company for online merchants. SBI Group, Bank of America Merrill Lynch and HSBC led the investment.

Data 100

Data Capital America Groups 100

PYMNTS

SEPTEMBER 16, 2016

Latin America is making big gains in the realm of payments, but Mexico may just be the region’s standout star. The capital city is Mexico City, which alone is home to almost 9 million. The nation’s capital is also one of the world’s largest cities. Mexico’s GDP is $1,144 billion, while the current GDP per capita is $9,517.

Fintech 100

Fintech Capital Millennials Mobile 100

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

SEPTEMBER 8, 2020

Thunes, the FinTech startup that operates a global cross-border payments network for emerging economies, announced on Tuesday (Sept. The funding is intended to fuel its growth in Africa, Asia and Latin America. The new features include price reduction, online deal notifications and product alerts for customers. s devices.

Payments 141

Payments California Apple Video 141

PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. The centrally located city, which is globally recognized as a hub for European, African and Asian business, is placing its focus on boosting its status as a FinTech capital of the world.

Fintech 100

Fintech Regional Innovation Leadership 100

PYMNTS

MARCH 2, 2020

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2).

blockchain 141

blockchain Groups America Google 141

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. billion was invested in FinTech startups in Q3 2016 , calculated KPMG and CB Insights in their most recent Pulse Of Fintech report. and Europe dominated in 2015. 83% of U.S.

Strategy 100

Strategy Lending Capital America 100