Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs. Jack Henry expanded its partnership with SMA Technologies.

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Bank Innovation

JUNE 27, 2017

INV Fintech, this site’s sister accelerator, announced a partnership today with Shanghai-based JadeValue, an incubator and investment fund, to enhance financial technology startups in both the United States and China. INV, […].

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PYMNTS

APRIL 30, 2019

Ireland has been ramping up to boost FinTech efforts — a trend that has spanned several countries globally. As reported this past week, per Yahoo Finance , Ireland wants to see as many as 50,000 people employed directly within the country’s international financial services sector, with a target date of 2025. In the U.S.,

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PYMNTS

NOVEMBER 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. Sam Tay , CEO of FinTech Aptiv8 , noted that his company offers an app for foreign workers. Singapore itself has a growing economy, with 1.4

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PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. The Fed And FinTech Firms. The money will be used to build engineering staff.

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PYMNTS

OCTOBER 6, 2020

Razer Fintech and Visa have unveiled a new prepaid card, dubbed the Razer Card, now in its test phase. The Singapore-based financial technology company said the move is part of its goal of establishing “the world’s first global youth bank.”. The rewards setup will be “ gamified” and use an in-app system.

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Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. “Our members tell us Brexit has had a chilling effect on investment,” Innovate Finance chief executive Lawrence Wintermeyer told the BBC. Flight to safety?

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PYMNTS

NOVEMBER 15, 2018

Contactless payment company Mobeewave announced the closing of a $16.5 The investment funds will enable the Montreal-based startup to continue to deploy its patented solution in markets around the world, develop new product offerings and expand the company’s head count.

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PYMNTS

AUGUST 2, 2016

In looking ahead at the near-term emergence of FinTech markets, the U.S. Department of Commerce’s International Trade Administration said in its “ 2016 Top Markets Report Financial Technology ” that Asia will hold sway over other regions. Payment services, with … 17.6 percent, insurance services at 7.7

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Let's Talk Payments

JUNE 7, 2019

FinTech is not an exception here. We were looking at MEDICI startup database stats of new FinTech startups & their growth stories and came across many interesting cases of new players that secured good equity in order funding within one year of entering the market.

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Accenture

SEPTEMBER 25, 2017

It’s a concept that banks and financial technology (fintech) companies should—and are—quickly learning. Five years ago, industry watchers forecasted fintech to be the imminent and dramatic demise of traditional banking. Likewise, fintechs are realising that flying alone can be energy sapping.

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PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The card program allows financial institutions to establish commercial cards and rewards programs and to manage those accounts.

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PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. JPMorgan Ups Security By Blocking FinTechs From Passwords. Ant, Razer Join Rally For Singapore eBank Licenses.

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Let's Talk Payments

AUGUST 1, 2017

Financial technology is a burgeoning industry with many new startups hitting the playing field every year. With ever-increasing competition, early implementation of business intelligence and analytics capabilities can have a.

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PYMNTS

JANUARY 15, 2019

based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. investors have placed new funds with U.K.-based ” Beringea, based in both the U.K.

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PYMNTS

FEBRUARY 20, 2018

19) that they had inked a deal to collaborate and support FinTech initiatives called the Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement). According to a press release , the two organizations will support each other’s efforts via the FinTech initiatives LabCFTC and FCA Innovate.

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PYMNTS

APRIL 7, 2020

It’s all hands on deck as companies across industries take measures to aid the national and global response to the coronavirus pandemic. While Bottomline found a way to develop a new solution to help SMBs and banks during this time, the FinTech has also found itself in a position to aid companies with the technology it already has.

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PYMNTS

JANUARY 19, 2021

UK To Require Companies To Pay Small Businesses In 30 Days. Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion. Grab, the Singapore-based financial technology firm, is reportedly considering a U.S. initial public offering (IPO).

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PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Visa Launches FinTech Collaboration Initiative In Europe. Poland's mBank Taps Treasury Pricing FinTech.

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CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. And, at later stages, Lightspeed POS went public on the Toronto Stock Exchange in March, raising $240M and seeing its shares jump 26% on the company’s first day of trading. The 2019 Canadian fintech market map. Data is as of 10/8/2019.

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PYMNTS

JANUARY 30, 2017

Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. The fund invested in a slew of FinTech startups, including Lending Club, SigFig and Orchard. By providing financial technology knowledge to early-stage companies, we are able to offer a unique and much-needed service.

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Insights on Business

NOVEMBER 13, 2017

It ensures Data Provider A can share its content with Analytics Provider B, which is leveraged by an ontology developed by Cognitive Computing Company C. We’re inviting our partners to innovate with us and pioneer new solutions that will benefit the financial services industry at large. Disrupt an industry.

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PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

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Innovation US Metro Washington 124

The Paypers

OCTOBER 20, 2023

US-based fintech company Galileo Financial Technologies has offered its Galileo Payment Risk Platform to the entire financial services ecosystem.

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BankDeals

FEBRUARY 5, 2021

The German financial technology company Deposit Solutions launched an online savings marketplace in the US late last year called SaveBetter.com.

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The Paypers

MAY 10, 2021

The US Department of Justice has been investigating whether financial technology companies may have erred while distributing billions of dollars in pandemic aid to struggling SMEs.

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CB Insights

APRIL 22, 2020

The median US-based SMB has 27 days of cash reserves on hand, meaning that it can only pay its expenses — with no cash inflows — for less than a month. GET THE 102-PAGE State of fintech REPORT. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups).

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PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise.

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PYMNTS

DECEMBER 6, 2020

Bloomberg reported that Charles Wong , who will be chief executive of the new digital bank, said in an online briefing Friday night that the 200 new hires will work in technology in general — and in some cases, financial technology in particular. That gives us a touch-point that enables us to embed financial services.”.

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Digital Banking Operations US Financial Technology 170

PYMNTS

JULY 7, 2020

FinTech AeroPay has launched a new suite of digital payment solutions intended for cannabis businesses, according to a press release. The company calls its strategy “smart bank transfers,” referring to the way the tech can handle the entire cannabis supply chain from grow ops and suppliers to retailers and drivers.

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Payments Survey Industry US 185

PYMNTS

SEPTEMBER 24, 2020

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. The investment and its associated valuation put the company's total value in excess of $1.2 billion, according to a company blog post.

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PYMNTS

DECEMBER 4, 2019

Accounts payable FinTech Finexio has announced $2.5 In a press release , the company said a range of backers participated in the funding round, though they declined to name the investors. The expansion capital will be used to fuel Finexio’s growth, the company noted. The company reportedly facilitates nearly $2.5

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PYMNTS

AUGUST 9, 2018

Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. Finastra, FIS and Fiserv declined to comment when contacted by Fintech Futures, while U.S. Last year, Fiserv acquired Dovetail , a payments software company, noted the report. Elan processes credit cards for 1,800 banks in the U.S.,

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PYMNTS

APRIL 6, 2020

Existing investors included Voyager’s parent company PLDT, China’s Tencent , International Finance Corp (IFC), private equity firm KKR and IFC Emerging Asia Fund. The money will be used to help Voyager’s expansion efforts in the Philippines. The money will be used to help Voyager’s expansion efforts in the Philippines.

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Payments Innovation Branding Fintech 136

PYMNTS

JUNE 9, 2020

Nium , a financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s FinTech Fast Track program. The company said in a prepared statement : “Currently, business owners rely on outdated card management systems as part of their corporate bank accounts.

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Cards Financial Technology System Management 134

Chris Skinner

FEBRUARY 21, 2017

Tell us a little bit more about your history prior to Monzo. At university I started a company that went onto Y Combinator in 2007, but I had to leave at that time. I think the word FinTech wasn’t yet around. After studying law at Oxford, he went back to business and is now Co-Founder and CEO of digital bank Monzo.

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Study Training Fintech Digital Banking 283

Jessica Ellerm

NOVEMBER 26, 2015

Perhaps more famous for a world cup winning rugby team and hobbits, New Zealand also boasts a thriving technology scene – populated by both homegrown companies and multinationals. Quite an adjustment all us expats have had to make living in countries like the UK or Australia. I kid you not. Read more here.

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