CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Financial condition and competitive market environment and client base. Legal and regulatory compliance.

Community Bank 78

Community Bank Community Fintech Company 78

ABA Community Banking

MARCH 29, 2021

When consumers shop for a new savings account, their top consideration is strong safety, security and fraud protection, with 61% of respondents saying it was the top factor, according to a new survey from financial technology company SaveBetter.

Survey 52

Survey Fraud Security Financial Technology 52

The Paypers

FEBRUARY 9, 2024

Global financial technology company FIS has announced the launch of its Open Access platform, in order to secure Open Banking solutions for FIs and customers.

Financial Technology 45

Financial Technology Security Technology Company 45

PYMNTS

JANUARY 27, 2021

In a newly-announced partnership, B2B payments solution provider Billtrust is working with integrated payment solution technology firm REPAY Holdings to streamline supplier payment workflows with a particular focus on expanding virtual card adoption. Peoples Trust Secures CDIC Insurance For Payroll Cards.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

Technology 134

Technology Comparison Security Customer Experience 134

PYMNTS

SEPTEMBER 5, 2018

Intel has struck new collaborations with artificial intelligence (AI) companies to broaden its enterprise AI capabilities. 4) said Chinese technology firm Baidu is working with Intel to combine their artificial intelligence and cloud technologies. A press release on Tuesday (Sept. Those clouds run on Intel processors.

San Francisco 100

San Francisco Security Video Software 100

Perficient

JULY 11, 2022

BNPL companies exploded during the pandemic when many were struggling financially and doing more online shopping, and they have continued to grow in popularity among practically all industries. What Are Some Buy Now, Pay Later Companies? Which one is best for me?

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

NOVEMBER 17, 2020

Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company.

San Francisco 264

San Francisco Digital Banking Financial Technology Innovation 264

Bank Innovation

SEPTEMBER 14, 2016

Financial technology may be evolving at a rapid pace, but well, so is financial crime — meaning that the security of online and mobile payments is a constantly developing area and nowhere more so than biometrics. This is obviously of interest to financial institutions across the globe, like the company Read More.

Financial Technology 150

Financial Technology Mobile Security Online 150

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). USD) a year into financial technology companies. has been a hotbed of FinTech startups.

Guidelines 192

Guidelines Fintech Retail Financial Technology 192

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. The new funding is an extension of that round to $580 million while the valuation remains the same, the company said.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

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.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

APRIL 21, 2020

The FinTech company SoFi is making its first leap to go global with a big move into Hong Kong. The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there.

San Francisco 130

San Francisco Innovation Fintech Security 130

PYMNTS

JUNE 29, 2020

Valdis Dombrovskis , the EU’s executive vice president of the European Commission for an Economy that Works for People, told attendees of the Digital Finance Outreach 2020 , a series of events for the 27-nation bloc on financial technology companies, that Europe must become the leader in crafting rules for digital finance.

cryptocurrency 221

cryptocurrency Regulation Bitcoin Maine 221

PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. billion went missing from two Philippines banks.

Regulation 141

Regulation Guidelines Groups Report 141

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”. 12) announcement.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

PYMNTS

JULY 6, 2020

Paytm, the eCommerce payment system and financial technology company based in India, has announced plans to purchase Raheja QBE General Insurance Co. Paytm said it is in the process of acquiring a 100 percent stake in the company. The purchase price was not disclosed.

Financial Technology 181

Financial Technology Strategy Groups Innovation 181

PYMNTS

FEBRUARY 12, 2020

Artificial intelligence, automation and cloud computing company Esker has integrated with Stripe Connect to help companies streamline the processing of payments across borders using a single provider, according to a press release.

Payments 174

Payments Customer Experience Regional America 174

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.

Mobile 199

Mobile Fintech Samsung Capital 199

PYMNTS

OCTOBER 2, 2019

If there is no Tether, we lose a massive amount of daily volume — around $1 billion or more depending on the data source,” Lex Sokolin, global financial technology co-head at ConsenSys, said, according to Bloomberg. The company raised the equivalent of several billion dollars over approximately one year. A number of U.S.

Bitcoin 141

Bitcoin San Diego cryptocurrency Security 141

PYMNTS

JULY 10, 2020

That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access. Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

DECEMBER 16, 2020

Digital payment solution provider Veem unveiled central improvements to its routing technology inside of the country and abroad, according to a Wednesday (Dec. Our multi-rail technology is a game changer, offering an unprecedented level of security, speed and service to small business owners,” Veem CEO Marwan Forzley said in the announcement.

Payments 150

Payments blockchain Resources Technology 150

PYMNTS

AUGUST 2, 2020

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one.

Minneapolis 173

Minneapolis Denver New York Capital 173

PYMNTS

JANUARY 20, 2021

Procurement technology company JAGGAER has collaborated with TransferMate to provide offerings from “source to settle,” according to an announcement. Software companies, financial technology firms and financial institutions collaborate with TransferMate, according to the announcement.

National 142

National America Financial Technology Software 142

PYMNTS

JUNE 26, 2020

Dombrovskis told the Times he will ask the 27-nation bloc’s markets supervisor to evaluate BaFin’s handling of the one-time rising star German financial technology company. “We Wirecard’s rapid fall has rocked the EU.

Regulation 152

Regulation Capital Policies Course 152

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,

FDIC 166

FDIC Kansas City San Francisco Missouri 166

PYMNTS

APRIL 30, 2020

Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Darren Soto, a Florida Democrat, argued that blockchain provides security and can address the problems the IRS has faced in distributing funds during the crisis.

South Dakota 186

South Dakota Cards Wisconsin Payments 186

PYMNTS

SEPTEMBER 24, 2019

The CEO and founder of the New York payroll company MyPayrollHR was arrested and charged Monday (Sept. Michael Mann, 49, allegedly obtained millions in bank loans and lines of credit over the last decade that he diverted to fake companies, the United States Attorney for the Northern District of New York said in a statement.

Fraud 133

Fraud United States New York Financial Technology 133

PYMNTS

SEPTEMBER 20, 2018

20), Ant Financial announced the launch of Ant Financial Technology, a unit designed “to support the growth of financial institutions by improving user experience and lowering cost.” In a press release issued Thursday (Sept.

Branding 174

Branding Technology User Experience blockchain 174

PYMNTS

JULY 10, 2020

Rapyd, the B2B financial technology-as-a-service company, launched an integrated payment solution in Mexico, allowing companies to access all local payment methods through one network, according to a news release. Rapyd supports more than 900 payment methods in more than 100 countries, the company said. billion.

Payments 153

Payments America Capital Online 153

Let's Talk Payments

JUNE 7, 2019

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.

Fintech 107

Fintech United States blockchain Financial Technology 107

PYMNTS

APRIL 9, 2020

Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions.

Fintech 209

Fintech Payments Oregon Cards 209

PYMNTS

JUNE 23, 2020

The 50-year-old executive faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers, the Financial Times reported. The company has nearly 6,000 employees in 26 countries worldwide.

Fraud 318

Fraud Analytics Report Financial Technology 318

PYMNTS

JUNE 3, 2020

will see TrueLayer be appointed to the Crown Commercial Service’s Payment Acceptance Framework for three years, enabling the technology company to seamlessly set up payment initiation services with government entities. RevoluPAY Secures PSD2 License. An agreement with the U.K. VCs Back RapidAPI.

Fintech 171

Fintech Tools Technology Meeting 171

William Mills

AUGUST 9, 2016

William Mills Agency, the largest independent public relations and content marketing firm specializing in the financial industry, is pleased to announce today that it will provide PR services, trade show support and social media services for Tennessee-based, ACH Alert.

Fraud 40

Fraud Company Tennessee social media 40

PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.

Data 173

Data Google Fintech Groups 173