Bank Innovation

JANUARY 17, 2018

London bank Standard Chartered has created an investment unit for financial technologies and innovation, the bank reported today. Under the heading ‘SC Ventures,’ the unit will focus on the bank’s existing “minority investments in fintech,” as reported by Reuters, while also searching for new fintech investments.

Fintech 249

Fintech Financial Technology Innovation Report 249

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. billion (~30 times revenue) in stock was part of SoFi’s ambitious vision to become the “AWS of Fintech.”

Financial Technology 156

Financial Technology Technology Fintech Community 156

Bank Innovation

JUNE 27, 2019

On Tuesday, Beth Knickerbocker, the chief innovation officer for the Office of the Comptroller of the Currency (OCC), delivered testimony to the House of Representatives' Task Force on Financial Technology. The Innovation Pilot Program would […].

Innovation 170

Innovation Report Financial Technology Fintech 170

Jack Henry

APRIL 7, 2022

Partnering with large financial technology companies can be a tremendous opportunity for fintechs to gain exposure to more financial institutions and end-users. Regardless, there’s no doubt that these mutually beneficial relationships regarding fintech in the banking industry are the future.

Fintech 148

Fintech Financial Technology Innovation Industry 148

PYMNTS

JULY 21, 2020

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). Much is at stake when it comes to the country’s FinTech businesses. Last year, it attracted 4.1 billion pounds ($5.2

Fintech 174

Fintech Ohio Financial Technology Innovation 174

William Mills

FEBRUARY 8, 2024

In the ever-evolving landscape of financial technology (Fintech), where innovation and competition are the norm, the ability to generate high-quality leads is crucial. For Fintech companies looking to serve financial institutions, effective lead generation is not just a strategy, it's the lifeline for sustainable growth.

Strategy 81

Strategy Fintech Financial Technology Innovation 81

CFPB Monitor

DECEMBER 4, 2023

Tomorrow, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing entitled “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services.” The witnesses will be: Valerie A.

Innovation 78

Innovation Financial Technology Policies Compliance 78

Bobsguide

MARCH 21, 2022

CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best FinTech Person of the Year: Alexander Sokol, CompatibL. Igor Tsitavets, CompatibL’s President and CEO, says: “We are honored to be shortlisted at this year’s FTF News Technology Innovation Awards.

Innovation 147

Innovation Technology Risk Management Analytics 147

Bank Innovation

FEBRUARY 21, 2018

EXCLUSIVE – Greenlight Financial Technology, a fintech startup for kids, has raised $16 million in a Series A funding round today, Bank Innovation has learned. Greenlight Technology is a combination of P2P and PFM features on a mobile app, and is unusual in that it focuses on children.

Fintech 249

Fintech Financial Technology Mobile Innovation 249

Perficient

JULY 11, 2022

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. The Congressional House Financial Services Committee held a hearing last fall, “Buy Now, Pay More Later?

Fintech 474

Fintech Trends South Dakota Apple 474

Bank Innovation

MARCH 23, 2020

Financial-technology firms including PayPal Holdings Inc. Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., government funding. and to permit the firms to […].

US 259

US Fintech Lending Capital 259

PYMNTS

FEBRUARY 21, 2019

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A A firm that offers financial technology is not necessarily a FinTech,” said Provenir Managing Director Paul Thomas, who thinks the distinction between the two needs to be clearer.

Fintech 189

Fintech Financial Technology Technology Industry 189

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 banks have also agreed to share data on emerging markets.

Fintech 211

Fintech San Francisco National Innovation 211

Independent Banker

OCTOBER 31, 2022

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. The fintech landscape is shifting. have begun investing in fintech providers that can arm them with the capabilities to bundle their services and streamline processes.

Fintech 126

Fintech Kansas City Community Bank Community 126

Bank Innovation

MARCH 9, 2017

Citi Group named long-time executive Yolande Piazza the head of Citi Fintech today. Piazza, a 30-year financial technology veteran, who has been serving Citi in a variety of roles since 1988, will lead the group’s efforts in mobile, payments, and general fintech innovation.

Fintech 170

Fintech Financial Technology Innovation Mobile 170

Bank Innovation

JANUARY 11, 2019

Distributed ledger technology will be crucial to innovation in digital banking this year, according to a poll conducted by Bank Innovation. For the December poll, Bank Innovation asked readers to name a technology, aside from the obvious - artificial intelligence, that would be most prominent in 2019.

Financial Technology 170

Financial Technology Technology Innovation Digital Banking 170

Chris Skinner

JULY 21, 2017

The problem is that old systems and legacy technologies stop the bank moving forward into the nimble and agile future on offer today, and this is exactly what FinTech start-ups believe they can exploit as it is clearly a weakness for the large banks. Some call them legacy, others call them handcuffs, but whatever they are is a problem.

Fintech 361

Fintech System Apple Technology 361

PYMNTS

MARCH 26, 2019

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release. The group members will be picked based on expertise across all FinTech -related issues.

Groups 135

Groups Fintech New York Financial Technology 135

PYMNTS

NOVEMBER 25, 2019

MiddleGame Ventures has launched a new €150MM fund targeting FinTech investments in Europe and North America. MGV’s Venture Fund I has already made three representative investments in financial technology startups in the UK: Nivaura, Railsbank and Gardenia Technologies.

Fintech 141

Fintech America Innovation Industry 141

Bank Innovation

APRIL 7, 2020

In a year of major fintech acquisitions, SoFi today announced a $1.2 billion deal to acquire Galileo, a financial services API and payments platform that powers big names like Chime and Robinhood.

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

Bank Innovation

MAY 10, 2019

House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech and artificial intelligence. The chair of the task […].

Fintech 186

Fintech Lending Financial Technology Technology 186

Bank Innovation

JANUARY 10, 2018

EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts. The feature allows the […].

Atlanta 305

Atlanta Fintech Financial Technology Technology 305

Let's Talk Payments

MARCH 23, 2017

Financial technology startups – often called FinTech(s) – have been at the forefront of financial innovation, prompting the traditional banking sector to recognize these new innovative technologies and agile business.

Innovation 98

Innovation Fintech Financial Technology Technology 98

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. It takes significant financial resources to maintain the entire payment contraption — and it also requires funding to add to that system from a capital improvement or innovation perspective in addition to the people costs.

Company 209

Company Fintech Payments Software 209

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.

Fintech 259

Fintech United States Financial Technology Technology 259

Bank Innovation

AUGUST 14, 2019

When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders. European fintech companies raised $3.3 billion valuation. billion in venture capital in the first […].

Fintech 170

Fintech Financial Technology Capital Online 170

PYMNTS

AUGUST 3, 2018

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability. FinTech Improvements.

Fintech 115

Fintech United States Regulation Innovation 115

Bank Innovation

SEPTEMBER 20, 2017

EXCLUSIVE – One thing is clear: more and more fintechs are looking to create better interaction to engage users. One such fintech is Greenlight Financial Technology. Besides the obvious social media channels, another social phenomenon which seems to be advancing is gamification.

social media 244

social media Fintech Financial Technology Technology 244

PYMNTS

AUGUST 4, 2020

Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. Paya is set to merge with FinTech Acquisition Corp. The deal is part of the move toward market consolidation for FinTechs. The deal values Paya at about $1.3 ” Betsy Z.

Fintech 159

Fintech Software Lending Financial Technology 159

PYMNTS

AUGUST 8, 2019

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The latest lab will aim to promote collaboration between the bank’s employees, corporate clients and FinTech partners to develop new financial services for businesses.

Innovation 100

Innovation San Francisco Leadership Big Data 100

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.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

JULY 10, 2020

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. As it turns out, other industries can benefit from technology that addresses those same pain points.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

NOVEMBER 15, 2018

“This is a major market validation of our payment acceptance platform, and highlights Mobeewave as an industry leader in the FinTech space.”. Thanks to its secure and patented technology, Mobeewave paves the way to widespread adoption of mobile payment acceptance,” said Jonathan Cohen Sabban, NewAlpha’s managing director.

Mobile 199

Mobile Fintech Samsung Capital 199

The Paypers

DECEMBER 21, 2022

The Central Bank of Cyprus (CBC) has launched an Innovation Hub in the field of financial technology (fintech), to encourage and support domestic financial innovation, according to Cyprus Mail.

Fintech 56

Fintech Company Financial Technology Innovation 56

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.

Fintech 115

Fintech Regulation Innovation Financial Technology 115

PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. Only 13 percent say they’re willing to jump on the innovation bandwagon.

Financial Technology 127

Financial Technology Technology social media Taxes 127

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. There were 1,436 fintech deals globally, attracting $17.4bn in investment, Innovate Finance says, with China outpacing the US for the first time. Flight to safety?

Fintech 150

Fintech Capital Innovation US 150