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.

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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 […].

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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.

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Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

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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. As reported, Singapore has been working on other cross-border initiatives as well.

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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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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.

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Payments Dive

MARCH 4, 2016

The company has already signed two cooperation agreements — one with international customer interaction solutions provider NF Innova and one with Hungary-based financial technology company E-Group.

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PYMNTS

MARCH 17, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. China has become an emerging FinTech market due to its expanding middle class, rapid digitization and electronic payments adoption.

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PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). FinTech Efforts In Africa. The sandbox, Reuters reported, has four phases.

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Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

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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. This has meant the adoption of mobile payments that make it easier for these workers to send their earnings back to their home countries.

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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.

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PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. As a new national bank, Varo joins the world’s most respected system of financial institutions and has the opportunity to become a household name as many other national banks have become.”.

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Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

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Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

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Bank Innovation

MAY 14, 2018

Most veterans of the financial technology space can confess to some cynicism about new technology and products. Consumers, especially those with genuine day-to-day financial struggles, don't seem to see much improvement. We're all still waiting for blockchain and mobile payments to transform the financial system.

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Bank Innovation

JANUARY 17, 2019

regulators have taken a greater interest over the last year in technology startups promising to reinvent finance. This newfound attention is compelling the biggest names in fintech to prioritize a part of their business that’s often ignored.

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PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. Mobile phones will become banks.”. The payment system, called CoDi, is slated to launch in March. It’s not clear whether a state system in Mexico will be easy to use.

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PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. But it has also led to two firms controlling more than 90% of the mobile payments market.”

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PYMNTS

AUGUST 28, 2019

In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

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Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security.

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PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

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PYMNTS

JANUARY 25, 2021

In today’s top digital-first banking news, German neobank N26 has hired a new chief financial officer (CFO) as it eyes a future initial public offering (IPO), while FinTech app Goalsetter has raised $3.9 German FinTech N26 Eyes IPO With Hiring Of New CFO. Goalsetter, the financial technology upstart, has landed $3.9

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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. Mobile Wallet Provider Mynt Pulls in $175 Million in Funding.

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PYMNTS

OCTOBER 29, 2018

Berkshire Hathaway, the Warren Buffett investment company, has been getting in on the FinTech market, investing hundreds of millions of dollars during the past few months. Berkshire has historically shied away from technology investments, because Buffet said it was out of its area of expertise, noted the paper.

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PYMNTS

FEBRUARY 16, 2017

The Institute for Money, Technology & Financial Inclusion (IMTFI) at the University of California, Irvine announced Wednesday (Feb. According to UCI, the first report to come out of the center, which is slated for later this year, will look at the drivers of financial technology change, as well as consumer adoption.

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PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. But in a new PYMNTS interview on Tuesday (Dec. But that’s not all. “We

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PYMNTS

MAY 28, 2018

It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up, a trend that looks certain to continue. The deal is newsworthy because the mainstream view still sees banks and FinTechs as adversaries, each competing for payment and financial services revenue.

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PYMNTS

JULY 31, 2018

Coverage includes Accenture ’s FinTech Innovation Lab Asia-Pacific. Europe’s Billon has signed a letter of intent with financial technology provider FIS to explore joint product development and sales opportunities for its corporate blockchain solutions. “FIS

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Bank Innovation

MARCH 1, 2019

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

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PYMNTS

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. Ant Group is best known for its wildly popular payment and loans app Alipay , which has both online and mobile platforms. Chinese regulators are looking to strengthen the rules for FinTechs. The company did not elaborate.

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PYMNTS

JULY 19, 2018

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. Traditional banks and other financial institutions are undergoing tremendous pressure right now to compete in an environment where they are faced with enormous scrutiny from government regulators looking to mitigate risk.

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PYMNTS

APRIL 10, 2020

Consumers aren’t so much becoming different people, as PYMNTS’ latest mobile wallet adoption data indicates, but they are reevaluating a lot of priorities as they are recentering their lives on digital. Mobile Wallets’ Moment to Shine? A challenging task, as customers can still be quite surprising. Not So Much. percent to 3.3

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PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Or, said more simply, Plaid provides an API layer that sits between banks and FinTech innovators who want to access bank account information for what they are doing and makes the connection possible.

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Insights on Business

DECEMBER 10, 2017

The dominant story is that fintech startups and banks are better off as friends than foes. Fintech, once seen as a disruptor, is now becoming a mainstream and also a collaborating partner. Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device.

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BankDeals

MARCH 29, 2021

The financial technology company (fintech) known as Beam that offered a high-yield bank account is banned from offering banking services.

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