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nanopay: The Global Middleman For Payments

PYMNTS

As corresponding banking shrinks, said Cooke, direct point-to-point communications require multiple hops, and that can lead to more fraud, more mistakes and more mouths to feed along the way. Third, it reduces the anti-money laundering (AML) risk. Finally, it reduces the spread banks must offer to the end user.

Payments 101
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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. And we are not sure if the NCR inflow should even be considered “new money.” billion or $22.8

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Fintech Fundings: 23 Companies Raise $120 Million Week Ending Oct 30

Fintech Labs Insights

HQ: New York City. HQ: New York City. Clarus Financial Technology. HQ: New York City. Tags: Small biz, SMB, financial management, billing, invoicing, accounting, bookeeping. Source: Crunchbase. Electronic trading marketplace for corporate bonds. Source: Crunchbase.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

HQ: New York City. HQ: New York City. Bridge Financial Technology. Back-office platform for financial advisors . Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Total raised: $3.0 HQ: Sunnyvale, California. Source: Crunchbase. Latest round: $2.6

Company 12
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37 Corporate Innovation Labs In Finance

CB Insights

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. It plans to roll out over two dozen bots in late 2018 to financial institutions for testing.