PYMNTS

JANUARY 15, 2019

-based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. and U.S.,

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PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The Fed And FinTech Firms.

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PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system. faster payment system.

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PYMNTS

MAY 5, 2020

APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments. The platform al so offers automated workflow, document management, forgiveness management and servicing functionalities.

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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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Let's Talk Payments

AUGUST 7, 2017

A moment of ‘weakness’ turned into an opportunity Financial technology startups can undoubtedly be credited with accelerating the pace of innovation adoption in the financial services industry, and wealth management,

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PYMNTS

JUNE 23, 2020

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

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Payments Source

JUNE 6, 2018

Innovations such as automated smart safes can make it easier to track the flow of paper money, reducing theft risk, and cut down on the number of armored truck pickups, according to Sam Bosch, president and CEO of Peregrin Financial Technologies.

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PYMNTS

MAY 16, 2016

The innovators at SmartStream Technologies have introduced the first solution from its SmartLabs innovation center, and it’s a tool for financial services companies to streamline the reconciliation process. According to the company, it takes only minutes for the solution to identify matches and invoice exceptions.

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PYMNTS

JUNE 1, 2020

Any sudden shock to the system like we have observed with the pandemic exposes both vulnerabilities and opportunities, especially for payments. Payments are going to really exist in the context of our behaviors, of our expectations, of our norms, how we’re conducting the rest of our lives,” said Bottomline’s Eberle.

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PYMNTS

DECEMBER 17, 2018

Western Union has announced a partnership with Chinese digital payments company JD Digits , which will advance digital cross-border money movement and payments in China. It allows us to effectively span consumer money movement and business payments globally, while staying ahead of FinTech advancement.

Payments 128

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PYMNTS

JUNE 15, 2020

To offer businesses a simple way for supervising expenditures, digital financial technology firm Wirecard is teaming with Payhawk to roll out a new Visa card, according to an announcement. The cards will come in both a digital and tangible medium, and managers can supervise budgets in real time. In March, Payhawk notched $3.35

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PYMNTS

AUGUST 4, 2020

Grab Financial Group (GFG), a Southeast Asia financial technology (FinTech) and ridesharing company, is expanding its reach with the announcement on Tuesday (Aug. 4) that it will offer consumer loans in Singapore along with wealth management products. Grab also has received $2.6

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PYMNTS

DECEMBER 18, 2020

Since there’s no way back, the payments industry is now cutting new pathways. financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. Additionally, duplicate payments are just as serious and will impact the buyer’s cash flow. “An Look Again.

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PYMNTS

FEBRUARY 29, 2016

Just because businesses are interested and willing to adopt payments innovations doesn’t mean it’s going to happen. Other key players in the adoption curve include government entities and financial institutions, says Bottomline Technologies Managing Director of Digital Banking Norm DeLuca. Value Propositions.

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PYMNTS

NOVEMBER 15, 2018

Contactless payment company Mobeewave announced the closing of a $16.5 million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. This is a major market validation of our payment acceptance platform, and highlights Mobeewave as an industry leader in the FinTech space.”.

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PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. In the case of Same Day ACH in the U.S.,

Payments 141

Payments Fraud Security Data 141

PYMNTS

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Besides engineering, we are investing in growing and scaling data science, analytics, and product management organizations to transform Hyderabad into a full spectrum tech site for Uber.”. of India (NPCI).

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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

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation.

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Celent Banking

MARCH 31, 2015

Last week was busy for Celent: on Monday we hosted our annual Innovation and Insight Day at Carnegie Hall (more on that later). The Banking Team recognized nineteen model banks across five categories: Digital; Omnichannel; Legacy and Ecosystem Transformation; Innovation and Emerging Technologies; and Payments.

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PYMNTS

FEBRUARY 16, 2017

According to Bloomberg , the Monetary Authority of Singapore published a new consultation paper that revealed new and existing venture capitalists will no longer be subject to the same rules that apply to fund managers overall, including capital requirements and business conduct regulations.

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PYMNTS

FEBRUARY 16, 2017

After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? Plus, there is a competitive edge to the tactic, enabling the owners of these technologies to see their solutions integrated into more services, reaching more end users.

Payments 189

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PYMNTS

MARCH 2, 2020

Fajardo added that the partnership will empower businesses by offering financial services that will help them create a positive economic impact. “As She added that the companies have a common goal of advancing financial inclusion in the country. “We

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PYMNTS

OCTOBER 9, 2018

9) said Billtrust Founder and CEO Flint Lane is joining Bento for Business’ board as the company moves to expand its presence in commercial payments, business banking and treasury management. With their strong management team and customer-centric focus, Bento is already a category leader.”

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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. The purchase price was not disclosed. Paytm said it is in the process of acquiring a 100 percent stake in the company.

Financial Technology 181

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PYMNTS

OCTOBER 30, 2019

The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services. Blockchain’s future is here, but we must remain rational,” he said, according to state-run news outlet the People’s Daily.

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PYMNTS

OCTOBER 8, 2019

The world is moving toward better technology, simpler design and instant access to data and automated analytics,” said Mark Smith, Citi Global head of liquidity management services, treasury and trade solutions. “We Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology.

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PYMNTS

AUGUST 4, 2020

The complicated transaction includes commitments for a $250 million common stock private placement from investors that include Franklin Templeton and Wellington Management Company. Such dealings involve companies such as small business lending platform Kabbage , Ansonia Credit Data and B2B credit and payments systems provider MSTS.

Fintech 159

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Bank Innovation

DECEMBER 24, 2019

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

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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). This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”.

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Bank Innovation

APRIL 30, 2018

EXCLUSIVE— As open banking sweeps through Europe with the launch of PSD2, GDPR, and other regulations focused on transparency, North American financial institutions might want to consider looking to blockchain or artificial intelligence for their own compliance challenges.

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PYMNTS

APRIL 10, 2020

But, as Karen Webster and Recurly CEO Dan Burkhart noted during the latest “The Week in Payments” conversation, even a changed world has a way of continuing to turn. Deals have a way of continuing to happen, and this week the FinTech world saw a big one in the form of SoFi snapping up Galileo Financial Technologies for a total price of $1.2

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PYMNTS

JULY 30, 2020

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Plaid is connected to more than 11,000 financial institutions.

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PYMNTS

JULY 31, 2018

Welcome to The Axis, your late look at payments news from around the world. 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.

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PYMNTS

JANUARY 7, 2019

Welcome to The Axis, your late look at payments news from around the world. fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. In addition, U.K.

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PYMNTS

AUGUST 10, 2016

What have the powerhouses Starbucks and Airbnb managed to do better than anyone else? Clerico has built WePay from the ground up through his innate love of people and by building relationships with customers to provide them with a payments platform that is exactly what they want and need. BC: We only build what our customers want.

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