PYMNTS

DECEMBER 9, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

JULY 2, 2020

Payroll card provider Global Cash Card has reportedly lost its legal battle against the New York Department of Labor, which had imposed regulations on payroll card companies in an effort to protect employees against unfair fees. ADP Eyes Payroll Card Adoption Jump. Galileo Launches Contractor Pay Card.

Cards 208

Cards New York Capital Compliance 208

South State Correspondent

SEPTEMBER 20, 2023

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. We have also included the IBIS World 2024 risk ratings to provide some context for the credit and operating risk of the counterparty.

Management 195

Management Survey Industry Community Bank 195

PYMNTS

MAY 17, 2019

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. As it stands, almost 200,000 desktops at over 1,500 banks as well as buy-side firms tap into the company’s operating system. Reuters reported.

Software 134

Software New York Risk Management System 134

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. Company hires nearly 100 new staff globally in H1 2022, including senior appointments to support expansion. The expansion has been accomplished through cross-selling products to existing customers and new client acquisition.

New York 87

New York Software Capital Leadership 87

Jeff For Banks

APRIL 27, 2023

Industry pundits in the know about everything financial technology and financial technology firms will soon be clinking martini glasses saluting each other and telling stories about their profitability and number of bank installs they have under their belt. It is a veritable "who" of financial technology firms.

Financial Technology 78

Financial Technology Strategy Fintech New York 78

Bobsguide

JULY 21, 2022

The new non-executive board appointments are: • Thomas Chippas : Tom brings nearly 30 years of experience working for some of the world’s most sophisticated banks and financial technology businesses. Tom brings significant crypto expertise to the firm and is based in New York.

Leadership 88

Leadership New Jersey America Capital 88

PYMNTS

JANUARY 16, 2020

New day, new multi-billion-dollar deal within the payments space. To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. 16) that it would buy Global Blue , a payments company based in Switzerland, for $2.6 billion euros.

Payments 100

Payments Taxes Groups Fintech 100

PYMNTS

AUGUST 27, 2019

ABA’s request stems from concerns about rising fraud levels at CUs, as well as New York City’s recent taxi medallion scandal. Ventura County Credit Union will purchase LA Financial Credit Union, giving the combined CU 120,000 members and $1.3 For more on these and other credit union news items, download this month’s Tracker.

Data 122

Data Report Los Angeles California 122

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. Another technology in discussion will be the ever prevailing blockchain technologies. IBM keynote. This session will take place Wednesday, June 20 from 12:00 to 1:00pm.

Conference 70

Conference Fintech blockchain Compliance 70

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. And some marketplaces in Asia are growing their services through tie-ups.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

SEPTEMBER 16, 2019

The FBI is formally investigating the issues, and New York Gov. And DailyPay , a NYC-based financial technology company that enables employers to provide on-demand access to employee wages, has created a $25,000 fund to pay for overdraft and/or late fees for those affected employees, up to $100 per employee.

System 175

System New York Millennials Payments 175

PYMNTS

JANUARY 26, 2017

The city is able to attract investors due to its low logistical and operational costs and excellent infrastructure, international outlook and liberal government policies. Dubai is considered to be a hotbed for financial technology and innovation, not just in the Middle East but globally. 2016, the inflation rate was 0.12

Fintech 100

Fintech Regional Innovation Leadership 100

Gonzobanker

DECEMBER 19, 2022

The New Name for Community Award. Goes to Frank Sorrentino of Connect One Bank , who humorously and insightfully defined his bank’s move into Florida as the “6th Borough of New York.”. This was a year when executives witnessed first-hand how a failed digital conversion impacts strategic, reputation, and operational risk.

Community 216

Community Fintech Industry Innovation 216

Tomorrow's Transactions

JANUARY 23, 2017

We know this, because at the end of 2016 the US Office of the Comptroller of the Currency (OCC) said that it was going provide a new national bank charter for fintech companies. From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker. The payment card was invented by New York lawyer.

Payments 30

Payments Regulation National New York 30

CFPB Monitor

JULY 21, 2022

Currently, and depending on the facts, the BSA often does not apply to payment processors, who often fit into an exemption under the BSA’s definition of a “money services business,” or MSBs, subject to AML requirements.

United States 78

United States Taxes Regulation Compliance 78

Fintech Labs Insights

JULY 25, 2016

While many of you were busy catching Pikachu last week, you may have missed that Nasdaq, in collaboration with KBW, launched an index to track financial technology. Officially named KBW Nasdaq Financial Technology Index (KFTX) , the fund tracks 49 fintech companies, including 17 Finovate and FinDEVr alums. Fiserv (FISV).

Fintech 12

Fintech New York Guidelines Financial Technology 12

CB Insights

MAY 15, 2019

DBS launched its Singapore innovation lab to break out of its “traditional banking mindset to think, behave, and deliver more like a technology company,” according to Neal Cross, chief innovation officer. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. Founded: 2016.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

SEPTEMBER 28, 2015

Pictured: Kreditech CEO and co-founder Sebastian Diemer demonstrating Kredito24 at FinovateSpring 2014 in New York. “Most lenders, including those built on modern technology, may not crack these markets for years,” Felsman said. ” This spring, Kreditech announced the hiring of Oliver Prill as its new COO.

New York 12

New York social media Capital Big Data 12

CB Insights

JULY 16, 2017

Allianz-backed Simplesurance , which offers point-of-sale insurance policies via online retailers’ websites, partnered with Munich Re Digital Partners in October 2016 to jointly develop new insurance products. Outside of its venture arm, Allianz also made a direct investment into Drone Racing League, of which Allianz is a title partner.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

DECEMBER 5, 2017

These include wireless home monitoring startup Notion (XL Innovate, Liberty Mutual Strategic Ventures), on-demand homeshare insurance startup Slice Labs (XL Innovate, Munich Re/HSB Ventures), virtual auto claims operations firm Snapsheet (USAA, Liberty Mutual), and contract-related insurance startup Bunker (American Family Ventures, Hiscox).

Strategy 28

Strategy Marketing Analytics Innovation 28

William Mills

SEPTEMBER 12, 2017

These folks are New York-based and I don’t think I’ve seen them before. I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc. That SOUNDS like a Georgia bank but I bet it’s in New Jersey.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

SEPTEMBER 1, 2015

Here are a few brief introductions, but be sure to check our our Sneak Peek series to learn more about the innovators and entrepreneurs who will take the stage at the New York Hilton Midtown in just a few weeks. additiv develops and implements digital innovations and business models for financial services providers.

Company 12

Company Software Analytics Mobile 12

William Mills

SEPTEMBER 7, 2016

operation of Russian-based company. Some of the best voice and handwriting recognition technology has come from sciences from Russian; some still there, others that have relocated to Israel and other countries. We are here at Finovate Fall 2016 in the New York Hilton on Avenue of the Americas. No other app does that.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

OCTOBER 31, 2019

Microsoft’s Satya Nadella referred to chat as the “third run-time” — an indispensable piece of operating a platform, second only to the operating system and the web browser. Mentions of chatbots in earnings calls and press releases skyrocketed, and for many, it seemed that chatbots might be the next big disruptive technology.

Industry 78

Industry Examples Tools Retail 78

William Mills

MAY 9, 2018

Presenter Profile: How they describe themselves: AI Foundry uses AI and user-guided machine learning to transform enterprise operations by integrating information, people and processes. HQ: New York, NY. Synapse Financial Technologies, [link] @synapsefi. Good job AI Foundry! Demo video will be available soon.

Security 40

Security Samsung Strategy San Jose 40