PYMNTS

DECEMBER 14, 2020

In today’s top news in digital-first banking, Huntington Bancshares is joining forces with TCF Financial in a $22 billion deal, while Revolut has rolled out four new crypto tokens. Plus, Cleo has notched $44 million in Series B financing in a round headed up by EQT Ventures. regional banks. regional banks.

cryptocurrency 164

cryptocurrency Video Bitcoin Regional 164

Bank Innovation

NOVEMBER 1, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday November 1, 2019.

Video 186

Video Customer Experience Innovation Strategies Strategy 186

Abrigo

FEBRUARY 11, 2022

You might also like " CECL Streamlined: A Webinar Series for 2023 Adopters". Takeaway 2 Some financial institutions had hoped for a delay, but a majority of members voted for a consistent accounting standard on schedule. Firm deadline for CECL implementation set As expected, the FASB agreed to uphold CECL’s 2023 implementation date.

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Resources Regulation Community Bank Community 195

PYMNTS

NOVEMBER 3, 2020

Furthermore, the new funding round is meant to also grow the firm’s presence or capacity to serve customers in other nations like Indonesia, Thailand and Singapore. In April, Hong Kong-based finance upstart Neat closed a Series A funding round and came away with $11 million.

Payments 263

Payments Resources Lending Online 263

PYMNTS

MAY 4, 2020

Despite an audit that raised questions about operations at Wirecard, a publicly traded financial services provider based in Munich, its CEO has ignored calls to resign. The Financial Times raised the issue of Wirecard’s troubles more than a year ago in a series of investigative reports. The company employs 5,300 workers.

Compliance 160

Compliance Survey Course Operations 160

Bank Innovation

OCTOBER 11, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, October 11, 2019.

Video 150

Video Fintech Lending Retail 150

PYMNTS

SEPTEMBER 18, 2020

Chime primarily makes money as clients use their cards in comparison to typical financial institutions that make money on fines and debt. Britt also noted in the report that the company is more akin to a consumer software firm than a financial institution. Chime's newest round, a Series F, brought in $485 million.

Mobile 264

Mobile Comparison ATM Cards 264

PYMNTS

SEPTEMBER 24, 2020

In today’s top news in digital-first banking, Volante Technologies Inc. is collaborating with Goldman Sachs Bank USA on digital transaction banking, while Sezzle has created a partnership with digital financial services company Ally Lending. Sezzle has formed a partnership with digital financial services company Ally Lending.

Lending 226

Lending Analytics Technology Software 226

PYMNTS

NOVEMBER 30, 2020

“Being new-to-credit or lacking creditworthiness is often an obstacle to achieving one’s financial goals, such as securing loans to start a business or even buying a car,” Lightnet Group Vice Chairman and Group CEO Tridbodi Arunanondchai said in the announcement. “We million in a Series A funding round in January.

Lending 197

Lending Groups Capital Security 197

BankBazaar

APRIL 23, 2024

We all dream of financial freedom, but the road there can be paved with some pretty epic stumbles. But hey, the good news is that we can learn from (and maybe laugh at!) But amidst all the chai breaks at work and endless social gatherings, where does financial planning even fit in? But beware!

How To 78

How To social media Comparison Cards 78

PYMNTS

JUNE 19, 2020

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. It provides management of a series of exchange rate channels and best rates for clients.

Risk Management 160

Risk Management Software Tools Management 160

PYMNTS

DECEMBER 17, 2020

In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. StockX has notched $275 million in a Tiger Global Management-led Series E funding round.

Retail 226

Retail Report Company Pennsylvania 226

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. Department of the Treasury that charters and regulates financial institutions. Varo is the first consumer FinTech to receive a new national bank charter from the U.S.

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

SEPTEMBER 16, 2020

Chinese authorities have made a series of arrests alleging more than $2 billion was laundered at offshore gambling sites through faux eCommerce purchases. The Financial Times (FT) reported police acknowledged that in a scheme to avoid China’s tough financial regulations, thieves have targeted sites including Pinduoduo Inc.,

Online 312

Online Report Security Regulation 312

PYMNTS

MAY 29, 2019

In contactless payments news, only a small fraction of payments in the United States avoid the swipe or chip card reader. And financial operating system company OpenFin recently raised funds in a Series C round. 17 million: Amount OpenFin raised in a Series C round led by Wells Fargo.

Innovation 139

Innovation Marketing Payments United States 139

PYMNTS

DECEMBER 11, 2020

Cleo has raised $44 million in a Series B financing to expand its digital financial adviser platform targeted at Gen-Z consumers, the company announced Friday (Dec. Cleo bills itself as a digital financial assistant and adviser for Generation Z. market, and make additional management hires in the San Francisco Bay Area.

San Francisco 227

San Francisco Survey Millennials Management 227

PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. ESMA said they will conclude the inquiry by the end of October.

Regulation 141

Regulation Guidelines Groups Report 141

PYMNTS

MAY 26, 2020

In separate news, Treasury Prime had raised $9 million in a Series A funding round to connect banks with FinTech customers per news earlier in May. Banks can then link with modern financial technology customers as a result.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

SEPTEMBER 9, 2020

Deel has notched a $30 million Series B investment headed up by Spark Capital, whose General Partner Yasmin Razavi is joining the company’s board, according to a Wednesday (Sept. Deel raised $14 million in a Series A round, per news in May. 9) company announcement.

Compliance 141

Compliance Capital Conference Video 141

PYMNTS

DECEMBER 20, 2020

Indian FinTech unicorn Razorpay is expanding the breadth of its B2B offerings through a new platform it's calling an app store that will connect customers with third-party companies, financial news site Mint reported. It is also offering a range of languages customers will be able to use.

Innovation 210

Innovation Community Tools Report 210

PYMNTS

APRIL 26, 2019

Reports in VCCircle this week said that EnKash raised $3 million from Mayfield India and Axilor Ventures, with the Series A funding going toward EnKash’s efforts to upgrade the underlying technology of its B2B payments platform. EnKash said it also plans to bolster its leadership team with the new investment.

Fintech 176

Fintech US Lending Capital 176

PYMNTS

MAY 26, 2020

Facebook Canada has announced a series of initiatives to aid small- to medium-sized businesses (SMBs) during the coronavirus pandemic, including $3.5 million in grants, virtual training classes and new features to help promote SMBs across numerous apps owned by the social media giant, according to a press release.

social media 183

social media Training Operations Groups 183

PYMNTS

DECEMBER 17, 2020

Co-opRemit simplifies live money transfers, especially in Africa, letting the financial institution’s clients in Kenya expediently move funds throughout the globe at a cost-effective price, according to the announcement. In September, Thunes announced that it had landed $60 million in Series B funding.

Operations 191

Operations America Payments National 191

PYMNTS

DECEMBER 17, 2020

In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has officially launched in the U.S. GoCardless has landed $95 million in a Bain Capital Ventures-led Series F funding round.

Fintech 142

Fintech US Payments United States 142

PYMNTS

JANUARY 20, 2021

In today’s top payments news around the world, ByteDance has launched a mobile payment offering for Douyin, while Dunzo is closing a $40 million Series E funding round. Plus, MGM Resorts International announced that it is ending its bid to purchase the Entain gaming platform.

Mobile 151

Mobile Payments Google Video 151

PYMNTS

DECEMBER 20, 2019

With an investment that reportedly tops off a record year for the company, Ripple announced that it notched $200 million in Series C funding. CEO Brad Garlinghouse wrote in the post, “We are in a strong financial position to execute against our vision.

Leadership 131

Leadership blockchain National Industry 131

PYMNTS

JUNE 7, 2019

Synapse, the startup that enables bank and FinTechs to create digital financial services, raised $33 million in venture funding. The Series B funding round was led by Andreessen Horowitz and included existing investors Trinity Ventures and Core Innovation Capital, according to a report in TechCrunch.

Fintech 100

Fintech America Lending Report 100

PYMNTS

NOVEMBER 2, 2018

And, according to reports, the possible initial public offering (IPO) joint global coordinators include Deutsche Bank, JPMorgan, Nomura Holdings, Goldman Sachs and SMBC Nikko Securities, which is a unit of Sumitomo Mitsui Financial Group. SoftBank , however, did not comment to Reuters on the reported news.

Mobile 148

Mobile Groups Capital Report 148

PYMNTS

DECEMBER 27, 2020

While TIDAL doesn’t give out subscriber, user or financial data, its website claims to have more than 70 million songs and 250,000 high-quality videos in its catalog, along with original video series and podcasts. Most recently, Spotify made news by signing a $100 million deal to bring podcaster Joe Rogan on board.

Video 349

Video New York Industry Report 349

Perficient

FEBRUARY 10, 2021

While this is great news, the complexity of who can get vaccinated first and where is causing a great deal of confusion, particularly for seniors and their caregivers. Are you providing information on in-home services, financial assistance and healthcare proxies, aging adult nutrition, etc.?

New York City 484

New York City social media Community System 484

PYMNTS

MARCH 14, 2019

Reuters reported that in the wake of the news, Wirecard shares jumped 4 percent. From our point of view, he has been cleared by the internal investigation,” a company spokeswoman said in a statement to news organizations. There was also another investigation by law firm Rajah & Tann, which is expected to be released soon.

Management 134

Management Compliance Report Company 134

PYMNTS

AUGUST 30, 2019

The asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors, the Financial Times reported on Aug. The new venture will offer a variety of cryptocurrency hedge funds that will take advantage of the growth in that sector. .

Bitcoin 188

Bitcoin Nevada cryptocurrency ATM 188

PYMNTS

APRIL 8, 2020

Hong Kong-based finance startup Neat has closed a Series A funding round and come away with $11 million, according to a press release. Pacific Century Group (PCG) led the round, while Visa and MassMutual Ventures Southeast Asia were among the other investors.

Fintech 237

Fintech Cards Software Tools 237

PYMNTS

JUNE 22, 2017

In venture capital news, London startup TrueLayer has raised $3 million in Series A funding so that it can enable FinTech companies to access bank APIs. According to TechCrunch , the Series A funding round was led by Anthemis Group, with participation from existing investor Connect Ventures.

Company 155

Company Fintech Groups Capital 155

PYMNTS

APRIL 17, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes OTT Pay ’s tie-up with Canada ‘s Wonderland to offer new mobile payment options. Cross-border mobile payment solution provider Citcon reportedly notched $5 million in Series B funding, Xinhua reported. billion (80.1

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Samsung Mobile America California 115

PYMNTS

MARCH 3, 2020

The core is Series A, but we also consider late-Seed companies and Series B. Offices already in place in Moscow, Bangalore and New York in addition to new Singapore and London offices will supervise the new “Fund III.” Our investment focus is ?on

United States 140

United States Regional America Capital 140

PYMNTS

AUGUST 21, 2019

The Banking & Payments Federation Ireland said it had established a FinTech Foresight Group — further evidence of collaborations between traditional financial institutions and tech upstarts. That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts.

Fintech 174

Fintech Guidelines Policies Regulation 174