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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Cardlay, based in the U.K., leading the investment.

Strategy 109
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Billtrust Taps Green Dot For New CFO

PYMNTS

Accounts receivable (AR) automation firm Billtrust has appointed Mark Shifke as chief financial officer (CFO), bringing more than 35 years of financial and legal experience — including most recently as the CFO at fintech Green Dot — to guide the firm through its next phase of growth, the company announced in a recent blog. .

Chicago 130
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Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License

PYMNTS

Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic Transportation Systems has notched a contract for a mobile ticketing system in Ireland , and Bear Market Coffee in Ireland has gone cashless. it’s the best place to grow a FinTech company in Europe.”. Outside the U.K.,

Payments 100
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No Pain, No Gain? GDPR, PSD2 And The New Payments Reality

PYMNTS

This year brings the Second Payment Services Directive ( PSD2 ) deadline, also in Europe, with its designs meant to encourage more security and innovation in the payments and FinTech spaces. Both solutions provide increased fraud protection for online transactions made via debit or credit cards. The market will target [3DS 2.0]

Payments 195
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Artificial Intelligence: FIs’ Friend Or Foe?

PYMNTS

It doesn’t mask murderous intentions with a calming voice like HAL of “2001: A Space Odyssey.” When customers apply for a credit card or loan, that application can take weeks to process, said Kaplan. There are non-banks rolling out their own payment cards with far more compelling incentives to adopt.

Data 187
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He who hesitates…?

Celent Banking

With perhaps the golden age of fintech firms upon us, banks ought to be taking an even more proactive approach. So why the post today? Banks are fast followers rather than leaders and have been very risk averse.

Data 100
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The 134 Fintech Unicorns of the 21st Century (Feb 2021 update)

Fintech Labs Insights

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. trillion up from $1.25