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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding

PYMNTS

Financial laws governing such transactions date back to 1970 when the Bank Secrecy Act (BSA) was enacted , requiring financial institutions (FIs) to report transactions of $10,000 or more. Know your customer (KYC) policies were introduced with the Patriot Act in 2001 following 9/11, intended to help stem the flow of funding to terrorists.

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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. While financial terms of the agreements were not disclosed, Access said the agreements will support its expansion in the payroll market, particularly for SMBs.

Strategy 109
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Digital Banking Veterans Join i2c Leadership Team

PYMNTS

Global digital banking firm i2c Inc. Heading up i2c’s global marketing team is Waters, who comes from executive leadership positions held at Fiserv, Visa Inc. Founded in 2001 and headquartered in Silicon Valley, the company has a multi-function payments and digital banking platform with “building block” processing technology.

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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

By 2001, sales were good enough that Streit was able to persuade CVS and Walgreens to get in on the action. As he and the Green Dot team look at the next generation of customers and the future of banking, he noted, the market needs innovations more than new iterations on what already exists.

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i2c, CashFlows Partner To Assist European Payment Card Issuers

PYMNTS

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Tuesday (Jan. Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

Cards 131
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i2c, CashFlows Partner To Assist European Payment Card Issuers

PYMNTS

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Wednesday (Jan. Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

Cards 130
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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Online Digital Banks for Small Businesses. Fintech Startup Debuts: Brave Credit & AWSM Bank Pitch @ 500Startups Demo Day (4 Feb 2021). Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021.