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CFOs Shift Away From The Stereotype

PYMNTS

Canada’s financial services market is counting itself among the ranks of the transformative ones of the world. The nation is embracing faster payments and FinTech innovation, while the market is being shaped by everything from the payments Modernization initiative of Payments Canada to the legalization of marijuana.

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Accountants May Be Bucking The Innovation-Averse Trend

PYMNTS

FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. The findings in this survey help highlight the ever-present need in this industry for evolving technology,” reflected Rachel Krug, director of product marketing at Right Networks. “We

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Sizzle/Fizzle: AI Soars, Toys R Us Sinks And Start-Ups Struggle

PYMNTS

Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. The European Union is also gearing up to promote new, continent-wide mandates that would promote FinTech growth and investments, especially post-Brexit.

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Top News In Payments: Mastercard CEO Pushes Back Against National Payments System; FCA Tells Credit Cards To Ease Up On Non-Payers

PYMNTS

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s Bank of China is prepared to inject $173 billion into the country to stabilize the economic damage wreaked by the coronavirus.

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How The Fed Will Impact Your Deposit Beta

South State Correspondent

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. That 9% does not include specialty consumer banks or fintech companies.

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Tagit Locks in More than $8 Million in New Funding

Fintech Labs Insights

The investment will help both companies grow their market exposure in Asia. Tagit is headquartered in Singapore and was founded in 2004. Mobile technology solutions provider Tagit has raised $8.75 million (S$12 million) in funding from Japanese IT specialist, SRA Group.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech. business.

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