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PayPal Boosts Investment In Tink Open Banking Platform

PYMNTS

PayPal’s first investment in Tink , which enables FinTechs to access customers’ financial data, was in June 2019 and totaled $11.2 Tink is one of the FinTechs that is taking advantage of the Payments Services Directive 2, or PSD2 , which enables consumers to authorize third parties to access their banking data and make payments for them.

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Mollie Is Latest Tech Startup To Attain Unicorn Status

PYMNTS

Dutch FinTech Mollie has just closed on $100 million in new financing, as the startup looks to expand internationally and pump additional money into product development and engineering. TCV, a major equity investor with a focus on technology, led the Series B round of funding, Mollie said in a press release.

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FinTech Startups Take Advantage Of Talent Pool In Dublin

PYMNTS

Dublin, the capital of Ireland, is a burgeoning hub for startups in the technology sector. The city is home to European offices for multinational technology companies, as well as banks and startups. Trezeo , a FinTech startup that seeks to smooth out income for self-employed workers, is one of the innovators that call Dublin home.

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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

Yet, the broader perception of smaller financial institutions (FIs) in the industry is that these banks lack the resources that larger banks offer, as well as the agility of emerging FinTech firms, to promote product and service innovation to their SMB clients. has dropped from 8,000 in 2004 to about 5,400 in 2018.

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5 Lessons Using Bank Customer Lifetime Value Data

South State Correspondent

We have discussed the importance of the CLV metric HERE , or bankers can look up our favorite academic paper on the topic “ Counting Your Customers Research Paper 2004 ” by Fader, Hardie, and Lee at Wharton. Lesson 1: Better Optimize Your Marketing Dollars For Cumulative Lifetime Value. Yet, it happens every day.

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Mexico’s B2B Payments Opportunity As A Global eInvoice Leader

PYMNTS

Mexico’s eInvoicing requirements began back in 2004, when its tax authority, the SAT, first developed its eInvoicing legal framework. Its eInvoicing traction isn’t the only way the Mexican market differentiates itself from the U.S. While the U.S. For accounts payable, it’s a one-stop-shop to make a payment.”.

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5 Ways FinTechs Can Benefit from Hosting a Podcast: Part 1

William Mills

While podcasts have been a part of the media landscape since as early as 2004, the financial services industry was slower to adopt them as a way to promote businesses and communicate with customers. For FinTechs, this could be regulatory changes, new technology, or news about other companies. Promote Your Products/Services.

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