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Bump On The Road To National FinTech Charters?

PYMNTS

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6 In the U.K.,

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FinTechs Link With FIs Down Under And Beyond

PYMNTS

Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. The insurance FinTech, said the site, will seek to offer insurance contracts that are binding in real time, whereas traditionally insurance companies have finished the process. The FinTech is Finserve Africa.

Fintech 101
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

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Market Map: 30+ Fintech Companies Serving Africa’s Underbanked

CB Insights

Africa has a thriving fintech industry that is leapfrogging traditional tech. Take M-PESA, the mobile money transfer and financing service founded in 2007. The post Market Map: 30+ Fintech Companies Serving Africa’s Underbanked appeared first on CB Insights Research. live briefing: Payments Trends to Watch in 2019.

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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

At university I started a company that went onto Y Combinator in 2007, but I had to leave at that time. And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. I think the word FinTech wasn’t yet around.

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UK-Based Liberis Lands $93 Million For SME Financing

PYMNTS

Liberis, which was started in 2007, says that it has doled out more than £500 million ($668 million) in financing to 16,000 small and medium-sized enterprises (SMEs) across the U.K., Europe and the United States.

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10 Banking Channel Metrics That Have Dramatically Changed in 10 Years

Gonzobanker

The introduction of smartphones kick-started the mobile banking revolution, the financial crisis brought on a world of regulatory pain, and the emergence of fintech startups threatens to disrupt, displace and, well, “diss” banks altogether. Only a quarter believe their contact center capabilities are future-ready.