PYMNTS

SEPTEMBER 3, 2018

The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments, online and mobile commerce, and related areas. The deal between the two countries comes as other global FinTech partnerships are being formed. The FinTech is Finserve Africa. According to U.K.-based

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South State Correspondent

JULY 12, 2023

Some 57 financial institutions will start with FedNow, including about 42 banks (plus a handful of core systems providers and fintechs). Machine learning financial management tools become more meaningful with increased payment data contained in the messages. Next week, FedNow goes live, ushering in the next era of faster payments.

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PYMNTS

AUGUST 20, 2020

The following Deep Dive explores how these issues are hindering SMB financing as well as how FinTechs are exploring technologies to overcome these issues and give SMBs the help they need to thrive while the world economy faces its biggest challenge in years. FinTechs that harness ML to process loan applications were approving 57.2

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Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

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Texas Fintech Regulation Management 150

PYMNTS

JULY 19, 2018

In the wake of the global banking collapse of 2008, regulators have enacted reforms that put barriers around some of the risks that traditional banks have been willing to take, but can no longer risk. Using API technology, customers can integrate Santander’s cash management solutions into existing ERP systems.

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Fintech blockchain Technology Examples 117

Bank Innovation

MAY 15, 2016

From then until 2008, you had some appreciation, but not much. You could have bought Priceline stock below $10 in 2001. For many years you had little to show for it. Then the stock shot up above $1,000 (as of writing it is $1,261). Yes that is 100x return from Read More.

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PYMNTS

APRIL 9, 2020

So far, Paidy has notched a total of $281 million in equity and debt, one of the largest amounts raised in Japan’s FinTech sector. Paidy has been successful in developing their business by offering a unique payment service with superb customer experience in the very competitive Japanese FinTech industry.

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PYMNTS

APRIL 30, 2019

Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved payment and digital banking experience for its customers, the companies announced. RS2 builds payment solutions for upwards of 14 million merchants.

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PYMNTS

NOVEMBER 4, 2020

The San Francisco-based loan marketplace operator also said it’s well-positioned to navigate the current environment and complete the acquisition next year of Radius Bancorp , which LendingClub management called its “top strategic priority.”. We will be the first public neobank and the only full spectrum FinTech marketplace bank in the U.S.”.

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CB Insights

APRIL 22, 2020

GET THE 102-PAGE State of fintech REPORT. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups). What a cash flow crisis means for fintech companies. FINTECH COS HAVE A CASE TO MAKE for government adoption.

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PYMNTS

JANUARY 7, 2021

billion, with the goal of bringing FinTech businesses to public markets. SoFi partnered with Samsung and Mastercard to launch a new cash management account feature with no fees. Founded in 2011, SoFi has worked to leverage lending after the 2008 financial crisis, focusing on student loan refinancing. billion in cash proceeds.

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PYMNTS

DECEMBER 1, 2020

This new fund, the second under Firstminute's umbrella, will bring the total assets under management to $211 million, building upon the $100 million fund it launched with several years ago. London has the world's second-largest financial market and has proved a fruitful place for FinTechs.

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Fintech Labs Insights

APRIL 12, 2024

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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PYMNTS

OCTOBER 28, 2020

It also stands in marked contrast to Klarna , Europe’s biggest FinTech, which has been expanding globally with its buy now, pay later (BNPL) four-installment payment service. First launched in 2008, Paidy went on to later introduce Japan’s first BNPL service for eCommerce customers, the company noted in a press release.

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PYMNTS

SEPTEMBER 11, 2019

Launched in 2008, Dwolla has helped move billions of dollars for millions of end-users annually for a variety of businesses. The company works with banks and FinTechs including Starling Bank, Standard Bank South Africa, Travelex and Brookline Bank.

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Payments United States Fintech Customer Experience 129

PYMNTS

JUNE 25, 2019

Cross River Bank has partnered with a range of FinTech startups since its 2008 launch, including collaborations with Stripe , Coinbase and Affirm , reports said. Its takeover of Seed strengthens its position in the small business FinTech market.

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PYMNTS

OCTOBER 8, 2018

TransferMate, which is partly owned by AIB and ING Group , has built one of the largest portfolios of payment licenses in the world, partnering with banks, FinTech firms and software providers to offer its clients better exchange rates, lower bank charges and improved reconciliation.

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Payments Software Fintech Groups 174

The Paypers

JUNE 19, 2018

(The Paypers) Bank for International Settlements has announced that regulations introduced after the 2008 financial crisis should extend to fintech and asset management.

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Fintech Report Regulation Management 28

Chris Skinner

MARCH 26, 2017

I recently was hauled up over saying that Western Union (WU) was being disrupted by FinTech. They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments.

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Maine Fintech System Innovation 150

Celent Banking

DECEMBER 9, 2016

Treasury management plays an important role in a corporation’s globalisation efforts especially in the areas of cash management, banking, foreign exchange risk, and investments. Eight years on from the 2008–2009 financial crises, global economic growth remains sluggish, hovering between 3.1% since 2012.

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PYMNTS

MARCH 8, 2019

commercial strategy lead, Tom Eilon, will head the company’s Canada unit as managing director, the firm said. The company also pointed out that despite Canada’s ongoing recovery since the 2008 financial crisis, lending to small businesses has not recovered as quickly. Funding Circle’s U.K. market.

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PYMNTS

NOVEMBER 12, 2020

businesses, for the first time in my lifetime, are spoiled for choice in terms of the funding that is being made available to them,” reflected Toni Dare , founder and managing director at invoice financing technology firm Pulse Cashflow Finance Ltd. Funding Ebbs And Flows.

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PYMNTS

AUGUST 8, 2017

When news of the financial crisis broke in 2008 and big banks all over the world were eschewing consumer and small business credit markets, Batine and Dunaev saw an opportunity — one that was particularly pressing in developing nations, an area of the world that was below the big banks’ radars. That’s something nobody could predict.”.

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PYMNTS

JULY 2, 2019

The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill. The bank-FinTech collaboration trend has hit the small business customer segment particularly strong.

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Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. Aside from interest rate risk, vendor management is high on the list. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market.

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PYMNTS

SEPTEMBER 14, 2017

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.

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South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. In this article, we explore why and how banks are starting to incorporate the “velocity of risk” into their risk management practices.

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Risk Management Examples social media Management 195

BankBazaar

JULY 31, 2023

Blast from the Past: The Birth of BankBazaar Back in 2008, the fintech revolution in India was truly revolutionised with the founding of BankBazaar by Adhil Shetty, Arjun Shetty, and Rati Shetty in the vibrant city of Chennai. BankBazaar continues to lead the way in fostering a supportive work environment for all.

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Celent Banking

NOVEMBER 17, 2015

In the US, small business customers get bounced around like Goldilocks—they are too small to be of interest to commercial relationship managers and too complex to be easily understood by retail branch staff. The lack of “just right” solutions for many small business financial problems has been a golden opportunity for FinTech firms.

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Report FDIC Lending Fintech 100

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. 2008 called and wants its headlines back. Acquisition of the Year: Bank Acquiring a Fintech. Now that’s what you call a change of momentum.

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PYMNTS

APRIL 21, 2020

According to Cerebro Capital Founder and CEO Matt Bjonerud, middle-market corporations can struggle to manage the loans they already have, a point of friction likely to ramp up as a result of current market volatility. Once financing has been secured, managing existing loans remains a headache for many firms, said Bjonerud.

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Marketing Capital Lending Management 140

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab.

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Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab.

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Compliance Regulation Innovation Fintech 150

PYMNTS

SEPTEMBER 20, 2017

BECU and other credit unions have also had to address the emergence of new FinTech companies, firms which are disrupting financial services by offering consumers innovative new options for managing their money. FinTechs: ‘A wonderful threat and opportunity’.

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PYMNTS

JUNE 4, 2020

It’s a fast and radical transformation that the post-2008 financial system was kind of prepared for. Shifting consumer and business approaches to financial products are driving permanent demand for faster and more flexible banking services,” Seth Brennan , managing director of Wirecard North America, told PYMNTS. Life went on.

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PYMNTS

MAY 29, 2020

FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? In a feature story, Uma Wilson, executive vice president and director of treasury management, card and bank product UMB Bank , discusses analyzing client behaviors throughout channels to find unusual activity. FinTechs Help Main Street Find Its Footing.

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PYMNTS

SEPTEMBER 19, 2018

According to Inna Kaushan, Solna’s CEO and co-founder, though the rise of FinTech firms that link suppliers to external financing can certainly be positive for small companies, these firms must be transparent and borrowers should understand that taking out a loan or other type of financing is not their only option. With the U.K.

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Payments Strategy Fintech Capital 161