Chris Skinner

MAY 2, 2017

RBS, which paid a record fine to regulators for a big systems outage in 2012, hoped to solve its problems by replacing its core processing engine at a cost of £750 million but, in a recent interview, CEO Ross McEwan conceded there was still a big job to reduce the number of systems and applications at RBS from more than 3,000.

System 286

System Survey Software Fintech 286

PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. As of 2012, Dubai was the 22nd most expensive city in the world and the most expensive city in the Middle East. FinTech Hive Generates Buzz. 2016, the inflation rate was 0.12

Fintech 100

Fintech Regional Innovation Leadership 100

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).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JANUARY 27, 2020

based FinTech focused on cross-border payments, said Monday (Jan. Currencycloud said it will use the funding to boost its technology portfolio and partner network. Recent product launches and updates include Currencycloud Spark, which provided multi-currency accounts to banks and FinTechs across more than 35 currencies.

Payments 130

Payments Fintech Software National 130

PYMNTS

MARCH 29, 2020

European open banking platform Tink will now have more room to expand with the acquisition of Eurobits , which works in account aggregation technology, according to a press release. Tink was formed in 2012. Tink received 90 million euros ($100.1 Tink received 90 million euros ($100.1 The company bought Eurobits for 15.5

America 241

America National Company Innovation 241

PYMNTS

SEPTEMBER 11, 2019

Financial technology company Dwolla has announced it is teaming up with global payments platform Currencycloud so that its clients can facilitate international payments. Launched in 2012, London-based Currencycloud is regulated in Europe, the U.S. and Canada, and has processed more than $50 billion to over 180 countries.

Payments 129

Payments United States Fintech Customer Experience 129

Alex Jimenez

AUGUST 28, 2018

What is Fintech? Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report. Source: UBS.

Fintech 40

Fintech Case Study Study Millennials 40

Chris Skinner

APRIL 13, 2017

It feels nearer, but when a group of experts on Artificial General Intelligence were asked this question in 2012, their view was that it would not be achieved until 2040. As you can see, the idea – and sexism – hasn’t changed much in that time. The question here being: When will achieve the Singularity?

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Technology Software Groups Innovation 283

CB Insights

OCTOBER 26, 2017

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. D3 Technology. Total Equity Funding ($M).

United States 78

United States Fintech North Carolina Rhode Island 78

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. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. If looking for a FinTech (seven) partner, follow your vendor management procedures.

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Fintech Capital Cards Bitcoin 60

PYMNTS

JULY 24, 2019

Reeves said he plans to pursue new products beyond payroll and HR as the company grows, adding FinTech features like its Flexible Pay, which allows wage advances for employees. For the estimated six million SMBs nationwide, advanced technology to handle payroll is virtually nonexistent. Gusto raised $140 million in a round led by T.

New York City 149

New York City New York Texas System 149

CB Insights

APRIL 12, 2018

To stay relevant with customers and ahead of regulations, major banks in Europe have been implementing a number of strategies, including investing in the fintech startups the regulations enable. FINTECH IN EUROPE RESEARCH BRIEFING. In this briefing, we’ll sail across the pond and dive into the booming European fintech space.

Fintech 71

Fintech blockchain Capital Regulation 71

PYMNTS

JULY 8, 2016

The digital technology sector accounts for roughly 5.5 A recent study from McKinsey found that France is expected to boost the digital technology share of its GDP by €100 billion by 2020. The image recognition startup develops technology for mobile devices that allow them to be turned into smart sensors.

Fintech 121

Fintech Conference Capital Regional 121

PYMNTS

APRIL 12, 2019

It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 Founded in 2012, Jumia became the first African unicorn startup in 2016 after a $326 million funding round that included Goldman Sachs, AXA and MTN. billion, according to reports.

New York 209

New York Mobile Course Payments 209

PYMNTS

MARCH 28, 2019

FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. With more options than ever, customers demand better services, and that often cannot be offered without better technology. ” Indeed, it isn’t just FinTechs adding disruption to the market. .”

Regulation 118

Regulation Technology Tools Fintech 118

PYMNTS

JULY 2, 2019

The company’s technology is reportedly used by many FinTechs, among other companies, according to reports. Following a Series A in 2011, Currencycloud was launched in a more widespread manner in 2012, and has created an infrastructure for business-to-business (B2B) cross-border payments.

New York 100

New York Fintech Report Payments 100

Fintech Labs Insights

FEBRUARY 22, 2022

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Phantom Technologies. Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). Value ($B). Value Date. 1 Feb 2022. FTX Exchange.

Fintech 15

Fintech Bitcoin blockchain Lending 15

Fintech Labs Insights

FEBRUARY 22, 2022

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Phantom Technologies. Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). Value ($B). Value Date. 1 Feb 2022. FTX Exchange.

Fintech 15

Fintech Bitcoin blockchain Lending 15

Chris Skinner

JULY 3, 2017

Here are the key highlights: Over the past five years customers’ activity on banking apps rocketed by 354%, with apps now an increasingly popular way to access current accounts rising from 21% of access in 2012 to 61% by the start of 2017.

Mobile 286

Mobile Cards Video Management 286

PYMNTS

JUNE 13, 2018

That growing group of FIs includes Sweden-based FinTech Tink , which offers a consumer-facing digital banking platform alongside a growing B2B API development business. Founded in 2012, Tink debuted its AI and machine learning-focused digital banking platform the following year to give customers better financial insights.

Regulation 115

Regulation Guidelines Tools Data 115

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Let’s narrow down the story to Fintech, using data from Spactrack. With a bit of Excel wizardry, we can see that the first quarter in 2021 has seen 12 Fintech vehicles, while the last quarter for 2020 was at about 8.

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Let’s narrow down the story to Fintech, using data from Spactrack. With a bit of Excel wizardry, we can see that the first quarter in 2021 has seen 12 Fintech vehicles, while the last quarter for 2020 was at about 8.

Capital 52

Capital Fintech US Lending 52

Celent Banking

DECEMBER 9, 2016

As an outgrowth of globalisation, four key external forces impact opportunities and challenges for corporate growth and expansion: economic uncertainty, geopolitical climate, regulatory environment, and technology evolution. since 2012.

Regional 100

Regional Management Fintech Strategy 100

PYMNTS

AUGUST 22, 2019

Since its 2012 start, iwoca has loaned money to 35,000 U.K. with the scale, level of experience and technology to dramatically expand and transform access to finance for small businesses,” Rieche said. The alternative small business lender raised $194 million in a February Series D funding round led by Augmentum Fintech.

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Lending Regional US Industry 101

PYMNTS

AUGUST 8, 2017

ID Finance Co-Founders Boris Batine and Alexander Dunaev were far from newcomers to the world of finance when they started up their business in 2012. And so, in 2012, with only a few hundred thousand of their own dollars to get up and running, ID Finance launched in one of those underserved markets — their home market of Russia.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

JANUARY 18, 2018

The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments. Specific terms of the acquisition were not disclosed.

Payments 102

Payments Leadership Mobile Capital 102

Fintech Labs Insights

DECEMBER 7, 2020

At FintechLIVE , we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. Full Fintech Unicorn list (values as of 2 Dec 2020). Ant Technology.

United States 15

United States Fintech Portland Oregon 15

Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. It’s currently tied for 96th most valuable across all fintech, and 36th most valuable payments company. Full Fintech Unicorn List. Value Date.

United States 15

United States Fintech Utah Software 15

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Taxes 179

Taxes Technology Tools Industry 179

Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. It’s currently tied for 96th most valuable across all fintech, and 36th most valuable payments company. Full Fintech Unicorn List. Value Date.

United States 15

United States Fintech Utah Lending 15

CFPB Monitor

JANUARY 3, 2019

Paul formerly worked in the Arizona Attorney General’s office where he was in charge of fintech initiatives and led the state’s successful efforts to create the first “regulatory sandbox” in the United States which allows new financial technologies and products to be tested in a controlled environment with reduced regulatory risk.

Arizona 60

Arizona Innovation Policies United States 60

William Mills

JANUARY 28, 2016

In the financial services industry, there have been several mainstay trade shows where bankers and service providers come together to learn about new products and technologies: Finovate, the ABA Annual Conference for Community Bankers and BAI Retail Delivery are all examples, and there is another emerging. If you attend.

Las Vegas 40

Las Vegas Fintech Retail Conference 40

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Use of Apple Pay, Samsung Pay etc. Transaction Banking.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Use of Apple Pay, Samsung Pay etc. Transaction Banking.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

AUGUST 25, 2017

Microsoft Accelerator, which launched in 2012, has so far accelerated 129 startups across 10 cohorts. Microsoft will be lending its Azure Cloud technology to the companies so they can enhance their cloud, IoT, Big Data and analytics capabilities. Reports in YourStory on Thursday (Aug.

Compliance 100

Compliance Big Data Capital Analytics 100

PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . Big Tech, FinTech and neo-banks are increasingly there to lap up the opportunities innovation is presenting to offer an alternative path to financial services.

Innovation 222

Innovation Data System Mobile 222

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. While our research reveals consumer trust in banks is at its highest since 2012, consumers’ concerns over online fraud and cybersecurity have also grown.

Innovation 150

Innovation Metro Apple Marketing 150