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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. According to the banks that have linked with FinTech firms, such guidelines would help relationships between the parties.

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Philippines Payments Platform Closes $120M Investment Deal

PYMNTS

The FinTech firm is taking meetings with new strategic and financial partners. This fresh round of investment is a testament to Voyager’s success in providing Filipinos with access to convenient, relevant and inclusive digital financial services through PayMaya,” the five investors said in a joint statement.

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Checkout.com Buys Australian Startup Pin Payments

PYMNTS

Checkout.com faces competition from Stripe, a San Francisco technology company that allows businesses to make and receive payments over the internet, and Adyen, a Dutch payment company that provides businesses a way to accept eCommerce, mobile and point-of-sale payments.

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Federal banking agencies issued proposed guidance on risk management for third-party relationships

CFPB Monitor

The Federal Reserve, FDIC, and OCC have released proposed guidance for banking organizations on managing risks associated with third-party relationships, including relationships with financial technology-focused entities such as bank/fintech sponsorship arrangements.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry.

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120 Fintech Unicorns of the 21st Century: November 2020 Update

Fintech Labs Insights

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.