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

Bank Innovation

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

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”

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LendingClub Settles With SEC, DOJ

PYMNTS

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

The goal is to become one of the most valuable financial technology startups in the world as it eyes a region-wide expansion and seeks a valuation between $8 billion and $10 billion, according to reports in Recode. Founded in 2013, Nubank currently claims 8.5 While Nubank is far from a household name in the U.S.,

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

Fintech Labs Insights

But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. New in November: Newborns: Verafin , the Canadian anti-financial crime specialist founded in 2003, is set to be acquired by NASDAQ for US$2.75 Circle Financial. Total = 120.

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Financial Guard Acquired By Legg Mason

Fintech Labs Insights

Financial Guard will become a part of Legg Mason’s alternative distribution strategies business which specializes in helping the global asset manager’s investment affiliates leverage financial technology to serve customers better. The post Financial Guard Acquired By Legg Mason appeared first on Finovate.

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How close are we really to a cashless society?

NCR

The financial technology media is continually full of facts and figures on how many consumer transactions these days are completed in a cashless manner – with a swipe of a card, by using contactless or online. This marked a nine percent rise from 2013. This marked a nine percent rise from 2013. don’t like them.

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