PYMNTS

JANUARY 14, 2020

In today’s top payments news, China is finalizing its rules for online-only banks, Mastercard names Raj Seshadri as its new president of data and services and Visa buys FinTech startup Plaid for $5.3 FinTech Play, Wrapped In Plaid. China Finalizing Laws For Digital-Only Banking. Visa announced its $5.3 21 in the U.S.

Data 131

Data Payments Online Digital Banking 131

PYMNTS

OCTOBER 25, 2019

We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. Lights out for the FinTech charter idea ? Apple Card And The FinTech, TechFin Conundrum. What Apple Pay At Five Says About The Future Of Mobile POS Payments.

Apple 101

Apple Innovation South Dakota Taxes 101

PYMNTS

JULY 31, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Accenture ’s FinTech Innovation Lab Asia-Pacific. In Asia , eight FinTech startups have been chosen for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific, the firm said in a announcement.

Fintech 100

Fintech blockchain Innovation Conference 100

PYMNTS

MARCH 25, 2020

Branchless bank and FinTech Green Dot has reported that Dan Henry will step in as its new president and CEO, and will also join the board of directors. Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space.

Fintech 139

Fintech Operations Innovation Company 139

PYMNTS

JANUARY 21, 2020

London-based expense management startup Expend is introducing a FinTech marketplace to support small to-medium-sized enterprises (SMEs), the company announced on Tuesday (Jan. The new marketplace was launched solely for Expend’s prepaid Mastercard users as well as non-card customers and is targeted to business owners and finance teams.

Fintech 151

Fintech Software Resources Management 151

PYMNTS

MARCH 20, 2018

FinTechs and non-bank financial service providers are set to take over traditional banks as the preferred choice for small business (SMB) customers in Australia, a new report by Scottish Pacific found. In doing this, FinTechs are providing new options for businesses.”. Nearly half (47.6

Fintech 118

Fintech Lending Survey Innovation 118

PYMNTS

FEBRUARY 20, 2018

19) that they had inked a deal to collaborate and support FinTech initiatives called the Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement). According to a press release , the two organizations will support each other’s efforts via the FinTech initiatives LabCFTC and FCA Innovate.

Fintech 115

Fintech Regulation Innovation Financial Technology 115

PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Fraud 101

Fraud social media cryptocurrency National 101

PYMNTS

DECEMBER 15, 2019

Workers in the bank’s foreign exchange team allegedly brought tens of millions of pounds to the bank by rigging exchange rates between 2010 and 2014. We identified and addressed the source of the incorrect exchange rates in 2014, and put in place additional checks and controls to prevent this happening again.

Fintech 130

Fintech Security Company Payments 130

PYMNTS

JANUARY 25, 2021

Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan. 25) announcement.

Tools 154

Tools Miami Management Resources 154

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

JANUARY 18, 2018

Indian Bank of Baroda is working with a FinTech player to enhance its supply chain finance offerings. With new initiatives, such as real-time payments, forcing U.S. In 2014, Tokyo’s Mizuho Financial Group announced a deal with PrimeRevenue to similarly provide supply chain finance capabilities to the bank’s corporate clients.

Fintech 109

Fintech Analytics National Report 109

CB Insights

MARCH 27, 2019

PREPARE FOR THE FINTECH FUTURE. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019. Since 2014, news mentions of impact investing and ESG (environmental, social, and governance) investing have increased tenfold. GET THE 106-PAGE FINTECH TRENDS REPORT.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

Fintech 104

Fintech Regional Resources blockchain 104

PYMNTS

DECEMBER 15, 2019

Delivery Hero acquired a majority stake in Yogiyo in 2014. billion — more than double since 2014 — trailing only China, the U.S. Baemin started in 2014 as an app-based chicken delivery business. In other news about South Korea, a pilot-testing program for open banking started in October. The market in South Korea is $5.9

Capital 130

Capital Online Marketing blockchain 130

PYMNTS

SEPTEMBER 23, 2020

The product was created using the organization’s current workforce of individuals at Origin Protocol who are FinTech and cryptocurrency veterans. dollars in 2014. In other news, Coinbase is adding three executives to its team and creating a new Platforms division, according to a Wednesday (Sept. 23) announcement.

Google 169

Google Bitcoin cryptocurrency Fintech 169

PYMNTS

JULY 8, 2020

The news service reports that the world’s most valuable tech “unicorn” had been looking to sell shares in Hong Kong and mainland China simultaneously, according to sources. Ant Group was launched in 2014 to provide global financial services.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

MARCH 2, 2020

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2).

blockchain 141

blockchain Groups America Google 141

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”. 12) announcement.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

PYMNTS

AUGUST 6, 2019

Asian FinTech firm CompareAsiaGroup has raised $20 million in a B1 funding round, it was reported on Tuesday (Aug. Since CompareAsiaGroup was founded in 2014, it has raised in excess of $90 million to date. Singapore-headquartered C88 is one of Southeast Asia’s largest and fastest-growing FinTech companies.

Fintech 108

Fintech Groups Software Tools 108

PYMNTS

SEPTEMBER 26, 2016

trillion in 2014 to $2.3 The FinTech companies are disrupting the industry and are a thorn in the side of the traditional players — banks and credit card companies. Many FinTech startups, like Ripple, are using blockchain to provide cheaper and faster services to consumers. But some banks are competing with the FinTechs.

Regulation 100

Regulation Fintech blockchain Mobile 100

PYMNTS

FEBRUARY 13, 2020

Assembly Payments shares our vision, and we are pleased to partner them based on the strength of their core technology and talented team,” said Alex Manson, head of SC Ventures — the innovation, FinTech investment and ventures arm of Standard Chartered. Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

Payments 197

Payments Fintech Tools Management 197

PYMNTS

OCTOBER 16, 2017

That’s why South African FinTech company Yoco has made it its mission to improve things for African businesses, large and small. Yoco has launched two levels of payments solutions since its inception and beta phase in 2014 and subsequent launch in 2015, starting with a Square-like card reader.

Fintech 139

Fintech San Francisco Cards Payments 139

PYMNTS

JULY 23, 2020

European FinTech payments company myPOS , which works in offering affordable payments to small- to medium-sized businesses (SMBs), has new credit cards that it says will help SMBs in Europe access new benefits, according to a press release.

Cards 140

Cards ATM Payments Fintech 140

PYMNTS

JULY 6, 2018

IPOs: See a renaissance of sorts, topping $35 billion in 2018, amid the fastest pace in 20 years and among verticals as far-flung as wholesale clubs and FinTech firms. The volume is the highest seen since 2014. Capital is flowing and investors’ pulses are quickening, it seems. Chatbots, it turns out, can boost the bottom line.

social media 111

social media Fintech Policies Data 111

PYMNTS

OCTOBER 20, 2017

20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Since mid-2014, more than 50 of the world’s major financial services institutions have invested in the sector.”. On Friday (Oct. Mastercard is not the only firm delving into blockchain.

blockchain 210

blockchain cryptocurrency Bitcoin Google 210

PYMNTS

SEPTEMBER 16, 2016

Nearly $120 million has been invested in approximately 300 startups based in Guadalajara since 2014. Mexico’s longstanding business culture resulted in the government investing $658 million to an estimated 620,000 entrepreneurs back in 2014. It’s projected that Mexico will represent the world’s fifth-largest economy by 2050.

Fintech 100

Fintech Capital Millennials Mobile 100

PYMNTS

JUNE 22, 2020

The Alibaba affiliate, which will now be known, at least in business records, as Ant Technology Group, decided its name was due for an overhaul as the big FinTech began attracting growing scrutiny from China’s financial watchdogs. As 2018 gave way to 2019, the fund – Tianhong Yu’e Bao – had ballooned to more than $168 billion.

Regulation 181

Regulation Groups Fintech Technology 181

PYMNTS

APRIL 30, 2018

Following that news, LendingClub’s stock price took a nosedive. LendingClub’s Q4 2017 results, under new management, showed four straight years of losses, sales that missed forecasted targets and continued losses in 2018, seemed to prove investors had every reason to be skeptical. Yesterday, it was trading at an all-time low of $2.70.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

AUGUST 12, 2016

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we check out a small country with a huge potential to emerge as one of Europe’s premier FinTech spaces. The country’s GDP was approximately $880 billion in 2014. Before we jump into the post, here are a few quick facts about the Netherlands and its tech scene: .

Fintech 100

Fintech Bitcoin blockchain Policies 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 ). Source: FintechLabs.com, 22 Feb 2022 based on news reports. Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). Chainalysis.

Fintech 15

Fintech Bitcoin blockchain Lending 15

PYMNTS

JULY 1, 2019

InstaReM , which was started in 2014, is regulated in Singapore, Canada, Hong Kong, Australia, India, Malaysia, the U.S. In separate InstaReM news, the Singapore FinTech firm notched $41 million in venture funding per reports in March. However, InstaReM is reportedly the first firm to indicate that it will apply for a license.

Digital Banking 123

Digital Banking Lending America Report 123

PYMNTS

OCTOBER 8, 2020

The California-based FinTech, whose open API platform enables companies like Square, DoorDash and Instacart to issue credit and debit cards and process payments, announced Thursday (Oct. Marqeta , the high-flying card issuing platform, is getting a financial boost from a longtime business partner, Mastercard.

Cards 164

Cards California Regional America 164

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 ). Source: FintechLabs.com, 22 Feb 2022 based on news reports. Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). Chainalysis.

Fintech 15

Fintech Bitcoin blockchain Lending 15

PYMNTS

OCTOBER 21, 2019

Gojek Group President Andre Soelistyo and Gojek Co-Founder Kevin Aluwi will assume the top leadership as co-CEOs, a Gojek spokesperson told the news outlet. “We We will make an announcement on what this news means for Gojek within the next few days. Moka was founded in 2014 and was one of the first FinTechs in Indonesia.

Leadership 100

Leadership Capital Groups Innovation 100

PYMNTS

OCTOBER 23, 2018

Conductor, which has been backed by Riverwood Capital since 2014, is a key technology processing platform for retailers, banks and other companies in Brazil, according to the press release. In a press release , Visa said the investment will go to help Conductor expand its products and to accelerate innovation in payments.

Company 128

Company Payments America Regional 128

PYMNTS

NOVEMBER 5, 2018

China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. This comes as Ant Financial, the Chinese FinTech giant and an affiliate of Alibaba Group, posted an earnings pre-tax loss of 2.4 Reuters cited two sources at the time.

Regulation 128

Regulation Company Taxes Groups 128