PYMNTS

JUNE 15, 2018

In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds.

Fintech 115

Fintech Compliance Software Taxes 115

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

FEBRUARY 24, 2016

23) $30 million in venture capital raised from Sequoia Capital and other backers, including Matrix Partners, True Ventures and Greenspring Associates. According to reports, Namely secured the backing following last June’s Series C funding round, meaning the firm has now raised a total of $107.8

San Francisco 100

San Francisco Austin Texas Capital 100

PYMNTS

JUNE 10, 2019

Basel III regulations, which were agreed upon in 2010 and set to be fully in effect by 2027, imposed stricter capital requirements on financial institutions that some critics argued stifled FIs’ ability to provide loans to small and medium-sized businesses (SMBs). billion short of Basel III capital requirements as of last year.

Lending 100

Lending Capital Regulation Survey 100

PYMNTS

NOVEMBER 14, 2016

The T&E firm said those funds, spent between 2014 and 2016, signal a new sense of confidence businesses have in the on-demand economy, with SMEs leading adoption rates as they look for more flexible corporate travel offerings and as hotel rates continue to rise.

San Francisco 100

San Francisco Survey Data Security 100

PYMNTS

FEBRUARY 4, 2020

Among the most disruptive changes introduced in 2016 by the Jumpstart Our Business Startups (JOBS) Act is the opportunity for small, private businesses to raise capital via crowdfunding, adding yet another avenue to capital to the long list of traditional and alternative finance options available to small to medium-sized businesses (SMBs) today.

Lending 131

Lending Capital Strategy Millennials 131

CB Insights

SEPTEMBER 22, 2017

That 2017 is shaping up to be a big year for regtech is not surprising, considering the macroeconomic drivers affecting the space — including the increasing demands of the regulators and the large volume of regulation that companies are required to be in compliance with. RegTech Trends. ANNUAL FINANCING TRENDS.

Compliance 46

Compliance Trends Software Capital 46

PYMNTS

OCTOBER 1, 2018

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. The build-back from the revelations of 2016 was a bit more of a lengthy process.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

DECEMBER 28, 2015

The Office of the Comptroller of the Currency published its supervisory priority objectives for midsize and community banks for 2016. The agency’s examiners are asked to review the adequacy of strategic, capital and succession planning, assessing whether those plans are appropriate in light of the risks in new products or services.

Community Bank 70

Community Bank Compliance Community Lending 70

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. Our platform is open source, which makes it more reliable, innovative and secure.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

MARCH 7, 2018

In fact, new data from venture capital (VC) analysis firm CB Insights, analyzed by global management consulting and professional services firm Accenture Financial Services, suggests FinTech startups’ VC funding hit a new high last year, with major deals in the U.S., The whirlwind of FinTech investment shows no signs of slowing.

Fintech 131

Fintech Lending Big Data Trends 131

PYMNTS

JANUARY 2, 2017

A need for larger working capital and a slower supply chain for both exporters and importers. If you have got the money and it’s being transferred, then we want to shorten the wait time for the accounts receivable side and reduce the amount of working capital that businesses have because they are waiting on payments from other companies.”.

Payments 105

Payments blockchain San Francisco Compliance 105

PYMNTS

FEBRUARY 14, 2018

percent from 2016 to 2021. Each of us needs a digital identity we own, one which securely and privately stores all elements of our digital identity,” the post reads. Comcast’s venture capital unit Comcast Ventures is ramping up its investments in blockchain companies, according to CoinDesk reports.

blockchain 111

blockchain Compliance Mobile Technology 111

PYMNTS

SEPTEMBER 26, 2016

That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). This all is also a product of increased demand for seamless and secure digital products and services in an efficient time frame. Global digital payment volume is slated to hit a new high this year of 426.3

Report 100

Report Payments blockchain Security 100

PYMNTS

DECEMBER 10, 2016

But, of course, for those know how the story turned out at Lending Club in 2016, well, the exciting potential quote drew something of a chuckle. In June 2015 Lending Club announced a partnership with the Clinton Global Initiative and the Opportunity Fund to provide access to roughly $10 million in capital to small businesses in California.

Lending 100

Lending Compliance Capital Marketing 100

Jeff For Banks

FEBRUARY 26, 2023

Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth. Ten years after opening Suncrest did another $25 million raise led by p/e firm Castle Creek Capital LLC. securities laws, be current in their disclosure, and be sponsored by a third-party advisor.

Conference 78

Conference CA Arizona Case Study 78

PYMNTS

JANUARY 31, 2019

The con man pleaded guilty to misrepresenting his company in 2016, then later withdrew his plea and disappeared while on pre-trial release. PYMNTS recently caught up with Anthony Couture, the firm’s chief compliance officer, to discuss how it balances keeping investors and entrepreneurs safe from fraud with a friction-free experience.

Tennessee 108

Tennessee social media Fraud Guidelines 108

Bank Innovation

JANUARY 10, 2017

Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

Fintech Labs Insights

DECEMBER 15, 2016

In a round led by Flint Capital, digital identity verification technology specialist Socure has raised $13 million in funding. Featuring participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures, this week’s investment takes Socure’s total financing to more than $17 million.

Capital 12

Capital New York Compliance Millennials 12

Bank Innovation

SEPTEMBER 10, 2016

On the second day of FinovateFall 2016, fintechs continued to wow attendees with bright, dazzling new finovations. Attendees from banks, credit unions, and other fintech companies saw 31 demos of technology that has applications across the financial sphere, from financial data analysis to mobile payments to trading.

blockchain 150

blockchain Analysis Fintech Mobile 150

Bank Innovation

AUGUST 24, 2016

So when only two fintech startups made it to the stage yesterday at Day 1 of its Summer Demo Day(s) 2016, we took notice. Y Combinator President Sam Altman knows fintech — he helped Green Dot build GoBank, after all. But today 10 of the 48 demoing companies are fintech-focused, Read More.

Fintech 150

Fintech Company social media Operations 150

Bank Innovation

MARCH 24, 2016

Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. Just under 10% of the companies — 15 to be exact — were fintech-related. This is about average for a YC incubator class, with the 26% from Summer 2015 being an Read More.

Fintech 150

Fintech Meeting Company social media 150

PYMNTS

MARCH 6, 2018

Out of 902 ICOs in 2017, 142 never raised enough capital to get off the ground, 276 got lost in the noise or turned out to be scams, and 113 stopped talking about their project online or simply did not attract enough adopters to succeed. In 2016, Rakuten acquired a bitcoin wallet startup, Bitnet.

blockchain 119

blockchain cryptocurrency Bitcoin Technology 119

PYMNTS

NOVEMBER 1, 2017

Unsurprisingly, companies are looking to capitalize on that growing market. percent between 2016 and 2020. in early 2016, and has since launched in several other global markets. The company works hard to remain in compliance with expectations outlined by different nations’ regulatory bodies. million in 2014 to 59.3

Payments 102

Payments Regional America Marketing 102

CB Insights

MAY 8, 2018

And, although Google searches for “bitcoin” and “blockchain” have slid, companies are still flush with cash from 2017’s ICO boom, cryptocurrency price run-up, and venture capital investment — and are spending it. The rise of security tokens as a distinct asset class. Venture activity. Corporate activity. End of story.”

blockchain 75

blockchain Trends Technology cryptocurrency 75

CB Insights

AUGUST 16, 2017

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. Valuation: $1.4B. Valuation: $1.3B.

Meeting 68

Meeting US Capital North Carolina 68

CFPB Monitor

MARCH 8, 2017

The first RFI , issued in November 2016, seeks information about market practices related to consumer access to financial information. Echoing comments he made in October 2016 , Director Cordray also stated that the CFPB “remain[s] concerned about reports of some institutions that may be limiting or restricting access unduly.”

Conference 74

Conference Policies New York City Data 74

FICO

JUNE 15, 2021

Scammers capitalize on a hot real estate market. They are capitalizing on elders’ financial anxiety, and even sweet-talking vulnerable seniors who weren’t even considering selling their homes. Half of jobless workers over 55 had been out of a job at least six months at that point, compared with 35% of younger adults, according to AARP.

Fraud 98

Fraud Capital Marketing Analysis 98

Insights on Business

OCTOBER 20, 2016

In March of 2016, I testified on the revolutionary nature of blockchains before the U.S. invoices a year, is using blockchain technology to reduce dispute times from over 40 days to under 10 days, and free up about USD 100 million in capital that is otherwise tied up at any given time. Set standards for security and privacy.

blockchain 70

blockchain Las Vegas Study Marketing 70

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security.

Online 98

Online Company Retail Payments 98

PYMNTS

OCTOBER 21, 2019

We’ve watched the payments industry address changes in customer behavior, shifts in compliance rules (GDPR, UBO, CCPA, EMV), the introduction of cryptocurrencies and the race to move money faster. CurrentC hung on for a year or so longer, but quietly hung up its cleats with a “to be continued” in June 2016, never to be heard from again. “We

Innovation 131

Innovation Payments Apple Mobile 131

Fintech Labs Insights

AUGUST 25, 2016

million) round of funding it secured earlier this year. The round was led by existing investors Velocity Capital and Frumtak Ventures, based in the Netherlands and Iceland, respectively. It not only offers PFM capabilities but also helps banks with PSD2 compliance by aggregating consumer spend data. million (€7.3

Digital Banking 12

Digital Banking Capital Compliance Tools 12

Fintech Labs Insights

OCTOBER 26, 2016

The Series A also featured the participation of APAGM Services, Jarnac Capital Management, and Rohatton. Pictured: nanoPay founder and CEO Laurence Cooke demonstrating MintChip at FinovateFall 2016 in New York. The technology provides for final, irrevocable transactions in real-time that are cryptographically secured.

New York 12

New York Groups Compliance Security 12

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. Since a 2016 low, the number of US-based, VC-backed tech companies has steadily increased. By 2017, it had much of this codified in its own internal software.

Management 78

Management Capital Company Marketing 78

CB Insights

AUGUST 14, 2017

While late-stage investing rounds are the typical “tipping point” for entry into the unicorn club, one quarter of newborn unicorns in H1’17 earned their $1B+ valuations with a mid-stage Series C capital raise. Select Round Investors: Breyer Capital, Sutter Hill Ventures, Wildcat Venture Partners. Valuation: $1.4B.

US 28

US Capital North Carolina Data 28