Let's Talk Payments

NOVEMBER 21, 2017

The year 2017 was the most pivotal year for wealth management – technology startups shot themselves in the foot, empowering the next wave of transformation in one of the most.

Management 110

Management Industry Fintech Technology 110

Bank Innovation

JUNE 8, 2018

Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out.

Innovation 220

Innovation Bitcoin Fintech Industry 220

Bobsguide

FEBRUARY 19, 2017

It is evident that the volume of information and level of analysis available to investors and portfolio managers in 2017 puts even greater emphasis on selecting the right fund management software. Fintech providers are constantly looking to improving the technology available to investors, in.

Software 68

Software Management How To Analysis 68

Insights on Business

JULY 30, 2019

In this series of blogs , we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis.

Risk Management 70

Risk Management Analytics Technology Management 70

Perficient

JANUARY 12, 2021

The top banks have the funds, technology, and development teams to make this happen. This also represents sustained growth as it marks a 3.15% increase from the previous year and a gain of 7.09% over the three-year period from 2017 to 2020. It will inevitably foster closer alliances between financial institutions and FinTech companies.

Trends 332

Trends Fintech Customer Experience Innovation 332

PYMNTS

AUGUST 14, 2018

In technology, innovation, of course, is as critical as oxygen, fueling the “next big thing” and boosting top and bottom lines. And, according to Cipher , a data insights firm based in the United Kingdom, in FinTech, the patent race is one that is seeing some clear winners, among them large tech firms, with traditional banks trailing.

Fintech 189

Fintech Course America Examples 189

Accenture

APRIL 21, 2017

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.

Management 200

Management Innovation Taxes Marketing 200

PYMNTS

MARCH 13, 2019

But mobile devices are an increasingly important part of a small business’ financial management strategy, adding another channel on which banks and FinTechs must innovate to disrupt and improve SMB finances. But outside of basic accounting, manual processes and paper still rule. Open Banking Opens Doors for Mobile.

Mobile 169

Mobile Fintech Software Tools 169

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. Such is the case in cash flow management, according to Chief Commercial Officer Simon Lyons of The Slide App , a new mobile tool rolled out by virtual account management solutions provider Cashfac.

Data 184

Data Fintech Mobile Analysis 184

PYMNTS

DECEMBER 27, 2018

It may be conventional wisdom to assume that banks and FinTech firms are on opposite ends of the financial services spectrum, where large, asset-rich, traditional financial institutions (FIs) stand in stark contrast to small, bootstrapped tech upstarts, competing for clients’ attention and spend. The Strategy of Process.

Fintech 184

Fintech How To Regulation Payments 184

PYMNTS

OCTOBER 16, 2018

In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

Fintech 188

Fintech Regulation cryptocurrency Innovation 188

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. Today, 58 percent of SMBs already have international customers, while 72 percent plan to grow their international customer base by 2017.

Industry 125

Industry Trends Capital Payments 125

PYMNTS

DECEMBER 3, 2019

A FinTech payday startup called Hastee has received a $270 million investment from Umbra Capital Partners, with participation from IDC Ventures and others, according to reports. The startup was founded in 2017 by Simon Draper and James Herbert. Hastee allows workers to get 50 percent of their paychecks up front via the Hastee app.

Fintech 130

Fintech Capital Payments US 130

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7

Fintech 118

Fintech Capital blockchain Lending 118

Gonzobanker

SEPTEMBER 4, 2018

Executives are quickly finding, however, that rather than gaining valuable efficiencies from their vendor partnerships, technology options represent a huge execution risk. In fact, leaders are faced with navigating a perfect storm of suboptimal technology choices. January 2017: Avaya files for Chapter 11 Bankruptcy protection.

Technology 117

Technology Resources Fraud Strategy 117

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. billion as of June 30 of this year and as measured since the August 2017 launch. Open Banking Partnerships – Focus On Romania.

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

SEPTEMBER 27, 2019

percent decline in correspondent banking activity in 2017. Others, like Ebury , are deploying FinTech solutions to move money through mechanisms beyond correspondent banking. Some have a very good understanding of, and are properly managing, currency risk in efficient ways. Not all [SMBs] are born equal,” he said.

Fintech 138

Fintech Management Operations Payments 138

PYMNTS

MAY 22, 2018

At the top of the list, according to reports, is incoming FinTech disruption, legislation like PSD2, market shifts stemming from Brexit and more. Among the speakers was Graham Taylor, Vodafone’s assistant treasurer, who emphasized the potential for PSD2 regulations to have a profound impact on corporate cash management and payments.

Fintech 122

Fintech Conference Survey Management 122

Bank Innovation

MARCH 1, 2019

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.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “We are more than welcoming them.”

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. Banks, of course, cannot ignore the FinTech threat. Competitive Disruption. Cybersecurity.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

DECEMBER 12, 2019

London FinTech startup Portify has raised £7 million in a Series A funding round led by Redalpine , with participation from existing investors Kindred and Entrepreneur First, TechCrunch reported on Thursday (Dec. Portify will use the funding to scale its credit finance service that assists gig economy workers and others who are self-employed.

Fintech 130

Fintech Management Technology Report 130

PYMNTS

MARCH 7, 2018

The whirlwind of FinTech investment shows no signs of slowing. 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.,

Fintech 131

Fintech Lending Big Data Trends 131

Gonzobanker

DECEMBER 19, 2017

FinTech threats and distractions. Endless CRM and data management projects that shook our foundations and gutted our PMOs. While the darling of FinTech conferences, this divestiture seems primarily driven as a means of Customers delaying the $10 billion Durbin hit and maintaining quarterly EPS expectations from the Street.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. It is also one of the four FinTech “unicorns” being cultivated by Ping An, which is a state-backed group.

Bitcoin 144

Bitcoin blockchain social media Fintech 144

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution and offer a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated.

Payments 219

Payments Tools Cards Management 219

PYMNTS

MARCH 2, 2018

individuals than previously reported, corporate disbursements are still made through paper checks, small and medium-sized businesses (SMBs) have expressed optimism about accessing loans from the financial services sector and FinTech sees a rise in venture capital (VC)’s expected compound annual growth rate (CAGR). million | Number of U.S.

Data 101

Data Fintech Study Capital 101

NCR

JANUARY 17, 2017

Given the prevalence of financial services across the globe – in both emerging and developed markets – the disruption opportunity for fintech startups is massive. As fintech startups battle it out to get their share of the business, the drive for innovation is spreading well beyond traditional tech hubs and basic banking products.

Fintech 40

Fintech Trends Industry Compliance 40

PYMNTS

MAY 29, 2018

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. RICP, having reached the hard cap of 1 billion [U.S.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

JUNE 15, 2018

The cost of technology has lessened, though, opening the door for SMEs to bring bits and bytes to supply chains – lessening reliance on manual processes and invoices of the paper kind, thus eliminating errors. Using technology would cut costs that come in tandem with anti-fraud efforts. The tech is licensed by a U.S.

Fintech 115

Fintech Compliance Software Taxes 115

Celent Banking

MARCH 4, 2017

It is my privilege to be part of the judging panel for Celent Model Bank Awards for 2017 for the following three categories: Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity. At the moment we are staying tight-lipped about who won the awards.

Risk Management 100

Risk Management Fraud Management Case Study 100

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike.

Management 87

Management Fintech Industry Trends 87

Bank Innovation

DECEMBER 6, 2016

Fiserv, a leading banking technology company, has signed on as the headline Diamond sponsor of Bank Innovation 2017. Bank Innovation 2017 is this blog’s annual gathering on ideas and opportunities in fintech.

Innovation 150

Innovation Fintech Technology Company 150

PYMNTS

APRIL 2, 2020

New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s banks provide relief to small businesses hurt by the COVID-19 pandemic. For banks that offer SBA loans under the program, Bottomline is offering a technology tool tailored to the agency’s application requirements at no cost. “We

New Hampshire 232

New Hampshire Fraud Georgia Survey 232

PYMNTS

APRIL 30, 2018

According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. And in 2017, those investments were off-the-charts nuts. However, the reality behind the hype tells a different story.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

APRIL 14, 2020

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. and global payments platform Currencycloud have partnered. Users have front office, mid-office and back-office functions in one platform through DerivativeEDGE.

Regional 181

Regional Community Bank America Community 181