Bank Innovation

SEPTEMBER 27, 2017

Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? What is the state of banking innovation today? Each year, we poll the industry to find out.

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Innovation blockchain Fintech Industry 257

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. This year, the pressure for banks to innovate is high, as banks no longer […].

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Innovation Bitcoin Fintech Industry 220

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

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Fintech Capital blockchain Lending 118

PYMNTS

JANUARY 11, 2021

The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. Revolut was granted a European Union banking license in Lithuania in December 2018 and has begun operations in central Europe. billion valuation.

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cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

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PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend.

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Lending Capital Fintech Security 190

Gonzobanker

DECEMBER 19, 2017

FinTech threats and distractions. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Oh, by the way, that Fintech darling of two years ago Lending Club?

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Conference Industry Community Bank Community 101

PYMNTS

JANUARY 26, 2021

MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report. In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release.

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blockchain Guidelines cryptocurrency Marketing 244

PYMNTS

AUGUST 3, 2020

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3). ‘Ndrangheta operates from the Calabria region in Southern Italy.

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Regional Online Fintech Regulation 362

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.

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PYMNTS

JUNE 10, 2019

According to a report , the Chinese startup PingPong, a FinTech company, will invest €100 million ($113 million) in Luxembourg. PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe.

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PYMNTS

JANUARY 24, 2019

Singapore-based FinTech startup Credit Culture has secured $29.4 In a statement, Credit Culture said this is the “first time that a startup in Singapore has secured significant funding before the launch of services.”. Singapore’s FinTech scene has been flourishing lately. million in funding for FinTechs at the time.

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Fintech Comparison Security Lending 125

PYMNTS

DECEMBER 18, 2020

This week showed investor interest in B2B FinTech companies in international markets, as a trade finance platform in India and a human resources (HR)/payroll cloud software firm in the U.K. The firm, which Sundeep Mohindru rolled out in 2017, seeks to grow its network throughout India and invest more in technology with the new infusion.

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Capital Company Washington Resources 192

PYMNTS

APRIL 14, 2017

startups in the first quarter of 2017. “It held a strong presence in B2B FinTech venture capital — half of the eight funding rounds closed in this space this week went to U.S. held a strong presence in B2B FinTech venture capital — half of the eight funding rounds closed in this space this week went to U.S. Enterprise Security.

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Fintech Capital Security Lending 109

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. Please click to enlarge.

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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.

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Innovation Fintech Technology Company 150

Chris Skinner

MARCH 23, 2017

They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. As of January 2017, there are 58.8 Customers expect simple, secure, fast and convenient shopping and payment experiences. million credit cards, 118.3 debit cards and 1.7

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PYMNTS

DECEMBER 9, 2016

Analysts say that investors’ wallets could be opening up as we enter 2017, though. While Khanna added that it’s “hard to say” whether venture capital funding is getting easier for startups, there is evidence that FinTech — and, specifically, B2B FinTech — is headed for a solid year. million , announced Thursday (Dec.

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Fintech blockchain Capital Metro 100

PYMNTS

DECEMBER 16, 2019

He added that payment service providers (PSPs) and payment operators have worked diligently “to create both critical mass and pan-European reach.” . Fraud is one of the bigger obstacles faced by banks, FinTechs and other financial players that wish to adopt instant payments.

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Jeff For Banks

DECEMBER 27, 2022

Many solutions providers in the fintech space are very young, don't have many installations, and have yet to turn a profit. To see where they are now because they were much ballyhooed by a top trade show in the country for fintech solutions. Finovate Best of Show: Fall 2017 Five years ago, these were rated the best.

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Innovation Fintech Conference Austin 78

Bank Innovation

JANUARY 27, 2017

Don’t miss your chance to secure your spot at Bank Innovation 2017 for the lowest available rate, and join attendees from companies already registered, such as: BBVA Braintree Capital One JPMorgan Chase Mastercard Rabobank Concentrix Silicon Valley Bank TD Bank U.S.

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Innovation Capital Security Company 150

PYMNTS

FEBRUARY 24, 2020

These firms are finding that managing both systems in the cloud offers the flexibility and security needed to streamline invoicing and cut costs, while keeping operations running as smoothly and accurately as possible. Growth encouraged the media company to switch to automated processes.

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Software Fraud System Survey 223

PYMNTS

JUNE 6, 2019

Fewer than 200 credit unions in the country made an SBA loan in the past 16 months, while the number of credit unions participating in the program in Fiscal Year 2017 fell by 1 percent. Like banks, credit unions are increasingly collaborating with FinTech firms to drive adoption of new technologies, with 48.5

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Lending Analytics Data Security 129

PYMNTS

OCTOBER 17, 2017

And while much has been quiet on the ILC front ever since, as of 2017, two big FinTechs made them very visible again: Sofi in June and Square in mid-September. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank. billion to more than 141,000 firms.

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PYMNTS

DECEMBER 30, 2019

Keychain is developing an innovative data security framework targeting the financial, industrial and enterprise spaces. JCB said it will use Keychain’s platform to build out cybersecurity features and “operational integrity in next-generation payments systems,” according to the release. . Keychain was established in 2016.

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blockchain Payments Security Cards 102

PYMNTS

JULY 24, 2019

back in 2017, they haven’t yet hit ubiquity. It’s also possible that FinTechs are not conveying the benefits of electronic payables when discussing processes with FIs. FinTechs have been partnering with banks to drive innovation and increase usage of real-time B2B payments. Security as an Added Benefit.

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Payments Survey Community Bank Fraud 167

PYMNTS

JANUARY 14, 2021

During his career at Citi, Khaliq has served in management positions in banking, markets and securities services, country management (CCO) and treasury services. Prior to his appointment as global head of TTS, Khaliq served as head of operations and technology for TTS. Medius and Pagero Team on Digital Invoice Management.

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Tools Management Capital Technology 140

PYMNTS

SEPTEMBER 19, 2018

A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will disrupt the market. By the end of the year, the company expects its annual revenues to have quadrupled from 2017 levels. “ A press release issued Tuesday (Sept.

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Software Capital Technology Fintech 143

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. The biggest obstacle is that the major card networks are setting the standards for how payment networks operate, Martz said.

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Fraud Cards Retail Security 131

Insights on Business

JANUARY 4, 2018

In banking and in financial services generally, we’re seeing new technologies emerge every day, in both customer-facing and operational capabilities. This is due, in part, by the rise of the fintechs, which are driving innovation across every area of banking. In banking, the three most important words might be “speed, speed, speed.”.

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Customer Experience Innovation Fintech System 156

Celent Banking

FEBRUARY 24, 2017

Operations and Risk. Creating a consolidated point of access for all corporate banking services using portal technology that eliminates the need for multiple logins and security procedures was just one of the types of initiatives that were submitted. Legacy Transformation / IT Platform Innovations. Emerging Innovation.

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Innovation Boston Technology Meeting 114

PYMNTS

APRIL 2, 2018

On the global stage, bitcoin fell below $7,000 to just above $6,800, and Ripple slipped to its lowest price since the end of 2017. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.”

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PYMNTS

MAY 24, 2018

The CEO of the Dubai Multi Commodities Centre (DMCC), Gautam Sashittal, likened FinTech’s impact on modern trade as that of the advent of the shipping container in the 1950s. Moving forward, blockchain will be an instrumental innovation to continue FinTech’s disruption of the trade finance market, the DMCC said.

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Survey Fintech blockchain New York 100

PYMNTS

JANUARY 31, 2019

In addition, Grab plans to start offering solutions and privileges from United Overseas Bank Limited (UOB) in Singapore , Fintech firm BPP has unveiled a digital wallet dubbed BPP Pay for the Brazilian market and passengers from China can now make payments with WeChat Pay at an airport in Italy.

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PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising. 3D Secure 2.0

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Payments Regulation Security Data 195

PYMNTS

JUNE 13, 2019

and India in 2017. Amid that push, Amazon released stats on its B2B operations last year, noting that Amazon Business is growing faster than its retail operations. Last year, the company expanded Amazon Business into Italy and Spain after launching in the U.K.

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Fraud Retail Industry Fintech 139

PYMNTS

FEBRUARY 14, 2018

just secured more than $97 million through an initial public offering. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. An alternative lending conglomerate based in the U.K. reports noted.

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