PYMNTS
NOVEMBER 9, 2020
In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. Open banking at its basic level refers to parties sharing financial data — between banks and FinTechs or other third parties — through digital means with the account holders’ explicit consent.
PYMNTS
DECEMBER 9, 2019
AvidXchange processed more than $120 billion of invoices and payments across its network of more than 500,000 suppliers in 2018, transforming the way 5,500 customers in North America pay their bills, according to its website. The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn.
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PYMNTS
SEPTEMBER 12, 2017
Research released earlier this month from Boston Consulting Group and Clifford Chance found that banks may see restructuring costs as high as $18 billion and, as a result, may lead to higher banking costs for SMBs. Researchers have also attempted to gain clarity into how Brexit may affect Britain’s FinTech community.
PYMNTS
MARCH 18, 2019
FinTech company Worldline was up 3.1 Transactions have grown in complexity and moved online, and the payment service industry increasingly has to deal with more complicated issues, like foreign currencies and different types of payments, all while moving at extremely fast speeds, according to a report from the Boston Herald.
PYMNTS
JANUARY 7, 2021
Online FinTech startup SoFi announced Thursday (Jan. Noto will continue in his role as CEO which he has held for three years since arriving from Twitter in 2018, where he was COO, and prior to that the NFL, where he served as CFO. The FinTech IPO Market. 7) that it was merging with publicly-traded Social Capital in an $8.6
William Mills
MAY 9, 2018
Welcome to FinovateSpring 2018. There are a number of great events in FinTech but this one I do my best to attend each year. HQ: Boston, MA. Product distribution strategy: Through financial institutions, through other fintech companies and platforms. I’m here at the Santa Clara Convention Center covering the demos.
CB Insights
AUGUST 2, 2018
One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.
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