PYMNTS

DECEMBER 17, 2018

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo.

Capital 116

Capital Compliance Report Software 116

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

JULY 8, 2020

The Chinese financial services company was valued at $150 billion in a 2018 fundraising round. At the time, Credit Suisse and China International Capital Corp. Also in January, Ant was reportedly seeking a wholesale digital banking license in Singapore , with a capital commitment of $100 million.

Groups 175

Groups Report Capital Regulation 175

Insights on Business

JANUARY 25, 2019

Looking at the top five blog entries of 2018, we see that using technology to meet the ever-increasing scale and rate of regulatory change is top of mind for financial service organizations. As Marc Andrew’s notes in his blog, Demystifying AI for risk and compliance , in 2018, we saw AI tackle exhausting regulatory requirements.

Marketing 79

Marketing blockchain Compliance Innovation 79

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT. Phone number.

Fintech 80

Fintech US Lending Cards 80

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. billion in 2018 from $945 million in 2017 and will grow more than 80 percent year over year to reach $9.7 And to learn.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

APRIL 13, 2020

percent in 2018, to 59.5 In this context, the Dutch Authority of Financial Markets has turned to embracing FinTech players in the market to support SMBs, with the regulator’s latest approval going to Finturi. percent in 2019. “Normally the loans are too small to be profitable.”

blockchain 155

blockchain Capital Regulation Fintech 155

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

CB Insights

APRIL 12, 2018

In 2018, the financial services industry is undergoing monumental regulatory reform. European regulations, including the revised payments services directive (PSD2) and the UK’s open-banking mandates, are helping to drive these changes. FINTECH IN EUROPE RESEARCH BRIEFING. Please click to enlarge. Key Takeaways.

Fintech 71

Fintech blockchain Capital Regulation 71

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

MARCH 26, 2018

A lack of access to capital. The red tape of regulation. percent – believe their local economy will at least remain strong or improve in 2018. SMBs say legislation and regulation is their top barrier to growth , compared to just 5 percent that say access to capital is their largest hurdle. Even more – 97.5

Survey 193

Survey Regional Capital Data 193

PYMNTS

JUNE 28, 2019

The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 FinTech startups increased 57 percent to $1.6 To acquire the Bank of Ireland’s U.K. ”

Cards 100

Cards Charlotte Fintech Innovation 100

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

JANUARY 6, 2019

Local FinTech firms such as PeerSafe will be supplying technical support. In recent months Adam White left to become the COO of Bakkt; Hunter Merghart resigned after just six months on the job; Mike Lempres moved to venture capital firm Andreessen Horowitz; and Rees Atlas went to marketing communications startup Twilio.

blockchain 160

blockchain Bitcoin Compliance Regulation 160

PYMNTS

DECEMBER 20, 2018

“Most institutionally-minded crypto firms want to buy proper insurance, and in many cases, getting adequate insurance coverage is a regulatory or legal requirement,” Henri Arslanian, PwC FinTech & crypto leader for Asia, told Reuters. However, getting such coverage is almost impossible despite their best efforts.”.

cryptocurrency 168

cryptocurrency Bitcoin Regulation Regional 168

PYMNTS

SEPTEMBER 11, 2019

Treezor is an electronic money issuer and is tied to a regulatory landscape that spans the French regulators and the European Union’s General Data Protection Regulation. Separately, B2B payments and international money transfer firm B2B Pay said this past week that it plans to become a regulated financial institution.

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

CB Insights

FEBRUARY 20, 2020

In 6 years, Latin America (LatAm) fintech funding has grown from less than $50M to top $2.1B This has caused some investors to pull back in the region and challenged startups to raise funding from new investors, as illustrated further below by the number of unique investors and startups in the LatAm fintech market. LatAm Fintech.

America 96

America Marketing Fintech Regional 96

PYMNTS

JUNE 6, 2018

Months after rolling out a crypto trading platform , Circle Internet Financial Ltd said it has had early talks with regulators about obtaining a banking license in the U.S. The move comes as FinTech firms seek to grow their offerings with inexpensive and accessible products. to transfer money at no cost. this summer.

US 100

US California United States New York 100

CB Insights

APRIL 10, 2019

E-commerce enablement company Klarna raised $108M from BESTSELLER , Permira , and Sequoia Capital , taking the company’s total funding to $497M. Both Permira and Sequoia Capital have previously invested in the startup. as of October 2018, following a minority investment from fast fashion provider H&M.

Lending 29

Lending blockchain Regulation Capital 29

PYMNTS

APRIL 29, 2019

” Additional research examined the state of small business finance for Q1, revealing a healthy level of competition between traditional lenders and FinTechs like PayPal vying to capture more of the small business borrowing segment. middle-market in the recently released Golub Capital Altman Index. 4 spots, respectively).

Lending 168

Lending Michigan Community National 168

PYMNTS

AUGUST 14, 2019

This challenge has led to an influx of challenger banks and FinTechs specifically targeting startups, solopreneurs and small- and medium-sized businesses. To make matters even more confusing, the definition of a small business is often ambiguous both to regulators and to banks.

Lending 122

Lending Cards FDIC Capital 122

CB Insights

JULY 11, 2019

Today, there are over 20 fintech startups that have crossed the 1 million customer account mark, according to CB Insights data — including Acorns , Robinhood , SoFi , Coinbase , and Credit Karma , among others. oVER 20 Fintech startups with 1m+ customer accounts. fintech startups are Changing the consumer experience.

Fintech 64

Fintech cryptocurrency Examples Cards 64

Lex Sokolin

SEPTEMBER 19, 2019

Fintech is expensive. Fintech is everywhere. Fintech is the global competition for regulation, talent, and macroeconomic supremacy. Fintech is the trade war between the US and China. Fintech is the trade war between the US and China. Fintech is Facebook and Amazon. Fintech is the next bubble to burst.

Fintech 40

Fintech Lending United States Data 40

PYMNTS

FEBRUARY 9, 2017

8) said the company is rolling out its PSD2 Open Banking Solution, aimed at reducing the cost of compliance to PSD2 regulations. 2018 to comply with the new rules, are at the same time pressured to promote innovation and enable faster, more agile payment services, Capgemini said. An announcement Wednesday (Feb.

Compliance 100

Compliance Innovation Regulation Payments 100

PYMNTS

DECEMBER 15, 2017

Today in PYMNTS’ data, small- and medium-sized businesses (SMBs) have won the alternative financial venture capital (VC) funding rounds, millions of SMBs are in operation in the U.S. — Here are the numbers: $77 million | Amount raised by alternative financial companies this week in PYMNTS’ SMB finance roundup.

Data 109

Data New York City eBook US 109

PYMNTS

DECEMBER 6, 2017

Collaboration between FinTechs and banks. A small business needs working capital, letters of credit, export insurance logistics, shipping insurance and credit protection. That’s where FinTech comes in. With innovation coming from many angles, the B2B payments space in 2018 isn’t likely to see a linear path to progress.

Payments 183

Payments blockchain Innovation Fintech 183

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. months in the first half of 2018, from 5.6 months in the first half of 2017.

Marketing 108

Marketing Community Community Bank Industry 108

Accenture

FEBRUARY 28, 2017

Expect regulators to act to contain it, with new regulation similar to those in the PSD2 (EU) for secure customer authentication being copied elsewhere around the world. However, banks will continue investments in blockchain technology, but mainly in capital markets, outside of payments. Transaction Banking.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

Expect regulators to act to contain it, with new regulation similar to those in the PSD2 (EU) for secure customer authentication being copied elsewhere around the world. However, banks will continue investments in blockchain technology, but mainly in capital markets, outside of payments. Transaction Banking.

Payments 150

Payments Bitcoin Samsung Fraud 150

Fintech Labs Insights

SEPTEMBER 21, 2020

The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. Founded: 2018. Making it easier to comply with global regulations. Capital Markets & WealthTech. 10M July 2019 $3M July 2018 $400k Aug 201.

Innovation 15

Innovation Fintech blockchain Capital 15

CB Insights

AUGUST 13, 2020

The fintech industry is continuing to mature, with Q2’20 setting a new quarterly record for $100M+ mega-rounds and seeing a host of exit activity, including filings to go public from Lemonade , nCino , and Rocket Companies. Free Download: State of Fintech q2’20. Embedded fintech gains traction across applications.

Fintech 77

Fintech Trends Retail Software 77

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

Payments 100

Payments Regulation Compliance National 100

PYMNTS

DECEMBER 14, 2018

Private sector innovation is of value, and pilot programs may be too, which opens the door to FinTech — all of which now can come through industry commentary. Those efforts, however, need proper investment of financial or human capital.” Perhaps think of it as a loosening of oversight?

Compliance 148

Compliance Innovation FDIC Examples 148

CB Insights

DECEMBER 15, 2020

As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike. Consolidation will continue, even between fintech startups. Total wealth management deals were up 31% from 2018, according to PwC. Source: Deloitte. Source: Bloomberg.

Management 87

Management Fintech Industry Trends 87

CFPB Monitor

JUNE 11, 2019

This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. The size of transactions involving money transmission are similarly regulated on a case-by-case basis.

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Utah Arizona Regulation Innovation 60

CB Insights

FEBRUARY 20, 2018

Earlier this year, US regulators blocked what would have been a massive $1.2B Fintech: 2017 Year-in-Review & 2018 Trends. In the briefing we’ll highlight 2017 trends and explore what’s ahead for fintech in 2018, looking across payments, wealth management, insurance, and more.

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US United States Minneapolis Regulation 42