PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. Digital Demand. What does that mean, then? Latency Advantages.

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Fintech Mobile Analysis Technology 211

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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Fintech Lending Capital Analytics 78

PYMNTS

JANUARY 29, 2019

Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. The bank has also estimated that the tally includes 4.4 Outside U.S.

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Fintech Cards System Groups 145

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2

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Fintech FDIC Capital Community Bank 109

Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Some even say that blockchain will be the most influential FinTech technology of 2018.

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Fintech blockchain Fraud United States 129

PYMNTS

SEPTEMBER 11, 2019

The strategy also dovetails with API integrations and the emergence of open banking business models. Elsewhere, in Denmark, the FinTech firm known as Nordic API Gateway , which offers the money app Spiir, said this past week that they have received a payment initiation service provider license (PISP). In the U.K.,

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

PYMNTS

JUNE 8, 2020

The scheme by the “Modern Money Team,” as Putnam referred to the entire operation, was reportedly to offer investors “cryptocurrency trading packages” they had purchased, which could have ostensibly been used for “arbitrage” opportunities at Bitfinex. The group managed to get $12 million from 2,000 investors, Coindesk reports.

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blockchain Analytics Utah cryptocurrency 131

PYMNTS

JUNE 21, 2019

Moreover, PSCU’s SVP of Product Denise Stevens told PYMNTS in a recent interview, credit union operators can feel the direction the digital winds are blowing. The right first step forward is often a step back, Stevens noted, so operators can see beyond the individual projects to the total experiences they are trying to construct.

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Fintech Fraud ATM Data 163

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm.

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Capital Fintech Kansas United States 122

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. Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. valuation from December 2018.

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Fintech US Lending Cards 80

PYMNTS

JANUARY 11, 2021

After getting the banking license, Revolut said it would develop a “financial super app.” The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. billion valuation.

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cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

FEBRUARY 3, 2020

Banking is no longer just for traditional FIs, thanks to open banking’s spread. Digital banking development is poised to explode in Singapore, where legacy institutions have traditionally dominated. The landscape also means traditional banks are not particularly motivated to upgrade their platforms or technologies.

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Digital Banking Innovation Maine Regulation 185

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. The creation of open banking initiatives in the E.U.

America 165

America Regulation Regional Tools 165

PYMNTS

JULY 8, 2020

Based in Hangzhou, China, the company operates Alipay, an online payment service that debuted in 2004 and has evolved into the world’s largest payment and lifestyle platform, the company said. In January, Ant began discussions with banks to resurrect plans for an IPO that was shelved over a year ago due to regulatory and profitability issues.

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Groups Report Capital Regulation 175

PYMNTS

JANUARY 20, 2021

s Competition and Markets Authority, in terms of the mechanics of the data sharing, application programming interfaces (APIs) offer a connection that lets the third parties tap into banks’ data and build their own app-focused offerings. Dan Weaver, open banking expert at Equifax U.K., million in 2018 to roughly 6 billion in 2020.

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Data Innovation Fintech Regulation 188

PYMNTS

JULY 28, 2019

The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV , making it the first major Latin American investment by the Menlo Park, California fund. . In this seventh round series F funding, the company raised $400 million and is now the largest “digital bank” in the world, a Nubank press release said. .

America 134

America Capital California Fintech 134

PYMNTS

JANUARY 21, 2020

The startup said this was the largest funding round ever for a French FinTech. The startup has said that business banking on the continent needs to be repaired, and that it can provide a much better experience with its mobile and online-first offerings. . Qonto launched its corporate digital banking solution in 2017.

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Capital Digital Banking Compliance Mobile 131

PYMNTS

NOVEMBER 10, 2020

After gaining a new license to operate as a financial institution in Latin America's largest economy of Brazil, MercadoLibre will work on expanding its portfolio of credit offerings, a report from BNAmericas says. Mercado Pago has been authorized since 2018 by Brazil's central bank to act as a payment institution.

America 156

America Regional Operations Report 156

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents.

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Retail Digital Banking Fintech Regulation 78

PYMNTS

AUGUST 7, 2019

Financefeeds reported that the HKMA, in its latest update to implementation of the Open Application Programming Interface (API) Framework for the banking sector, which dates back to July 2018, is readying for the second phase, known as Customer acquisition. million in new funding led by Holtzbrinck Ventures, says TechCrunch.

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Digital Banking Fintech Millennials Data 129

PYMNTS

OCTOBER 13, 2019

FinTech company Revolut wants to raise as much as $1.5 Launched five years ago, Revolut has almost 8 million customers, offering digital financial services through a mobile application including digital debit accounts, currency exchange, budgeting and person-to-person (P2P) payments. banking licence. banking licence.

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Taxes Fintech Branding Regional 163

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

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Mobile Report America Regulation 229

PYMNTS

OCTOBER 10, 2019

FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking software company Crassula. For banks, Paysend Connect supports access to Crassula’s open banking technology to augment their own offerings to business customers.

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Fintech Cards Software Payments 134

Gonzobanker

JANUARY 16, 2018

The introduction of smartphones kick-started the mobile banking revolution, the financial crisis brought on a world of regulatory pain, and the emergence of fintech startups threatens to disrupt, displace and, well, “diss” banks altogether. The growth of digital banking also impacted the contact center.

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Digital Banking Online Fintech Mobile 136

PYMNTS

DECEMBER 11, 2018

In fact, it is getting some new life from eCommerce operators. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., Digital Banking. FinTech and banks are becoming the best of friends,” he said. That trend is certainly nothing new.

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blockchain Retail Trends Mobile 170

PYMNTS

APRIL 19, 2018

He and his team, at The Open Vault (TOV) are looking to keep pace with other banks by debuting their own AI integrations. That includes FinTech startup CogniCo’s AI-powered chatbot Emma , rolled out in 2016 to answer customer questions about home and renovation loans. The bank is doubling down on its AI development in 2018, Wong noted.

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Fraud Digital Banking Technology Fintech 100

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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Cards Fintech UX Strategy 71

CB Insights

AUGUST 26, 2021

Many of SoftBank’s portfolio companies operate across a variety of different industries. Many of these edtech companies digitize traditionally in-person services like tutoring or test prep — a use case that accelerated tremendously during the pandemic. . Digital banking. Retail & consumer. get the full report.

Regional 94

Regional Fintech Analysis Company 94

Gonzobanker

MAY 31, 2019

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” billion to small businesses in 2018, up nearly 36% over 2017 and double that of 2016. Taking Stock.

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Lending Community Bank Community Data 136

Insights on Business

OCTOBER 11, 2018

This movement — core to cloud — is essential for banks seeking to modernize their legacy systems and become agile and flexible. This is especially true if they’re going to compete with new digital banks and platform companies that are unhindered by the legacy applications and infrastructure. IBM at Sibos 2018.

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Meeting Customer Experience System Guidelines 111

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations.

Regulation 160

Regulation Policies Data Compliance 160

CB Insights

JULY 11, 2019

get the building the bank of the future report. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. oVER 20 Fintech startups with 1m+ customer accounts. fintech startups are Changing the consumer experience.

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PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? In a recent interview, published by Knowledge@Wharton , he said there are about 40 companies operating in the same rough spaces as PagSeguro with annual revenue of at least $250 million. Revenue hit about $250.5

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

APRIL 4, 2019

The study found the portion of FIs that completed innovations early in 2018 stood at 26.7 FinTechs are viewed as collaborators , and per the PYMNTS/i2c research, only 6.5 Yet, said Wain, the view of FinTechs by FIs need not be “either/or” – instead, “it needs to be about execution.”. percent of FI execs see them as competitors.

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Innovation Fintech Survey Customer Experience 119

Accenture

NOVEMBER 27, 2017

Some themes endure year-after-year, as shown in the table below—real-time payments, cybersecurity, fintechs, blockchain and open APIs. Perhaps they are unsurprising, but individually each shows it is a driver of enduring change, and together they show how the industry is transforming and rotating to the new digital era.

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PYMNTS

APRIL 30, 2018

Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. and global stock markets are also top concerns among entrepreneurs surveyed by the bank. dollar, commodities pricing and the U.S.

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Taxes America National Community 144

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

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blockchain Lending User Experience Mobile 171