PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. Blockchain. Blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

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 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.

Mobile 229

Mobile Report America Regulation 229

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.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

PYMNTS

JULY 29, 2019

The debit card was introduced early in 2018 in Europe. Glint Pay users use a bank account to purchase actual gold held in a vault in Switzerland, and the company charges a 0.5 Glint Pay users use a bank account to purchase actual gold held in a vault in Switzerland, and the company charges a 0.5 percent transaction fee.

Cards 191

Cards Colorado Denver Fintech 191

PYMNTS

JANUARY 11, 2021

British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). license for financial services will enable it to offer banking products “U.K. customers expect from their everyday primary bank account.” .

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

JULY 8, 2020

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

Groups 175

Groups Report Capital Regulation 175

PYMNTS

JANUARY 20, 2021

In broad strokes, open banking lays out a path and process for banks and other financial institutions (FIs) to share their customers’ data with third parties (even competitors), where that data tie into apps and new products and services. Dan Weaver, open banking expert at Equifax U.K., Open Banking In The States .

Data 188

Data Innovation Fintech Regulation 188

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.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

MAY 3, 2020

Bó , the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest, following a six-month opening launch, according to a Yahoo Finance UK report.

Branding 181

Branding Resources Digital Banking Regulation 181

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.

Retail 78

Retail Digital Banking Fintech Regulation 78

PYMNTS

OCTOBER 29, 2018

As a result of the passage and adoption of open banking regulations, like PSD2 in Europe, banks and other financial firms are sharing data more freely than ever before. Adapting To Open Banking . The resulting transactions brought about by open banking aren’t the only digital fraud concerns for banks.

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Security Fraud Tools Data 192

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.

Digital Banking 129

Digital Banking Fintech Millennials Data 129

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. The country’s government and regulators are keeping pace with those in the European Union and the U.S. he remarked. “I

Regulation 160

Regulation Policies Data Compliance 160

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.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? As far as innovation goes, “FinTech is the most developed,” Monteiro said. One important piece of data is knowing that about half of the Latin American population isn’t banked. Revenue hit about $250.5 million in Q1.

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

MAY 23, 2019

Digital banking is not the main element that drives consumers toward using a credit union. However, as Lumin Digital President Jeff Chambers told Karen Webster in a recent conversation, that doesn’t mean the digital banking experience isn’t critical to credit unions’ relationships with their members.

Online 123

Online Millennials Digital Banking Maine 123

Chris Skinner

DECEMBER 5, 2017

I’ve recently noted a number of reports about Open Banking, with many published recently due to its imminent arrival on January 13, 2018. Source: IBM As can be seen, we have several different groups working on Open Banking.

Groups 340

Groups Payments Report Digital Banking 340

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

JUNE 7, 2019

As has been recounted in this space, the European Union’s SCA regulation looks to have hundreds of millions of consumers confirm they are who they say they are when they buy goods and services online. billion in 2018) come from a recurring subscription model. Roughly two thirds of the site’s net sales (the total top line was $3.5

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Fintech Study Online Retail 101

PYMNTS

NOVEMBER 6, 2019

JPMorgan’s wholesale payments sector was responsible for 10 percent of the company’s $109 billion in 2018 revenue, the report noted. . Over the next five years, banks could lose 15 percent of revenue — an estimated $280 billion — in the payments space due to rivalry from non-banks, according to a September report from Accenture. “We

New York 103

New York Fintech Payments Report 103

PYMNTS

NOVEMBER 6, 2019

JPMorgan’s wholesale payments sector was responsible for 10 percent of the company’s $109 billion in 2018 revenue, the report noted. . Over the next five years, banks could lose 15 percent of revenue — an estimated $280 billion — in the payments space due to rivalry from non-banks, according to a September report from Accenture. “We

New York 101

New York Fintech Payments Report 101

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.

Fintech 64

Fintech cryptocurrency Examples Cards 64

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.

Innovation 171

Innovation Conference Fintech blockchain 171

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.

Meeting 111

Meeting Customer Experience System Guidelines 111

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

SEPTEMBER 19, 2019

FIs are also offering more ways for customers to enroll, such as through mobile, with 36 percent of banks and credit unions now offering end-to-end mobile account opening features for users. Fraud tends to go where users are, and there was a 117 percent increase in overall mobile fraud in 2018.

Fraud 144

Fraud Data Mobile Tools 144

Gonzobanker

AUGUST 7, 2018

Tuesday, July 31, 2018, may go down in history as Fintech Day in the United States. Treasury Department released a 222-page report titled A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation , and the OCC announced it would consider charter applications from fintech companies.

Data 60

Data Report Fintech United States 60

PYMNTS

OCTOBER 29, 2018

Facebook reported on their website that their teams have made progress: They removed 837 million pieces of spam in Q1 2018 before anyone reported it, disabled 583 million fake accounts “within minutes” of going online and removed 24 million inappropriate pictures related to violence and nudity. million such pieces. eBay … and eBay.

Payments 196

Payments Google Apple Innovation 196

Insights on Business

OCTOBER 17, 2018

Ten speakers on stage at Sibos 2018. While you are there, explore how IBM LinuxONE and Temenos work together to provide a “one-stop-shop” for modernizing core banking systems. Learn about the benefits of the The LinuxONE T24 Digital Banking Platform: Optimized architecture for Temenos T24 and Temenos core modules.

blockchain 110

blockchain Video Compliance Meeting 110

Insights on Business

SEPTEMBER 18, 2016

Some forward-looking banks, – and even more third-party providers (TPPs) and financial services technology companies (FinTechs) are embracing the directive as an opportunity to gain a competitive edge, retaining and gaining customers through value-added services. Value-Added Services = Profits for Banks. Paving the Road Ahead.

Marketing 70

Marketing Payments Compliance Security 70

CB Insights

OCTOBER 10, 2018

See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. Why now for digital banking startups. Digital banking adoption among consumers and small businesses (SMBs) is at an inflection point. Sector breakdown & growth drivers.

Retail 78

Retail Cards Millennials Mobile 78

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

MAY 1, 2020

Open banking developments were impacting customers’ interactions with their banks before the COVID-19 pandemic. Financial institutions (FIs) and regulators in Singapore, the E.U. APAC lawmakers appear to be using them as a guide in creating their own regulations, including in Dubai and South Korea. and the U.S.

Innovation 245

Innovation Regulation Digital Banking Security 245

Insights on Business

JUNE 28, 2018

Through this initiative, we are already seeing the start of more a more competitive, collaborative and innovative banking industry. These objectives will be achieved by facilitating market entry for regulated non-bank players and driving increased transparency and customer protection. When one door closes, many more open.

System 130

System Innovation Industry Technology 130

NCR

NOVEMBER 20, 2017

Initiatives such as the forthcoming PSD2 legislation in the EU and ‘open banking’ drives in markets like the UK and Australia are placing a big emphasis on enabling competition through wider sharing of data. Bank of America piloted this system with two data aggregators.

Data 49

Data America Charlotte Industry 49

PYMNTS

MARCH 12, 2019

Among the latest headlines swirling in FinTech: Digital bank Revolut, based in the United Kingdom, has taken on an adviser, along with filling new positions, to bolster compliance teams at the firm. Asked about which cases spotlight the need for comprehensive money laundering regulation in the European Union, Jee cited several.

Regulation 148

Regulation Fraud Examples Data 148