PYMNTS

SEPTEMBER 12, 2019

Compliance failures are prevalent worldwide: Approximately $26 billion worth of fines were levied against banks for AML, KYC and sanctions noncompliance between 2008 and 2018. FinTechs could face these same financial pains as regulators increasingly demand that they follow the compliance rules to which FIs must adhere.

Fraud 189

Fraud Fintech Compliance Regulation 189

PYMNTS

MARCH 22, 2018

But even as more consumers use mobile and online banking apps than ever before, they are frustrated by the experience when they log on, and still prefer visiting a bank branch for more involved transactions. . Around the Digital Banking World. Fintech sector as a whole brought in just £1.7

Digital Banking 152

Digital Banking Report Mobile Online 152

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. The debut of 5G promises to add another tool that can aid such efforts. 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.

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Fintech Lending Capital Analytics 78

CB Insights

SEPTEMBER 1, 2020

CB Insights has unveiled the third annual Fintech 250 — a list of 250 of the top private fintech companies using technology to transform financial services. The 2020 Fintech 250 cohort has raised approximately $49.2B 25+ winners will be presenting at our upcoming fully virtual Future of Fintech Conference (Nov.

Fintech 101

Fintech Company Lending Capital 101

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

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. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security.

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Fintech blockchain Fraud United States 129

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.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

JULY 5, 2019

FinTech firms are taking on real-time payments for business-to-business (B2B) use cases – and teaming with banking partners to drive innovation. AvidXchange , for instance, worked with Fifth Third Bank to enhance B2B payments while leveraging the inherent capabilities in the RTP network from The Clearing House.

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Fintech Payments Innovation Company 174

PYMNTS

JUNE 28, 2018

Coverage includes Oracle ’s decision to bring its FinTech Innovation Program to Brussels. In addition, blockchain technology is expected to take hold in India and BS/2 plans to expand its point-of-sale (POS) terminal network in Georgia. “Blockchain technology is bound to register substantial growth over the coming years.

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blockchain Georgia Fintech Innovation 109

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. customer impact.

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Fintech FDIC Capital Community Bank 109

PYMNTS

JUNE 21, 2019

Finding Friendly Ground With FinTech Firms. That is a big revelation — fundamentally, it means that when people are planning their future, saving for retirement or planning a loan for a home, they are willing to trust that to a FinTech simply because of ease of use and access,” she said. It can be a better offering going forward.

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Fintech Fraud Data ATM 163

CB Insights

JANUARY 5, 2021

High fees, poor customer experiences, and archaic technology have historically blocked many from accessing financial services. . get the state of challenger banks report. Download the free report to find out what it will take for challenger banks to develop a meaningful share of the banking market. First name.

Digital Banking 98

Digital Banking US Online FDIC 98

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 news set off a high-stakes race among today’s top global eCommerce, finance and technology players.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

PYMNTS

AUGUST 25, 2019

Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories. And Experian Australia & New Zealand announced that it has acquired FinTech Look Who’s Charging. The deal combines Experian’s global open data solutions with Look Who’s Charging’s advanced enrichment capabilities.

Data 109

Data Fintech Lending Regional 109

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. Below, we dive into where the Fintech 250 Class of 2018 startups are now. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT.

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Fintech US Lending Cards 80

Gonzobanker

DECEMBER 4, 2019

Recent acquisitions illustrate how data is driving fintech valuations. Fintech deals continue to dominate the financial service headlines, and a growing number of these transactions are in analytics. Precision Lender reports 150 clients, and Cornerstone sees them mostly in commercial banks. nCino recently announced.

Analytics 100

Analytics Lending Fintech Leadership 100

PYMNTS

SEPTEMBER 3, 2019

Monese raised $60 million in Series B funding led by Kinnevik in 2018. PayPal, Augmentum Fintech, International Airlines Group and Investec’s INVC Fund also participated in the round. In May , Monese extended Apple Pay support through 13 countries in Europe, and also arrived at National Australia Bank. as well as France.

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Fintech Apple National Mobile 129

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

JANUARY 31, 2019

The new Digital Banking Tracker highlights how banks are adopting new approaches to protect their customers and clients from nefarious actors. News From The Digital Banking Landscape. In the UAE, for instance, a group of banks recently banded together to crack down on acts of check-related fraud.

System 197

System Fraud Digital Banking Groups 197

PYMNTS

JUNE 8, 2020

In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported. The firms are operating using distributed ledger technology (DLT), which has been growing — in 2018, the number of firms using it sat at only 27 percent by comparison.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

Gonzobanker

JANUARY 25, 2019

Fiserv acquiring First Data Corporation is a huge deal in the fintech world. Twenty-two billion dollars is a monster-size deal, but at 2X First Data’s annual revenue, the price is a way lower revenue multiple than the growth-oriented digital mashups lining up in the market. Diversification versus Concentration.

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Data Fintech Community Bank UX 128

PYMNTS

MAY 28, 2020

The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches to access the services they need. Developments From Around The World Of Digital-First Banking.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

NOVEMBER 19, 2019

The fact that fraud is on the rise is not new, nor is it surprising that banks are turning to artificial intelligence (AI) and machine learning to fight back. In the latest Digital Banking Tracker , PYMNTS looks at how banks are currently approaching their use of AI and machine learning in fraud protection and technology innovation.

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Fraud Digital Banking Innovation Data 109

William Mills

SEPTEMBER 25, 2018

And of course, SMB lending has been a huge focus for fintech. This is a digital bank based in Russia and today they are demoing their mobile banking offering. William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018. Tweet #Finovate.

Mobile 78

Mobile Customer Experience Lending Analytics 78

PYMNTS

DECEMBER 1, 2017

Those partaking in the program, which aims to support later-stage FinTech and technology startups, total 11 firms selected from five countries. One startup, AID:Tech , deploys blockchain technology for digital entitlements. 15, 2018.

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Groups Resources Fintech blockchain 147

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.

Capital 131

Capital Digital Banking Compliance Mobile 131

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

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

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

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories. Source: Kindur .

Millennials 73

Millennials Fintech Tools Fraud 73

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

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

PYMNTS

APRIL 19, 2018

The banking industry is racing to embrace AI technology. billion in 2017 alone, and 64 percent of banks reportedly plan to spend at least as much in the coming year as they did in the previous one. Ken Wong, head of customer insights for OCBC Bank , is seeing that growing interest firsthand.

Fraud 100

Fraud Digital Banking Technology Fintech 100

Fintech Labs Insights

JUNE 26, 2023

Other than a brief spike in 2018, it’s been 15 years since short-term rates were high enough for most small-to-medium-size businesses (SMB) to worry about chasing yield on their parked cash. Are we about to see a rush of fintech startups serving the interest-sensitive small business market? Maybe, maybe not. 613 reviews) 2.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

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Fintech social media Analysis Marketing 51