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. ”

Capital 122

Capital Fintech Kansas United States 122

Bank Innovation

MARCH 8, 2018

EXCLUSIVE – In honor of International Women’s Day, it’s important to appreciate the progress women have made in the fintech world. But, it’s equally necessary to acknowledge that there’s a long way to go. Female-led startups still have a harder time getting investment, perhaps because most investment firms are led my men.

Video 186

Video Fintech National Capital 186

CFPB Monitor

FEBRUARY 20, 2019

The Conference of State Bank Supervisors (CSBS) announced last week that it has agreed to implement 14 recommendations made by its Fintech Industry Advisory Panel (Advisory Panel). It has 33 fintech company members that engage with the CSBS Emerging Payments and Innovation Task Force and other state regulators.

Fintech 68

Fintech Conference Survey Regulation 68

PYMNTS

FEBRUARY 8, 2018

percent of domestic and cross-border payments in December 2017, SWIFT found, with the company’s Head of Payments Markets, Asia-Pacific, Michael Moon noting, “Experts suggest that capital controls and uncertainties over future regulations mean that a significant reversal of the decline in RMB usage for trade and payments is unlikely in 2018.”.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

DECEMBER 5, 2018

India saw a busy year in B2B FinTech as the small business (SMB) community continued to demand enhanced financial services. The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation.

Innovation 171

Innovation Survey Operations Community 171

PYMNTS

NOVEMBER 21, 2017

has its own Open Banking initiatives coming into force in 2018, too. They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. As the U.K. As the U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

MAY 19, 2019

Wong was in charge from 2007 until 2018. The National Credit Union Administration was named as Municipal Credit Union’s conservator, Linda Lacewell, the state’s acting financial services superintendent, told Reuters. million worth of New York State Lottery tickets with the money he embezzled.

New York 181

New York Security Customer Experience Innovation 181

CB Insights

DECEMBER 19, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B, a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Data is as of 12/19/2019.

Fintech 51

Fintech Regional Analytics Groups 51

CFPB Monitor

JANUARY 19, 2022

federal district court in December 2020 seeking to block the OCC from granting a national bank charter to Figure Technologies Inc. The lawsuit represented the CSBS’s third challenge to the OCC’s authority to issue special purpose national bank (SPNB) charters to non-depository fintech companies or to uninsured deposit-taking fintechs.

Technology 78

Technology National FDIC Fintech 78

PYMNTS

DECEMBER 9, 2019

Instant” is becoming the posted speed limit nationally and globally for transactions. That’s the picture emerging as B2B payments hustle to catch up to consumers who ran off giddily with P2P and the FinTechs. It’s a disconnect that could not be more glaring. Paper checks are history, and that’s okay. Embarrass­­­ing, sure. The Big Gig.

Millennials 130

Millennials New York City National New York 130

PYMNTS

OCTOBER 30, 2018

In the course of conversations with many innovators and entrepreneurs about how they ended up founding the firms the founded, we tend to hear something of a recurring theme. It always starts with a problem, usually one the innovator has run across in their day-to-day life and tries to solve with a simple solution.

National 122

National Fintech Mobile Lending 122

CB Insights

DECEMBER 12, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B , a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Lending Club.

Fintech 41

Fintech US Lending Analytics 41

PYMNTS

JANUARY 20, 2021

The study went on to note that such economies’ “significant headroom for growth would make them highly attractive to innovators and investors.”. Coming off a March 2018 “base,” we find that initial reading for the index is 207.8, indicating significant growth (denoted by readings above 100).

Payments 182

Payments ATM Training Study 182

PYMNTS

JULY 1, 2019

Traditional banking options are not up to par in today’s digital world, and FIs and FinTechs need to be ready to support their clients with quick, transparent payment methods and easy currency conversions if they want to remain competitive. Canadian payments network Interac has experimented with blockchain for consumer payments.

blockchain 211

blockchain Payments Retail Innovation 211

PYMNTS

APRIL 3, 2019

Separately, in other company news, Canadian FinTech Buckzy Payments announced its launch earlier this week, eyeing international payments through what it has termed a “safe, secure and convenient ecosystem.”. These shortcomings make the cross-border payment industry ripe for disruption and innovation.

blockchain 231

blockchain Payments United States Innovation 231

PYMNTS

JUNE 6, 2019

Last month, the Small Business Administration (SBA) and the National Credit Union Administration (NCUA) announced a collaboration that aims to promote credit unions’ participation in the SBA small business lending program, via webinars and training events aimed at broadening the credit union sector’s small business lending efforts.

Lending 129

Lending Analytics Data Security 129

Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. 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. 10M July 2019 $3M July 2018 $400k Aug 201. Digital Assets.

Innovation 15

Innovation Fintech blockchain Capital 15

PYMNTS

DECEMBER 6, 2017

Collaboration between FinTechs and banks. And, much to the relief of corporates, the continuing focus on B2B payments innovation. We are definitely seeing more innovation in the cross-border B2B space in the last two years than we have ever before,” he recently told PYMNTS. “We That’s where FinTech comes in.

Payments 183

Payments blockchain Innovation Fintech 183

PYMNTS

NOVEMBER 22, 2017

The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed ledger initiatives from the private and public sectors took major steps forward. The nation’s excitement over distributed ledger technology (DLT) cannot be ignored.

blockchain 134

blockchain Fintech Innovation Report 134

Bobsguide

OCTOBER 4, 2022

London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. In 2018 we declared that the future of finance is open. This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration.

Leadership 68

Leadership Innovation Industry Capital 68

PYMNTS

DECEMBER 5, 2019

Which has created an opportunity for FinTech players worldwide — but also perhaps a series of unseen risks for Indian consumers. But where banks don’t provide, FinTech innovators rush to fill a vacuum. And, according to Wall Street Journal reports, in 2018 U.S. The Less Consumer Friendly Side of FinTech Lending.

Lending 131

Lending Fintech Regulation Report 131

CFPB Monitor

FEBRUARY 14, 2019

” In September 2018, the Bureau proposed significant revisions to its “Policy to Encourage Trial Disclosure Programs” which sets forth the Bureau’s standards and procedures for exempting individual companies, on a case-by-case basis, from applicable federal disclosure requirements to allow those companies to test trial disclosures.

Policies 68

Policies Groups Fintech Lending 68

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. With the possible exception of FinTechs that stand to gain from customer defections and perhaps some legacy banking competitors, no one is rooting against the CUs.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

DECEMBER 30, 2019

Fifty-four countries now have active real-time payment programs, up from 40 countries in 2018. Find more real-time expansion efforts by FinTechs in the News and Trends section. The education space is also in need of innovative payment processes. Bursari Helps Public Schools Adopt Faster Payments.

Payments 130

Payments System Maine Fintech 130

CFPB Monitor

MAY 16, 2019

The Office of the Comptroller of the Currency (OCC) has opened its own “sandbox” through a Proposed Innovation Pilot Program (Program) designed to promote its innovation initiatives, add value through proactive supervision, and continue its objective to lead fintech innovation expansion.

Innovation 68

Innovation Tools Fintech National 68

Independent Banker

DECEMBER 31, 2018

I’m of course talking about advocacy, education and innovation: the three pillars for which ICBA is known. We moved mountains in 2018 with the passage of the Economic Growth and Regulatory Relief Act (S.2155), Happy New Year, community bankers! I know many of you are eager to get started on your New Year’s resolutions. now is the time.

Community Bank 70

Community Bank Community Nashville Fintech 70

PYMNTS

DECEMBER 14, 2018

News came earlier in the month that several federal agencies have come out — together — in support of banks embracing innovation in their compliance efforts. Thus, said the agencies, banks should eye technology, and should endeavor to “consider, evaluate, and where appropriate, responsibly implement innovative approaches in this area.”

Compliance 148

Compliance Innovation FDIC Examples 148

PYMNTS

APRIL 15, 2019

FinTech provider Rapyd is teaming up with OCBC Bank to provide Singapore shoppers as well as eCommerce retailers with real-time bank payments, Rapyd said in an announcement. The tie-up taps into Singapore national peer-to-peer funds transfer service PayNow to let clients of the bank use the OCBC Pay Anyone app.

Mobile 108

Mobile Online Retail System 108

PYMNTS

FEBRUARY 24, 2020

as they upgrade their online data and financial rules to support global digital banking innovations. Its policies mandate that corporations share private data with it, for example, meaning Chinese regulatory innovation requires serious consideration from any entities that wish to work there. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

NCR

JULY 19, 2016

Declining cost-income ratios, competition from fintech startups and blue chip technology companies, as well as mobile and online banking channels – these are the new realities facing financial institutions today. Further, the inflow of revenue from digital sales can reach more than 50 percent by 2018, according to their estimations.

Innovation 40

Innovation Customer Experience Retail National 40

PYMNTS

FEBRUARY 21, 2018

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. Perhaps it isn’t surprising that analysts are now musing about how to avoid a repeat of the Punjab National Bank fraud scandal, and some are looking towards blockchain to do so. United States.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

MAY 24, 2018

The CEO of the Dubai Multi Commodities Centre (DMCC), Gautam Sashittal, likened FinTech’s impact on modern trade as that of the advent of the shipping container in the 1950s. Moving forward, blockchain will be an instrumental innovation to continue FinTech’s disruption of the trade finance market, the DMCC said.

Survey 100

Survey Fintech blockchain New York 100

PYMNTS

JANUARY 6, 2020

will be expected to open their platforms and application programming interfaces (APIs) to smaller FinTechs and third-party players in ways that comply with PSD2, potentially including SCA. Turkish institutions. Preparedness helps with confident compliance .

Regulation 131

Regulation Industry Data Regional 131

FICO

JANUARY 5, 2023

The UltraFICO® Score , which debuted as a pilot program in partnership with Finicity and Experian in the fall of 2018, considers an individual’s consumer-permissioned checking and savings account data to enhance their FICO® Score. New UltraFICO® Score Innovation Now Available for Lenders to Pilot. Prior to joining FICO, Ms.

Data 52

Data Analytics Michigan Capital 52

Accenture

MAY 22, 2019

For years, banks have enjoyed a low bar on CFO expectations around payment product sophistication and innovation. Today, we are seeing a slowdown in commercial deposit growth broadly with flat or negative growth in pockets as deposits shift to the national banks. 1 Accenture, “ Accenture Open Banking for Businesses Survey 2018 ”.

Payments 150

Payments Customer Experience Survey Capital 150

PYMNTS

JULY 27, 2018

That doesn’t mean enhanced data privacy, security and sharing aren’t in the cards for the nation’s financial services space, though. banks have begun to develop and deploy their own APIs to facilitate data sharing with FinTech firms, too. however, is not necessarily expected to follow suit. ” U.S. ” U.S.

Data 102

Data US Trends California 102

NCR

JULY 9, 2017

Financial institutions and fintech firms across Europe are currently preparing for the launch of the second iteration of the Payment Services Directive (PSD2), which is due to come into force in January 2018. If screen-scraping is banned, it could have a big impact on many fintech firms and how they do business.

Fintech 75

Fintech Innovation Data Industry 75