PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

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Fintech Capital blockchain Lending 118

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

Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. For those in the know – simply AOBA. The chatter at AOBA centered on three important topics: #1: The Breaks.

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Taxes Video Analytics Arkansas 75

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. 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 growing to $1.1 Benjamin Franklin.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Earlier in 2018, Ant became the most valuable tech startup after raising $14 billion investors in China, the U.S.

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Taxes Lending Operations Marketing 134

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike.

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Management Fintech Industry Trends 87

PYMNTS

APRIL 22, 2020

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services. The technology holding company also has member businesses in gaming, security and financial services. .

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Payments social media Groups Taxes 154

PYMNTS

FEBRUARY 2, 2018

In addition, B2B venture capital (VC) went to FinTech firms and underbanked consumers and small businesses (SMBs) experienced banking hurdles. Its results topped expectations, once impacts from recently passed tax legislation were factored out, including a bottom line at $1.08 Here are the numbers: $4.9 Consensus stood at $3.26

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Apple Data Taxes Fintech 101

PYMNTS

JANUARY 17, 2020

But then again, only two weeks into 2020, mergers and deal-making in payments, specifically within digital payments and FinTech, are sizzling. The biggest one, so far, of course, has been Visa inking a deal to purchase FinTech firm Plaid for $5.3 Target’s toy sales were flat with 2018 and electronics were actually down.

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PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). The solution provides automated accounting and tax management for its entrepreneur clients. The accounting functionality will be rolled out throughout 2018,” the executive added.

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Marketing Taxes Google Fintech 109

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. More than 90 percent of survey respondents said they feel the government did not adequately prepare the small business community for the new tax code.

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Taxes America National Community 144

PYMNTS

DECEMBER 28, 2018

Financial services regulations are notorious for their complexity and ever-changing demands for financial institutions and corporates, but another fuel for development in the KYC space was the FinTech community. The Big KYC Trend From 2018. See what Bergal had to say below. ” Banks’ 2019 KYC Challenges.

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Compliance Regulation blockchain Taxes 186

Bussman Advisory

DECEMBER 13, 2017

Cryptocurrencies will continue to grow, fueled by traditional asset management players and techniques. In fintech, the two most promising use cases remain payments (where there are $50–60 billion of potential savings to be had) and trade finance (which stands to save some $15 billion). New business models. for high-value assets.

blockchain 40

blockchain cryptocurrency Industry Examples 40

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

PYMNTS

JANUARY 18, 2019

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. 16) that Zelle payments were up 97 percent in Q4 2018, signaling the latest burst of growth for that payment method. For example, Bank of America reported on Wednesday (Jan.

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Course Mobile Taxes Metro 159

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. This charter will give banks more competition in payments.

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Conference Payments Fraud Data 195

PYMNTS

JULY 24, 2018

The movement of banks to join FinTech firms and stanch the disruption of their business models — decades and centuries old — has been well-documented. The shift also comes as sandboxes are proving to be effective avenues by which the companies and their FinTech partners are able to test those same APIs before live deployment.

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Fintech Strategy blockchain Taxes 105

PYMNTS

FEBRUARY 13, 2020

Increasingly, growing demand for improved digital services, and the emergence of FinTechs targeting small businesses, has encouraged traditional banks to develop tools specific to their SMB customer base, which was once too big for retail products and too small for enterprise services. With these professionals taking home a whopping $1.4

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Management Payments Cards Operations 153

Gonzobanker

MAY 31, 2019

But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? billion, respectively, to small businesses in 2018, PayPal is now the largest online small business lender in the United States, with over $4 billion funded in 2018. Taking Stock.

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Lending Community Bank Community Data 126

Fintech Labs Insights

SEPTEMBER 1, 2020

Missed this fintech event from NYC-based entrepreneur network Entre in June (2020). The competition pitted six fintech companies against each other to win a bag of in-kind services (design, legal, etc). Synkbooks (aka Tax Labs Inc.). Related: The 18 Fintech Startups in the 2020 INC 500. Seed-Stage Startup.

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Fintech Delaware Taxes UX 15

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

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Millennials Lending System Data 145

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Officials said non-interest income was down $684 million from the first quarter of 2018, to about $9 billion in the second quarter, citing lower mortgage banking fees and other income. per share, while earnings came in at 98 cents. Revenue fell to $21.6

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South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

DECEMBER 12, 2018

To that end, the number of banking firms that actively provide services for marijuana firms has grown by 20 percent since the dawn of 2018. At the end of the day you still end up with a record-keeping system that can’t pass audit for tax and regulatory purposes,” he said.

Company 170

Company Taxes Compliance Industry 170

Fintech Labs Insights

JANUARY 21, 2022

At FintechLab s we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. 2018 round. In December, we added 7 new unicorns for a month-end total of 273. Their total market value is now $2.1 trillion, down $110B from last month. Total (Dec 31) = 273. trillion. .

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

At FintechLabs we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. 2018 round. Nov 2018 transaction. In October, we added 22 new unicorns for a total of 260. Their total market value is now $2.23 Unicorn count: Beginning (Oct 1) = 238. + trillion. .

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

At FintechLabs we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. 2018 round. Nov 2018 transaction. In October, we added 22 new unicorns for a total of 260. Their total market value is now $2.23 Unicorn count: Beginning (Oct 1) = 238. + trillion. .

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

OCTOBER 19, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Full Fintech Unicorn List. 2018 round. Nov 2018 transaction. In August, we added 17 new unicorns for a total of 238. Their total market value is now $2.21 trillion, up $100B from last month. Total (Sep 30) = 238.

Fintech 15

Fintech Lending Payments Analytics 15

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months.

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blockchain Los Angeles Regulation Oregon 130

Fintech Labs Insights

DECEMBER 20, 2021

At FintechLabs we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. 2018 round. Nov 2018 transaction. Nov 2018 transaction. In November, we added 9 new unicorns, and lost 3, for a month-end total of 266. Their total market value is now $2.23

Fintech 15

Fintech Lending Payments Security 15

PYMNTS

MARCH 18, 2019

It’s been reported that TCH had 36 banks on board RTP at the end of 2018, and expects that number to reach 1,000 by the end of Q1 2019 – about two weeks from today. NACHA reported that in Q4 2018, SDA volume hit 51.3 Maybe that’s good news for the FinTechs, which would find other ways to monetize their services. In the U.S.,

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Payments Cards Operations System 201

PYMNTS

JANUARY 10, 2019

trillion) in 2018 alone, and growing at double digits into the current year. Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates. Top markets include Japan, the United States and Korea. A Strategy of Global Expansion.

United States 158

United States Regulation Compliance Strategy 158

Fintech Labs Insights

SEPTEMBER 13, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). 168t ($1.3B): USA crypto tax software provider TaxBit. Full Fintech Unicorn List. 2018 round. Nov 2018 transaction. In August, we added 17 new unicorns for a total of 225. Their total market value is now $2.1

United States 15

United States Fintech Lending Bitcoin 15

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Stripe Billing optimizes subscription and invoice management.

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Online Company Retail Payments 98

PYMNTS

JUNE 14, 2018

Sizzle of the Week: Retail’s 2018 Rebound. The May 2018 retail sales are the highest they’ve been since November of 2017. In and of itself, that is not terrible news, as long as consumers are managing all that debt well. indebtedness in 2018. indebtedness in 2018. 9 percent, beating out the.5

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Retail Bitcoin Course America 108

Gonzobanker

JANUARY 7, 2019

After the initial high of the “Trump Bump” in late 2016 and the euphoria-promoting “Tax Bump” of late 2017, bankers saw their fortunes turn against them in the second half of 2018. Banks CEOs should demand that every relationship manager and support team member is out with customers and not hiding back at HQ.

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Meeting Analysis Resources Management 87

CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

Jeff For Banks

JULY 8, 2019

With all of the automation of financial products, one would think managing finances would be simple. Which is becoming more challenging for the community financial institution due to heavy competition from money center and super-regional banks, credit unions, and fintech firms. My focus today is on consumer banking.

Retail 60

Retail Community Taxes Strategy 60