PYMNTS

SEPTEMBER 2, 2020

Checkbook has joined Visa 's FinTech Fast Track program and launched Virtual Cards , a program that will expand the reach of real-time payments, according to a press release. The program launched in 2018 had grown 280 percent at the time, including more than 140 FinTechs around the world.

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Cards Fintech California Fraud 213

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

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Operations Capital Groups Apple 150

PYMNTS

MARCH 25, 2020

Branchless bank and FinTech Green Dot has reported that Dan Henry will step in as its new president and CEO, and will also join the board of directors. Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. million.

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Fintech Operations Innovation Company 139

PYMNTS

AUGUST 7, 2019

6) that the nation’s central bank has suspended the company’s activities because it allegedly failed to provide the government with required financial data on its operations this year. SatchelPay received its electronic money institution license in March of 2018, reports noted. The Industry Spread reported Tuesday (Aug.

Operations 101

Operations Regional Compliance Report 101

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

OCTOBER 14, 2020

The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone. The country otherwise has sophisticated online banking products and an emerging FinTech sector.

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Fintech Analytics Payments Mobile 175

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. A report found that the U.S. imposed a full $23.52 billion and the Middle East levied $9.5 million. .

Fraud 189

Fraud Fintech Compliance Regulation 189

PYMNTS

AUGUST 29, 2019

The twist is, that gap in small business banking innovation led external FinTechs to step in and today, small business banking is a highly competitive, and highly innovative, area of financial services. In India, Visa recently announced a partnership with FinTech Open to introduce new small business banking services. Now, the U.S.

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Fintech Innovation Lending Digital Banking 173

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. Digital Demand.

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Fintech Mobile Analysis Technology 211

PYMNTS

APRIL 29, 2019

In 2018, it took longer to bring new features to market than in prior years. percent of those surveyed, it took seven to 12 months to launch innovations in 2018, compared to 33.3 In 2018, IT infrastructure was cited as the biggest barrier to innovation (37.8 Most banks operated in specifics, and were responding to current (50.6

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Fintech Innovation Community Bank Study 193

PYMNTS

FEBRUARY 1, 2019

And the prospect of “no deal” Brexit has some FinTech firms seemingly anxious about what lies beyond the horizon, and scrambling for contingency plans. That need would become apparent as British firms would not be able to operate any longer throughout Europe with domestic licenses. as measured through the first half of 2018.

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Fintech cryptocurrency Course Operations 122

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

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Fintech Payments Meeting Capital 144

PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? As for inroads into overall credit as a whole, the BIS noted that FinTech accounted for 13 percent of volume in China, and stood at 15 percent of lending to consumers and small and mid-sized enterprises (SMEs) in the United Kingdom.

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Fintech Lending United States Regulation 172

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 5, 2019

The company, which launched in October of 2018, will set up shop in Lagos. Alicia Levine, who works at BRCK, an internet hardware and service startup, will become the company’s chief operating officer. Its FinTech industry is one of the most advanced in Africa, up there with Kenya and South Africa,” he said. “I

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Fintech San Francisco United States Google 130

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

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Fintech Customer Experience Tools Technology 177

Insights on Business

FEBRUARY 7, 2018

Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. If you look for a common theme among the financial and banking sessions, speakers, demos and client stories at Think 2018, it is disruption through agility. Real-world experience.

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Las Vegas blockchain NV Conference 111

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. Digital Risks’ first Series A round closed in 2018.) B2B eCommerce startup Sokowatch scored a win for Kenya’s B2B FinTech community after raising $14 million in Series A funding, reports in TechCrunch said.

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Fintech Capital Lending Report 175

PYMNTS

JANUARY 14, 2020

Visa, management said on the call, will capitalize on what was termed a FinTech-driven evolution that is currently shaping financial services, as well as growing Visa’s core payments business. In one recent example from late last year, The Clearing House released a template designed to help banks link with FinTech firms, and connect to APIs.

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Fintech Data Payments Capital 157

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. Finxact’s own offerings operate in the cloud. “I million credit cards, 15.8

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Fintech Cards System Groups 145

CFPB Monitor

MAY 19, 2022

The Department alleges that 100% of the loans to Connecticut residents originated on the Platform from June 2018 to August 2021 either contained a Lender Tip or a Solo Tip. Consumers are encouraged to offer a Lender Tip in an amount up to 12% of the loan amount and a SoLo Tip of up to 9% of the loan amount.

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Connecticut Operations Fintech Regulation 78

Insights on Business

MARCH 19, 2018

To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led the “Intelligent Automation in Financial Services” breakout session. Many operations within financial services could be improved with machine learning. Intelligent automation’s ascent in financial services.

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Las Vegas System Operations Industry 138

PYMNTS

JUNE 22, 2017

In venture capital news, London startup TrueLayer has raised $3 million in Series A funding so that it can enable FinTech companies to access bank APIs. but there are plans to expand into other EU countries later in 2018. It is available in the U.K., And full PSD2 support is next on the road map.

Company 155

Company Fintech Groups Capital 155

CB Insights

APRIL 2, 2019

At the beginning of 2018, there were 25 VC-backed fintech unicorns around the world, worth a cumulative total of almost $76B. And when Dutch payments startup Adyen went public in June 2018, its IPO was a huge success: its stock surged 90% in its first day of trading, ending the day with a $15.8B

Fintech 73

Fintech Company Trends Operations 73

Bank Innovation

APRIL 13, 2018

The bank, which was officially launched in 2015, currently has a German banking license, allowing it to operate in other […]. Berlin-based challenger bank N26 will be opening its services to users in the United States and the United Kingdom by the end of this year, founder and chief executive officer Valentin Stalf told Reuters today.

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United States Operations Capital Online 210

PYMNTS

MARCH 13, 2019

Tencent also operates WeChat, the wildly popular messaging app. At the time Naspers said proceeds would go toward growth opportunities in global classified, online food delivery and FinTech. The FinTech market is attractive to investors because the financial industry has long been in need of disruptions. percent from 33.2

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Fintech Capital Online Financial Technology 123

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

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. operations with a soft landing of customers to Varo.

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Fintech FDIC Capital Community Bank 109

Bank Innovation

MARCH 1, 2019

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

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Fintech Financial Technology Technology Operations 170

PYMNTS

APRIL 5, 2020

The program will pull in data from Chinese custom services, port operators, logistics companies, financial institutions and export and import firms, and will aim to make financial matters more accessible and offer a better, cheaper tracking system. billion in 2018, and went public on the New York Stock Exchange last year.

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Bitcoin blockchain social media Fintech 144

PYMNTS

JANUARY 11, 2018

According to new research from Magilla Loans , which offers an anonymous search engine data for both home and business loans, a survey of mortgage and business lenders found plans to originate more than half a trillion dollars’ worth of loans in 2018. percent in 2016. percent in 2016. Citing research from U.K. ” “The U.S.

Fintech 126

Fintech Lending Trends Operations 126

PYMNTS

NOVEMBER 4, 2019

Ebury operates in 19 countries and will expand in Latin America and Asia with Santander’s investment. Ebury was the first FinTech to go live in 2018 with SWIFT’s global payments innovation. The deal is expected to value Ebury at around £700 million. The bank expects a return on invested capital higher than 25 percent in 2024.

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Fintech Capital America Payments 102

PYMNTS

MARCH 29, 2019

For Ant Financial it would make sense to invest in the FinTech arm of Grab because it is expanding into Southeast Asia. In 2018 Grab purchased Uber’s Southeast Asia business. It is also aiming to operate one of the largest merchant networks and become the largest insurtech policy provider within one platform.

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Fintech Groups Google Policies 152

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. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT.

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Fintech US Lending Cards 80

Bank Innovation

FEBRUARY 5, 2019

SunTrust Banks’ fintech investment LightStream delivered $2 billion in originations in 2018, Allison Dukes, the bank's chief financial officer, said during a fourth-quarter earnings call.

Fintech 170

Fintech Operations Online Retail 170

PYMNTS

JULY 5, 2018

The vast majority of traditional financial institutions (FIs) plan to increase their collaborative efforts with the FinTech world, according to a PwC report published last year. The two-sided benefits of a bank-FinTech collaboration are certainly beneficial to FinTech firms like additiv.

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Compliance Fintech Marketing Security 109