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.

Fintech 175

Fintech Capital Lending Report 175

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.

Fintech 78

Fintech Lending Capital Analytics 78

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.

Fintech 172

Fintech Lending United States Regulation 172

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.

Compliance 109

Compliance Fintech Marketing Security 109

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.

Fintech 177

Fintech Customer Experience Tools Technology 177

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. We want to provide developers with a simple, secure and universal API to access the bank infrastructure and enable the next wave of financial services.”. It is available in the U.K.,

Company 155

Company Fintech Groups Capital 155

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. They want it to be easy and intuitive, and to assume it will be safe and secure. Finding Friendly Ground With FinTech Firms. It can be a better offering going forward.

Fintech 163

Fintech Fraud Data ATM 163

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.

Las Vegas 111

Las Vegas blockchain NV Conference 111

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.

Las Vegas 138

Las Vegas System Operations Industry 138

PYMNTS

JANUARY 11, 2021

The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. Revolut was granted a European Union banking license in Lithuania in December 2018 and has begun operations in central Europe. billion valuation.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

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.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend.

Lending 190

Lending Capital Fintech Security 190

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.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The partnerships are part of a larger plan by Lloyds Bank to enhance its online banking offerings, an initiative that began in 2018. The bank has designated $3.7

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. Financial services providers must run tight ships when offering mobile services, and various techniques can help keep them secure.

Security 113

Security Fraud Mobile Cards 113

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.

Fintech 80

Fintech US Lending Cards 80

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 98

Conference Regional Examples Payments 98

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. InfraRisk is a wholly-owned subsidiary of China-based FinTech solutions provider PINTEC, which acquired InfraRisk last March.

Lending 131

Lending Analytics Compliance Fintech 131

PYMNTS

NOVEMBER 15, 2017

EY Ops Chain and SAP Leonardo will help companies quickly develop and deploy blockchain solutions that connect business operations across their systems, on a platform already widely used by companies worldwide.”. HPE said its distributed ledger technology (DLT) solution is faster and more secure than bitcoin or Ethereum blockchains.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals. trillion a year.

Security 130

Security Fraud blockchain Cards 130

PYMNTS

OCTOBER 13, 2019

FinTech company Revolut wants to raise as much as $1.5 According to The Financial Times , a source familiar with the matter revealed that the company has hired JPMorgan to raise $500 million in new equity from investors, as well as secure a $1 billion convertible loan. billion so that it can expand globally. banking licence.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

JANUARY 24, 2019

Singapore-based FinTech startup Credit Culture has secured $29.4 In a statement, Credit Culture said this is the “first time that a startup in Singapore has secured significant funding before the launch of services.”. Singapore’s FinTech scene has been flourishing lately. million in funding for FinTechs at the time.

Fintech 125

Fintech Comparison Security Lending 125

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Mexico has crafted its upcoming rules with similar developments in mind, especially as its 2018 law makes the market more attractive to FinTechs.

America 165

America Regulation Regional Tools 165

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 70

Conference Regional Examples Payments 70

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.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

SEPTEMBER 1, 2017

and Asia, and PYMNTS lined up all the B2B FinTechs that recently scored fresh funding. Singapore’s Mobikon gears its back-office solutions to the restaurant industry, providing analytics, marketing, customer engagement and business operations tools to business customers. and Australia by early 2018. TravelBank.

Fintech 135

Fintech Capital Groups Analytics 135

PYMNTS

NOVEMBER 21, 2017

has its own Open Banking initiatives coming into force in 2018, too. For the first time, innovative and secure apps will provide personalized services and information to cover all financial needs in one place, and make it easy for people to find out what bank account is best for them.”. As the U.K. A separate survey conducted by U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

Insights on Business

OCTOBER 16, 2018

Monday, October 22, 2018. For those in marketing, data and analytics roles who have business operations responsibility. Building blocks for a fintech world: Hands-on workshop. For those in API development, open banking, fintech and financial institution digital transformation. How to create fintech apps in the IBM Cloud?

Fraud 117

Fraud Customer Experience Analytics blockchain 117

PYMNTS

JANUARY 20, 2021

The trend, then, is toward collaboration between traditional FIs and tech-savvy FinTech upstarts, to develop digital first offerings that dovetail with the new (online) normal wrought by the pandemic. In terms of scale, openbanking.org reports that 300 FinTechs and providers have joined the ecosystem, and more than 2.5 million U.K.

Data 188

Data Innovation Fintech Regulation 188

Insights on Business

FEBRUARY 22, 2018

Partnering with fintechs might prove to be a win-win, where established enterprises can accelerate transformation, and fintech startups can quickly deliver value to the enterprise and drive revenue growth. Fintech Partner Panel: The API economy comes to banking (8805A). Learn more about and register for IBM Think 2018 here.

Fintech 98

Fintech Las Vegas Meeting How To 98

PYMNTS

JUNE 13, 2019

legal document, detailed how Amazon uncovered what it described as a “serious” cyberattack between May 2018 and October 2018. Amid that push, Amazon released stats on its B2B operations last year, noting that Amazon Business is growing faster than its retail operations. Reports in Bloomberg , citing a U.K.

Fraud 139

Fraud Retail Industry Fintech 139

Insights on Business

MAY 25, 2018

Transformative technologies like cloud, AI, security, quantum, and blockchain were all discussed, in theory and in practice. Think about that in the context of your branch, the on-boarding process, your KYC practices, your security, your payments system. " – @BrettKing #fintech #RFS2018 pic.twitter.com/iM1p92PV1U.

Technology 93

Technology Training Customer Experience blockchain 93

PYMNTS

JUNE 6, 2019

In Fiscal Year 2018, not one of the 100 top lenders participating in the SBA’s 7(a) loan program were credit unions, reports in American Banker said last month. Like banks, credit unions are increasingly collaborating with FinTech firms to drive adoption of new technologies, with 48.5

Lending 129

Lending Analytics Data Security 129

PYMNTS

DECEMBER 30, 2019

Keychain is developing an innovative data security framework targeting the financial, industrial and enterprise spaces. JCB said it will use Keychain’s platform to build out cybersecurity features and “operational integrity in next-generation payments systems,” according to the release. .

blockchain 102

blockchain Payments Security Cards 102

Insights on Business

OCTOBER 15, 2018

The aim of this directive is to promote a secure API economy, lower transaction costs and encourage innovation. To help with the security and standardization of APIs, the UK government has already mandated the nine largest banks to create a working group and define common standards.

Payments 96

Payments Security Fintech Examples 96

PYMNTS

JULY 24, 2019

By the end of 2018, the RTP network reached a little more than half of U.S. It’s also possible that FinTechs are not conveying the benefits of electronic payables when discussing processes with FIs. FinTechs have been partnering with banks to drive innovation and increase usage of real-time B2B payments.

Payments 167

Payments Survey Community Bank Fraud 167