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. Digital Demand. What does that mean, then? Latency Advantages.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

JULY 31, 2019

Even in 2019, there persists this idea in the mainstream that invention stems from the epiphany and late-night toil of the solitary scientist. And that’s where we come to FinTech. As FinTech continues to grow, it becomes ever more clear that the endeavor, to put it one way, is a massive team sport. FinTech Partnerships.

Fintech 192

Fintech Innovation US Payments 192

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. Can AI Support Digital Banking’s AML Efforts? . A report found that the U.S. million. .

Fraud 189

Fraud Fintech Compliance Regulation 189

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. THE BANKING AWARDS. Bank Merger of the Year.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

DECEMBER 17, 2020

Kakao Bank Corp. , a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The bank's most current valuation is estimated to be around 10 trillion won ($9.1 Kakao Pay , the FinTech arm of Kakao Corp.

Samsung 243

Samsung Digital Banking Security Fintech 243

PYMNTS

FEBRUARY 11, 2019

Monzo, a digital bank out of London, wants to expand past just mobile-based personal banking customers to small and medium-sized businesses (SMBs). . Tom Blomfield, the CEO of Monzo, asked customers in a tweet : “What one thing would you add to @monzo in 2019 to make it (more) awesome?”.

Digital Banking 115

Digital Banking Software Tools Innovation 115

Insights on Business

FEBRUARY 13, 2019

For Bradesco, a large Brazilian bank, NEXT is the answer. Next is a digital bank, completely disassociated from the Bradesco brand. Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. They use the Bradesco infrastructure, but they operate in parallel. Hyper-connected journey.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

JULY 22, 2020

In the July Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the long-lasting effects brought on by the pandemic, the shifting attitudes surrounding ATM use, and how the digital banking development field is reaping dividends from the financial industry’s sea change.

ATM 225

ATM Digital Banking Alabama Study 225

Insights on Business

FEBRUARY 10, 2019

Welcome to Think 2019 in San Francisco, CA! Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Download the NEW IBM Events app for Think 2019. See the full Think 2019 conference guide. IBM FinTech (@IBMFinTech) February 11, 2019.

San Francisco 79

San Francisco blockchain Conference Video 79

PYMNTS

JUNE 8, 2020

The scheme by the “Modern Money Team,” as Putnam referred to the entire operation, was reportedly to offer investors “cryptocurrency trading packages” they had purchased, which could have ostensibly been used for “arbitrage” opportunities at Bitfinex. The group managed to get $12 million from 2,000 investors, Coindesk reports.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

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. SoFi/Galileo: This $1.2

Fintech 109

Fintech FDIC Capital Community Bank 109

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.

Fintech 163

Fintech Fraud Data ATM 163

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

PYMNTS

JANUARY 24, 2020

German smartphone bank N26 , valued at $3.5 Berlin’s most valuable FinTech startup grew from the 3.5 million users it reported in the summer of 2019. “We We added more customers in 2019 than we did in all the prior years put together,” Stalf, 34, added in an interview. In 2019, N26 began operating in the United States.

United States 193

United States Examples Marketing Fintech 193

Insights on Business

JANUARY 28, 2019

Working with IBM, the bank was able to enable a fully transparent extension of their VMware infrastructure with elastic capabilities while keeping the same operational procedures in a transparent extension of their operations and compute infrastructure over VMware. –> Browse more Think 2019 financial services blogs.

San Francisco 87

San Francisco Analytics Albuquerque Security 87

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 landscape also means traditional banks are not particularly motivated to upgrade their platforms or technologies.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

PYMNTS

SEPTEMBER 28, 2020

The ongoing pandemic has caused many regulators in the MENA region to examine the digital and open banking infrastructure they have in place. The aim of doing so is to create a more robust framework for digital banking. The country’s Data Protection Law was announced in 2019 and officially came into effect in July 2020.

Online 151

Online Report Payments Regulation 151

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. 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. The creation of open banking initiatives in the E.U.

America 165

America Regulation Regional Tools 165

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. As a result, Danske Bank was ordered out of Estonia and closed its operations in Russia and the Baltics.

Cards 221

Cards Payments Innovation Regional 221

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Paul Murphy, founder of Murphy & Co.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

JANUARY 21, 2021

Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to their everyday financial needs. In just a few recent examples: Bank of America said this past week that active mobile banking users rose 6 percent to 30.8 million during the quarter.

Mobile 252

Mobile Report Trends Digital Banking 252

PYMNTS

JUNE 29, 2020

A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported. Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

DECEMBER 9, 2020

FIS and Worldpay combined in mid-2019, Fiserv and First Data combined shortly thereafter and Worldline SA purchased Ingenico earlier this year. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. This statistic is emblematic of a larger problem in the world of B2B payments. Around The BaaS World. About The Playbook.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

NOVEMBER 11, 2019

lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters reported on Monday (Nov. where the FI’s losses were greatest.

Digital Banking 105

Digital Banking Taxes Analytics Analysis 105

PYMNTS

NOVEMBER 10, 2020

Nigeria-based Kuda , which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed round ever raised in Africa. Kuda's bank works with customers and will soon add a capability for small businesses.

Mobile 186

Mobile Capital Report Management 186

PYMNTS

NOVEMBER 9, 2020

million households lacked access to bank accounts as of 2019. Becoming unbanked also means losing access to other credit products or the ability to receive digital payments or disbursements via traditional channels, further reducing the money these individuals can save in an attempt to bolster their financial standing.

Tools 203

Tools Mobile FDIC Examples 203

Abrigo

JANUARY 25, 2022

Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . Takeaway 1 Financial institution executives seek additional advances in digitalization that have helped them through the pandemic. .

Management 195

Management Software Survey Fintech 195

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. in the year to February 2019. Profitability.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. Monzo , London’s digital unicorn, has appointed TS Anil to head U.S. operations. in Q3 2019 .

Millennials 101

Millennials Colorado Google Leadership 101

CB Insights

AUGUST 26, 2021

In 2019, the firm launched a $5B Latin American Fund, as well as a second Vision Fund, which has since grown in size to roughly $30B. It’s on track to reach 197 deals by year-end — nearly 3x its previous record in 2019. Many of SoftBank’s portfolio companies operate across a variety of different industries. Digital banking.

Regional 94

Regional Fintech Analysis Company 94

Alex Jimenez

FEBRUARY 27, 2019

IBM Think 2019 Campus. As noted in a previous post, I attended IBM’s Think 2019 conference in San Francisco earlier this month. Admittedly, I’ve been away from directly managing digital banking and haven’t kept up with IBM Trusteer. Dmitry talked about their approach towards Open Banking.

blockchain 40

blockchain Conference Security Innovation 40

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. Dock began implementing Falcon Fraud Manager in 2019 and added CCS in 2020.

Fraud 52

Fraud Technology social media Innovation 52

PYMNTS

JANUARY 27, 2021

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. The Fraud Threats Facing Digital-First Banks.

Security 213

Security Innovation Fraud Study 213

PYMNTS

JANUARY 12, 2020

.” “This is more of a gimmick, which shouldn’t become a norm,” said Terry Siu, treasurer of CMB Wing Lung Bank, which currently pays 3.8 But competition for funds is indeed getting higher, as eight more banks are coming out.”. Virtual banks are “similar to traditional retail banking services, in some ways” (e.g.,

Cards 130

Cards Operations Trends Marketing 130

PYMNTS

NOVEMBER 16, 2020

Indeed, delving into BBVA’s latest financial filings shows that provisions for credit losses through the first nine months of the year totaled a bit more than $1 billion, compared with $477 billion through the same period in 2019. But do we have a competitive advantage in digital. percent in June.

Google 189

Google Course Strategy Innovation 189

Fintech Labs Insights

MAY 3, 2021

Startupbookcamp continues to accelerate fintech startups around the globe. A few months ago (Dec 2020), they graduated a new cohort of 7 startups operating in (or planning to enter) the Australian market. Description: Digital insurance provider. Founded: 2019. Founded: 2019. Top 26 Digital Lenders to U.S.

San Jose 15

San Jose Fintech CA Washington 15