CB Insights

APRIL 22, 2020

GET THE 102-PAGE State of fintech REPORT. Nearly 50% of 2019 funding was concentrated in 83 mega-rounds ($100M+) totaling $17.2B. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups). Download the free report for all the details.

Fintech 87

Fintech Lending Online Examples 87

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. And just last week, the People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services.

blockchain 101

blockchain Software Fintech Maine 101

PYMNTS

JUNE 8, 2020

Founded in 2005, the FinTech AffiniPay now processes over $6 billion annually on behalf of 150,000 professionals, according to a news release announcing the appointment. Porter nabbed the 2016 EY Entrepreneur of the Year Award in the Financial Technology category for the Central Texas region. For its part, Newton, Mass.-based

Industry 130

Industry Payments Austin Boston 130

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. The “What the Hell Are Bankers Doing?”

Fintech 195

Fintech Community Regional Technology 195

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

Independent Banker

MAY 31, 2022

Anderson: Bank business models need to … focus both on providing a great experience for customers and opening pathways to continuous innovation. Both Fintel Connect and Finzly are about democratizing access to best-in-class fintech solutions, so banks don’t have to rely on expensive, complex, difficult-to-deploy solutions.

Community Bank 146

Community Bank Community Maryland US 146

PYMNTS

JANUARY 3, 2020

JPMorgan Ups Security By Blocking FinTechs From Passwords. The downside of data sharing has come full circle as JPMorgan Chase aims for enhanced protection by stopping FinTech apps from accessing the passwords of clients. Might the coming year be marked by innovation at the point of sale (POS)? Trackers and Reports.

Payments 108

Payments Samsung America Trends 108

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. According to a KPMG study , 63 percent of financial institutions use transaction monitoring based on rules and machine learning.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

APRIL 10, 2020

Apple Pay’s usage rate declined modestly from 2019 and to an even greater extent from late 2017, when it peaked at 6.9 Usage of Walmart Pay declined to an even greater degree since 2019, from 4.5 There are a lot of unknowns, Burkhart said, but trendlines are certainly emerging, particularly in financial services. percent to 3.3

Mobile 170

Mobile Payments Cards Branding 170

PYMNTS

JULY 13, 2020

As entrepreneurs race to digitize, develop new revenue streams, and find workarounds to what could have otherwise been crushing roadblocks to their business, FinTech partners have become critical allies to helping SMBs. Innovation On The Fast Track. ” Giving SMBs A Hyperlocal Helping Hand. The Bigger PayPal Picture.

Innovation 184

Innovation Online Community social media 184

PYMNTS

JANUARY 21, 2019

The firm’s Business Leaders Outlook report, published earlier this month, found that the majority of SMBs expect revenue, sales and profit increases in 2019, with executives turning to hiring activity and technological innovation as drivers of their success. Looking Ahead.

System 188

System Payments Technology Tools 188

CFPB Monitor

AUGUST 8, 2019

The CFPB, in its July 2019 fair lending report, discussed supervisory reviews of alternative credit scoring models. Earlier this year, the House Financial Services Committee established two task forces , one on financial technology and the other on artificial intelligence.

Data 60

Data Lending Compliance Policies 60

Gonzobanker

MARCH 26, 2019

We expect changes to be announced as the details of the consolidation of both processors unfold in Q4 2019. Future Innovation? How will processor consolidation affect the pace and sources of innovation? That’s hard to predict. The post FIS/Worldpay Agree to Combine: So What? appeared first on Gonzobanker.

Community Bank 82

Community Bank Technology Payments Innovation 82

PYMNTS

JUNE 27, 2019

The goal is to become one of the most valuable financial technology startups in the world as it eyes a region-wide expansion and seeks a valuation between $8 billion and $10 billion, according to reports in Recode. The goal, according to Ripple, is to add an average of two or three new financial institutions per week to RippleNet.

blockchain 147

blockchain Payments Regional America 147

CFPB Monitor

SEPTEMBER 13, 2018

The TDP Policy relies on the Bureau’s authority under Dodd-Frank Section 1032(e) to permit providers of consumer financial services and products “to conduct a trial program that is limited in time and scope, subject to specified standards and procedures, for the purpose of providing trial disclosures to consumers.”

Policies 60

Policies Arizona Regulation Innovation 60

William Mills

FEBRUARY 4, 2016

This year’s report has an emphasis on the “invisible” customer, who has been created as financial institutions do more and more business with customers through digital and contact center channels rather than through face-to-face interactions. The report also includes research and articles about what technology, solutions and services U.S.

Report 40

Report Big Data Analytics Strategy 40

PYMNTS

AUGUST 12, 2019

Simply put, that means consumers’ retail experiences tend to inform their expectations for financial services, said Jim Johnson, executive vice president of FI payments and wealth for FIS , in a new PYMNTS interview with Karen Webster. In this evolving world of payments, FinTechs must play a vital role, Johnson noted. Recent Progress.

Payments 188

Payments Fintech US Innovation 188

PYMNTS

SEPTEMBER 27, 2019

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept.

Payments 174

Payments Kansas City Community Bank Community 174

PYMNTS

JUNE 27, 2019

That has been the experience at CO-OP Financial Services , President and CEO Todd Clark told Karen Webster in a recent conversation. The market has been alive with all kinds of mergers and acquisitions (M&A) in payments, and among credit unions and banks, during the first half of 2019, and Clark sees that trend continuing.

Payments 100

Payments ATM Lending United States 100

Fintech Labs Insights

SEPTEMBER 24, 2020

This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Funding : $750k per Crunchbase (as Signal Financial Technology). Related: Watch 31 Fintech Demos Named “Best of Show” at Finovate in the Past 16 Months (Sep 2020). Can Eastern do it again with Monit?

Fintech 15

Fintech Boston Tools Innovation 15

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. Get the entire 43-page PDF. Visa — One Market Center. Founded: 2013.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

SEPTEMBER 24, 2020

This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Funding : $750k per Crunchbase (as Signal Financial Technology). Related: Watch 8 Fintech Startups Pitch at Innovate Finance Pitch360 Finals. Monit explainer (3 minutes). Can Eastern do it again with Monit?

Boston 15

Boston Fintech Tools Innovation 15