PYMNTS

MAY 27, 2020

CEO Anthony Noto told CNBC’s “Squawk on the Street” that the FinTech company’s investing platform has seen a significant uptick in user numbers since January. The company said the account is secure and offers rewards for savers with higher interest relative to the national average of transactional accounts. It will be available to U.S.

Samsung 131

Samsung San Francisco National Millennials 131

PYMNTS

JUNE 29, 2020

“We cannot lift the restrictions without reassuring ourselves that the firm has been able to satisfy all our concerns, for example that all clients’ money is safe,” the Financial Conduct Authority (FCA) said in a statement. “We We hope to be able to issue an update soon.”. authorities.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Open Financial Technologies. India’s Open Financial Technologies raised $4.6 challenger bank to secure funding. Starling Bank.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

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. 52 Monday Conversations About Payments In 2019. Trackers and Reports. Amazon Or Walmart?

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

Fintech Labs Insights

DECEMBER 7, 2020

At FintechLIVE , we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. Full Fintech Unicorn list (values as of 2 Dec 2020). Ant Technology.

United States 15

United States Fintech Portland Oregon 15

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

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

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.

Fintech 194

Fintech Community Regional Technology 194

Fintech Labs Insights

SEPTEMBER 24, 2020

Monit officially launched just a year ago (August 2019) and is rumored to already be closing in on $1M in recurring revenues, which would likey value it at $10M to $20M+ in today’s frothy fintech environment (depending on how much of that revenue is from its benefactor Eastern Bank, which holds an undisclosed stake).

Boston 15

Boston Fintech 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. Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Get the entire 43-page PDF.

Innovation 78

Innovation blockchain Technology Groups 78