William Mills

FEBRUARY 6, 2020

Dear Readers, The speed of change in financial technology has never been faster – nor has the rush to learn about it, foster it, and invest both capital and resources to achieve better performance. There are literally tens of billions of dollars budgeted for technology in the financial industry in the U.S.;

Resources 54

Resources Compliance Financial Technology Capital 54

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. Mastercard is thrilled to partner with some of the world’s most innovative startups to transform the future of commerce.”. 12) announcement.

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Fintech Innovation cryptocurrency blockchain 163

CFPB Monitor

NOVEMBER 16, 2020

The CFPB and the Colorado AG’s Office have announced they will hold joint virtual office hours as part of the American Consumer Financial Innovation Network (ACFIN). The joint virtual office hours will be held on December 2, 2020. Requests must be received by November 23, 2020. . CFPB Director Kathleen L.

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Colorado South Carolina Tennessee Utah 78

PYMNTS

OCTOBER 9, 2020

Company Co-Founder and Partner Dana Settle told Bloomberg that Greycroft plans to use the fresh funds to invest in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses. Salesforce Ventures . The SPAC Attack.

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San Francisco Capital United States Big Data 196

PYMNTS

JANUARY 21, 2021

Globe Telecom’s financial technology division, Globe Fintech Innovations of the Philippines, notched $175 million in additional venture funding in January. The company, which is headquartered in London, is anticipated to blow past 2020’s valuation of $5 billion by the time it files in the U.K. TransferWise, a U.K.

Policies 149

Policies Payments Groups Bitcoin 149

CFPB Monitor

JANUARY 9, 2020

The CFPB and Utah AG’s Office have announced that they will hold the first joint office hours as part of the American Consumer Financial Innovation Network (ACFIN). The joint office hours will be held on January 30, 2020 in Salt Lake City, Utah.

Utah 78

Utah South Carolina Tennessee Arizona 78

CFPB Monitor

JANUARY 13, 2020

Governor Newsom’s proposals are part of his 2020-2021 proposed budget. Establishing a new Financial Technology Innovation Office. million Financial Protection Fund and 44 positions in 2020-21, growing to $19.3 Governor Cuomo’s proposals are part of his 2020 State of the State agenda. California.

CA 78

CA California New York Regulation 78

PYMNTS

JUNE 8, 2020

I look forward to working with the Paytronix team to bring its industry-leading innovation, including contactless ordering for table service … to markets around the globe,” said Porter. Porter nabbed the 2016 EY Entrepreneur of the Year Award in the Financial Technology category for the Central Texas region.

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Industry Payments Austin Boston 130

CFPB Monitor

SEPTEMBER 8, 2020

Ballard Spahr to hold webinar on this legislation on September 29, 2020. We previously wrote about California Governor Newsom’s 2020-2021 Budget and an accompanying trailer bill that would rename the Department of Business Oversight (“DBO”) and significantly increase its ability to oversee financial services providers in the state.

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California Innovation Regulation Report 78

PYMNTS

OCTOBER 30, 2019

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. In other news, the Korea Internet & Security Agency (KISA) announced that it plans to support blockchain-related projects in 2020 with 10.5

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blockchain Bitcoin Security Software 101

CFPB Monitor

JUNE 5, 2019

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). The remainder of the Sandbox Act is effective January 1, 2020.

Wyoming 60

Wyoming Fintech Arizona Financial Technology 60

PYMNTS

DECEMBER 18, 2020

financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The firms were especially interested in deploying automated and advanced learning technologies. Such modernizations could help financial departments process invoices more quickly and easily.”.

Payments 160

Payments Cards Report Tools 160

Gonzobanker

DECEMBER 19, 2022

Let’s see how this new scale allows for big investments in future innovation. Since taking the reins at MSUFCU in 2015, Clobes has more than doubled the size of the credit union, started a successful service organization (the Reseda Group), built an innovation center (The Lab), and started development of a new digital platform (Nextly).

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Community Fintech Industry Innovation 216

Fintech Labs Insights

DECEMBER 7, 2020

Shift Money is partnering with the Singapore FinTech Festival to connect 60,000 attendees worldwide in one massive financial technology conference to discuss the future of payments, insurance, lending & blockchain. Related: 120 Fintech Unicorns of the 21st Century: November 2020 Update. 16: Fintech Junction (virtual).

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Conference Fintech Digital Strategies Financial Technology 15

Independent Banker

MAY 31, 2022

Such was the case for 2020 accelerator alumni Fintel Connect and Finzly. Fintel Connect CEO Nicky Senyard concurs: “With our partnership, Finzly solves part of the problem, giving banks access to technology that will help them be more efficient, and the next thing you need is to identify new customers, which is where we come into play.

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Community Bank Community Maryland US 146

Banking 2020

DECEMBER 3, 2015

Financial services organisations in China are expected to shine a light for the rest of the world when it comes to innovation in the banking sector in the coming years, with the primary drivers being non-traditional companies that are looking to develop new payment solutions and platforms. At the turn of the millennium, just 1.8

Innovation 40

Innovation Payments Lending Financial Technology 40

PYMNTS

OCTOBER 28, 2020

No one is considering innovations that they want to get around to “someday.”. “In It’s pushing CUs to build out their innovation roadmaps based on the data they have about what their members want, need and are seeking. In these COVID times, we've seen that the concept of just talking about doing lots of things has gone away,” he said.

Payments 151

Payments Fraud Innovation Tools 151

PYMNTS

JUNE 18, 2019

But Bottomline Technologies, which recently announced its collaboration with Starling Bank in the U.K. ’s push for real-time payments is led by The Clearing House, which aims for ubiquity of its real-time payments (RTP) network by 2020. .’s Adoption of real-time payments in the U.S. “The stage is set for the U.S.

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US Massachusetts Tools Payments 119

PYMNTS

JANUARY 24, 2020

As is laid out in the January 2020 PYMNTS Disbursements Tracker ®, instant money and alternative payment options are transforming everything from medical claims to how we license images and video. Mastercard teamed up with Galileo Financial Technologies to do the same for freelancers. Now, Please.

Video 132

Video User Experience Payments Study 132

William Mills

FEBRUARY 7, 2017

Free report designed for the financial industry provides vendors and bankers better technology insights and a check against their own technology priorities. Leading industry analysts, consultants, bankers and financial technology professionals share commentary as well as insights on trends for the year.

Report 40

Report social media Customer Experience Industry 40

PYMNTS

NOVEMBER 21, 2016

Researchers agreed that this shows a continually high level of interest in the financial technology and innovation space among investors, despite the overall drop in VC funding. More than half of CFOs will boost investment in outsourced financial reporting , found the latest data from EY. and Europe dominated in 2015.

Strategy 100

Strategy Lending Capital America 100

CFPB Monitor

NOVEMBER 22, 2022

That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition. The report was issued in response to President Biden’s July 2021 Executive Order on promoting competition.

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Fintech Report Data Lending 78

Independent Banker

FEBRUARY 24, 2016

Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement. Financial institutions are quickly rethinking how to engage the largest generation in American history and restructuring traditional banking processes, and it’s all centered on creating more accessible technology.

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Millennials San Francisco Bitcoin cryptocurrency 70

PYMNTS

AUGUST 19, 2016

Japan’s Financial Services Agency (FSA) announced its own plan to boost the FinTech market by making it easier for companies to collaborate with the financial technology industry. “FinTech will have a big impact on financial services.” The Future Of FinTech?

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Fintech Mobile Guidelines System 100

Banking 2020

NOVEMBER 30, 2015

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. Key reasons for this include innovations in the technology industry that offer significant opportunities to financial firms.

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PYMNTS

JUNE 27, 2019

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

blockchain 147

blockchain Payments Regional America 147

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). Business model : Primarily B2B2C.

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Fintech Boston Tools Innovation 15

PYMNTS

DECEMBER 13, 2018

Emergent Technology, the financial technology company, announced Thursday (Dec. In a press release , Emergent Technology said that by acquiring Interpay, it will extend the operations of its digital payments business, Emergent Payments, into 70 emerging markets. Terms of the deal were not disclosed.

Technology 108

Technology Taxes Regional America 108

Social Assurance

NOVEMBER 15, 2019

Nebraska Innovation Campus. This week, the inaugural Flyover Fintech conference was held at the University of Nebraska–Lincoln’s Nebraska Innovation Campus. The goal of this conference was to bring together entrepreneurial innovators, financial services leaders and key policymakers to the center of everything fintech.

Conference 12

Conference Fintech Nebraska Software 12

Banking 2020

JANUARY 20, 2016

Consumer and technology trends. This affinity for technology has created a culture of convenience, so it’s no surprise that mobile payments are increasing in popularity. 85% say they are open trying new banking and payment technologies. Over 2 billion consumers are expected to own smartphones by next year. About the author.

Mobile 40

Mobile Millennials Bitcoin Security 40

PYMNTS

JANUARY 15, 2021

Speaking with PYMNTS in a recent interview, Sinead Fitzmaurice , CEO of TransferMate , explained that 2020 was a "game of two halves.". The need to remove friction points is not just a 2020, pandemic-driven need," she said. This has been around for decades.". Finding The New Normal.

Payments 183

Payments Data Tools System 183

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). Business model : Primarily B2B2C.

Boston 15

Boston Fintech Tools Innovation 15

Banking 2020

OCTOBER 30, 2015

With all due respect to tradition, our business is on the cutting edge, which includes a steady stream of new tools and technologies. 22, German financial technology provider Number26 rolled out a new program to turn retail outlets into dual-purpose banking hubs. It’s a potentially odd combination, to be sure.

Community 40

Community United States Survey Millennials 40

Lex Sokolin

AUGUST 25, 2020

Some of you reading this are heads of innovation at investment banks, pushing forward institutional change. We continue to be enamored with the technology’s ability to create all this stuff on an open source chassis without any traditional financial technology. Humor can highlight dissonance, hypocrisy, and injustice.

Community 52

Community Fintech US cryptocurrency 52

PYMNTS

DECEMBER 10, 2019

The seven CUs are Access, Affinity, Assiniboine, Innovation, Prospera, Servus and Steinbach. Cambrian CU will start offering Google Pay later this month and additional credit unions will be added in 2020, the CCUA said.

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Google Cards Regional System 131

PYMNTS

JANUARY 2, 2017

It was a busy year throughout the world of payments, with plenty of new technology making headlines along the way. Prpic and his team are hoping to use VR technology to transform luxury and high-end retail as we know it. McDowell said that he was not surprised to see such big names readily invest in the technology.

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Retail Millennials blockchain Mobile 123

PYMNTS

JULY 31, 2018

financial technology efforts. In addition, there is increased lawmaker attention to promote innovation among non-bank providers of new payments and payment-related technology, and more consumer concern about online and data security. financial system around a set of core principles. Treasury Department.

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Fintech Security US United States 194