PYMNTS

JANUARY 8, 2020

In addition, there will be examination of transfer agents (which help to settle transactions) that are developing blockchain technology. In reference to financial technology, the OCIE noted in its 2020 priorities list, too, that alternative sources of data increasingly are being used by the investment industry.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

JUNE 23, 2020

Braun faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers. Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

JANUARY 3, 2020

We have a deep dive into faster payments for education, seven 2020 trendlines when it comes to the connected economy and news on Samsung’s Neon “ artificial human. ”. Welcome To The Connected Economy (The Seven 2020 Trendlines). 7 at CES 2020 that is completely different than its Bixby artificial intelligence (AI) assistant.

Payments 108

Payments Samsung America Trends 108

PYMNTS

JANUARY 10, 2017

India isn’t only trying to fight corruption with its move to take high-denomination currency out of the system; it is aiming to get rid of plastic money by 2020.

ATM 100

ATM Taxes System Cards 100

Jack Henry

JULY 15, 2021

While the cruise industry has seen better days, like many other sectors, it’s poised for a strong comeback based on pent-up demand and untapped travel budgets carried over from 2020. So, just how are community banks, credit unions, and financial technology similar to a cruise ship?

Community Bank 78

Community Bank Financial Technology Community Industry 78

PYMNTS

JANUARY 26, 2020

As SoftBank’s Latin America fund is one of the leading technology investors in the world, the equity infusion will give AlphaCredit the opportunity to “consolidate its place as one of the leading financial technology platforms” in the region, a press release says. It has utilized a number of services including AXS Access, Check!,

Fintech 247

Fintech America Capital Regional 247

Independent Banker

FEBRUARY 29, 2020

“Today’s technology environment opens the door to a world of opportunity for community bankers.”. Welcome to Independent Banker’s ICBA LIVE 2020 issue! As a child, the concept of the year 2020 seemed so far-fetched. Burgeoning customer expectations demand that technology plays a pivotal role in community banks’ strategies.

Community Bank 155

Community Bank Community Technology Customer Experience 155

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

Payments Source

JANUARY 12, 2021

billion acquisition of terminal and payments technology provider Ingenico last February marked the most notable payments transaction in 2020, according to the annual mergers and acquisitions data of the financial technology industry report from investment bank Berkery Noyes. Worldline's $10.9

Report 67

Report Fintech Financial Technology Industry 67

PYMNTS

JUNE 29, 2020

Valdis Dombrovskis , the EU’s executive vice president of the European Commission for an Economy that Works for People, told attendees of the Digital Finance Outreach 2020 , a series of events for the 27-nation bloc on financial technology companies, that Europe must become the leader in crafting rules for digital finance.

cryptocurrency 221

cryptocurrency Regulation Bitcoin Maine 221

CB Insights

MARCH 14, 2023

In fact, it markets itself not as a bank, but as a financial technology partner. According to SVB, its clients account for 71% of all fintech IPOs since 2020. In addition to the venture debt financing and startup banking that it’s known for, SVB is a gateway for commercial payments and online payments acceptance.

Fintech 83

Fintech Company Financial Technology Online 83

PYMNTS

MARCH 4, 2020

As the COVID-19 virus, or coronavirus, unfolds, financial technology provider WEX Inc. WEX says it now foresees Q1 2020 revenue to be roughly 2 percent to 3 percent under the revenue guidance provided in the past on Feb. has cut its Q1 revenue outlook.

Trends 130

Trends Maine Financial Technology US 130

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.

San Francisco 196

San Francisco Capital United States Big Data 196

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

CFPB Monitor

JANUARY 25, 2021

Per the Utah Department of Financial Institutions website, Rakuten Bank America’s application for a Utah ILC charter was received on July 26, 2019 and remains pending. . Rakuten’s first FDIC deposit insurance application was filed in July 2019, and was withdrawn in March 2020. based bank, Rakuten Bank America.

FDIC 78

FDIC Utah America Financial Technology 78

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.

Colorado 78

Colorado South Carolina Tennessee Utah 78

CB Insights

AUGUST 17, 2021

California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. Chime has more than tripled its revenue since 2020 and generated a positive EBITDA. The company reportedly has more than 5M customers in the US.

Capital 78

Capital Operations California Regional 78

PYMNTS

JANUARY 17, 2020

Far Point Acquisition — which focuses on financial technology deals —said it would buy Global Blue, a payments company based in Switzerland, for $2.6 The second full week of 2020 is in full swing. Only two weeks into 2020, mergers and deal-making in payments, specifically within digital payments and FinTech, are sizzling.

Marketing 130

Marketing Fraud Payments Apple 130

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

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. Another Mastercard Accelerate program, dubbed Engage , has “signed almost 50 new deals with partners” in the first quarter of 2020.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

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

JANUARY 2, 2020

Both Ant Financial and gaming company Razer recently applied for digital banking licenses in Singapore, where five such licenses are currently up for bid, to be awarded in mid-2020. Southeast Asia’s digital lending market is anticipated to top $110 billion by 2025 — over four times what it is worth now.

Fintech 133

Fintech Payments Digital Banking America 133

Payments Source

JULY 20, 2020

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

Fintech 106

Fintech Financial Technology Technology Company 106

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

blockchain 101

blockchain Bitcoin Security Software 101

PYMNTS

JUNE 8, 2020

Porter nabbed the 2016 EY Entrepreneur of the Year Award in the Financial Technology category for the Central Texas region. TA Associates acquired a majority of AffiniPay in February 2020, with Great Hill exiting its investment. In 2019, Porter took on the role of executive chairman at AffiniPay.

Industry 130

Industry Payments Austin Boston 130

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg. Ant Group had $263 billion in outstanding consumer loans as of June 2020.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

OCTOBER 1, 2020

It is working with over 20 financial institutions to create the service. Kakao Pay is reportedly set to be the first South Korean financial technology firm working with mobile payments to undertake an IPO. earlier in 2020. Korean FinTech Kakao Pay Preps For IPO. The firm is likely to have a valuation of $8.5

Payments 130

Payments Fintech Google Financial Technology 130

CFPB Monitor

JULY 15, 2021

The Federal Reserve, FDIC, and OCC have released proposed guidance for banking organizations on managing risks associated with third-party relationships, including relationships with financial technology-focused entities such as bank/fintech sponsorship arrangements. partnerships, joint ventures), including technology companies.

Risk Management 78

Risk Management Management FDIC Compliance 78

PYMNTS

FEBRUARY 20, 2020

In looking ahead to 2020, Green Dot admitted that it sees “some seasonality” and that its first quarter is typically its highest performing and expects to post a 3 percent increase year over year by the year’s midpoint. Green Dot is a U.S.-based

Report 130

Report Operations Taxes Study 130

American Banker

DECEMBER 4, 2020

Thanks to a frenzy of transactions in the past week, 2020 is already the second-busiest year since the financial crisis for deals involving banks, financial technology companies, insurers and asset managers.

Financial Technology 37

Financial Technology Management Technology Company 37

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).

Conference 15

Conference Fintech Digital Strategies Financial Technology 15

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

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

PYMNTS

MARCH 2, 2020

It’s one of the themes explored in the February 2020 Digital-First Banking Tracker® , done in collaboration with NCR Corporation. We’ve all heard that millennials, for example, think of bank branches as a vestiges of another century with little relevance to their financial lives. Is that what people really want?

ATM 191

ATM Millennials Retail Video 191

American Banker

JULY 20, 2020

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

Fintech 75

Fintech Financial Technology Technology Company 75

Fintech Labs Insights

DECEMBER 7, 2020

But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. New in November: Newborns: Verafin , the Canadian anti-financial crime specialist founded in 2003, is set to be acquired by NASDAQ for US$2.75 2-Dec-2020. Ant Technology.

United States 15

United States Fintech Portland Oregon 15

PYMNTS

NOVEMBER 14, 2017

has been notably slower — four years ago the Fed began officially turning to banks, financial technology companies, businesses and consumer groups to encourage to find ways to speed payments. But the RTP systems — while running and tested a little — will not be “ubiquitous” until 2020 — a goal they describe as “ambitious.”.

Payments 193

Payments Boston System New York 193