PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. New regulations instituted in September 2020 mandate that tech firms set up a separate holding company for financial services and products.

Regulation 158

Regulation Groups Operations Lending 158

PYMNTS

JULY 27, 2020

Noting that some countries are able to operate more normally now than the U.S., The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Tipalti CEO and Co-Founder Chen Amit. There are no more excuses for investing in a modern, viable FinTech stack.

Operations 183

Operations Fraud Payments How To 183

PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures.

Fintech 198

Fintech US Groups Management 198

Perficient

DECEMBER 27, 2023

Navigating AML and OFAC Compliance Risks Regarding anti-money laundering (AML) and Office of Foreign Assets Control (OFAC) compliance risks, bank executives must navigate operational and compliance challenges tied to fintech relationships. Contracts should explicitly address potential default and termination.

Compliance 221

Compliance FDIC Regulation Fraud 221

PYMNTS

SEPTEMBER 30, 2020

Kakao Pay is set to be the first South Korean FinTech working with mobile payments to undertake an initial public offering (IPO), according to a report from The Paypers. Kakao Pay is the FinTech arm for Kakao Corp. , The company is likely to be valued at $8.5 The company has tapped KB Securities Co.

Fintech 150

Fintech Mobile Security Operations 150

Gonzobanker

JANUARY 17, 2020

Well GonzoBankers, the gang is back to work and we are all headed face-first into 2020 – a year with more uncertainty than most about how things will turn out. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. percent during 2020’s first nine months to $1.75 Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016.

US 230

US Company Report Payments 230

PYMNTS

JANUARY 15, 2020

Brazil’s unicorn FinTech and payments startup EBANX is trialing a digital wallet, called Ebanx Go, with 10,000 consumers on a test basis, the company announced on Wednesday (Jan. The digital wallet offering is intended to solidify the FinTech’s reach in the Brazilian payments market.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

JANUARY 14, 2020

Visa, management said on the call, will capitalize on what was termed a FinTech-driven evolution that is currently shaping financial services, as well as growing Visa’s core payments business. VisaNews (@VisaNews) January 13, 2020. That activity comes against a larger backdrop where FinTech is gaining ground. Meet @Plaid.

Fintech 157

Fintech Data Payments Capital 157

PYMNTS

SEPTEMBER 16, 2020

the digital payment and open banking provider based in Redwood City, California, has hired Jonathan Vaux as general manager of its European operations, the company announced on Wednesday (Sept. i2c Inc. , Vaux has more than two decades of experience in payments and product and service development, i2c said.

Management 133

Management Innovation California Payments 133

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

Fintech 167

Fintech Customer Experience Conference Technology 167

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. B2B eCommerce startup Sokowatch scored a win for Kenya’s B2B FinTech community after raising $14 million in Series A funding, reports in TechCrunch said. Flock Freight.

Fintech 175

Fintech Capital Lending Report 175

PYMNTS

DECEMBER 30, 2020

Marg ERP, an India-based FinTech connecting small businesses to inventory management, accounting and enterprise resource planning (ERP) technology, has announced a partnership initiative to expand its SMB financial services footprint. Reports in the Financial Express said on Monday (Dec.

Strategy 175

Strategy Big Data Fintech Management 175

PYMNTS

JANUARY 20, 2021

Globe Fintech Innovations of the Philippines, the FinTech arm of Globe Telecom , landed $175 million in additional venture funding this month. Now, Globe Fintech, known as Mynt , is reportedly on the hunt for more cash — and looking to get a valuation over $1 billion. Mynt is the operator of the mobile wallet GCash.

Fintech 220

Fintech New York Groups Capital 220

PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. The B2B eCommerce space saw some of the biggest investments of the year for B2B FinTechs, a testament to investors' confidence in the evolution of the market. The Rise of the Marketplace.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

DECEMBER 10, 2020

They now operate together under the Syncapay brand umbrella via a holding firm created with a new majority equity investment from funds that Centerbridge Partners advises, according to the announcement. Wirecard North America was a separate firm from Wirecard AG , which went insolvent earlier in 2020 during an international scandal.

Pennsylvania 231

Pennsylvania Illinois Payments America 231

PYMNTS

JANUARY 28, 2020

The problem can be especially acute when it comes to financial institutions (FIs), said John Owens, general manager of Elan Credit Card , in a new podcast interview with PYMNTS. The problem often stems from the environment in which they are operating — one that can put the brakes on innovation, even when innovation is key to thriving.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Generative AI: Traditional AI was ever-present in touted solutions regarding fraud, risk management, and the customer experience.

Conference 221

Conference Las Vegas Fraud Case Study 221

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike. First name.

Management 87

Management Fintech Industry Trends 87

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. operations with a soft landing of customers to Varo.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

Fintech 104

Fintech Regional Resources blockchain 104

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. Banks, of course, cannot ignore the FinTech threat. Competitive Disruption. Cybersecurity.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

NOVEMBER 16, 2020

The independent investigation will look into the other incidents affecting TARGET Services in 2020, including anything that directly or indirectly affected TARGET2 Securities, which is operated by the Eurosystem. It is owned and operated by the Eurosystem and allows bank submissions from central banks and commercial banks.

System 217

System Payments Operations Software 217

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

CB Insights

JUNE 14, 2021

Klarna , a fintech company, has raised $639M in its latest fundraising round that drew participation from SoftBank Group, Adit Ventures, WestCap Group, and Honeycomb Asset Management. It also helps users manage expenses and check available balances, alongside several other offerings. HOW’S THE COMPANY PERFORMING?

Company 65

Company Fintech New York Groups 65

PYMNTS

DECEMBER 16, 2019

I’ve connected a few of the dots from over the last decade that I believe will shape how the world will evolve in the 2020s, as well as the role of payments in driving that change. 2020 Trendline One: Rapid Acceleration Of Cash To Digital Payments. 2020 Trendline Two: The Rise Of On-Call Commerce.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

NOVEMBER 27, 2019

The story he told PYMNTS was one of FinTech’s global impact, and how the contributions of SMBs are being recognized for their importance. The government, for instance, has set up funding meant to guarantee and encourage more lending to those smaller operations. However, that’s changing. More Improvements.

Fintech 167

Fintech Regional Regulation ATM 167

PYMNTS

DECEMBER 9, 2020

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. But fast-forward to 2020, and the world is a very different place. He said that traditional banks operate one step removed from the data hub that is the point-of-sale transaction.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

FEBRUARY 26, 2020

FinTech upstart JUMO has notched $55 million in equity and debt funding. The newest investment round had participation from current investors, with the inclusion of Odey Asset Management, Leapfrog Investments and Goldman Sachs, in addition to new undisclosed investors, Quartz reported. The firm claims to have disbursed $1.8

National 132

National Fintech Lending Operations 132

PYMNTS

DECEMBER 4, 2020

The marriage of digital spend management to full-throated cross-border B2B payments capabilities is a match made in FinServ heaven, as the reengineering of payments pathways and partnerships after COVID is yielding potent, multifaceted new commerce solutions. Non-Optimized No Longer An Option. Enterprises have been onto this for a while.

Resources 142

Resources Operations System Capital 142

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. First name.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

DECEMBER 28, 2020

Consumers, businesses and financial institutions (FIs) cannot wait to bid adieu to 2020, which has been one of the most trying years in recent memory. Vancity said it has agreed to collaborate with North Carolina-based nCino to implement the latter’s Bank Operating System, which will replace its 15-year-old network.

North Carolina 197

North Carolina Houston Fraud Innovation 197

South State Correspondent

MARCH 21, 2023

Background of ERC ERC exists to assist businesses that were put under severe financial strain due to the government-mandated lockdowns from the 2020 COVID-19 pandemic. In 2020, the U.S. The Risks of Processing ERC There are three material risks associated with this operation – headline, reputational, and operational.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

DECEMBER 17, 2020

UK FinTech GoCardless Raises $95 Million Led By Bain. FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. Fiserv To Acquire FinTech Ondot Systems. The FinTech Fiserv has signed a deal to acquire Ondot Systems. The financial terms of the agreement were not disclosed.

Massachusetts 147

Massachusetts Bitcoin Payments System 147

PYMNTS

SEPTEMBER 28, 2020

As 2020 limps toward its exhausting conclusion, get ready for a massive rebound in 2021 — for consumer spending , for small- to medium-sized businesses’ ( SMBs ’) top lines, and for the U.S. FinTechs To The Rescue? It's not the responsibility of the FinTech sector to get businesses up and running,” he contended.

Fintech 291

Fintech Examples Industry Management 291

Jeff For Banks

DECEMBER 29, 2020

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. that invests in businesses that align with the company's focus on fintech; Government Loan Solutions, Inc., This is a bank that demonstrates what I like to term operating discipline. FS Bancorp, Inc.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

Abrigo

FEBRUARY 23, 2022

Another option is to make small business lending more efficient and borrower-friendly so that the financial institution can win, process, and manage more loans without big increases in staffing or other expenses. Jump-Start Digital Transformation with Change Management. Credit Risk Management. Knowing Your Customer. Learn More.

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How To Lending Software Survey 195