Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

Idaho 163

Idaho Community Industry Strategy 163

PYMNTS

DECEMBER 30, 2020

Though 2020 was full of volatility, the B2B FinTech landscape persevered with venture capitalists and other investors for a lucrative year. Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments.

Capital 211

Capital Management Operations Security 211

PYMNTS

DECEMBER 14, 2020

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

Massachusetts 229

Massachusetts Fintech Survey User Experience 229

PYMNTS

JANUARY 27, 2021

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. Bot activity is the third major threat banks faced in 2020. How Authentication Prevents Fraud.

Security 213

Security Innovation Fraud Study 213

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. The company has tapped KB Securities Co. Kakao Pay is the FinTech arm for Kakao Corp. , The company is likely to be valued at $8.5

Fintech 150

Fintech Mobile Security Operations 150

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 GoodRx earned $55 million in 2020’s first half prior to the company’s September IPO. percent year over year to $37.9

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US Company Report Payments 230

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.

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Customer Experience Fintech Regional Cards 125

PYMNTS

FEBRUARY 7, 2020

But this fallback option (less secure though it may be) will disappear, said Edwards, as authentication methods improve on the digital front. As long as we are in a digital environment, then [payments] look a lot like the rest of FinTech or treasury banks or the gig economy,” he told Webster. “I

Payments 164

Payments Data System Security 164

PYMNTS

NOVEMBER 1, 2020

FinTech Cashaa in collaboration with India’s United Multistate Credit Cooperative Society. Crypto exchanges are reporting seeing traffic increases from five to 10 percent in India, while local crypto exchanges have seen a tenfold increase in registrations in 2020. The bank will expand to over 100 by next year, according to the report.

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Bitcoin cryptocurrency Fintech US 212

PYMNTS

SEPTEMBER 2, 2020

If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. The news service, citing a source, said the IPO is expected to push that valuation to more than $3 billion.

Payments 229

Payments Fintech Security Technology 229

PYMNTS

OCTOBER 16, 2018

In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

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Fintech Regulation cryptocurrency Innovation 188

PYMNTS

JANUARY 20, 2021

FIs must be prepared to support the pandemic-driven shift in consumers’ payment and spending behaviors while also keeping up with new security needs, Chris Tremont , executive vice president of virtual banking for Radius Bank , said in a recent PYMNTS interview. “As Security And The Consumer Element . is huge,” Tremont said.

Security 130

Security Cards Mobile Fraud 130

Bank Innovation

JANUARY 30, 2018

EXCLUSIVE – If the future of banking is partnering with fintech startups, then finding the most innovative and efficient fintechs becomes crucial for banks’ success. based The Venture Center’s FinTech Accelerator program, which is backed by financial […]. One such program is Little Rock, Ark.-based

Fintech 358

Fintech Innovation Capital blockchain 358

PYMNTS

JUNE 8, 2020

PYMNTS’ June 2020 B2B API Tracker® done in collaboration with Red Hat , observes that recent rapid adoption trends for APIs among banks and financial institutions (FIs) indicate a wolf at the door (Big Tech, challengers), but more so, the realization that customer experience (CX) is the new currency. Cloud Havens and Changing Keys.

Security 130

Security Policies Fraud System 130

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Digital Demand.

Fintech 211

Fintech Mobile Analysis Technology 211

BankInovation

AUGUST 5, 2022

Parafin announced Tuesday that it has secured $60 million in its second funding round. The fintech startup works in tandem with companies such as food delivery service DoorDash and wellness company Mindbody to provide funding for small businesses. The latest […].

Fintech 52

Fintech Security Company 52

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. Digital Risks.

Fintech 175

Fintech Capital Lending Report 175

Bank Activities

JUNE 20, 2022

The Swedish fintech Juni has successfully closed another funding round raising $206 million in debt and equity. The Series A round held in October 2021 secured $52 million from EQT Ventures, and the funds were used for a new product launch. In 2021 the company held its Series A funding round when it secured $21.5

Security 41

Security Fintech Capital Company 41

PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. JPMorgan Ups Security By Blocking FinTechs From Passwords. Ant, Razer Join Rally For Singapore eBank Licenses.

Fintech 133

Fintech Payments Digital Banking America 133

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

BankInovation

DECEMBER 31, 2020

Financial institutions rounded out 2020 with new faces filling C-suite positions. WSFS Bank and Google Cloud named new technology and security chiefs while API provider Galileo appointed a chief revenue officer, and automated investing platform Wealthfront filled out its banking advisory group with regulatory heavyweights.

Fintech 80

Fintech Google Innovation Groups 80

PYMNTS

DECEMBER 18, 2018

As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. 5G Security Holes? As well, the 21-page report found that 5G “security goals are underspecified,” among other problems. Government Role?

Security 143

Security Mobile Technology Cyber Security 143

PYMNTS

NOVEMBER 20, 2019

Visa and American Express (Amex) turned their attention to promoting virtual card adoption as a technology that enables greater visibility and security in B2B transactions. customers mid-2020. Collaboration is key to many of these efforts, with big banks working with Boost Payment Solutions, Coupa, Mesh and OPEN.

Cards 155

Cards Innovation Fintech Payments 155

PYMNTS

JANUARY 28, 2020

If it’s the latter — or some combination of the latter — that means working with FinTechs or other financial services players that are not traditional FIs. Of course, those digital strategies that FIs are (or should be) working on in 2020 can involve a variety of features, tools and offerings.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

Perficient

JUNE 30, 2022

In 2020, The Bahamas legislation passed two digital-asset-specific pieces of legislation: the Digital Assets and Registered Exchanges Act (the DARE Act) and the Financial and Corporate Service Providers Act (the FCSP Act), which established safeguards for the custody of digital assets. Legislative Initiatives. Attracting Crypto Corporations.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

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

OCTOBER 15, 2020

Secret Double Octopus , which works in passwordless authentication for security online, has secured a strategic investment from SC Ventures, the FinTech and investment arm of international banking group Standard Chartered , a press release says.

Report 199

Report User Experience Security Fintech 199

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. Making sure customers can access banking services with ease is crucial — but so is keeping those services secure.

Digital Banking 262

Digital Banking Security Innovation Google 262

Tomorrow's Transactions

NOVEMBER 17, 2020

At the (sadly, virtual) Fintech South event the year, I was asked to chair a discussion on identity and privacy with three extremely well-qualified experts who had informed perspectives on the state of, and trends in, those important pillars of a digital society.

Fintech 30

Fintech Trends Security Cards 30

PYMNTS

JULY 23, 2020

72%: Increase in FinTech app usage in Q1 2020. 40%: Share of ATMs that run on Windows XP, which no longer receives security upgrades from Microsoft. All this, Today in Data. 50%: Decline in automated teller machine (ATM) use since the beginning of the COVID-19 pandemic.

Technology 166

Technology Retail ATM Data 166

PYMNTS

JANUARY 11, 2021

The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. Richard Holmes, previously CEO at Standard Chartered European, joined the Revolut team in October 2020 as a board advisor. billion valuation.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

NOVEMBER 19, 2020

Modulr helps digital businesses in fields like lending, banking, travel, FinTech, employment services and accounting to build new payment products for customers, the release stated. The release called 2020 a "breakout year" for the company and noted that its total fundraising was 63.3 million pounds ($83.9

Payments 168

Payments Resources Security Lending 168

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

OCTOBER 30, 2019

Recent filings show that China’s central bank will use its new verification system — the Certification of FinTech Products — on all of the products that could be used in digital payment technologies, including point-of-sale mobile terminals, embedded application software, user front-end software and security carriers and chips.

blockchain 101

blockchain Bitcoin Security Software 101

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals.

Security 130

Security Fraud blockchain Cards 130

Bank Activities

JULY 1, 2022

The Indonesian consumer fintech platform Flip has successfully completed a Series B extension round, raising an additional $55 million. The total funding secured through Series B round amounts to more than $100 million. Consequently, the fintech platform provides peer-to-peer digital payment solutions.

Security 36

Security Capital Fintech Innovation 36

PYMNTS

JANUARY 8, 2021

It said it is striving to protect people’s rights and interests and safeguard national security. FinTech leaders in China started scrambling for capital in November 2020 when regulators first started cracking down on financial services and payments firms.

Online 171

Online Regulation Maine National 171