PYMNTS

AUGUST 4, 2020

Where once the marquee names in tech (and no shortage of FinTechs) jockeyed for primary banking services relationships, an increasing number of partnerships are now taking shape. To that end, BBVA was one of six banks that said on Monday (Aug.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. Matt Gallman, Drummond Community Bank.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

JANUARY 25, 2021

German neobank N26 hired Dr. Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). Backed by billionaires Peter Thiel and Li Ka-Shing, N26 launched its first products in 2015 and is among Europe’s most valuable non-listed FinTechs.

Fintech 254

Fintech Operations Tools Capital 254

PYMNTS

OCTOBER 21, 2020

Brazil’s government is planning to launch an initial public offering (IPO) for a new digital arm of Caixa Econômica Federal , according to a Reuters report on Tuesday (Oct. Brazil's open banking framework has been progressing slowly, partly due to lack of standardization. We are about to join the OECD.

Digital Banking 150

Digital Banking America Policies Fintech 150

Gonzobanker

AUGUST 31, 2021

Checking fee income is facing extreme downward pressure during 2021, influenced by competitive factors and the specter of greater future regulation. Several financial institutions are following the SpotMe initiative introduced by fintech Chime by waiving overdraft fees. But it comes with a pile of unintended consequences.

Strategy 144

Strategy Analytics Retail Mobile 144

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 43

Digital Banking Branding Innovation Strategies ATM 43

PYMNTS

NOVEMBER 24, 2020

FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. N26 is the pioneer of a freemium subscription model in banking. Value d at $3.5

Tools 231

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PYMNTS

DECEMBER 17, 2020

Kakao Bank Corp. , a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The timing of the IPO hasn't been decided, although Reuters reported that analysts predict it will happen in the second half of 2021.

Samsung 243

Samsung Digital Banking Security Fintech 243

PYMNTS

APRIL 19, 2017

billion by 2021. The growth has also caught the interest of companies like Bank of America, Facebook and Samsung, which are investing in building products that use intelligent virtual assistants, interactive text and interactive voice services. billion in 2016 to $9.59 About the Tracker.

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

PYMNTS

JANUARY 29, 2021

Plaid’s Deposit Switch Streamlines Digital Bank Account Funding. The FinTech says Deposit Switch comes with immediate and backup processes for consumers who are implementing recurring account funding. But debit remained strong, contactless transactions gained traction and Visa Direct volumes surged.

Digital Banking 132

Digital Banking Payments Mobile Branding 132

Bobsguide

SEPTEMBER 22, 2022

Finastra named a top global provider in IDC FinTech Rankings. London, UK – September 21, 2022 – Finastra is proud to be ranked one of the top providers in the 2022 IDC FinTech Rankings. This year marks Finastra’s entry into the top five and as a Fast Track FinTech, having risen significantly in the rankings from last year.

Fintech 74

Fintech Financial Technology Software Capital 74

The Financial Brand

APRIL 28, 2021

Monitoring fintech investments by venture capital firms and traditional banks provides perspective on competitive and strategic trends. The post Global Fintech Funding Explodes During First Quarter of 2021 appeared first on The Financial Brand.

Fintech 35

Fintech Trends Capital Branding 35

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 26

Digital Banking Branding Innovation Strategies ATM 26

Gonzobanker

APRIL 4, 2024

While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. According to the report , Chime has not engaged investment banks to date. Is it ready for an IPO? According to a July 2023 survey of U.S.

Comparison 104

Comparison Fintech America Survey 104

CB Insights

JUNE 17, 2021

The adoption of fintech apps has skyrocketed throughout the Covid-19 pandemic, spurring further growth and investor interest in this category. Fintech had one of the most successful quarters in history in Q1’21 , with record deals, funding, exits, and mega-rounds. . Big tech investment in fintech companies reached $2.2B

Google 100

Google Apple Fintech Report 100

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. billion by 2021.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JANUARY 12, 2021

“You can look at Q4 as somewhat of a transition quarter, as you put some of the challenges from 2020 in the rear-view mirror and look ahead to an improved 2021,” Barclays Analyst Jason Goldberg told Reuters, pointing to the pandemic-fueled interest rate freefall and record margin drop. A big rebound is expected in 2021.

US 160

US America Report Digital Banking 160

CB Insights

JUNE 10, 2021

Nubank , a fintech company, has raised $750M in an extended Series G round that drew participation from Berkshire Hathaway, Sands Capital, CPP Investments, and MSA Capital, among others. The company caters to more than 40M customers across Brazil, Mexico, and Colombia, making it the largest digital bank in the world.

Digital Banking 39

Digital Banking Capital Cards Fintech 39

PYMNTS

OCTOBER 22, 2020

The discussion was part of the ongoing B2B Payments 2021 PYMNTS TV series. That trend has pushed FinTechs and FIs to craft more direct financial interactions with consumers. In the great digital shift, as Purcell mused, is every app becoming a bank (and vice versa)? Piecemeal approaches to data privacy (or in the U.S.,

Fintech 169

Fintech Capital Innovation Data 169

CB Insights

JUNE 30, 2021

Philippines-based PayMaya, which is owned by Voyager Innovations, offers a slew of fintech services, such as a digital wallet, bill payments, and bank transfers. As of June 2021, PayMaya’s mobile wallet and remittance services have doubled to 38M in a period of 18 months. HOW’S THE COMPANY PERFORMING?

Digital Banking 51

Digital Banking Company National Innovation 51

PYMNTS

NOVEMBER 30, 2020

The access was made possible due to the development of a new API by the Singapore Clearing House Association (SCHA), which monitors FAST, and the Association of Banks in Singapore (ABS), which oversees PayNow. It will be available starting February 2021.

Payments 170

Payments Digital Banking Groups Cards 170

PYMNTS

JANUARY 7, 2021

In an environment in which connecting small- to medium-sized businesses (SMBs) to vital financial services and products is more imperative than ever, the world of SMB banking and FinTech is fostering an ecosystem of collaboration to expand availability. Orange Bank Acquires Anytime. "By Lloyds Pilots Satago Technology.

Strategy 196

Strategy Fintech California Community 196

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi.

Cards 254

Cards Fintech Management Lending 254

Fintech Labs Insights

AUGUST 31, 2021

Fintech startups had quite the showing in this year’s INC 500 ranking. In comparison, last year the highest-ranked fintech was #46 Yieldstreet and there were only 2 other fintech startups in the top 100. Source: INC Magazine, Aug 2021. *To Online Digital Banks for Small Businesses (SMB) August 2021.

Fintech 15

Fintech Company United States Comparison 15

Gonzobanker

MARCH 23, 2022

I didn’t find a lot to do in the lounge other than viewing a wall touting the bank’s blockchain accomplishments and watching a video of Chase’s eCommerce and Fintech Forum from June 2021. It would be easy to write this off as a useless initiative from a bank that can afford to spend $12 billion on technology.

Lending 103

Lending Fintech blockchain Video 103

PYMNTS

FEBRUARY 3, 2020

Banking is no longer just for traditional FIs, thanks to open banking’s spread. Digital banking development is poised to explode in Singapore, where legacy institutions have traditionally dominated. The landscape also means traditional banks are not particularly motivated to upgrade their platforms or technologies.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

Gonzobanker

FEBRUARY 11, 2021

But some things do change, and according to Cornerstone Advisors’ 2021 What’s Going On In Banking study, the change in three priorities signal a shift in how FIs are managing technology: 1. In addition, a little more than half of financial institutions (54%) intend to launch new products or services in 2021.

Lending 128

Lending Fintech Technology System 128

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? banks collected $15.47

Fintech 52

Fintech Millennials Lending Tools 52

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Read the full customer development post 4.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

DECEMBER 9, 2020

In today’s top news in digital-first banking, U.K. FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for its public offering preparations. Robinhood In Talks With Goldman On Possible 2021 IPO. Plus, Wells Fargo’s CEO believes the U.S.

Marketing 159

Marketing Tools Conference Fintech 159

Fintech Labs Insights

JUNE 7, 2021

Launched in a midtown (NYC) basement venue in 2007, Finovate* now organizes 4+ shows annually where fintech startups (as well as a few bigger companies) show their technology in no-Powerpoint 7-min live(ish) demos. The 2019 and 2020 winners are here, 2021 is below. FinovateSpring, May 2021 (Digital). Founded: 2014.

Fintech 15

Fintech New York Colorado Digital Banking 15

Fintech Labs Insights

JUNE 7, 2021

Launched in a midtown (NYC) basement venue in 2007, Finovate* now organizes 4+ shows annually where fintech startups (as well as a few bigger companies) show their technology in no-Powerpoint 7-min live(ish) demos. The 2019 and 2020 winners are here, 2021 is below. FinovateSpring, May 2021 (Digital). Founded: 2014.

Fintech 15

Fintech New York Colorado Online 15

Fintech Labs Insights

FEBRUARY 10, 2021

Traction: 500 Startups accelerator (Batch 27, Feb 2021). Description: Challenger bank/debit card for teens. Traction: 500 Startups accelerator (Batch 27, Feb 2021). Related: First Look: Watch 16 Insurtech Startups Pitch at PlugandPlay’s Munich Winter Summit 2021. Online Digital Banks for Small Businesses.

San Francisco 15

San Francisco Fintech Cards Digital Banking 15

PYMNTS

SEPTEMBER 21, 2020

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 Digital small business insurance provider Next Insurance is negotiating an arrangement to bring in new capital that would reportedly value the FinTech upstart at $2.25

Resources 223

Resources Capital Fintech Cards 223

Fintech Labs Insights

MARCH 15, 2024

In the fintech space, only Fintech Meetup , launched in 2021, has reached critical mass this decade. Last week’s event in Las Vegas attracted a self-reported 4,000 attendees and was the talk of the fintech pods and Substacks the last few weeks. The pandemic slowed the introduction of new events.

Conference 15

Conference Las Vegas Fintech Case Study 15

PYMNTS

DECEMBER 17, 2020

N26 , a German FinTech, is looking to do at least one more funding round before going public in 2023 at the earliest, and eyeing breaking even on an operating level in 2021, Reuters reported.

Fintech 183

Fintech Meeting Report Capital 183