PYMNTS

OCTOBER 9, 2020

In today’s top news in digital-first banking, the government of the Philippines is considering limiting the number of digital banks that run in the country, while Ripple introduced its Line of Credit beta offering. Philippine Government Considers Digital Bank Limits. Ripple Announces Line Of Credit Offering.

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Digital Banking cryptocurrency America Meeting 132

Independent Banker

OCTOBER 31, 2022

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. The fintech landscape is shifting. For community banks that have yet to start evaluating digital solutions and providers, now is the time to act. By Charles Potts, ICBA.

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Bank Innovation

MAY 29, 2018

A lot happened in the digital banking world this month, from major events in the payments worlds like PayPal acquiring iZettle for $2.2 Here are some of the important trends that Bank Innovation pulled out of the fintech chatter […].

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Trends Fintech Innovation Digital Banking 246

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. Healthcare seems likely to play a role.

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Banking Exchange

MARCH 18, 2020

Bill Harris to chair One alongside CEO Brian Hamilton; launch slated for summer 2020 after successful funding round The Economy Technology Retail Banking Feature3 Fintech Feature Financial Trends Mobile Online Tech Management Customers.

America 97

America Digital Banking Trends Fintech 97

Chris Skinner

JULY 11, 2017

I got to thinking about yesterday’s post on humanity in part due to a discussion of global banking. Global, universal banking was the mantra of the 2000s and HSBC, Citi, Bank of America, BNP Paribas, Deutsche and more were all jumping on the bandwagon. It’s not universal, just commercial.

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Fintech Bitcoin Regulation Analytics 327

PYMNTS

OCTOBER 21, 2020

Brazil's open banking framework has been progressing slowly, partly due to lack of standardization. FinTech developments are the biggest drivers of open banking in both Brazil and Latin America. . I nnovations in payments-as-a-service (PaaS), however, have been quickly advancing in the country.

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Digital Banking America Policies Fintech 150

Bank Innovation

MARCH 13, 2018

EXCLUSIVE - Before social media platform Facebook became a popular channel for digital banks to offer banking features to its customers, let’s not forget that FB was first and foremost an important advertising tool for banks to reach a younger audience. Take British challenger bank Starling Bank, for example.

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Digital Banking social media Tools Examples 249

PYMNTS

JULY 1, 2019

While it gears up to apply for a digital banking license in Singapore, cross-border payments firm InstaReM is reportedly seeking lending business partners. In separate InstaReM news, the Singapore FinTech firm notched $41 million in venture funding per reports in March. The company plans to open an office there).

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Digital Banking Lending America Report 123

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.

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Fintech America Payments Capital 169

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. Plus, Indonesia is planning to implement flat-rate fees for certain digital wallet transactions.

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Fintech Payments Digital Banking America 133

PYMNTS

OCTOBER 7, 2020

In today’s top news in digital-first banking, Alacriti is teaming with The Clearing House to help with the adoption of real-time payments (RTP), while Bank of America is rolling out three new business treasury-focused application programming interfaces (APIs). Bank Of America Launches Business Treasury APIs.

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America Payments Software Data 130

PYMNTS

APRIL 14, 2016

Bank of America just took a major step toward extending its mobile banking services to a growing base of millennials that are steering away from traditional banking.

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PYMNTS

DECEMBER 17, 2019

One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access to credit. That test is playing out in Brazil, the largest country in South America, and one of the largest emerging economies in the world. FinTech Sandbox. FinTech Prognosis.

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Fintech blockchain Trends America 136

Chris Skinner

FEBRUARY 22, 2017

The industries targeted to use those technologies were those that had high frequency of contact with the customer – banks, retailers, telco’s – and the whole idea was to get an in-depth analysis of the customer data to cross-sell and leverage knowledge of their needs and habits.

America 262

America Data Analysis Course 262

PYMNTS

APRIL 19, 2017

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. TO DOWNLOAD THE APRIL EDITION OF THE PYMNTS DIGITAL BANKING TRACKER™, CLICK THE BUTTON BELOW. . .

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Digital Banking Technology Samsung Meeting 180

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Highlighting Open Banking Challenges In Latin America.

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Mobile Report America Regulation 229

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. First name. Company Name.

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America Lending Cards San Francisco 101

PYMNTS

JUNE 28, 2018

Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Mexico suffers the most cyberattacks in Latin America, followed by Brazil, according to the latest analysis from the Wilson Center. Fraud is a Top Worry.

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America Security Miami Conference 102

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

The Financial Brand

JANUARY 28, 2020

Fintech awareness and usage have increased exponentially on a global level, but use in North America continues to lag due to outdated regulations. The post Fintech Adoption in North America Lags Global Acceptance appeared first on The Financial Brand.

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America Fintech Regulation Branding 40

The Paypers

AUGUST 6, 2020

The Uruguayan-Mexican fintech Mozper has launched a new service to provide digital banking services to parents and kids in Latin America.

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Digital Banking America Fintech 53

PYMNTS

OCTOBER 22, 2019

Carlos Costa, the head of the Bank of Portugal and member of the European Central Bank (ECB) board, said banks are going to have to be nimble and fast reacting if they want to stave off competition from FinTechs and digital banking apps. There will be an adjustment on the banks’ side,” Costa said.

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Fintech cryptocurrency Digital Banking Conference 103

PYMNTS

SEPTEMBER 17, 2020

The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC. trillion, against the “big six” banks — J.P. As the ages go down, the amount of people using digital consumer products just keeps going up, PYMNTS reported.

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Fintech America Mobile Digital Banking 235

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. The creation of open banking initiatives in the E.U.

America 165

America Regulation Regional Tools 165

PYMNTS

SEPTEMBER 19, 2019

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. Accelerate 2.0

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Fintech Millennials Cards America 148

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. The future for digital banking. Source: PwC.

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Digital Banking US Online FDIC 98

PYMNTS

JANUARY 26, 2020

British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S. The digital bank is looking to raise around £100 million (nearly $ 130.6 The London-headquartered bank raised £113 million in June from the U.S. million USD) in new funding.

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Los Angeles Capital Digital Banking Fintech 193

Bank Innovation

JUNE 4, 2019

Bank of America has added a human-assisted option to its digital wealth management product. With the launch of Merrill Edge Guided Investing with an Advisor this week, Bank of America joins a growing number of banks and fintech startups that are adding digital-only investment tools with human help.

America 170

America Tools Fintech Management 170

PYMNTS

SEPTEMBER 3, 2018

The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments, online and mobile commerce, and related areas. The deal between the two countries comes as other global FinTech partnerships are being formed. The FinTech is Finserve Africa.

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Fintech Trends Innovation Groups 111

PYMNTS

APRIL 22, 2020

In the April Digital-First Banking Tracker ® , PYMNTS explores the latest in the world of digital-first banking, including new simplified loan deferment processes from Bank of America, $3.6 Developments From Around The World Of Digital-First Banking.

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PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Deutsche Bank ‘s earnings, however, slumped.”. Trust in Banks. The subject? Why is that?

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Fintech UX Mobile FDIC 191

PYMNTS

MAY 21, 2019

German FinTech company Raisin, an investment and savings marketplace, is looking to expand its business into the U.S., The company, which is backed by PayPal, wants to attract customers with higher-yielding deposits from its various banking partners. billion) in deposits for German banks like Commerzbank and N26.

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Fintech US America Leadership 135

PYMNTS

JULY 28, 2019

The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV , making it the first major Latin American investment by the Menlo Park, California fund. . In this seventh round series F funding, the company raised $400 million and is now the largest “digital bank” in the world, a Nubank press release said. .

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America Capital California Fintech 134

PYMNTS

DECEMBER 3, 2019

Also, Visa is working with four global finance firms to help FinTechs issue plastic as well as digital payments. And London’s digital unicorn Monzo has appointed TS Anil to head up U.S. New Visa Alliances Help FinTechs Launch Payments Solutions. UK Digital Bank Monzo Taps Visa Exec As US CEO. operations.

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Fintech Colorado Payments Operations 132

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. Among Bank of America customers, half make more than $75,000.

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Comparison Fintech America Survey 104

PYMNTS

JUNE 29, 2020

The demand to move to digital financial services has been greatly accelerated by recent events like nationwide shelter-in-place orders due to Covid-19. In an interview with PYMNTS earlier this month, Mzukisi Rusi , head of technology delivery in North America at Entersekt , said the stage has already been set for the shift to digital.

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Fintech California New York ATM 151